Kia India introduces 'Kia Subscribe' for flexible ownership

ETAuto Desk ETAuto Desk | 08-31 00:20

Minimum monthly lease rentals under the Kia program are as follows: Sonet at INR 17,999, Seltos at INR 23,999, Carens at INR 24,999, and EV6 at INR 1,29,000.
Kia India has announced the launch of 'Kia Subscribe', a new flexible ownership plan, expanding its leasing and subscription services to 14 major cities. The company has signed an MoU with ALD Automotive Pvt Ltd to support this initiative. This new plan, announced today, caters to salaried and self-employed individuals looking for short-term lease options from 12 to 36 months without long-term commitments.

Kia India launched the 'Kia Lease' program three months ago, targeting B2B clients, corporates, and MSMEs with prolonged mobility needs. This plan offers lease terms ranging from 24 to 60 months with different mileage options. Hardeep Singh Brar, Senior Vice-President, Sales & Marketing at Kia India, commented on the initiative's impact and future prospects.

Minimum monthly lease rentals under the Kia program are as follows: Sonet at INR 17,999, Seltos at INR 23,999, Carens at INR 24,999, and EV6 at INR 1,29,000. These initiatives make vehicle ownership easier and more convenient, aligning with Kia's goal to innovate in the car ownership experience in India.

"The 1st phase of our flexible ownership program ‘Kia Lease’ has received an overwhelming response from the customers, as it is designed to meet evolving needs and revolutionise the car ownership experience in India. With the growth prospects of leasing business from 1% to 3% in near future, we want to be the driving force behind it and delivering the best ownership experience to our customers. With Kia Subscribe, we have ensured that we make hassle-free premium mobility solutions accessible to all,” said Brar.

Partnerships

Kia's partnership with ALD Automotive expands these services to cities including Delhi, Noida, Ghaziabad, Faridabad, Gurgaon, Mumbai, Pune, Ahmedabad, Indore, Bangalore, Chennai, Hyderabad, Kolkata, and Jaipur. The 'Kia Subscribe' plan is designed to offer flexibility and convenience, making it ideal for individuals who prefer short-term commitment.

Earlier this year, Kia partnered with ORIX Auto Infrastructure Services Limited to roll out the Kia Lease program in major cities such as Delhi-NCR, Mumbai, Hyderabad, Chennai, Bengaluru, and Pune. This program was aimed at providing greater flexibility, enabling customers to acquire vehicles without any down payment, with added benefits like maintenance coverage, insurance handling, and relief from resale concerns.

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.


ALSO READ

Hyundai Motor India lists with record IPO, commits to Indian market with new tech and EV plans

As part of its effort to introduce clean mobility solutions for Indian buyers, Hyundai will launch f...

auto | 5 hours ago

Skoda Auto Volkswagen India plants over 7 lakh trees in Maharashtra for ecological restoration

Additionally, SAVWIPL has installed 18.5 MWp of rooftop solar power at its Chakan facility, which of...

auto | 5 hours ago

Mega Corporation launches Lendingo to enhance EV financing solutions

Mega Corporation on Monday announced the launch of a new division, Lendingo. Mega Corporation on Mon...

auto | 5 hours ago

GreenLine accelerates decarbonisation efforts with 1,000 LNG trucks by March 2025

The government in a recent draft policy proposed to convert a third of long-haul trucks into LNG pow...

auto | 5 hours ago

Remsons Industries acquires 51% stake in BEE Lighting to enhance automotive lighting solutions

Established in 2006, BEE Lighting specialises in automotive headlamps, rear lamps, and various exter...

auto | 5 hours ago

EV Recharge partners with ZEVO for mobile EV charging solutions

EV Recharge’s technology can charge vehicles from 0% to 80% in just 20 minutes, a significant improv...

auto | 5 hours ago