Mahindra launches car subscription service

Mahindra has launched a car subscription service in partnership with Revv. It will enable private buyers to use Mahindra vehicles without having to own one.

Subscription options are available on the KUV100, TUV300, XUV300, Scorpio, XUV500, Marazzo and Alturas G4. Depending on the model and variant, prices start at Rs. 19,720 per month, which includes insurance and maintenance charges. The vehicles will be available for a period of 1-4 years.

Customers need to pay a refundable deposit based on the model and the usage period. The vehicle will be delivered within a period of 1 month. The first month's fee has to be paid in advance, prior to delivery. When the minimum subscription period is over, the person can return the vehicle or can purchase it from the company at a pre-determined charge.

Customers are not required to pay an initial downpayment as is the case with purchasing a new vehicle. Customers can upgrade the model from time to time.

In the first phase, Mahindra's subscription service will be available Delhi (NCR), Mumbai, Pune, Bangalore, Hyderabad, Kolkata, Chandigarh and Ahmedabad.