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DSK Motors to enter car leasing business

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BS Reporter Mumbai/ Pune
Last Updated : Jan 20 2013 | 12:03 AM IST

City-based DSK Motors Ltd has entered car leasing business for corporates and hotels through 25 initial deals. The company, that operates Toyota dealerships in eight districts in western Maharashtra and Konkan, plans to have 50-car-fleet for leasing business to be launched in September.

DSK Motors launched the premier segment SUV Toyota Fortuner priced at Rs 18.4 lakh (ex-showroom) in Pune. Speaking to reporters after the launch, DSK Motors executive director Jitendra Mali said, "A large number of corporates and business hotels in city need a reliable car leasing facility at an attractive pricing. We are looking at such high-end customers who would hire a car with a driver, fuel and maintenance for a minimum period of six months. We have already signed 25 deals with different clients and another 25 deals are due."

The company, through this leasing business, will provide cars of different brands and manufacturers, as asked by clients. "We will finance these cars through bank loans. The pricing would be lower with us due to our in-house servicing and maintenance facilities," Mali added.

DSK Motors operates Toyota dealerships and service stations in Pune, Satara, Ahmednagar, Kolhapur, Sangli and Solapur districts. It has recently expanded its dealership network to Ratnagiri and Sindhudurg districts as well.

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