Maruti Suzuki Subscribe expanded to Mumbai, Chennai, Ahmedabad and Gandhinagar
Maruti Suzuki's subscription service, Maruti Suzuki Subscribe, has now been expanded to include four more cities - Mumbai, Chennai, Ahmedabad and Gandhinagar. The car leasing service from India's largest carmaker was first launched in July 2020 with Bengaluru and Gurugram as the only two markets. This was later expanded to include Pune and Hyderabad.
Maruti Suzuki is offering this service in collaboration with car leasing platform Orix. To be eligible for Maruti Suzuki Subscribe, customers need to be over 25 years old, be a resident of India, own a driver's license and have a CIBIL score of over 700.
Under this program, individuals will be able to lease a car for a fixed tenure of 12, 18, 24, 30, 36, 42 or 48 months(city dependent). Both white plate and black plate registration options are available. The black plate car will be registered to Orix and be available for all the mentioned tenures. The white plate car, on the other hand will be registered to the user and be available in 24, 36 or 48 month tenures.
Customers need to only pay a monthly fee. This includes the cost of using the vehicle, maintenance and other services related to the car. Also, insurance, road-side assistance and other facilities are managed by the leasing partner.
Customers can walk into an Arena or Nexa outlet, choose the car they wish to lease and the tenure. After this, they will have to submit their documents for credit approval. The initial payment includes a security deposit, a subscription booking amount and an advance subscription fee. This will be followed by a single monthly subscription fee. The cars offered in this plan are new, customers also have a choice of colour and receive delivery of their vehicle in 15 days.
Both Arena and Nexa cars are on offer. The Arena line-up includes the mid and top variants of the Swift, Dzire, Ertiga and Vitara Brezza. Prices start at Rs 15,368 per month for a 48-month lease on the Swift Lxi MT. From the Nexa range of cars, the Baleno, Ciaz and XL6 are on offer in manual and automatic options. Prices start from Rs 16,610 per month for the Baleno Sigma MT. Prices for Mumbai.