Piaggio India has announced an attractive leasing scheme for its Vespa and Aprilia range of scooters.

• Available for customers in Pune and Bengaluru only
• Vespa and Aprilia scooters are available at Low down payment and EMI options 
• Customers can return or upgrade the scooter at the end of the tenure.

Piaggio has joined hands with OTO Capital, a vehicle finance and loan company, to roll out its new leasing option for Aprilia and Vespa range of scooters. The application process is quick and easy, and can be done using the OTO mobile app. As of now, the scheme is only available for customers in Pune and Bengaluru.

As per the leasing scheme, customers can enjoy the benefits of a low down payment, with 30 per cent off on EMI. In addition, customers can also get up to Rs 2,500 waived off on the first month's subscription fees.

The benefit of the leasing is that customers need to only pay monthly for the duration they want to keep the scooter and return the scooter at any time. Moreover, customers can also upgrade to a higher spec Vespa or Aprilia, within the same EMI range. In addition, customers can also choose to own the scooter at the end of the tenure by paying a set amount.

Speaking about the new leasing scheme for Aprilia and Vespa customers, Diego Graffi, Chairman and MD, Piaggio India said, “We welcome the partnership with OTO Capital to facilitate this new model of ownership. Now, our discerning customers can enjoy interesting ownership options across our premium offerings of Vespa and Aprilia. We see flexible ownership to be a desirable new trend amongst the youth of India and we believe, Vespa and Aprilia would lead it to extend the premium experience to the aspirants."

The new leasing option will make it easier for people to consider a Vespa or Aprilia scooter, especially since these are among the most expensive scooters on sale in India.