Maruti Suzuki has expanded its subscription-based ownership scheme which is essentially an easy and flexible car leasing program without actually owning it and by paying a monthly fee. Now the residents of Delhi, Noida, Faridabad, and Ghaziabad can also avail of this service. Earlier, the scheme was only available in Bangalore, Hyderabad, Pune, and Gurgaon. The company is aiming to offer the subscription program in 40-60 cities in the upcoming 2-3 years.
For this subscription-based ownership model, Maruti has collaborated with ORIX Auto Infrastructure Services India which is basically a subsidiary of ORIX Corporation, Japan. Under this program, customers get the choice to bring their favorite Maruti car home by subscribing it from a minimum of 12 months' tenure to a maximum of 48 months, as per their preference. The monthly installments also cover complete maintenance, zero dep insurance, registration charges, and 24×7 roadside assistance. However, the brand won't be responsible for the operating cost of the vehicle.
Which Maruti cars are available on the subscription-basis?
Consumers can opt to subscribe to a new Swift, Dzire, Vitara Brezza, and Ertiga from the Maruti Suzuki ARENA family and a new Baleno, Ciaz, and XL6 from NEXA premium offerings. However, only selected variants are available under this scheme.
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Subscription rates
Subscription rates depend on a number of parameters-
- The place where the services will be availed.
- The variant of the car chosen and also the model of the car that you have opted for.
- The time period for which you want to avail of the benefits of subscription-based ownership.
- Registration type:- As per customer choice, Maruti offers the car in white number plate (registered in the name of the customer) or black number plate (registered in the name of Orix).
For instance, customers will have to pay a monthly fee as low as starting Rs 14,463/- (including taxes) for Swift Lxi in Delhi for a tenure of 48 months. The amount is different for other models. After the completion of subscription tenure, the buyer can also opt to upgrade the vehicle, extend, or buy the car at market price. If you are willing to get more information regarding this, you may head over to the official website.