Buyout Program

The Buyout Program allows subscribers to purchase their vehicles outright. Check out this article for more information on the program and to see if you qualify.

Vehicle buyout is only available to customers who started their subscriptions prior to April 1st, 2024 and have subscribed to a single vehicle with us for 12 months or longer. Eligible customers can find more details on pricing for buying out different vehicles in our Buyout Guide. Buyout price depends on subscription length, with lower the price for longer the subscription.

Please be advised that our vehicle buyout prices are set and we cannot match seasonal discounts or sales that large e-vehicle brands sometimes offer.

If you are eligible to buyout your vehicle, contact support@ridepanda.com for further instructions.

How does swapping a vehicle impact the buyout process?

Swapping to another vehicle will reset the amount of time you’ve been subscribed with us. For example, let’s say you started your subscription with Bike A and have had it for 6 months. At that 6-month mark, you decide to switch to another vehicle, Bike B. When you make the switch to Bike B, you will lose the months you accumulated with Bike A and will start over from 0 with Bike B.

Do I still qualify for buyout if I swapped to another vehicle after April 1st, 2024 even though I subscribed before April 1st, 2024?

If you qualify for the Buyout Program and later switch to another vehicle after April 1, 2024, you will no longer be eligible for the Buyout Program. You will lose all the months accrued with your previous vehicle that qualified you for the program.

This policy applies to subscriptions that started before April 1, 2024, and have used a single vehicle for the entirety of their subscription for 12 months or more.

• Ridepanda Terms & Conditions

• Vehicle Swaps

If you have more questions or need more assistance, please email us at support@ridepanda.com.