Leasing service started for electric cars, options from budget to luxury cars

Mahindra Finance’s vehicle leasing and subscription brand Quiklyz says that the company will offer customers a wide range of Electric Vehicles (EV) for leasing and subscription. Quiklyz was launched in November last year, and this digital platform provides vehicles on subscription to both retail and corporate customers. Through this platform, you can subscribe and use the selected car without buying it. This does not waste time and expense on things like customer registration, insurance, maintenance.

Quiklyz said it currently has the largest portfolio of EVs on the subscription platform, which includes e-three and four-wheelers from OEMs such as Mahindra, Tata Motors, Mercedes-Benz, MG Motors, Audi, Jaguar, Piaggio.

Quiklyz further said that the company also plans to add a few more EVs to its portfolio as it aims to provide its customers with a range of premium EV subscription products.

Depending on the platform, customers will have the facility to upgrade their vehicles in two to three years. With this, customers will be able to easily upgrade to new electric cars in the coming time.

The initial monthly subscription of this program is priced at Rs 21,399, in which electric four-wheeler will be available. There will be an initial subscription of Rs 13,549 per month for the electric three-wheeler. This includes insurance, maintenance and roadside assistance.

Suman Mishra, CEO, Mahindra Electric said, “Leasing and subscription are becoming important channels for our Electric 3W in the load segment especially for new age enterprises. We are committed to providing such solutions to our customers at Quiklyz. Will continue to work with you.”