Aprilia and Vespa scooters will now be available on lease in Pune and Bangalore. With its leasing offer on Aprilia and Vespa products, Piaggio claims that it's offering a 30% discount on regular EMIs.
Piaggio India has partnered up with OTO Capital to offer leasing options on Vespa and Aprilia range of scooters in Pune and Bangalore. According to Piaggio, the new leasing option offers customers a 30% discount on the EMI. In addition to that, up to Rs 2,500 will be completely waived off on the first month’s subscription fee. Customers will also get the option to upgrade or own the scooter at the end of the tenure.
Additionally, employees of corporates who have tied-up with OTO Capital can also opt for leasing of Vespa and Aprilia scooters under the new plan. According to the company, the benefit of taking the scooters on lease will allow users to pay for the vehicle only for the number of years it’s required. Plus, they can anytime upgrade to a more premium model from Vespa or Aprilia line-up during the lease tenure.
Commenting on the launch of the company’s new leasing option, Diego Graffi, Chairman and MD, Piaggio India, said, “We welcome the partnership with OTO Capital to facilitate this new model of ownership. Now, our discerning customers can enjoy interesting ownership options across our premium offerings of Vespa and Aprilia. We see flexible ownership to be a desirable new trend amongst the youth of India and we believe, Vespa and Aprilia would lead it to extend the premium experience to the aspirants.”
Vespa recently launched the Vespa Racing Sixties edition in the country, while the rest of the range has also been updated to meet BS6 regulations. Aprilia, too, introduced the SR 160cc range with a BS6 compliant engine late in 2019.