Tata Nexon EV
To subscribe you have to pay a monthly fee. After this, you can drive a car after filling the fuel.
Nexon EV can be rented under subscription scheme
Under the company’s subscription scheme, you can run Tata’s Nexon EV on rent. Its ex-showroom price in Delhi is Rs 13.99 lakhs, while the on-road price is around Rs 15.63 lakhs. The ex-showroom price of the top variant of Nexon EV is Rs 15.99 lakh.
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One can apply to take Nexon on subscription through the company’s online platform. For subscription, you have to pay token money of Rs 5,000. However, when the credit profile is cleared, the money in the token money gets deposited in the refundable security deposit. The company is providing this car at an initial rental of Rs 29500 per month. The company is offering subscription facility for one year, two years, months and three years.
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How does this car subscription plan work?
Apart from Tata, other companies are also providing cars through subscription. To take a subscription, you have to pay a monthly fee. After this, you can drive a car after filling the fuel. All other costs including maintenance, insurance will be taken care of by the leasing company and the OEM. This plan comes with several months of options. After the subscription is complete, customers can forward it. There is also an option to upgrade the car or buy the car at the market price or return it to the company.