This Is The Amount The First Unit Of Mahindra Thar Roxx 5 Door Was...
- Sep 20, 2024
- Views : 2585
With the rise of ride share apps like Ola, Uber as well subscription apps like Revv and Zoomcar, it is clear that owning a car as we know it is no longer the norm. In line with the changing times, homegrown carmaker Mahindra has introduced its own unique subscription-based ownership service for retail customers. This initiative in partnership with Revv is available for retail customers in Delhi (NCR), Mumbai, Pune, Bangalore, Hyderabad, Kolkata, Chandigarh, and Ahmedabad in the first phase.
Not to be confused with Mahindra’s leasing plans, the subscription plans start at Rs 19,720 per month depending on the model, which is inclusive of insurance and routine maintenance charges. Some of the benefits include zero down payments, no road tax, zero risk on the resale value of the vehicle, and a fixed amount that includes routine maintenance costs. Customers can select from a range of Mahindra vehicles like the KUV100, TUV300, XUV300, Scorpio, Marazzo, XUV500 and the Alturas G4.
To become eligible for subscribing to a car, customers will need to share certain personal details as well as pay a refundable deposit based on the model chosen and the usage period selected. The usage period ranges from one to four years in the case of a new car. The vehicle is then ordered by the company and delivered within one month, with the first month’s advance fee needed to be paid prior to delivery. The fees continue until the duration of the subscription.
And finally, once the minimum subscription period is over, the customer can choose to return the vehicle and select a new vehicle or buy it from the company at a predetermined price. With the current automotive slowdown and rising costs, Mahindra has joined the ever rising car-rental segment to sustain sales and give its customers a variety of options while deciding on a vehicle.
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