amp. electric vehicle leasing

Go Electric. Drive Premium.

No Liability. Full Flexibility.

amp.

Why Are You Not Upgrading to an EV?

We know what's stopping YOU

Battery Life Worries

"What if the battery dies in 5 years? What if the range drops? What if technology changes and my car becomes obsolete?"

Resale Anxiety

"EVs are new. Nobody knows what they'll be worth in 3–5 years. How will I sell it?"

Liability Nightmare

"Banks are skeptical about EV loans: higher interest rates, lower LTV, more paperwork. Is it worth the effort?"

Devaluation Fear

"Cars devalue over time. With an EV, will I lose even more? Why spend on something that loses value daily?"

Range Uncertainty

"I want to drive when I want, where I want. I am not sure about charging networks."

Ownership Problem

"EV technology evolves fast. What if my EV becomes obsolete? I’m stuck until my loan is fully paid."

"Leasing? Expensive. Inflexible. Not for me."

What if one monthly payment coveres everything — insurance, maintenance, upgrades, paperwork?
What if you could walk away anytime — no loan, no resale, no liability?
What if that payment was less than what ownership actually costs you?

That's not the leasing you've seen.
That's AMP.

Everything Included. Nothing Hidden.

Financial Prudence. Flexibility. Full Freedom.

All-Inclusive Subscription

Just drive. We handle insurance, maintenance, paperwork, renewals—everything.

Zero Devaluation Risk

No compulsory buyback.
No ownership.
No capital stress.

Flexible Upgrades

New model launched? Better tech available? Want a new colour?
Switch cars. Stay current.
Stay free.

Tax Savings

Additional savings if your employer pays the lease. Increase take-home even after lease payments.

No Maintenance Hassles

Car needs charging or service? Call us and relax.

Total Flexibility

New job? Moving cities?
We move with you.
You’re never locked in.

Comprehensive Insurance

Accident? Theft?
Fully covered.
Drive with peace of mind.

No Conditions Apply

Clear commercials.
Simple agreement.
You get exactly what you signed up for.

You don't buy music anymore — you subscribe to Spotify

You don't buy movies — you subscribe to Netflix

Now, don’t buy an EV — you subscribe with amp.

How amp. Works

Simple steps from decision to driveway

Choose Your EV

Take your pick from any premium EV available in India

  • BMW, Audi, BYD, MG, Mahindra, and more
  • Any variant available in India
  • Pick your car, pick your number (subject to availability). Leave the rest to us.

Complete Quick Verification

Simple process

  • Identity verification (Aadhaar, PAN)
  • Address proof
  • Driving license
  • Basic credit check (soft inquiry, won't impact score)
  • Income and employment verification

Pay (Before Delivery)

Security deposit & advance

  • Security deposit: 3–6 months (fully refundable)
  • One month rental
  • One-time nominal registration fee
  • Total advance: Up to 4% of car value

Sign the Agreement

Clear, concise lease terms

  • Lease duration (minimum 12 months)
  • Mileage limit
  • Inclusions: Insurance and maintenance
  • Monthly rental

Take Delivery

Wherever you want to

  • Photoshoot-ready delivery experience
  • Full handover and orientation
  • Charging guidance and support
  • 24/7 customer support
  • Dedicated relationship manager

Just Drive

We handle the rest

  • Timely maintenance: handled by us
  • Insurance renewals: automatic
  • Breakdown? 24/7 roadside assistance access
  • Want to switch cars? Let us know

The Honest Comparison

Same car. Same road. Very different numbers.

Example: BMW iX1 — ex-showroom price ₹52,67,101 in New Delhi

Car ex-showroom Price ₹52.67L BMW iX1 · New Delhi
5-Year Cost · Loan ₹54.86L 135% of car value paid out
5-Year Cost · AMP ₹36.75L Just 90% of car value — same car, zero hassle
What you're paying for Bank Loan AMP Lease
Monthly Breakdown
Upfront amount ₹2,63,355car downpayment ₹3,40,217refundable security
Monthly payment ₹1,03,096EMI ₹1,13,405AMP Lease
Insurance & maintenance ₹10,290amortized monthly ₹0included
Total monthly outflow ₹1,13,386 ₹1,13,405
Tax saving on lease 30% bracket Subject to HR policy allowing lease as employee perk −₹34,022monthly tax saving
Net monthly outflow ₹1,13,386 ₹79,383
5-Year Picture
Total outflow over 5 years ₹70,66,522 ₹47,62,980
Money returned / recovered −₹15,80,130resale −₹10,87,450deposit + FD yield
Net expense ₹54,86,392 135% of car value ₹36,75,530 Only 90% of car value

^ Subject to HR policy, assuming 30% tax bracket.   ^^ Insurance & maintenance savings invested in FD @ 7% p.a., yield net of tax.

Same car. Same road. Over 5 years you gain

30% to 45% of the car value as savings.

Drive with AMP. Pay less save more.
You work hard to earn your money, now make your money work hard for you.

The Numbers

Pick a car. See exactly how you save.

Drive More.
Spend Less.

  • Select any EV and see your EMI vs AMP lease comparison
  • See your net monthly outflow — with and without tax benefit
  • No assumptions hidden. Every number accounted.
Compute your Savings
Calculate EV subscription savings with AMP

Calculate Your Savings

EMI vs AMP — see what actually costs less

Estimated figures. Talk to us for a personalised breakdown.

The Tax Benefit

Ask your HR. It's a standard corporate perk — and it saves you lakhs.

How It Works

Many companies offer car lease as an employee benefit.
When your employer pays your AMP lease directly, it becomes a business expense for them — and a tax-free perk for you.
A genuine win-win. And completely above board.

