Friday, March 08, 2019

What is Hyundai Subscription ?

Hyundai Subscription is an entirely new way of getting a brand new car, without having to buy or own one. It is more flexible than traditional car ownership, and also more affordable. You can get a brand new car of your choice with zero downpayment and zero road tax.
The car will be ordered specifically for you. After completing a lock-in period of 12 months, you have the option to keep using it for as long as you want (till 48 months) at a flat monthly fee - you can opt-out anytime between the 12th and 48th month, and your monthly fee will stop getting billed.  And if you fall in love with your can and want to own it, you can acquire (buy) it from us at a pre-determined settlement charge. The minimum period of usage (i.e., the lock-in period) is 12 months. The maximum period is 48 months. At the end of 48 months, you need to either return or acquire the car. Please note that both the options (return or acquire) are available to you all the time between the 12th month and the 48th month. Hyundai Subscription will be operated by self-drive car-sharing firm Revv.The cities covered will be Delhi-NCR, Mumbai, Kolkata, Pune, Bengaluru and Hyderabad.

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