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
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
| 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.
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.
Calculate Your Savings
EMI vs AMP — see what actually costs less
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:
(₹1,13,405 − ₹34,022 tax benefit)
- → 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.
What if the battery dies or range drops significantly?
+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.
Why is the lease amount almost the same as an EMI?
+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
Can I upgrade to a newer model mid-lease?
+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?
+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?
+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?
+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?
+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