Purchasing options
The Ather 450 Plus, with a lower price
The Ather 450 Plus now starts at a price of Rs. 1,39,990 (Ex-showroom, Bengaluru) . Prices might vary slightly depending on your city, but this pricing will allow a lot of you to make the switch to electric at a lower cost. Head over here “What are the specification differences between 450 Plus and 450X?” to see the full differences between the Ather 450 Plus and the Ather 450X.
Loan
Apart from Hero Fincorp Limited, we’ve also onboarded IDFC as our loan partner. We’re in the process of adding at least 1 more loan partner, and will announce as and when things crystallize.
What can you expect with the loan options?
|
HFCL |
IDFC |
Rate of interest - Flat |
9.99% |
11.65% |
Processing Fee of loan amount |
2% |
2% |
Documentation & stamp duty |
1000/- |
1000/- |
Maximum loan amount |
upto 85% of ex-showroom price |
upto 85% of on-road price |
Loan tenure options (months) |
12, 24, 36, 48, 60 |
12, 24, 36 |
Foreclosure charges (of the outstanding principal loan amount + GST) |
5% |
4% |
The prices might vary marginally depending on your city. For Bengaluru and Chennai, reach out to Ather Space in your city for more details. For other cities, the dealer will be able to help you with details on the scheme you’d be eligible for.
Note: These might change at the discretion of the financial partners.
Lease
We’ve worked with Autovert on lease plans for both the Ather 450 Plus and the Ather 450X.
Down payment: You can go with a minimum down payment of Rs. 25000, and a maximum down payment of Rs. 60,000.
Monthly rental: Your monthly rental will vary between Rs 3,900 to Rs 5,095 for the Ather 450 Plus, and Rs. 4,637 to Rs. 5,689 for the Ather 450X, depending on your downpayment and lease duration.
Inclusions:
- Comprehensive insurance worth Rs. 10,000
- Third party insurance for 5 years
- All vehicle maintenance included - Ather Service Lite
Note: For those who are eligible for Series 1 and opt for the Ather 450X through lease, you will get Ather Service Pro for the duration of your lease term. The terms and pricing might change slightly depending on your city. At the time of purchase, you’ll be able to check the final costs and terms for your city.
You can take the Ather 450X or the Ather 450 Plus on lease for upto 36 months, with an option to exit anytime after 12 months. If you choose to lease for 3 years, at the end of your lease term, you will get 100% cashback of your down payment or you can retain the vehicle at no additional cost. This is an introductory plan for our early owners who want to opt for the lease plan.
Other than servicing, you’ll have to purchase additional packs such as Ather Connect separately.
There will be a one time application and processing charges of Rs. 1850