Car subscription is a new concept, so it’s alright to have a few questions about how exactly it works 😬.
If we had to draw up the simplest possible analogy to explain what car subscription is, then here it is:
“Most of us have borrowed from our library, lived vicariously through the stories in those pages, and when the time came, returned them back to the library shelves What did it cost us?Just a little walk to our nearest library and small fee for that lovely book! 📙 Car subscriptions work the same way.”
Let us tell you how you subscribe to your dream car, use it for the agreed tenure, upgrade to the latest model every year, and pay a monthly fee while you enjoy driving that car you want. It is the perfect choice for those who want to buy a new car but would like it to be a little easy on the pocket, and minus the commitment of making a huge investment in an asset that will lose its value soon.
But it’s not just subscription you need to better understand, but how the Quiklyz subscription offers you a superior and satisfying experience (or are you one of those people who wants to settle for second best? 🤨)
When you subscribe to a car on Quiklyz, you’re signing up to a whole new experience with a brand new car, white number plate, and a registration certificate (RC) in YOUR name. In this way, it’s even an upgrade on traditional subscription services that have you driving around with a black or yellow number plate. Here’s another analogy for you:
“It's like owning a brand-new book that no one has riffled through before you, and which is for you to keep, for as long as you want, without having to buy it.”
But this is not the only point where you score with Quiklyz that is best understood when comparing with what is involved in buying a new car. Here are the pros and cons of owning a car the traditional way.
Pros and Cons of Buying a Car
When you buy a car, you buy a new asset. But how smooth is the process of buying the car and owning it?
Honestly, there can be quite a few headaches with owning a car, and that begins when you buy one. Zeroing in on the specific model and color that suits you can take quite a few visits to the showroom.
This part of the exercise includes visiting different showrooms to compare prices, discounts offered, and of course, the after-sales service offered and workshop locations.
The paperwork can be laborious, especially when you are buying on loan. Arranging the down payment can also raise problems, as not everyone can have ready cash of such a large amount available.
Third-party vehicle insurance is mandatory in India and choosing the right insurer that offers acceptable terms and conditions becomes as laborious as choosing the right car. Don’t forget the annual car insurance premiums, which get larger with engine capacity.
Also anything mechanical needs maintenance, including cars. Regular trips to the service station are an important chore of a car owner. Also, be ready for regular (and unplanned) expenses on replacing/repairing car parts.
And lest we forget, there is the issue of road tax some state governments will fine a car owner heavily for payment defaults.
The irony is, after all this hassle, you are buying an asset that depreciates in value, unlike real estate. The depreciation starts the moment the car leaves the showroom, and increases with every passing year and kilometre.
And if you want to sell your car, your troubles begin all over again, and various issues will haunt you: Is the dealer authorised? Is the price offered right? Is the paperwork (transfer of ownership) being done correctly? It can take you months to sell your car.
How You Score with Quiklyz
With Quiklyz car subscription, you enjoy all the privileges of owning a car without the hassles that go with ownership Quiklyz takes care of every little worry.
Below are a set of benefits that a Quiklyz subscriber enjoys, let us look at them in bullet points:
- First, a Quiklyz car is yours for all practical purposes; you will be given a white number plate and an RC in your name, and you will not only be the first person to drive the car, but you can keep it for up to 5 years. This means you don’t have to worry about returning it till the tenure is over.
However, if you want, you have the option to buy the car itself.
- Second, upgrades are super simple. The owner of a car would need to buy a new one if he/she wanted a newer model, but a Quiklyz patron upgrades by simply switching models. You are also spared the agony of being stuck with your old car while you clear your car loan EMIs.
- Third, the mandatory expenses for a car owner – road tax, insurance, and registration charges – are taken care of by Quiklyz as these are included in your monthly fees. Only a car owner knows the running around these tasks involves.
- Fourth, Quiklyz offers you a way out of being stuck by the roadside if your car breaks down through its 24x7 roadside assistance service.
To sum up, Quiklyz brings you the following advantages:
- The car comes with a white number plate.
- The registration certificate is in your name.
- All you pay is a monthly fee (of course, you pay for the fuel, tyre punctures, etc.)
- But you don’t pay for any car maintenance or bear insurance costs separately.
- You have the option to switch to a better /bigger car.
It’s all the conveniences of having your own car, without the additional hassles and hidden costs of buying it the traditional way. Say goodbye to the car loan life with Quiklyz 💙
