Subscription-based ownership program to launch from Q1 2019 for Hyundai Creta and other models, initially to be available in six cities
Are you planning to buy a Hyundai Creta? Well, you can now subscribe it instead of shedding a hefty amount to buy the car. Yes, Hyundai has brought the program for you.
Subscription-based ownership program for cars is becoming a high trend in the Indian market. Hyundai becomes the latest automaker to enter the fray. It has joined hands with Revv to offer subscription-based ownership program in India. Models like Hyundai Creta, Hyundai Elite i20, Hyundai Grand i10 are available for monthly subscription under this program.
Also Read: Upcoming Hyundai Cars in India 2019-2020
This subscription-based ownership will allow the customers to own a Hyundai car for a certain period without buying the car. This is meant to save money and give the feel of ownership as well. The subscription-based ownership will be available in six cities across India at the initial phase. These cities include Delhi-NCR, Mumbai, Kolkata, Pune, Hyderabad and Bengaluru.
The interested customers can opt for short or long term subscription plans. They can swap across the entire Hyundai portfolio available in India. No down payment is needed to subscribe the desired Hyundai car. Also, the subscribed car will be a completely new one. This will give buyers the same feeling as owning a personal car.
Also Read: Upcoming Tata cars in India 2019-2020
The customers can go for a one-year subscription or more. The short-term subscription plans don’t come with an option for no insurance. Interestingly, there won’t be any waiting period for the buyers of the plan. In the last couple of months, we have seen different brands like Skoda and Toyota focusing on similar subscription-based ownership programs. Nissan too launched the program for its Kicks SUV. The MG Motor brand has already confirmed offering the subscription plan to its customers. So far, this is the new trend in the Indian car market after shared mobility.