Maruti Suzuki now offers cars on lease to individuals

TusharK · 6th October 2022, 12:21

Maruti Suzuki Subscribe expands to 5 new cities

Maruti Suzuki has rolled out its Subscribe program in five new cities. With this, the carmaker now offers leasing options across 25 cities.

Customers in Chandigarh, Ludhiana, Lucknow, Nagpur and Vishakhapatnam will now be able to lease cars through Maruti Suzuki Subscribe. The carmaker has partnered with ALD Automotive and Quicklyz to offer these services in the 5 new cities.

Under the Subscribe program, customers can lease vehicles for a tenure of 12 to 48 months. The monthly subscription charges include the cost of the vehicle, registration charges, vehicle maintenance and service, insurance and roadside assistance.

Monthly rental plans start from Rs. 11,500 with zero down payment. Once the tenure is over, the customer has an option to upgrade to a new car or buy back the subscribed car.

Link to Team-BHP News

Venkatesh · 16th February 2023, 09:36

Maruti Suzuki Subscribe adds SMAS Auto Leasing as their 5th partner.

Press Release

Maruti Suzuki now offers cars on lease to individuals-smartselect_20230216093555_drive.jpg

Maruti Suzuki now offers cars on lease to individuals-smartselect_20230216093613_drive.jpg

jaaz · 2nd March 2023, 16:24

Has anyone here taken the Cars with Maruti subscription? Looking at a small Automatic Car. Would like to check for the lowest period i.e. 12 months. The monthly fees are varying for the same priced car. And Black board charges are higher then White board, which should've been vice versa.

Do we get ITC benefit on small businesses?

riteshritesh · 21st March 2023, 17:10

Toyota also seems to have started ( or I may have seen it just now) Leasing with Kinto ( Leasing Partner I presume).
For the G Variant of Strong Hybrid Hyryder for 36 months, the lease amount per month is Rs 50,000/- odd. How is this economical?For Outright purchase the on road cost is Rs 22 Lakhs and I may keep it for 6-7 years. I will be buying in company name and on Finance.
Can someone explain which option is beneficial.

With regards to closing the lease after 3 years ( or whatever period one has chosen), what condition do the companies expect the car in? Usage sign are going to be there with nicks and dents. I suppose they will raise a bill for repaint with interior cleaning services at OEM rates when we return the car. How does it work for Returning after lease?

6th October 2022, 12:21	#16
TusharK Senior - BHPian Join Date: Jul 2017 Location: Pune Posts: 6,250 Thanked: 55,623 Times	Re: Maruti Suzuki now offers cars on lease to individuals Maruti Suzuki Subscribe expands to 5 new cities Maruti Suzuki has rolled out its Subscribe program in five new cities. With this, the carmaker now offers leasing options across 25 cities. Customers in Chandigarh, Ludhiana, Lucknow, Nagpur and Vishakhapatnam will now be able to lease cars through Maruti Suzuki Subscribe. The carmaker has partnered with ALD Automotive and Quicklyz to offer these services in the 5 new cities. Under the Subscribe program, customers can lease vehicles for a tenure of 12 to 48 months. The monthly subscription charges include the cost of the vehicle, registration charges, vehicle maintenance and service, insurance and roadside assistance. Monthly rental plans start from Rs. 11,500 with zero down payment. Once the tenure is over, the customer has an option to upgrade to a new car or buy back the subscribed car. Link to Team-BHP News Last edited by TusharK : 6th October 2022 at 12:29.
	(2) Thanks

16th February 2023, 09:36	#17
Venkatesh Senior - BHPian Join Date: Feb 2020 Location: Hyderabad Posts: 8,269 Thanked: 43,721 Times	Re: Maruti Suzuki now offers cars on lease to individuals Maruti Suzuki Subscribe adds SMAS Auto Leasing as their 5th partner. Press Release
	(1) Thanks

2nd March 2023, 16:24	#18
jaaz BHPian Join Date: Jul 2009 Location: Earth Posts: 661 Thanked: 636 Times	Re: Maruti Suzuki now offers cars on lease to individuals Has anyone here taken the Cars with Maruti subscription? Looking at a small Automatic Car. Would like to check for the lowest period i.e. 12 months. The monthly fees are varying for the same priced car. And Black board charges are higher then White board, which should've been vice versa. Do we get ITC benefit on small businesses?
	() Thanks

21st March 2023, 17:10	#19
riteshritesh BHPian Join Date: Aug 2009 Location: Mumbai Posts: 551 Thanked: 705 Times	Re: Maruti Suzuki now offers cars on lease to individuals Toyota also seems to have started ( or I may have seen it just now) Leasing with Kinto ( Leasing Partner I presume). For the G Variant of Strong Hybrid Hyryder for 36 months, the lease amount per month is Rs 50,000/- odd. How is this economical?For Outright purchase the on road cost is Rs 22 Lakhs and I may keep it for 6-7 years. I will be buying in company name and on Finance. Can someone explain which option is beneficial. With regards to closing the lease after 3 years ( or whatever period one has chosen), what condition do the companies expect the car in? Usage sign are going to be there with nicks and dents. I suppose they will raise a bill for repaint with interior cleaning services at OEM rates when we return the car. How does it work for Returning after lease?
	() Thanks