Carmakers turn to subscription programmes to draw in buyers

Carmakers turn to subscription programmes to draw in buyers

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M&M is giving lease rentals of Rs 31,402 on the petrol version of its SUV XUV300 in Bengaluru for a period of two years.

Synopsis

Maruti Suzuki is offering its Vitara Brezza VXI sport utility vehicle variant – whose on-road price is Rs 9.65 lakh — at a monthly subscription of Rs 23,636 to Rs 27,611 in Gurugram for 24-48 months, while its Swift hatchback model comes with a starting subscription price of Rs 14,500.

New Delhi: Leading automobile manufacturers in India – including Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra (M&M) and Toyota Kirloskar Motor — are extending zero down-payment vehicle leasing options to customers, as they look to shore up volumes in a downbeat market.Passenger vehicle sales in India are estimated to have declined by 34% in the six months to September, compelling carmakers to look at new ways of stimulating

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