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Kia India Expands Lease Options with New 'Kia Subscribe' Plan

Kia signs MoU with ALD Automotive to expand lease services to 14 cities and introduces 'Kia Subscribe' for short-term ownership.

Date: August 31, 2024

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Kia India Expands Lease Options with New 'Kia Subscribe' Plan

New Delhi- Kia India, a premium carmaker, has launched a new flexible ownership plan, 'Kia Subscribe,' and signed an MoU with ALD Automotive Pvt Ltd to expand its leasing and subscription services to 14 major cities across India. These cities include Delhi, Noida, Mumbai, Bangalore, and more.

Following the success of the Kia Lease program, which offers long-term plans, Kia has now introduced 'Kia Subscribe,' a short-term lease option ideal for salaried and self-employed individuals. This plan provides flexibility with tenures ranging from 12 to 36 months. Launched three months ago, Kia Lease is designed for B2B clients, corporates, and MSMEs with mobility needs spanning 24 to 60 months, offering various mileage options. 

The minimum monthly lease rentals for Kia vehicles start at INR 17,999 for the Sonet, INR 23,999 for the Seltos, and INR 24,999 for the Carens. For those interested in electric vehicles, the EV6 is available at a monthly lease rental of INR 1,29,000.

Mr. Hardeep Singh Brar, Sr. Vice-President, Sales & Marketing at Kia India, said, "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 revolutionize 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 behindit 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”.

Earlier this year, Kia partnered with ORIX Auto Infrastructure Services Limited to launch the Kia Lease program in major cities like Delhi-NCR, Mumbai, and Bengaluru. The program offers flexible vehicle acquisition with no down payment, along with benefits such as maintenance coverage, insurance handling, and freedom from resale worries, simplifying vehicle ownership.

Kia IndiaALD Automotive
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