Electric vehicles are relatively new for the Indian market hence you’ll find very few leasing companies that are dedicated to leasing EVs and even fewer when it comes to leasing electric 2-wheelers (Electric scooters and bikes). Ather 450X the most stylish and one of the highest-selling electric scooters in India can be leased on an easy monthly fee.
Also Read: Why EV leasing is better than petrol vehicle leasing.
Ather E-scooter Lease – Terms & Policies:
Here’s a brief on how electric scooter leasing works:
1. Selection:
- Start by choosing your desired scooter model. Zecat offers a range of options from basic to high-end models, each with different features and battery capacities.
2. Terms of Lease:
- Decide on the duration of your lease. Typical terms range from a few months to several years.
- Zecat also offers flexible leasing options that allow you to extend or terminate the lease early on easy terms (paying for paying charges).
3. Monthly Payments:
- You’ll pay a fixed monthly fee. This fee covers the scooter’s depreciation, maintenance, and even insurance.
- At the end of your lease term, you may have the option to purchase the scooter at a reduced price or return it and upgrade to a newer model.
Also Read: Future of EV leasing
4. Maintenance and Repairs:
- One of the perks of leasing is that maintenance is often included. If your scooter malfunctions or needs a tune-up, the leasing company typically handles it.
- Always check the terms to understand what’s covered and if there are any potential out-of-pocket expenses.
5. Insurance:
- Some leasing agreements might include insurance, while others require you to secure your own. Always verify insurance requirements before signing any lease.
6. End of Lease Options:
- At the end of your lease term, you usually have several options:
- Return the scooter and walk away.
- Purchase the scooter at a predetermined price.
- Renew the lease or upgrade to a newer model.
Ather Electric scooter leasing Cost:
At Zecat, we have 2 models for EV leasing and rental:
- Test the vehicle for 1 week: Here you can rent the EV from us and experience it for a whole week.
- Enjoy long-term leasing: Directly lease the Ather electric scooter from Zecat for several years by making easy monthly payments.
Here’s the price for experiencing and long-term leasing the Ather electric scooter:
Ather renting price:
- 450X Gen 3 2.9 kWh: ₹ 2000/month
- 450X Gen 3 3.7 kWh: ₹ 2100/month
- 450X Gen 3 X: ₹ 2200/month
- 450X Gen 3 2.9 kWh – Pro Pack: ₹ 2230/month
- 450X Gen 3 3.7 kWh – Pro Pack: ₹ 2370/month
Ather Electric scooter leasing cost:
- 450X Gen 3 2.9 kWh: ₹ 6000/month
- 450X Gen 3 3.7 kWh: ₹ 6300/month
- 450X Gen 3 X: ₹ 6600/month
- 450X Gen 3 2.9 kWh – Pro Pack: ₹ 6690/month
- 450X Gen 3 3.7 kWh – Pro Pack: ₹ 7110/month
After leasing or renting an EV from Zecat you can forget worrying about any other amenities like insurance, maintenance, depreciation, resell value, etc. Just enjoy your EV with the peace of your mind.
Ather 450X Review:
Perks of EV leasing from Zecat:
In simple terms, these are the following services offered by Zecat.
- We offer 7 days of EV experience, intended to give users a first-hand experience of the EV and check the user-scooter compatibility for long-term ownership. (This is a paid service)
- Leasing services: After experiencing this, you can lease or buy the EV from us.
- Charging support: Zecat will install a dedicated smart EV charger at your desired location, which you can use for fast and slow charging.
- Servicing and Maintenance: Zecat will provide “free” doorstep maintenance and expert servicing for your electric vehicle.
- Fully Insured vehicles: The vehicle you’ll get will be fully insured, and you don’t have to spend a single penny on the vehicle’s insurance.
Benefits of EV Leasing:
- Lower upfront cost: Leasing eliminates the need for a large down payment, making EVs more accessible to a broader range of consumers. Especially in a price-sensitive market like India, leasing is the only savior of the future of electric vehicles. Leasing an EV can reduce monthly expenses by up to 20% compared to purchasing one.
- Flexibility: You’ve got one life; why commit it to one vehicle? Lease an EV and change your electric ride every year. Leasing can give you the option to change your ride every 2 years.
- 0% maintenance costs: EV leases typically include comprehensive maintenance packages, covering all repair and service costs during the lease term. This can significantly reduce financial burden and provide peace of mind.
- Tax Benefits: Buying an EV on a loan is considered luxury spending, and you are charged tax on your loan, but when you lease an EV, you get the tax benefits.
- Futureproofing: EV technology is rapidly evolving, with new battery breakthroughs and charging infrastructure developments happening frequently. By leasing, you can stay ahead of the curve and enjoy the latest technological advancements without incurring the high cost of upgrades.
Ather 450X Lease – FAQ’s
In order to avail a smooth and hassle free delivery Zecat requests you to provide the following documents: Aadhar Card, Pan Card, Bank Statement of at least 2 years, Address Proof, Salary Slip, Employment Letter, Income Tax Return – of at least 2 years.
You will be eligible to get the EV from Zecat if your monthly salary is 50,000 or more, or if you pass the credit evaluation process.
It can take 45-60 days for the brand new vehicle to reach your home.
Prebooking amount(adjustable), 1 month of refundable security, and 1 month of advanced rental is all it takes for you to experience the EV.
Zecat offers you the unique offer to take home the EV of your choice and experience it for 7 days to know the ins and outs of the vehicle and decide whether it is right for you or not. Basically, the extended 7 day EV experience will let you make an informed choice before you decide on whether to buy or lease the vehicle
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