MASCO is among the few companies in Kuwait that offers its clients the option of Lease to Own your vehicle.
A Lease to own is a full-payout, non-cancelable agreement, in which the lessee is responsible for maintenance and insurance. Lease to Own are most attractive in cases where the lessee wants the benefits of ownership or expects the vehicle’s residual value to be high. The lessee purchases the vehicle upon lease termination at a pre-agreed amount. The term of this lease tends to be longer, nearly covering the useful life of the vehicle.
With Lease to Own (also known as an equity lease), the vehicle is transferred to your name at the end of the lease period. This is often the type of lease used by businesses or individuals who drive a lot.
It is a very popular option among people who cannot purchase a car as many banks or financing companies ask for a big down payment as MASCO monthly lease payments are much lower than when buying a vehicle through any financial institution.
You will pay for Maintenance, Insurance and registration.