You Can Now Exchange Your Honda Activa For An Ather 450 Electric Scooter

Ather has introduced the exchange scheme in partnership with used two-wheeler brand CredR

• Ather Energy is already well-known for its unique pricing schemes such as subscription plans and leasing, apart from upfront pricing.
• Now, owning an Ather becomes even easier with the new exchange offer.
• Selling your scooter privately involves the hassle of finding the right kind of buyer, getting the paperwork done, and the likes. 
• The exchange scheme eliminates all such hassles.

Selling your petrol-powered scooter on your own to upgrade to an electric one comes with its own set of caveats. First, you may need to make sure the buyer is genuine. In many cases, you may also have to get the required paperwork done on your own. Ather Energy intends to eliminate all these hassles with the introduction of a two-wheeler exchange programme in collaboration with CredR, an Indian used two-wheeler brand.

Also Read: Ather 450 Dashboard Now Gets A Dark Theme With Latest OTA Update

With this offer, you can exchange popular scooters such as the Honda Activa, TVS Jupiter, Hero Pleasure Plus, TVS Scooty Pep Plus or even motorcycles from Royal Enfield, KTM, Yamaha and the likes at Ather’s dealerships. This offer complements the already lucrative battery subscription scheme and the leasing plan for Ather’s electric scooters. Check out more details regarding the scheme in the brand’s press release below:

Press Release:

Ather Energy joins hands with CredR for a 2W Exchange Program

• Exchange any petrol 2-wheeler for an Ather Energy scooter
• Receive an instant quote and own one of the most popular EV, hassle-free

Bangalore, 1st July 2020: Irrespective of which scooter, motorcycle or superbike you own, you can now switch to electric by exchanging it for a brand new Ather scooter. Ather Energy, known to introduce innovative ownership models, brings another purchase option in association with CredR, India’s most trusted used two-wheeler brand. As part of this association, CredR will offer instant price quotes for old petrol two-wheelers, which will be used to reduce the upfront cost of upgrading to Ather’s scooters.

This partnership allows owners to quickly and easily trade in their old two-wheelers for an ever improving electric scooter and receive their new vehicle within days. Customers will need to bring in their old petrol 2-wheelers for a physical inspection to Ather Space, where an instant price quote/estimate will be generated through the application powered by CredR. To complete the transaction, CredR will verify the documents and the health of the petrol two-wheeler. The exchange price will then be adjusted against the final cost of the new Ather scooters. Currently, the program is applicable only for Bengaluru and Chennai and will be available across India as partner experience centres open in the coming months.

Ather is the first two-wheeler OEM to launch a private lease program, with a payment plan as low as INR 2,589 per month. The company also offers ownership programs under Ather One that takes care of all day-to-day expenses, along with doorstep service and spare parts.

To promote the adoption of EV, Ather has added a slew of financial models and first-in-category lease plans, with no long-term commitment. And with the Ather 450X launched in January 2020, the company has rolled out an innovative battery subscription model. Under this plan, the consumer pays for the scooter, minus the cost of the li-ion battery. The battery is paid for under a monthly subscription model that not only lowers the upfront cost of the scooter, but also provides a lifelong, infinite battery warranty.

Ather also partnered with Bounce, India’s first and fastest growing dockless shared mobility player in Bengaluru for their Peer-to-Peer (P2P) sharing program. This partnership enables new Ather 450 owners to monetize the idle time of their vehicle by listing it on the Bounce App and earning an additional income.

Quote by Ravneet Singh Phokela, Chief Business Officer, Ather Energy

“Since our launch in 2018, we've constantly been looking for new and innovative ownership models for our vehicles, and this is another step in that direction. This exchange program makes the entire process more seamless for owners and reduces the stress of personally trying to sell their vehicles. CredR has been doing a great job with second-hand two-wheelers and offering extremely competitive rates, making the whole purchase experience transparent and easy, while reducing the total cost of ownership.”

Quote by Sasidhar Nandigam, Chief Strategy Officer, CredR

“We’ve transacted over 3 lakh used two-wheelers in the last 5 years and no one understands the used two-wheeler market better than us at this point. With over 20 lakh data points and pricing intelligence, we provide the best value for any two-wheeler seller. After having worked with all leading 2W manufacturers, we’re embracing the new EV manufacturers in the same way. With many consumers now becoming EV inclined, this partnership seemed like a great channel to scale our supply infrastructure.”