You Can Now Lease The Nissan Magnite And Kicks For As Low As Rs 18,000 Per Month

Modified On Jun 10, 2021 10:16 AM By Tarun for Nissan Magnite 2020-2024

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The subscription fee includes zero down payment, vehicle insurance, zero service costs, and road tax

Range-topping variants of the Nissan Magnite, Kicks and Datsun Redi-GO are now available with lease plans.
The car will come with a white number plate and buyback option.
Interested buyers will have to pay a refundable security deposit and a monthly amount.
There’s no down payment, service costs, insurance costs, registration fee and road tax payable.
Currently, it is available only in Delhi NCR, Chennai and Hyderabad.

Nissan, in partnership with ORIX, has introduced leased ownership plans for the Magnite, Kicks and Datsun Redi-GO. These plans cover all the expenses borne by a customer during purchasing a car.

The car with the plan will come with a white number plate and buyback option. That means it will be registered for private use and later, you can even buy the car instead of leasing. You just have to pay the monthly amount along with a refundable security deposit.

Model	Total (Ex-showroom-INR)	Months
		24M	36M	48M	48M with AMC
Magnite MT XV	715000	24632	21418	19064	17,999
Magnite MT XV PREMIUM	784000	26882	23302	20719	20060
Magnite TURBO MT XV	825000	28273	24554	21839	21063
Magnite TURBO MT XV PREMIUM	905000	30810	26688	23714	22990
Magnite TURBO CVT XV	915000	31128	26955	23949	23231
Magnite TURBO CVT XV PREMIUM	990000	33506	28956	25706	25038
Kicks XV 1.5	999,990	29760	26907	24369	23,499
Kicks XV 1.3 TURBO	1,209,990	33037	30258	27598	26746
Kicks XV Premium 1.3 TURBO	1,299,990	34040	31367	28717	27918
Kicks XV 1.3 TURBO CVT	1,394,990	37799	34470	31394	30664
Kicks XV Premium (O) Dual tone 1.3 TURBO	1,419,990	38048	34767	31696	30981
Redi-GO A	400800	10721	10070	9304	8,666
Redi-GO T (O) 0.8L	456600	11928	11168	10303	9699
Redi-GO T (O) 1.0L	477500	12543	11692	10770	10185
Redi-GO T (O) 1.0L AMT	498600	13182	12234	11244	10671

Note: The above mentioned plans are for Delhi

The subscription plan for the Magnite ranges from Rs 18,000 to Rs 25,300, starting from the second-to-top XV variant up to the top-end XV Premium Turbo CVT variant. You can lease the Kicks from its XV to XV Premium (O) Turbo variant, ranging from Rs 24,000 to Rs 30,500 per month.

Lastly, Datsun is offering its entry-level Redi-GO for subscription, which ranges from Rs 9,000 to Rs 11,000, per month. Only the range-topping variants are on subscription for all the three cars.

There’s no downpayment, service costs and insurance costs payable. The plan also covers the vehicle insurance, registration fee, road tax, and RTO expenses. All the maintenance costs, scheduled and unscheduled repairs, tyre and battery replacement, 24X7 roadside assistance, and cost of paperwork are included in the monthly plans.

This subscription plan will be available at dealerships in Delhi NCR, Hyderabad and Chennai first. Following that, it will be introduced in Bangalore, Pune and Mumbai.

Similarly, Maruti has rolled out subscription plans for its lineup, including the Wagon R, Swift and S-Cross. Tata and MG are also offering their electric vehicles through subscription.