This option provides flexibility to the customers to either retain or return the car at the end of the lease period. For returning, the leased vehicle needs to be surrendered to Orix at the end of the lease period. In Buyback, customers have an option to purchase the leased car by bidding for the same or can agree to a predefined price during the inception of the contract

At Orix we have extended various additions to our products to suit the varying needs of the corporates. Corporates can select any or a combination of the below mentioned additions to their finance or operating lease for a complete mobility solution:

1. Total Loss & Theft Cover - We provide a complete cover to our customer in case of total loss or theft. Customers can opt for a new car without worrying to close the asset which was under total loss / theft.
2. Automatic transfer - In case the employee quits the employment, the lease gets automatically transferred to the user for the remaining lease period.
3. Absconding Case - In the event of a user absconding, the liability is taken by Orix after the completion of the necessary documentation by the corporate.
4. Death During Lease Periods - The lease gets terminated in the event of a death of the user while the lease is still live.
5. Vehicle Registration Options- Customers can opt to register the vehicles in the corporate name or in the name of the user.
6. Agreement Flexibility - Customers can opt for a biparty agreement between the lesser and the lessee. If they want to include the user into the contract it can be done through a tri-party lease option.

Customers can opt for the following under the tailor made leasing program -

1. Choice between Operating & Finance Lease
2. Choice between Return & Buyback option
3. Choice to select all or any among the rider option
4. Choice between a biparty/ triparty agreement

This option allows corporates to get a relaxed and convenient mobility solution. Under this option, we buy the existing fleet of the customers and lease back the same vehicles to the corporates. This is beneficial to customers as all cars are covered under leasing which includes the existing fleet and the new fleet.

ORIX has a fleet of well maintained lease returned cars which are used by various corporates. These vehicles can be offered on lease for a shorter/longer duration. All features available under the new car program are also available under the used car lease program.