Automobile

PumPumPum: India’s First Used Car Leasing Platform Launched

New Delhi: A startup named PumPumPum to provide used car leasing has been launched in Delhi-NCR. It is the country’s first such service. It plans to expand to Bangalore, Hyderabad, Mumbai and Pune soon.

The subscription costs range from Rs 10,000 to Rs 1 lakh. It includes insurance, maintenance and an OBD-device annual subscription fee. The OBD device monitors the driving behaviour and car’s health.

The minimum lease duration is 6 months and the maximum is 2 years.

There is also a monthly limit of 1,500 km beyond which the customers will be charged ranging from Rs 8 per km to Rs 15 per km depending on the vehicle.

The used cars undergo a 200-point inspection and are scratch-free and dent-less, the company claims.

 

OB Bureau

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