Volkswagen today announced the roll out of its subscription-based car ownership model in India, in association with ORIX, an Omni Channel Mobility Solutions provider. Rentals start from INR 16,500 all-inclusive for Polo, INR 27,000 all-inclusive for Vento & INR 59,000 all-inclusive for T-Roc, with a tenure flexibility ranging from 24, 36 or 48 months. The monthly rentals will be inclusive of financing, maintenance and insurance supported by OAIS (ORIX Auto Infrastructure Services Ltd.)
Under Phase-I, the subscription-based service will be available at 30 outlets across Delhi NCR, Mumbai, Pune, Ahmedabad, Bangalore, Chennai, and Hyderabad. Through this offering, OAIS in association with Volkswagen India will provide its customers 100% on-road financing, periodic maintenance, insurance cover and an option to upgrade or return the car at the convenience of the customer. Customers can opt for a Polo, Vento or T-Roc, which will be available in 24, 36 and 48 months tenure.
The brand had introduced Power Lease program in association with ORIX in 2019, and have further enhanced their partnership with the introduction of this offering, giving customers an option to experience a Volkswagen.
Commenting on the announcement, Mr. Ashish Gupta, Brand Director, Volkswagen Passenger Cars India said, “Car subscription is gaining popularity, especially amongst the urban young middle class, looking for a convenient ownership experience. Catering to the needs of this customer segment, we are pleased to extend our partnership with ORIX, and enhance our leasing and subscription platform, that will focus on providing accessibility and a peace of mind ownership experience to our prospective customers.”