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Frequently Asked Questions
General
Post-booking, after payment of the refundable security deposit, we procure the car, get it registered, pay all the taxes, get the insurance cover added, and deliver it to you, depending on the availability of the car at the manufacturer's end.
You can check your eligibility on the Quiklyz website www.quiklyz.com and book from the list of eligible cars.
Assured Buyback
Flexi Advantage
Yes, you can buy a car at the market value at that point in time under the Flexi Advantage.
Under assured buyback, the buyback value of the car is pre-defined and Under Flexi Advantage, the buyback of the car is dependent on the market value of the car.
Tenure options are 2/3/4 years, and mileage options customers can opt for are 10000, 15000 or 20000 km per year.
Quiklyz provides a brand new car, and it will be registered in the name of the customer.
Simply put, subscribing to a car on Quiklyz is the new, easy, economical and smart way to get a car. Much like you rent or subscribe to your furniture or appliances, you can now subscribe to a car of any brand and model listed on Quiklyz😊. But unlike the self-drive car rentals you are used to, Quiklyz offers you a brand-new car with a white number plate and a RC in your name. Plus, instead of buying a car that costs years to save up for, you simply pay one monthly fee, which covers costs like registration charges, insurance, additional taxes and maintenance. In addition, you also get amazing benefits like the option to upgrade to a better model, buy the car you are driving and get roadside assistance.
Customers can reach out to our toll-free subscription expert at 1800-209-7845 or contact us at quiklyz.service@mahindra.com (Mon-Sat, 9 a.m. to 7 p.m.). For roadside assistance, customers can reach out to our 24/7 toll-free number 1800-309-7845.
You will need identity and address proof (PAN, passport, masked Aadhaar, and utility bill), income proof and a valid driving license. {For a rental apartment, a registered rental agreement (between user and owner) and a utility bill of current address, along with any one document for a permanent address (a voter ID, passport or driving license)}
Quiklyz comes from the house of Mahindra, which is known for customer service, trust and transparency. We believe in offering the best to our esteemed customers. We provide attractive pricing for our customers to retain the vehicle at the end of their subscription tenure. Please feel free to call us to know more about this end-of-term pricing and how it will benefit you.
Unlike the self-drive car rentals you are used to, Quiklyz offers you a brand-new car that comes with a white number plate and a RC in your name. It is not a traditional car subscription because the car is truly yours. You become the first person to drive the car and you do not have to worry about giving it back unless you want to. You can choose from a tenure of 2/3/4 years, after which you can return it, choose to buy it out or even upgrade to a better model that is more in line with your lifestyle at that point. Your new car is yours, but without the hassles, responsibilities and costs.
Quiklyz lets you comfortably get a car of your own when you wish to avoid making a large down payment, wish to use the car only for a few years, want to have minimum car ownership-related hassles, if you have moved to a new place because of work or other commitments or if you just don't want to spend lakhs and lakhs on a car you barely use because of your schedule or traffic 😒. It can also be the right choice if you want the freedom to upgrade your car at regular intervals rather than be stuck with the loan payment for the same car for years.
The customer needs to hand over the car to our nearest car yard. An inspection will be done on the vehicle and the security deposit will be refunded back in case there are no dues.
Basis the pre-defined Buyback value agreed while the booking process, customer needs to make the payment of the buyback amount and will share an NOC with the customer for removing the hypothecation on the car. Security deposit will be refunded back.
The buyback value of the car is defined while booking the car under subscription.
A car is valued and sold to the customer based on the market valuation at that time.
Quiklyz Subscription offers complete flexibility to the customers. Post completion of tenure, you can either buy back the vehicle at a pre-agreed buyback value, return the vehicle or buyback the vehicle with a loan on buyback value. Our experts will always be available to explain to you the details and cost of working for these options and help you make the best decision.
The customer needs to pay the pre-defined buyback value at the end of tenure to retain the vehicle. In the event where a customer wants to buy the vehicle before completion of lease tenure, the customer must pay the Foreclosure Value (includes the outstanding book value amount, GST, TCS and applicable charges).
Quiklyz subscription covers the insurance and maintenance during the tenure - any other expense like fuel, Fasttag, tolls, parking, optional services, challan, etc. are excluded in all the products.
Buyback product is ideal for a customer who wants to retain the vehicle end of tenure, but also values the flexibility that car subscription offers.
Under the buyback product offering, the residual value of the vehicle at the end of the tenure will be pre-defined and agreed upon at the booking stage itself. Hence, the customer will be able to buy the subscribed vehicle with a fixed pre-decided buyback value after the tenure is completed.
Not yet. We're offering only brand-new cars to our customers at present.
Car subscription and car leasing are actually very similar and are also sometimes used interchangeably. Car Subscription on Quiklyz, like Car Leasing, registers the car as a private vehicle (i.e., white number plate) in the name of the customer and is usually to be taken for a longer tenure (starting 2 years). Thus, just by paying a security deposit and a monthly fee, you get to drive around in a car registered in your own name.
Leasing is basically a legal term used in agreements and it means a contract made between a vehicle owner (lessor) and someone who pays the owner to have possession of the vehicle for a predetermined period (lessee). In this case, for example, Quiklyz will be the lessor and you (the subscriber) will be the lessee.
You can visit our website, call our subscription experts at 1800-209-7845 from Monday to Saturday (9 a.m. to 7 p.m.), or email us at quiklyz.service@mahindra.com.
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