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Piaggio India announces leasing offer on Vespa and Aprilia range of scooters

Aditya Chatterjee  | Updated: September 08, 2020, 04:37 PM IST

Piaggio India will soon be offerings leasing option on its Vespa and Aprilia range of scooters in Pune and Bangalore. The company will be offering lucrative options of lower downpayment and a 30 per cent discount on EMIs on its complete range of scooters. For this, Piaggio India has partnered with OTO Capital. As an introductory offer, customers can avail a discount of Rs 2,500 on the first month's subscription fee. They also have the option to upgrade or own the scooter at the end of the tenure. In addition, customers can opt for lease services across Vespa and Aprilia dealerships through the OTO app.

The company explains one would have to pay only for the number of years they want to keep the vehicle and then return it anytime, thereby paying less and gaining more. Further, through the leasing option, one can even upgrade to a more premium model of Vespa and Aprilia in the same EMI budget. In the same line, employees of corporates who have tied-up with OTO Capital can apply leasing of Vespa and Aprilia scooters and get flexible ownership plans, that also provides them with additional tax savings.

Commenting on the association with OTO Capital, 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."

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