What is the leaseback and how does it work?

The principle of a Leaseback is to purchase vehicles that you own which are subsequently rented to you for pre-arranged monthly installments. ALD Automotive can buy your cars and leaseback them to you so you can take advantage of ALD Automotive and all the benefits of a full service leasing contract. ALD Automotive can buy your entire fleet or just part of it and rent it back to you for the agreed time and mileage. After this period, your fleet will be renewed with new leased vehicles.

Leaseback – Services

  • Insurance
  • Maintenance
  • Repairs and inspections covered under warranty
  • Exchange and storage of the tyres
  • Assistance services
  • Replacement vehicle
  • Road tax
  • Highway fees
  • Fuel management
  • Reporting
  • On-line tools
  • GPS monitoring

Benefits of Leaseback

  • You can easily switch from owning and maintaining your vehicles to full-service leasing without compromising the availability of your vehicles
  • You can focus on your business
  • Selling your fleet will release your tied up funds
  • ALD Automotive assumes all risks of the residual value of the vehicle and its subsequent sale
  • We will fully assume administrative and procedural costs through consolidation of administration and management of these costs
  • After termination of the contract, you can buy the vehicles back at pre-agreed prices and terms