If “subscribing to a car” sounds unfamiliar to you, don’t worry. It’s a fairly new concept, and that’s why only the smartest and snazziest of people have tried it 😋😎
If you want to know more too, we’ve answered the ten most commonly asked questions about car subscriptions to help you decide if The Car Subscription Life is for you:
1.What is a car subscription?
For those new to the concept, subscribing to a car is quite simply the smartest, the most convenient and most economical way to own one. When you subscribe to a car of a make, model, and colour that of your choice the car is delivered to you registered in your name as a personal private vehicle (read: a white number plate when you subscribe on Quiklyz). The car is yours to drive for the duration of the subscription, at the end of which you can
(i) return it (ii) buy it (iii) upgrade to a new model or (iv) extend your subscription.
You pay a monthly fee for your use of the car, which covers additional ownership costs like maintenance, taxes and insurance.
2.How much do I pay for a car subscription?
How much you pay for your car subscription depends on the car you choose and how long you are subscribing for. Bigger, more expensive cars cost more to subscribe to than smaller, cheaper cars, and monthly payments are typically lesser the longer your subscription period. All you need to pay is a nominal security deposit upfront, followed by fixed monthly payments for the duration of your subscription.
3.Are there limits on how much I can drive a subscribed car?
Your car subscription covers a certain number of kilometres driven per year. This is because the subscription cost is based on a predetermined amount of wear-and-tear, which is directly related to the number of kilometres driven. On average, a private car travels between 800- 1200 kms per month so you will most likely not face any issues. However, with Quiklyz subscriptions, unused kilometres roll forward to the next year 😁. Additional kilometres, at the end of your subscription, are charged at a nominal, predetermined rate to offset the additional wear-and-tear they might have caused.
4.What do I do when my subscription is over?
When your subscription ends, you have four options: you can return the car to us at Quiklyz, you can extend your subscription if you need it for longer, you can seal the deal and buy the car, or you can compare cars and upgrade to a better car.
5.How long can I subscribe to a car for?
Different subscription platforms offer subscriptions of different durations. At Quiklyz, we offer subscriptions of 24, 36 and 48 months.
6.What documentation do I need to subscribe to a car?
We love answering this question because of how simple the answer is 💙 To subscribe to a new car, all you need is a handful of readily available documents: identification and residence proof like an AADHAAR card, PAN card, or passport, income proof, and a valid driver’s licence.
7.Can I choose the car I want to subscribe to?
Yes, absolutely! At Quiklyz, subscribers can choose from a variety of hatchbacks, sedans, SUVs, crossovers, and electric vehicles from a range of manufactures in every imaginable make and model and in every available colour. If you’re confused between 2 or even 4 cars, you can compare cars based on their specs, features and reviews! Oh, and whatever car you choose, you will receive a brand-new car! ✨
8.Can I end my subscription early?
Of course! Car subscriptions are meant to provide flexibility and a hassle-free car ownership experience, which is why you have the option of ending your subscription early for whatever reason. Depending on the tenure of usage, however, you might incur some early termination fees.
9.What is covered by my monthly subscription fee?
Depending on the package you choose, your monthly subscription fee will cover some combination of the registration costs, the option to buy the car out at the end of the subscription tenure at the least; the car, its registration, insurance, maintenance, pick-up and drop facility, upgrade facility, replacement car in case of an accident or breakdown, and roadside assistance at the most.
10.Are there restrictions on where I can take my car?
Hey, this car is yours and you are free to drive it anywhere within the national borders of India. The only catch is that the car cannot be permanently moved to a state that is not its state of registration. The subscribed car has to be returned within the same state it was subscribed in.
We hope these ten answers help you understand the basics of car subscription better and see it for the wonderful thing it is. At Quiklyz, we’re also innovating constantly to add even more exciting features to make your subscription experience easier and more satisfying. If you have any more questions, feel free to browse through our FAQs section; we’re sure you shall find what you seek. 🔮
