How India’s Car Market is Changing Rapidly due to Car Subscriptions Services?
In the last 10 years, a lot has changed in the car market in India. A decade ago, there was a craze among people to buy cars. Having a car was also considered a status symbol. However, the perception has slowly changed over time. The hassle of car maintenance, insurance and tax etc. is something that the millennials do not have time for. In such a situation, buying a car does not really sound very attractive but one definitely needs a vehicle for the ease of movement in and around the city. Thus, for an optimum solution, many people these days are opting for a car subscription in India.
Car subscription has changed the way the auto industry worked earlier. People are now less into buying a car and using it all their life, and more into subscribing to a car and use it for the length of time, they want to use it. Before delving deeper, let’s discuss what a car subscription is.
Car Subscription Services in India
A car subscription is a business model in which you can take a subscription for a particular car for a term. There is the flexibility of returning the car before the expiration of the period, and also you can extend the term if you like the business model and want to continue with it. You can also switch to a different model and brand of the car if you wish to. There is absolutely no down payment and no need of taking any loan when you are subscribing to a car. All that you need to do is to pay the subscription fee every month. The maintenance, insurance claims, and road-tax are covered under the monthly fees.
If you are taking the car subscription from Revv, you will not need to take the car for servicing. Staff from Revv will pick-up the car from your doorstep and once the servicing is over, they will deliver the car back at your doorstep. The minimum car subscription fee at Revv is INR 10,499. The fee however changes with the model and brand of the car. If you want to take a car subscription for an SUV, the charges will of course be higher compared to a compact hatchback.
Revv Car Subscription Services in India
The car subscription services from Revv are getting widely accepted by the people in various metropolitan and tier two cities in India. The cities where the services of this car subscription company are available including Delhi-NCR, Bangalore, Chandigarh, Hyderabad, Mumbai, Chennai, Pune, Kolkata, Mangalore, Ahmedabad, Jaipur, Mysore, Tirupati, Kochi, Surat, Coimbatore, Trivandrum, Vijayawada, and Vizag. The brands that you will get here are Mahindra, Hyundai, Toyota, etc. From sedan to hatchback, and even SUV/MUV, you will get everything here at Revv.
To choose a car subscription from Revv, you have to follow just a few steps, which include:
- You can visit the website or app of Revv and check all the cars that are listed on the website. Once you find the car that you prefer, you can reserve it online.
- The staff will then call you to understand your choice and requirement. They will also give you all the information that you may need later.
- The company ensures a thorough check, deep cleaning, and proper sanitizing of the car before it is delivered. The process takes around 10-14 days.
- Once the car is ready, it will be delivered to your doorstep. The staff who will deliver the car at your doorstep will wear PPE, and because of the ongoing pandemic, Covid-19, they may even make it a contactless delivery.
Once every month, the staff from Revv will pick up the car from your doorstep and deliver it back to your address as the servicing is done. It will save a lot of your time as you do not have to take the car for servicing on your own. Another thing that will keep you free from a lot of worries is the inclusion of insurance claims and road-tax.
With Revv, you will get options of two types of cars; brand new cars and unboxed cars. If you choose a brand new car; Revv will order it especially for you. Therefore, the minimum period of subscribing to it is 12 months. This is going to be the car that is completely your choice. On the other hand, an unboxed car is a used car that is not more than 2 years old. The availability of a particular make and model of the unboxed car depends much on the availability of the car at a particular time in the city. The fee range of cars also changes as per the cities. The least subscription term for an unboxed car is one month. You can extend the term for any of the types of these cars as per your convenience.
Revv at present is one of the most trusted car subscription companies in India. They take all the precautionary measures that are needed at the time of the pandemic. When they deliver the car to your doorstep, they sanitize it in the best possible way; thus, you do not need to worry about who used the car before your booking.
To make the payment smoother, they will set up an automation debit mechanism in your bank account, which will be there till the time you use the car. Once the term is over, they will remove the automation debit mechanism. You will be required to sign a few documents, including the user agreement, before you take the delivery of the car.