Lotte AutoLease has launched a leasing product for small used cargo trucks under one ton.

The new used cargo truck leasing service from Lotte AutoLease is characterized by the ability to use vehicles managed directly without concerns about vehicle quality or fraudulent listings. Since they primarily handle company-operated vehicles that have been systematically maintained, one can trust the vehicle quality.

An additional advantage is the ability to continue utilizing diesel models that are not available for new purchases as used vehicles. Lotte AutoLease currently holds a large stock of one-ton diesel trucks, like the Hyundai Porter and Kia Bongo, which will stop production by the end of November.

Moreover, they have expanded the range of options for customers with various models, including the Staria van, Ray van, and Rexton Sports. Specialized vehicles such as box trucks and wing bodies are also available to select the most suitable vehicle for business purposes.

Leasing used cargo trucks reduces initial investment costs compared to purchasing new vehicles, making it a convenient service for customers looking to manage their budgets effectively. Monthly leasing fees start from the mid-100,000 KRW range. This is more economical than standard installment payments as it offers benefits from cost processing to VAT refunds. Furthermore, customers have the freedom to acquire or return the leased vehicles, reducing the burden regarding contract duration.

In addition, a variety of maintenance services are offered to facilitate convenient vehicle management. Customers can choose from general maintenance, cost-effective maintenance, and premium maintenance options based on their economic conditions and driving environments.

Customers interested in used cargo truck consultations or estimates can search for Lotte AutoLease on the portal and visit the used truck leasing page on their website. Detailed information such as accident history and vehicle photos can be checked, and a professional consultant will assist in making a rational decision on the appropriate vehicle for business needs.

A representative from Lotte AutoLease stated, “We have launched a new leasing product reflecting the needs of customers who seek reliable vehicles through systematic management in the used commercial vehicle market,” adding, “We propose used car leasing as a new method of vehicle acquisition for individuals, sole proprietors, and corporate clients.”

Lotte AutoLease, a subsidiary of Korea’s largest comprehensive rental company Lotte Rental, is a financial company specialized in cargo vehicles. They provide auto lease services to allow customers to choose various vehicle purchase methods according to their lifestyles and economic situations.

The main businesses include operating leases for cargo vehicles (trucks, vans, special vehicles), maintenance auto lease, and used cargo truck leasing. Since joining the K-EV100 initiative in September 2021, they are strengthening their ESG management through partnerships with electric vehicle manufacturers and the launch of products specifically for electric vehicles.

Contact: Jaesang Lee, daedusj@autodiary.kr