Example calculation:

Monthly Lease Amount ₹1,13,405
Annual Lease Cost ₹13,60,860
Your Tax Bracket 30%
Annual Tax Saving ₹4,08,258
Additional Cash-in-Hand (per month) ₹34,022
Effective Monthly Cost to You ₹79,383
(₹1,13,405 − ₹34,022 tax benefit)
What you need to know:
  • Employer must pay the lease directly
  • Perquisite tax (upto ₹8,000 per annum) or as applicable
  • HR confirmation required
  • AMP handles all paperwork and consultation

One conversation with your HR is all it takes.

The Fine Print (Read It Anyway)

What you need to know before you sign

Damages Beyond Normal Wear and Tear

Minor scratches and dents from parking are covered. Major accidents, significant body damage, or interior destruction remain your responsibility. Insurance protects the vehicle’s value, but you may be liable for any shortfall or deductible as per your lease—similar to renting an apartment.

FASTags and Traffic Violations

Tolls, speeding tickets, parking fines, and other traffic violations are your responsibility while the car is in your custody.

Excessive Mileage Charges

Our leases include a mileage limit. Exceed it and a per-km charge applies — clearly stated in your agreement before you sign.

Loss or Theft

If the car is stolen and not recovered, insurance covers the vehicle value—but you may be liable for any shortfall or deductible as per your lease agreement.

Unauthorized Modifications

No structural modifications are allowed beyond legal or insurance limits. Installing aftermarket accessories, excessive tinting, or other modifications requires prior approval. Unauthorized changes may result in penalties.

Late Payment Penalties

Pay your monthly rental on time. Late payments attract penalties as applicable from time to time. Repeated delays may lead to lease termination — all terms are outlined upfront in your agreement.

Early Termination Fees

Exiting the lease early is allowed but may incur a fee (usually 1–2 months' rental). All fees are outlined upfront.

Return Condition Requirements

When returning the car, it must be in good condition. Major damages, missing parts, or excessive wear will result in deductions from your security deposit.

Just being blunt: treat the car well, pay on time, and follow rules—everything else is taken care of.

Upgrade to Electric

Your aspiration fulfilled in 4 simple steps.

Explore

Browse available EVs and use the calculator to see your numbers

Consult

Speak with us. Every term, every charge, every question — answered before you commit

Schedule

Pick your car. Book your test drive. Sign the agreement.

Drive

Verification done. EV delivered to your door. In 7–10 days.

No ownership. No hassle. Just drive.

FAQs

Your problems solved. Your questions answered.

Short answer: Not your problem.

The car belongs to the owner, not you. Battery degradation, range loss, or major component failure is covered under warranty (most EVs have 8-year battery warranties) or handled by the owner.

If the battery becomes unusable during your lease, we replace or repair it at no cost to you. You're leasing the driving experience, not inheriting the asset's problems.

You're renting an apartment. If the AC breaks, the landlord fixes it. Same principle here.

Why is the lease amount almost the same as an EMI?

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No you are not paying more.

Your loan EMI might be ₹1,03,096, but your total cost includes:

  • EMI: ₹1,03,096
  • Insurance & Maintenance: ₹10,290/month
  • Total: ₹1,13,386/month

Our lease is ₹1,13,405—all-inclusive. No juggling multiple bills.

Also, if your HR policy is allowing the lease to be provided as an employee perk and you being in the 30% tax slab. Then the effect lease will be

  • Net EMI: ₹79,383
  • You save ₹34,022/month

Other Benefits:

  • No down payment (security deposit is refundable)
  • No devaluation risk (not your asset)
  • No resale hassles (just return it)
  • Flexibility to upgrade or exit
You are paying less for more—not just freedom.

Can I upgrade to a newer model mid-lease?

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Yes, absolutely.

New model launched? Better tech? Just let us know:

  • Return your current car
  • Get your deposit back, less deductions (if any)
  • Sign a new lease for the upgraded model
  • Transfer security deposit for the new car as applicable
  • Drive the new car

Early termination fee may apply (1–2 months' rental). No multi-year lock-in.

What happens if I have an accident?

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The car is fully insured. Here's what happens:

  • Report the accident immediately to us and the insurance company
  • We file the insurance claim
  • Car goes for repairs (covered by insurance)
  • You may pay the deductible as per insurance terms

Important: Negligence (drunk or reckless driving) may make you liable for uncovered damages. Normal accidents are fully covered.

Can I use the car for outstation trips?

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Yes, absolutely.

  • Inform us if you're going outstation for extended periods (7+ days)
  • Respect the mileage limit as per agreement
  • Plan charging stops (we provide guidance)

No restrictions on where you drive. Just drive responsibly.

What if I lose my job or can't afford the lease anymore?

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We understand life happens. Options:

Option 1: Early Termination

  • Return the car
  • Pay early termination fee (1–2 months' rental)
  • Get security deposit back (minus deductions)

Option 2: Lease Transfer

  • Find someone to take over your lease
  • Once approved, transfer the lease
  • No penalty if approved

Option 3: Payment Plan

  • Temporary reduced payment or pause (case-by-case)

Unlike a loan, leasing gives you an exit. We'll work with you to find a solution.

Is the advance rental really refundable?

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Yes, it's a security deposit (without interest).

  • Pay advance rental upfront (3–6 months)
  • Held as security against damages, late payments, or early termination
  • Returned in full if terms are fulfilled
  • Deductions only for actual damages or pending payments

Your money is returned when you return the car in good condition.

Contacts

Reach us at:

AG 5, Block G, Sector 42, Noida, Uttar Pradesh, 201301

India

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