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Ather Scooters Are Now More Affordable

Prices of both electric scooters have been reduced by nearly Rs 9,000

Ather Scooters Are Now More Affordable
Ather Scooters Are Now More Affordable
outlookindia.com
2019-08-03T13:07:00+05:30

Owning an electric vehicle has become more affordable as the Indian government has reduced the GST rates on EVs from 12 to 5 per cent. As a result of this move, Ather has been able to reduce the on-road prices of its scooters in both cities that it currently sells in. You can now buy the 450 for Rs 1.13 lakh in Bangalore and Rs 1.22 lakh in Chennai, while the 340 is now priced at Rs 1.02 lakh and Rs 1.10 lakh in each city respectively. The reduction in GST has roughly translated to a saving of Rs 9,000.

The reduction in the overall pricing still does not change the fact that the Ather scooters are premium offerings. However, as an early adopter for future tech, this does ease the burden on them. Ather is still working on the updated leasing options for the two scooters in both cities. But we expect only a slight drop in monthly charges.

Here’s what the company’s official press release states:

Ather scooters now available at lower price point post GST rate reduction

  • Prices drop by INR 9000 for the Ather 450

The reduced GST rate on electric vehicles from 12% to 5% is applicable across all FAME II certified EVs including Ather scooters – Ather 340 and Ather 450.

The new on road price for Ather scooters are as below

 

At present, Ather scooters are available in Bengaluru and Chennai. Ather plans to begin operations in other major cities like Mumbai, Hyderabad, Delhi NCR, Pune and 30 other cities by 2023.

Item

Bangalore

     

Chennai

     

Ather 340

 

Ather 450

 

Ather 340

 

Ather 450

 

Rate

Value

Rate

Value

Rate

Value

Rate

Value

Accessible value (Ex - Factory)

   

₹114,090

 

₹127,293

 

₹117,090

 

₹130,293

                   

+

GST

5.0%

₹5,705

5.0%

₹6,365

5.0%

₹5,855

5.0%

₹6,515

Ex Showroom price (w/o Subsidy)

   

₹119,795

 

₹133,658

 

₹122,945

 

₹136,808

                   

+

Road tax (KA 0%, TN 4%)

0.0%

₹0

0.0%

₹0

4.0%

₹4,918

4.0%

₹5,472

+

Smart card fee & RTO registration

Fixed

₹511

Fixed

₹511

Fixed

₹600

Fixed

₹600

+

RTO - Road safety tax

Fixed

₹500

Fixed

₹500

Fixed

₹250

Fixed

₹250

+

Insurance (Indicative)

Fixed

₹5,613

Fixed

₹5,778

Fixed

₹5,690

Fixed

₹5,826

On-road price (without Subsidy)

   

₹126,419

 

₹140,447

 

₹134,402

 

₹148,956

                   

(-)

Govt of India FAME Incentive

Fixed

-₹23,959

Fixed

-₹26,732

Fixed

-₹23,959

Fixed

-₹26,732

On Road Price (With Subsidy)

   

₹102,460

 

₹113,715

 

₹110,443

 

₹122,224

 


Source: zigwheels.com

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