- Leasing plan currently available in Bangalore
- The company plans to expand to more cities by the end of this year
- Claimed to significantly reduce the cost of monthly payments
Ampere Vehicles has announced its partnership with OTO Capital to offer vehicle leasing plan. The leasing option will be available from 1 August 2020 exclusively in Bangalore. The company, however, plans extend the service to other cities like Pune, Hyderabad, Delhi, Chennai and Cochin by the end of this year.
Customers can get an electric two-wheeler through the lease rental program within 48 hours by going through the documentation process. Interested consumers can book their vehicles through the OTO Capital website or directly through the dealerships.
Ampere claims that the partnership with OTO Capital will significantly reduce the cost of monthly payments. An Ampere Zeal model, for example, which would cost Rs 3,020 using other financial means, will be available at an OMI (Ownership Monthly Installment) of Rs 2,220.
The company claims to have received a positive response as OTO Capital has observed a surge in the interest from buyers since the COVID-19 outbreak. Ampere Electric also claims that these e-scooters enable 90% savings as against conventional scooters.
