We fund the full cost of your vehicle, covering all costs associated with registration, full-tenure insurance, scheduled and Unscheduled maintenance, contingent repair costs, management, and more. At the end of the lease period, the user has the option to extend the lease or return the vehicle and lease a new vehicle for a new period.

This option gives customers the flexibility to keep the car or return it at the end of the lease tenure. The leased vehicle must be handed over to MyLease after the completion of the Lease tenure. If the customer needs to repurchase at the end of the lease, the customer may repurchase by matching the existing market price or, with consent, purchase at the stated price at the commencement of the lease.

This option provides businesses with a relaxed and convenient mobility solution. With this option, we purchase your existing vehicle and lease the same vehicle to your company. This benefits our customers as all vehicles, both existing and new fleets, are eligible for lease.