- The company currently has a 99 percent of renewal rate for its subscription plans
- The one-month subscription offer will be available to the people living in Delhi NCR, Mumbai, and Bangalore.
- The Subscription plans starting at Rs. 25,550 with immediate delivery of cars
India, 6th October, 2022: Myles, India’s leading mobility company that provides vehicle subscription and sharing plans, has launched an intriguing offering of a one-month subscription that will enable people to change cars every month. The users can subscribe unboxed or as good as a new vehicle for one month.
The one-month subscription plan comes with services like maintenance, insurance, and roadside assistance to ease up the process of owning a car. The subscription process is very simple as users only have to visit the Myles Zero Mobile app or Website and opt for the subscription tenure and complete a simple KYC process. The company offers cars, including the Hyundai i20, which starts at Rs. 29,909 per month, Maruti Brezza at Rs. 34,670 per month, and Tata Nexon at Rs. 34,670 for the subscription. With zero maintenance costs and down payments, the platform’s latest offering aims to provide a hassle-free and flexible ownership experience.
Commenting on the development, Sakshi Vij, Founder & CEO, Myles, said, “Our innovative car subscription plans have given millennials a more convenient and budget-friendly way of owning a vehicle. Today’s generation does not prefer a long waiting period, and that’s what we are catering to with our smart subscription plans. We are easing the process of maintaining cars and removing the burden of installments, and delivering it to your doorstep in a comparatively shorter period.”
The popularity of car subscription services is rising in the country and it is expected that in the coming next five years 50% of car buyers will be making use of this service due to the ease it provides in owning and changing a car.
About Myles:
Established in 2018 by Sakshi Vij, Myles intends to develop an alternate ecosystem to vehicle ownership through subscription and sharing solutions. Set up to create a future of vehicle ownership, the brand promises ‘Zero Risks’ and ‘Zero Stress’. It is a one-stop destination for both – rental cars for your road trips and a car subscription for daily travels without any commitment. A user-friendly app – Myles is divided into Myles for rental services and Myles Zero for the car subscription. It provides the customers with the option to choose from either renting a car (hourly, daily, and monthly) or subscribing to it. Having 38+ models to choose from, Myles currently has a presence in 21 cities across the country. So far, Myles has reached 45 million+ customers with 200K+ users.
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