- The e-scooters can be leased for a duration ranging from 13 months to 3 years
- Monthly rental plans begin at Rs 3,977 for the Ather 340 and Rs 4,220 for the Ather 450
- Provision for purchasing the e-scooter at the end of the leasing program
In order to make their products more accessible, Ather Energy has introduced a new leasing program for its Ather 340 and the Ather 450 e-scooters. Interested buyers can now rent an Ather e-scooter by depositing a refundable amount followed by paying a monthly or quarterly rent to the company. The package covers the company’s service subscription and the charging cable to recharge the lithium-ion battery. The Ather 450 gets an additional home charging point as well.
The minimum deposit amount for the Ather 340 starts at Rs 30,000, and goes up to Rs 65,000 while for the Ather 450 it begins at Rs 40,000 before peaking at Rs 75,000. The rent duration ranges between 13 months to 3 years (36 months) for both scooters. At the end of the lease program, customers can avail a refund for the deposited amount or purchase the scooter at an additional amount of Rs 15,000 to Rs 45,000, depending on the deposit and rent programme.
While the leasing initiative is a much welcomed move, Ather’s e-scooter services are currently limited to Bengaluru only. However, the company is working towards increasing its presence in other metro cities like Chennai, Hyderabad and Pune as a part of the second phase of its expansion plan.