This leasing service is aimed towards individual buyers
It has been launched as a pilot programme in Gurugram and Bengaluru
There are a variety of Maruti Suzuki Arena and Nexa cars available with flexible tenures
Maruti Suzuki Subscribe is a new car leasing service that has just been launched in partnership with Orix. The service is part of a pilot programme rolled out in Gurugram and Bengaluru. This new leasing service differs from Maruti’s previous leasing schemes as it is aimed towards individual customers, and not corporate clients.
What exactly is Maruti Suzuki Subscribe?
In short, this new service allows individual car buyers the ability to choose from a variety of Maruti Suzuki cars - including the variant of choice - for leasing. The carmaker is offering flexible lease tenure options such as 24, 36 and 48 months. Customers can extend the lease tenure if required by sending in a written request 30 days before the ongoing tenure ends.
Once the tenure is decided, customers have to pay the pre-determined monthly amount with no additional maintenance, service costs or down payment required. Customers also get access to 24x7 roadside assistance with their monthly payment.
How do you use Maruti Suzuki Subscribe?
Like with any other subscription/leasing service, you have to select the model and variant of the desired car, choose the tenure and fill up the required forms. Once the application is approved, the chosen vehicle should be available within 15 days of the booking, depending on availability. Once you have taken delivery, all post-sales operations like maintenance, service, insurance claims, etc. will be managed by the leasing partner, Orix.
Can you return the car before tenure is over?
There is a lock-in period that is applicable when leasing these cars. The lock-in period for the 24-month tenure is 12 months, 36-month tenure is 18 months and 48-month tenure is 24 months. If you wish to return the car before the lock-in period is over, you will have to pay for the remaining months of the period, plus three months’ cost. If you are returning the car after the lock-in period, then you will have to pay between 1-3 months’ worth.
What models are currently available via Maruti Suzuki Subscribe?
As things stand, the Arena network cars on offer are the Swift, Dzire, Vitara Brezza and Ertiga. While from the Nexa dealer network you can choose from the Baleno, Ciaz and XL6.
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