Latest Car News in India

Monday, August 10, 2020

By Kamal Swami

Tata Motors Offer Nexon EV @ Monthly Subscription Of Rs. 41,000

Domestic carmaker Tata Motors has announced the availability of compact SUV Nexon at the monthly subscription of Rs. 41,000/- per month. According to recent reports, the customers willing to buy the compact SUV will be offered three options of monthly subscription consisting of 18 months, 24 months, and 36 months. The monthly EMI for these periods will be Rs. 47,900, Rs. 44,900, and RS. 41,900 respectively. At present, the subscription facility for Nexon EV will be offered in the five cities including Delhi/NCR, Mumbai, Bengaluru, Hyderabad, and Pune. The homegrown carmaker has entered a tie-up with Orix Auto Infrastructure Services Limited, known as one of the leading leasing companies in the country.
Tata Nexon EV Interior
Addressing the launch of the Tata Nexon EV subscription scheme, Mr. Shailesh Chandra, President, Passenger Vehicles Business Unit, Tata Motors said, “EVs are the future, and as the leader of this fast-growing segment, Tata Motors is committed to popularise their access and use in India. With this novel subscription model, we are making it more convenient for interested users of EVs to experience their myriad benefits. It is ideal for customers preferring ‘usership’ over ownership in the rapidly growing era of shared economy.”
To buy the new Nexon EV at the monthly subscription of their choice the customers need to apply online. The customers will be also offered additional benefits like on-call roadside assistance plus free maintenance followed by regular servicing and doorstep delivery, comprehensive insurance coverage, and many more. The customers can get the EV charger installed at their office or home according to their feasibility by paying an extra price for it.
Speaking about the subscription model, it has been optimized according to the requirements of the corporate houses which prefer to use vehicles for their official reasons, or the customers who are migrants due to their job responsibility and cannot move with their car to every new place they are transferred. Moving ahead by joining the hands with Orix Auto, the company provides an opportunity to customers for enjoying the pleasure of features offered in Nexon. After the completion of their subscription term, the customers can either extend their subscription plan or return the vehicle to their dealership.

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