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Okinawa ties up with OTO Capital; introduces leasing options for its e-scooters

16 September 2020, 02:00 PM Anuj Mishra
Okinawa ties up with OTO Capital; introduces leasing options for its e-scooters

- Okinawa and OTO Capital partnership announced

- Okinawa electric scooters available on lease now

- Minimum lease tenure stands at 12 months

After Piaggio, Hero Electric and Ampere partnered with OTO Capital recently, Okinawa has now joined hands with the automotive leasing company to offer online purchasing and leasing options to its customers. The electric scooters from Okinawa can now be bought online through lucrative leasing schemes.

The minimum tenure for the leasing program stands at 12 months while it can go up to 36 months. Interestingly, at the end of this tenure, the customers also have the option to upgrade to other Okinawa offerings or any other two-wheeler which belongs to one of the OTO’s partner brands. The leasing program is claimed to result in a monthly saving of up to 30 per cent as compared to the conventional bank loan due to lesser monthly installments. However, at the end of the lease tenure, if the customer wants to own the two-wheeler, they need to pay the difference amount which has not been covered in monthly payments. 

Okinawa Praise Left Rear Three Quarter

The collaboration also provides online purchasing options to the customers and saves them from visiting dealerships, which is risky in the current scenario created by the pandemic. Following the tie up, Okinawa will also introduce attractive online deals and discounts in the September-October period. Notably, the new leasing program for Okinawa scooters is available only in Bengaluru and Pune as of now and it will be expanded to other cities soon. 

Okinawa Praise

Avg. Ex-showroom price

₹ 81,262

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