Car Leasing

The automotive industry is witnessing an unprecedented transformation, with advanced technologies seizing the reins and catapulting the sector into uncharted territories toward an eco-friendlier future driven by sustainable transportation solutions. Amid this whirlwind of change, a new era in mobility is unfolding, propelled by artificial intelligence and subscription-based services and anchored firmly on the bedrock of customer-centricity, promising to redefine the industry’s trajectory in the coming years.

Advanced Technologies Redefining Mobility

Advanced technologies have led to a paradigm shift in the automotive sector, and at the epicenter of this progress is AI, reimagining safety, turbocharging efficiency,

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In the dynamic realm of technology, businesses must consistently outpace the competition and adapt to an ever-shifting environment, as progressive services emerge and evolve, becoming integral catalysts in driving regional innovation and upholding international best practices, exemplifying the potential to revolutionise industries and unleash unprecedented growth opportunities.

In fact, technology has transformed the business landscape, empowering smaller operations to compete on equal footing. These enterprises are carving out competitive advantages in today’s dynamic economy by harnessing diverse technological tools, from servers to mobile devices. Business owners must integrate technology into their strategic planning, allowing seamless adoption and future growth.

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Carasti, a UAE-based car subscription platform, is now offering a “mini lease” option, where a user can order a brand new car for 12-to-24-month lease, with no paper contracts and home-delivered, using just the Carasti app. The company has raised a US$ 3 million Pre-Series A funding round to fuel their expansion with further such offerings.

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Car shopping is probably one of the most stressful activities you’ll ever undertake, thanks to the amount of money involved and the utter disdain for customers at most car dealerships. Add the generational shift towards app-based on-demand and subscription services for everything from hailing a taxi to watching TV shows, the urge to actually own a car for mobility is diminishing among certain sections of young affluent consumers. As a logical progression, now there are even car subscription services where you can sign up to use a car for a month using your smartphone, pay a monthly fee with all service and maintenance included without being locked into a multi-year lease,

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