Nissan India Unveils Leasing and Subscription Plans for Magnite and Gravite

Nissan Motor India is stepping into a new era of corporate mobility by launching a partnership with Avis India. This collaboration is set to revolutionize how businesses in India approach vehicle ownership. By introducing leasing and subscription plans for the popular Nissan Magnite and the soon-to-be-launched Gravite, Nissan aims to cater to the growing demand for flexible, asset-light mobility solutions.

The partnership leverages Avis India's extensive experience in fleet management and leasing operations, ensuring a seamless ownership experience for corporate clients. Under this new arrangement, businesses can now enjoy the benefits of Nissan vehicles without the burden of outright purchase. The plans are designed to offer flexibility and predictability with options for terms extending up to 60 months and mileage limits up to 50,000 km.

Innovative Mobility Solutions

One of the standout features of this partnership is the comprehensive lifecycle management provided by Avis India. This means that corporate clients can expect a worry-free experience with services that cover vehicle procurement, registration, insurance, maintenance, and end-of-term services. Such an offering is particularly appealing to companies looking to manage their fleets efficiently without the operational headaches typically associated with vehicle ownership.

The leasing and subscription plans start at a competitive price point of Rs 9,399 per month (excluding GST and subject to terms), which is an attractive proposition for businesses seeking to minimize upfront costs. This move also aligns with the trend of many companies shifting towards asset-light models, enabling them to scale operations dynamically according to demand.

Focus on Corporate Customers

Nissan's strategic focus with this partnership is clearly on the corporate sector. As Mr. Saurabh Vatsa, Managing Director of Nissan Motor India, points out, the company's goal is to deliver greater value through strategic, customer-centric initiatives. By providing flexible mobility solutions through Avis, Nissan is not only expanding its product portfolio but also enhancing its presence in the corporate segment.

The introduction of the Gravite alongside the already popular Magnite underlines Nissan's commitment to broadening its appeal in the fleet and corporate markets. The Magnite, known for its compact SUV appeal, will likely continue to attract attention, while the Gravite is expected to add depth to Nissan’s offerings, potentially capturing a new customer base.

Comments from Key Stakeholders

Reflecting on the partnership, Mr. Aman Naagar, Managing Director of Avis India, expressed enthusiasm about the collaboration. He sees this as an opportunity to strengthen ties with key manufacturers and enhance Avis India's operational capabilities. By building scalable and structured platforms for enterprise clients, Avis aims to deliver a robust solution tailored to the needs of the corporate sector.

This collaboration is more than just a business move; it represents a strategic alignment aimed at addressing the evolving needs of corporate customers who are increasingly seeking efficient and scalable mobility solutions. Nissan's ability to offer such solutions will likely bolster its position within the Indian market, furthering its reputation as a brand attuned to the needs of its corporate clients.

In essence, the launch of these leasing and subscription plans marks a significant step for Nissan in India. By offering businesses an alternative to traditional vehicle ownership, Nissan is not only responding to market demands but also setting the stage for future growth in the corporate mobility sector.