Escar Fleet Leasing

Escar Filo Kiralama Hizmetleri A.S. is a company operating in long-term vehicle leasing and fleet management. Formerly named Escar Turizm Tasimacilik, the company has its shares traded on Borsa Istanbul under the ticker ESCAR. ESCAR stock is followed among shares representing the operational leasing sector.

The company leases passenger cars and light commercial vehicles to corporate clients under annual and monthly contracts, including services such as maintenance, repair, insurance and claims management in the rental fee. Vehicles whose lease terms have ended are sold as used cars; used-car sales are a complementary part of the company's income structure. The client portfolio consists of companies from various sectors, and contracts typically run for several years.

For fleet leasing companies, new vehicle prices and special consumption tax (OTV) regulations, used-car prices, financing costs, the fleet utilisation rate and contract renewal performance are decisive. On Lzzo.com you can find the price history and technical indicators of ESCAR.