Last update 4. November 2021 Reading time 2:23 min
About Myles Zero
Myles Zero is a largely corporate-focused car subscription service, with offers on multiple vehicles, a drop-off service and the option to book unscheduled maintenance. The minimum term is 6 months on any vehicle. The Myles Zero service is currently available in 12 of India’s main cities. Individuals can use the service too, but it is on the same 6-month minimum term. Vehicles range from brand-new to used, and you can select a mileage limit before subscribing. Typically, this is between 1,000 and 3,000 kilometres per month. Myles Zero is an arm of car rental company Myles Cars, based in Delhi.
How it works
Using the Myles Zero service is simple:
- Request a demo of the service through the Myles Zero site
- Select your vehicle(s), subscription terms and mileage limits
- Upload your documentation – PAN card, driving license, proof of address / Adhar card
- Arrange delivery of the vehicle
Insurance, maintenance and roadside assistance area included, and you can opt for a pick-up and drop-off service too. Your deposit is refundable and equal to the amount of one month’s subscription, which varies depending on car and subscription tier. You will also need to sign an agreement and set up a standing order for monthly payment.
Costs and fees
There is no down payment required, nor do you need to pay above the cost of the subscription if you break down, have a maintenance issue, or need to return the car early (although you will need to pay the value of the shortest possible subscription length within your bracket).
The refundable security deposit is equal to one month’s subscription, and there are four tiers available, depending on whether you want a flexible or a fixed subscription. With regards to vehicle costs:
- For a small hatchback like a Tiago Revotron, the cost starts at around 13,000 INR per month
- For more luxury vehicles like a BMW 3-series, the cost is in excess of 100,000 INR per month
- In several cities, only MGs are available (however, larger cities like Mumbai offer Mahindra, Hyundai, Kia, and BMW too.
Brands and models
Myles Zero started in partnership with MG, so several of the cities the service covers only offer MG vehicles – varieties of the Hector model. In other cities:
- Hyundai i10 Grand
- Mahindra Marazzo M2
- Kia Seltos
- BMW 320 D (LCI)
are also available.
You can return your vehicle at any time, but you must complete the payment schedule for the period you have previously agreed if it is a 6-month term. If you are on an 18-month contract though, for example, you can return the vehicle after 6 or 12 months and only pay as if that was the subscription length you had signed up to.
What is special about Myles Zero?
Myles Zero is aimed at businesses and individuals with terms and lengths to match. On the corporate side, you can upgrade your subscription to include unscheduled maintenance, a tire and batter replacement service, pick up and drop off, and even a courtesy vehicle should yours be out of action for any reason. The service is centred mainly on MG vehicles, which sets it apart from its competitors, who tend to focus more on Mahindra, Hyundai, and the main brands. There is also the option to get hold of a BMW 3-series if you are in Mumbai, which is quite unusual in the subscription market.
Myles Zero offer a small range of cars with a lower national coverage than some competitors, but the range is slightly different from the majority of other subscription companies, with higher end vehicles to suit corporate environments. The minimum term is long at 6 months, but again, this suits corporate needs. The tailored subscription also offers a bit of variety for a range of corporate settings, and the appearance of the BMW 3 series on the Mumbai list is certainly something to attract higher profile businesses looking for a smarter subscription service.