Avalon Transportation: More Millennials are Leasing Cars

(Newswire.net — September 29, 2016) Santa Clara, California — The demand for rental cars or short term car leasing is increasing as more companies and transferees are realizing the advantages over buying a car. According to Avalon Transportation Service, a company that specializes in auto rental, short term leasing and strongly associated with the relocation industry, millennials are a big reason behind the increasing popularity of car leasing.

Last year, the industry saw a record number of millennial expats leasing cars in order to allow time to get settled before making a large purchase on a vehicle. A 2015 study revealed that the percentage of millennials leasing cars was up 46% over the five preceding years. The same study showed that leasing accounted for practically 29% of all car purchases by millennials.

“There are various benefits that come with auto rental and leasing,” says a spokesperson from Avalon Transportation Service. “Although car ownership offers long-term financial benefits, car rental and leasing allows for more flexibility. Millennials are especially drawn to these benefits since they are at a period in their lives where their needs are frequently changing.”

Avalon Transportation Service was founded in 2004 to satisfy the growing demand for auto rental services. As the company has grown, more services were added to meet the different needs of their clients, such as airport transfers, corporate housing support, short term leasing and auto purchase. Having been in the industry for over a decade, the company has seen the industry undergo several trends. CEO Barry Hauck says that he expects the number of people leasing cars to keep growing, especially since more people now prefer to drive new cars rotating the vehicles they drive every few years.

“Leased cars are usually new so lessees save a lot of money on serious repairs or maintenance costs,” says Avalon’s spokesperson. “Plus they get to have a new car more often than if they were to buy a car. When you buy a car, it will most likely stay with you for a long time.”

Renting or Leasing a car gives the expat and family time to get established in a new country and all the demanding needs it takes to move a family without having to figure what kind of car you would like to have for long term. Apart from flexibility, leasing also saves lessees and or the company from costly upfront charges. In addition to these reasons, maintenance, reliability and easy terms, makes car leasing a lot more attractive to the ever growing population of young professionals.

Of course, as the car leasing industry grows, new companies specializing in car leasing are established. This means that while the demand is growing, competition among car lease providers is also getting tougher. Avalon Transportation says that they are able to lead the competition by providing unrivaled customer service and cost effective programs along with their own personal touch.

“We own and maintain a huge fleet of 300 vehicles, with each model chosen for quality, reliability and performance,” says Barry. “Our services are very personalized to address the different needs of each and every client. We basically arrange everything for them, and their satisfaction is always our top priority.” To learn more, visit http://driveavalon.com/.