PLUG Subscription
for your Magnus PRO
A full vehicle subscription plan where you decide a monthly subscription that suits you best
24 month plan that includes
- Vehicle with battery (color of your choice)
- Comprehensive full vehicle Insurance
- Discounted Service & maintenance costs
- Registration/ RTO charges
- Unlimited Kilometers Usage
- 30% cashback on upgrade/ Retain vehicle for only ₹5,000/
Power+ Subscription Plan
Pay just ₹49,990/ and ride home a Magnus Pro by subscribing to a unique battery subscription plan and get huge benefits
24 month plan that includes
- Battery Pack
- Battery Warranty – 5 years
- Comprehensive full vehicle Insurance
- Discounted Service & maintenance costs
- Registration/ RTO charges
- Unlimited Kilometers Usage
- Great offers on battery replacement
- Zero retention fee at end of 24 months
Subscription at ₹1,990/ month
One time vehicle fee (Downpayment) ₹49,990/
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Magnus Pro, on-road price ₹83,990
| Autovert Subscription | Loan | ||
| Downpayment | ₹25,000 | ₹25,000 | |
| RTO/ Other Charges | ₹(2,750) | (Saving) | ₹2,750 |
| Application Fee | ₹1,750 | ₹2,000 | |
| Loan EMI – 24 Months | ₹63,344 | ||
| Monthly Subscription – 24 Months | ₹82,608 | ||
| Comprehensive Insurance Year 1 | ₹(4,500) | (Saving) | ₹4,500 |
| Comprehensive Insurance Year 2 | ₹(2,100) | (Saving) | ₹2,100 |
| Service & Maintenance Year 1 | ₹(1,000) | (Saving) | ₹1,000 |
| Service & Maintenance Year 2 | ₹(1,000) | (Saving) | ₹3,000 |
| Transfer Price | ₹5,000 | ||
| Upgrade Bonus | ₹(7,500) | (Saving) | |
| Total Cost of Ownership | ₹95,508 | ₹103,694 | |
| NET SAVING COMPARED TO LOAN | ₹8,186 | ||
Magnus Pro
Important Note:
Before you start the application process,
please make sure:
• You are above 21 years of age
• Your Monthly income is more than Rs.30,000
• You have the following eKYC documents
ready to upload:
1. Passport Copy/ Voter Id/ AADHAR Card
(any one with photo and address)
2. PAN Card
3. Driving License
• Latest 6 months Bank Statement
– Original downloaded statement from the bank
• If you are salaried – Last 3 months payslip
Magnus Pro – Power+
Important Note:
Before you start the application process,
please make sure:
• You are above 21 years of age
• Your Monthly income is more than Rs.30,000
• You have the following eKYC documents
ready to upload:
1. Passport Copy/ Voter Id/ AADHAR Card
(any one with photo and address)
2. PAN Card
3. Driving License
• Latest 6 months Bank Statement
– Original downloaded statement from the bank
• If you are salaried – Last 3 months payslip
What’s Autovert Plug?
This is a new age alternative ownership model, where you subscribe
to a new vehicle for a period of 24 months, after which you have the
option of owning it or upgrading to a new Ampere Vehicle.
Autovert acts as an asset manager of your vehicle, taking away
all the ownership hassles from you !
Benefits:
No hassles of Ownership
From a simple and quick digital onboarding process to maintaining your vehicle over a 24 month period, owning a vehicle has never been easier. An all inclusive monthly subscription fee covers all that is needed to take care of your vehicle for 24 months and beyond. No more worries about paying for/ renewing your insurance, no more worries about maintenance or warranties on the vehicle as these are taken care of under the subscription plan. What’s even better is that you don’t have to pay any vehicle registration or RTO charges when the vehicle is delivered to you.
Unlimited Mileage
The subscription plan has no restrictions on how many kilometers you can use for in the 24 months. No extra charges for excess usage, so you can enjoy the green kilometers as much as you can imagine.
Comprehensive Full Vehicle Insurance
The vehicle is fully insured for a full period of 24 months under a comprehensive insurance plan, which also includes multiple benefits specifically designed for you like emergency medical protect, pillion protect and fire damage to the vehicle. Yes! this is all included in the subscription fee. After 24 months, the third party insurance will still be valid for another 36 months!
Service and Maintenance
The subscription plan covers service and maintenance benefits through the 24 month plan, this includes
- First 3 scheduled services free in the first 12 months
- 1 scheduled service + discounts on rest of the scheduled services from 12 – 24 months
Vehicle Upgrades
If you decide to upgrade to another Ampere vehicle at the end of 24 months – you are eligible for a loyalty exchange program valued upto 30% of the down-payment made by you.
Low Retention Fee
At the end of 24 months, you have the option of retaining the vehicle with small fee of only Rs.5,000/
What’s POWER+ Subscription Plan?
This is a new age alternative ownership model, where you pay only ₹ 49,990/- and get to ride away a premium vehicle.
All you need to do is pay a monthly subscription which will cover all that there is to take care of the vehicle for the next 24 months, including the battery.
Benefits:
Battery Pack
This is the main lithium Ion battery pack of the vehicle which has been removed from the overall price of the vehicle (valued at 30% of the price of the vehicle), so that you get a reduced price upfront and a whole bunch of full vehicle benefits added to the subscription plan.
Extended Battery Warranty
The subscription plan comes with an exclusively designed extended warranty on the battery of 5 years (or upto 40,000 KMS), which is valid beyond the 24 months
Comprehensive Full Vehicle Insurance
The vehicle is fully insured for a full period of 24 months under a comprehensive insurance plan, which also includes multiple benefits specifically designed for you like emergency medical protect, pillion protect and fire damage to the vehicle. Yes! this is all included in the subscription fee. After 24 months, the third party insurance will still be valid for another 36 months!
Service and Maintenance
The subscription plan covers service and maintenance benefits through the 24 month plan, this includes
- First 3 scheduled services free in the first 12 months
- 1 scheduled service + discounts on rest of the scheduled services from 12 – 24 months
Battery Replacement offers
In the event of you wanting to upgrade your battery or replace your battery (subject to availability) at the end of 24 months, you are eligible for attractive discounts on the new battery (subject to safe return of the old battery to Autovert)
Unlimited Mileage
The subscription plan has no restrictions on how many kilometers you can use for in the 24 months. No extra charges for excess usage, so you can enjoy the green kilometers as much as you can imagine.
Zero Retention Costs
At the end of the subscription plan (24 months), the vehicle along with the battery can be retained by the customer at no extra cost!