Mahindra Finance announces entry into Leasing and Subscription business
"consumers now want to access vehicles earlier in their life and upgrade their vehicles faster than ever before."
New Delhi: A Non-Banking Financial Company Mahindra & Mahindra Financial Services Limited, a top tractor financer in India announced its entry into the Leasing and Subscription business. Under the brand name of "Quiklyz", the company will operate its new vertical business to denotes the changing mindset on mobility.
On Thursday the company has announced the process of owing a vehicle at an inflection point. Mahindra Finance states consumers now want to access vehicles earlier in their life and upgrade their vehicles faster than ever before.
It also added Leasing and Subscription model offered by 'Quiklyz' provides exactly that; where the consumer pays a monthly fee to access the vehicle of their choice across all car brands, at a lower price point vs. regular car ownership. Corporate and businesses are also looking for alternate ways to have access to vehicles that can match their requirements without the burden of traditional ownership models.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
