Monthly rental plans for VW’s India lineup start at Rs 16,500 – Technology News, Firstpost
Tech2 News StaffSep 10, 2021 3:21:18 PM IST
Following in the footsteps of several other automakers, German automaker Volkswagen has launched its own model of subscription car ownership, partnering with mobility services specialist Orix. As part of the subscription model, customers can choose to “subscribe” to the Polo hatchback, Vento mid-size sedan, or T-Roc SUV, for a period of 24, 36 or 48 months. Monthly rentals for the Volkswagen Polo start at Rs 16,500 and Rs 27,000 for Vento, while the T-roc SUV can be rented for Rs 59,000 per month.
The subscription ownership model will be available at 30 Volkswagen outlets in Delhi-NCR, Mumbai, Pune, Ahmedabad, Bangalore, Chennai and Hyderabad during Phase I introduction. Orix will provide its customers with 100% on-road financing, periodic maintenance, insurance coverage and an option to upgrade or return the car.
“The car subscription is growing in popularity, especially among the young urban middle class looking for a convenient ownership experience,” said Ashish Gupta, brand manager, Volkswagen Passenger Cars India.
“To meet the needs of this customer segment, we have extended our partnership with Orix and improved our rental and subscription platform, which will focus on accessibility and peace of mind for our potential customers,” added Gupta.