For vehicle owners
Fleet Programme
Under the Fleet Programme you are the Lessor: you own and finance the vehicle and lease it to Ride91. As Lessee, Ride91 deploys, operates and maintains it across its commercial network. It is a commercial vehicle lease, not an investment, deposit, or securities product.
How it works
A commercial lease, operated end to end.
- 1
You own the vehicle
As the Lessor, the vehicle is acquired, financed and registered in your name, and remains yours throughout the lease term.
- 2
Ride91 leases and operates it
As Lessee, Ride91 deploys, insures, maintains and runs the vehicle, and pays a Fixed Monthly Lease Component under the Lease Agreement.
- 3
End-of-term vehicle transfer
At the end of the lease term, ownership transfers to Ride91 under a separate Buyback Agreement for an agreed residual value.
Select a vehicle for the programme
- Operational
Tata Xpres-T EV
Airport mobility, Ahmedabad
- Operational
Citroën ë-C3
City rides, Pune and Goa
- Planned
MG ZS EV
Premium transfers, Goa
- Planned
Kia Carens
Corporate mobility, Ahmedabad
Showing 4 of 4 vehicles. Final terms are set out in the brochure and in the executed agreements.
Lease breakdown
Who covers what.
You, as the Lessor
- Acquires and finances the vehicle
- Holds the registration in their name
- Owns the vehicle through the lease term
Ride91, as the Lessee
- Deploys, operates and runs the vehicle
- Insures and maintains it
- Pays a Fixed Monthly Lease Component under the Lease Agreement
- Handles TDS and GST
Safeguards
What protects the arrangement.
Primary and backup GPS tracking
Vehicle security for the asset you own.
Registered in your name
Vehicle registration stays in the Lessor's name.
TDS and GST handled by Ride91
Tax compliance on the lease is handled by Ride91.
Written agreements
Governed by the Lease Agreement, Buyback Agreement and Charger Infrastructure Agreement.
Request the brochure
The brochure sets out the full commercial terms, the funding structure and a personalised illustration. Enquire to begin.
Questions
Common questions about the Fleet Programme.
Is this an investment?
No. It's a commercial vehicle lease. You are the Lessor: you own and finance the vehicle and lease it to Ride91, which operates it. It is not an investment, deposit, or securities offering, and nothing about it promises a return or guaranteed outcome.
Who owns the vehicle?
You do. It's registered and financed in your name as the Lessor throughout the lease term. At the end of the term, ownership transfers to Ride91 under a separate Buyback Agreement.
Where can I see the commercial terms?
All commercial detail, including the lease structure, funding and process, plus a personalised illustration, is set out in the brochure. Request it through the enquiry form and we'll send it across. We always recommend independent legal and tax advice before you commit.
Ride91 Green Mobility Pvt Ltd · CIN U49224GA2024PTC016756
Contact
Start a conversation.
Message us on WhatsApp or write to us by email, and we’ll send the brochure if you’d like it.
Enquiries and Fleet Programme
Registered office
Shop no. O-401 Rosinha Enclave, Fr. Miranda Road, Margao, South Goa, Salcette, Goa, India, 403601