INDONESIA CAR HIRE INDONESIA CAR LEASING PCP PCH
In Indonesia, car leasing is by definition a way to get acces to the use of vehicle through Indonesian car lessor or car dealers to allow an Indonesian driver to use a car on a long term renting contract basis.
In Indonesia, car leasing is offered by Indonesian car dealers companies using two different options of vehicle leasing: PCP (Personal contract purchase) and PCH (Personal contract hire), the first allowing to buy the car at the end of the rent while for the second, the Indonesian lessee just has to return the car after the hire contract period.
In Indonesia, auto leasing is defined as a financing option to purchase a car for an indonesian private person or for an indonesian entrepreneur without using a loan via a bank or an indonesian lending company.
In Indonesia, car leasing is traditionally a way to obtain access to a vehicle or machines on a long term rent basis with the option to purchase the good or service after the renting period or the get another new good for another rental period.
Indonesian car leasing was initially dedicated for business people who use this finance option to avoid any heavy loan agreement with a bank while a leasing option has the advantage to consume less liquidity with often no downpayment and on top present tax advantages for an entrepreneur.
In Indonesia, car leasing is now available for Indonesian private person so they can use vehicles such a car on the basis of a 4 or 5 year rent basis with monthly instalments with the option to decide to own the car on the residual life time basis value or just to return the car.