Volkswagen Passenger Cars India on September 9 announced the rollout of its subscription-based car ownership model, in association with ORIX, an omni-channel mobility solutions provider.
Under Phase-I, the subscription-based service will be available at 30 outlets across Delhi-NCR, Mumbai, Pune, Ahmedabad, Bengaluru Chennai, and Hyderabad.
According to a press release, ORIX Auto Infrastructure Services (OAIS), in association with Volkswagen India, will provide its customers 100 per cent on-road financing, periodic maintenance, insurance cover and an option to upgrade or return the car at the convenience of the customer. Customers can opt for a Polo, Vento or T-Roc, which will be available in 24, 36 and 48 months tenure, said the release.
Commenting on the announcement, Mr. Ashish Gupta, Brand Director, Volkswagen Passenger Cars India, said, “Car subscription is gaining popularity, especially amongst the urban young middle class, looking for a convenient ownership experience. Catering to the needs of this customer segment, we are pleased to extend our partnership with ORIX, and enhance our leasing and subscription platform, that will focus on providing accessibility and a peace of mind ownership experience to our prospective customers.”
Mr. Sandeep Gambhir, Managing Director and Chief Executive Officer, OAIS, said that “We are excited to partner with Volkswagen and bring newer options to prospective customers and offer them a whole new range of possibilities that would enable them to own, drive and experience premium products by Volkswagen.”