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LEASE IT

EASE IT

Get a brand new car on an easy monthly lease

*Terms & conditions apply. Car images are for illustrative purposes only.

UGO car

What's
a ugo car?

A Ugo car by ALD Automotive is a simple and better way to drive a car without having to take a loan or to rely on your savings. Simply put, it is a three-way contract between you, your employer and ALD Automotive that lets you lease a brand new car of your choice*, at attractive lease rentals.

Every month, a fixed lease amount will be paid from your employer on your pre-tax income. Just so all you have to do is sit back and enjoy the ride.

*Subject to eligibility

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BENEFITS OF LEASING A UGO CAR

Lease Various cars with a tri-party contract between an employee, his employer and ALD Automotive
  • Rewarding /

    How? Your Ugo lease payment goes from your pre-tax income, paid directly by your employer. These payments will further lower your total taxable income. Lesser taxable income = lesser payable tax = a happier wallet.

  • Hassle free /

    Because ALD Automotive does all the work for you. With us, your Ugo car is always insured and regularly maintained. ** And all your claims for services and accidents are handled.**. All you have to do tell us which car you want and sign the contract. It’s that simple.

  • Flexible /

    That’s right. If you’re between jobs, you can transfer your ugo car contract to the name of your next employer*. Alternatively, you can transfer it to your own name*, changing it from a three-way to a two-way lease contract. Whatever happen, your car stay with you.

  • *Subject to credit check approval. **Conditions apply

GET MORE THAN JUST A CAR

THE UGO ADVANTAGE

  • No deposit or upfront payment needed, all you have to pay is a fixed monthly lease rental.

  • Book maintenance appointments, manage your insurance claims, get your own quotations and track your lease contract and more with a tap here and a swipe there, on the My ALD app.

  • You don’t need to pay for entire value of the car. Your monthly lease rental will be based on the car you choose, required mileage, tenure and services you opt for.

  • Upgrade and enjoy a new car every 3-5 years without any resale risk.

HOW TO GET A UGO CAR

It’s Simple

  • ALD has tie-ups with companies across India. Check if your company is listed with us and if employment policy entitles you a car.

  • Get our experts advices on the car that suits best your budget, location, mileage and duration expectations. Compare the quotes and specs shared by our advisors (or My ALD app).

  • Once you’ve set your mind on your car, you and your employer will sign the contract with ALD Automotive. Then, we’ll order the car specifically chosen and personalized for you. And thanks to our expertise and longstanding in the industry, you will benefit from the best of deals. All you have to relax while your dream car is on way.

  • Get our experts advices on the car that suits best your budget, location, mileage and duration expectations. Compare the quotes and specs shared by our advisors (or My ALD app).

  • Once you’ve set your mind on your car, you and your employer will sign the contract with ALD Automotive. Then, we’ll order the car specifically chosen and personalized for you. And thanks to our expertise and longstanding in the industry, you will benefit from the best of deals. All you have to relax while your dream car is on way.

  • The keys of your car are now waiting for you! Start your ugo experience by downloading and signing in to the MyALD app to manage your car and the lease contract. We manage your car, you enjoy the ride.

Ready to lease your dream car?

We’ve driven a long way

  • Companies working with us

  • Cars worldwide

  • Countries served

  • Employees to serve you

See yourself

driving one of these?

Frequently asked

You can contact your company HR / Admin or Fleet manager to get this information. You can also contact us via the contact form and we will help you find out.

It is fairly simple. You can refer to your company car policy. that defines the eligibility criteria for getting a salary packaged company car on lease. You can also get in touch with your Admin or HR department to get more information on this.

You can lease a Ugo car for a tenure ranging from 24 months extendable upto 60 months.

Ideally, the monthly lease rental once fixed at the beginning of the tenure will remain unchanged. But it can be changed if you want to increase or decrease the contracted mileage. Alternatively, the monthly lease rental will be impacted in case of changes in the taxes of the state or the country.

We will check the mileage of your car at the end of the tenure. If you have exceeded the mileage, you will need to pay an excess mileage charge as per terms of the agreement signed. But if you have driven lower than the contracted mileage, in case of Optiflex termination, ALD Automotive will gladly refund the excess amount paid by you.

Once ALD Automotive receives all the documentation from you and your company, we will process the order within 2-3 working days, and place the order with the dealer. We will then inform you of the possible delivery date of your car through e-mail, depending on the model of the car you choose and its availability in the market.

Yes, you can choose any vehicle, variant and color according to your choice and taste, as long as it is in line with your company car lease policy and your eligibility criteria.

You can also choose the accessories you want and approved by the manufacturer, at the time of buying the car. These accessories will then be a part of your lease rentals. You can also put additional accessories after leasing the car, but the cost will have to be borne by you. Please note that when you return the Ugo car to ALD Automotive, you will not be permitted to remove the additional accessories from the car.

Salary packaging of a car via Novated Lease / tri-party contract is a smart and pocket friendly way to get your car because of all the benefits it brings. Normally, you pay for your car loan EMI’s and all its running expenses like fuel, driver salary, maintenance, registration and insurance from the salary you receive after tax has been deducted by the employer. However, in case of a Ugo car, you pay those running expenses along with the entire amount of the monthly lease rental from your income before tax is deducted. Thereby, lowering your taxable income and saving you income tax.

At the end of the contract and prior to selling the Ugo car in the open market, ALD will offer you the right to refusal to buy the car, either at the price fixed during signing of contract or if not, then at the current market value it fetches. If you are keen to, you can buy the car.

Yes, you can choose from ALD’s excellently maintained pre-owned fleet and lease your dream car at attractive monthly lease rentals.

In case you want to change your job and join a new company, our tri-party contract gives you 3 options:
1. To transfer the lease to your new employer. The tri-way contract will be maintained, but with the name of your new employer. Everything else will stay the same.
2. To make payment of lease rentals personally, so that lease is continued between ALD Automotive and you.
3. To terminate the contract, based on the terms of the lease agreement.

1. Before the end of the Ugo car contract, if you wish, you may extend the contract up to a maximum of 60 months. We will revise the lease rentals and you can keep the same car.

2. For any reason, if you don’t wish to continue with ALD Automotive, towards the end of your contract, you can get your car readied up for surrender as per the vehicle surrender policy.

3. You also have the option to upgrade to a better car. You can start looking for your next car with ALD Automotive, comparing various options and quotes using the My ALD application and contracting for a bigger and a better car.

HAVE SOME QUESTIONS?

Send us an SMS with “UGO” at 81081-14888

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