The Banque Internationale à Luxembourg (BIL) has announced that it is teaming up with ALD Automotive Luxembourg to launch BIL Private Lease, its fully digital car leasing service.
This innovative solution will allow BIL clients to choose a vehicle and sign their lease agreement via the BIL Private Lease platform. The new platform enables clients of the bank who live in Luxembourg to conclude an operating lease agreement for a wide selection of customisable vehicles. This allows individuals to lease a brand new vehicle for a specified duration and mileage. All services relating to the vehicle, such as insurance and maintenance costs, are included in the monthly payment.
After registering on the digital platform and making their customised choice, the user will need to submit the administrative and financial documents to enable ALD to analyse their leasing application. If the application is accepted, the user will receive a lease agreement proposal in their personal area on the platform, which they will be able to sign electronically.
Alessandra Simonelli, Head of Customer Journey and Client Centricity at BIL, explained: “The new fully digital leasing service we offer in collaboration with ALD is BIL’s response to shifting consumer behaviour, where the internet is now the primary source of information when it comes to choosing your car. With an operating lease, clients can enjoy the benefits of a new car without any of the constraints and at an affordable cost".
According to Dominique Roger, Managing Director of ALD Automotive Luxembourg, “private leasing is a modern alternative to traditional financing options. By teaming up with a leading banking partner in Luxembourg, we are closing the gap between our services – which until now have been the preserve of the corporate sector – and the needs of retail clients".
For more information on BIL Private Lease, visit www.bil.com/bilprivatelease.