Motorcycle maker Royal Enfield has introduced an assured buyback programme with OTO Capital. The scheme will offer flexible tenure options spanning 1-3 years, up to 45 per cent lower EMIs, guaranteed buyback value of up to 77 per cent depending on the tenure, and cash back incentive at the end of the tenure, according to a statement.
At the end of the assured buyback tenure, customers will have multiple options. They can either trade their motorcycle for a new Royal Enfield motorcycle, retain it, or return it. The biggest advantage for the customer is lower monthly EMIs, and a guaranteed buy back value of their Royal Enfield bike.
“The assured buyback programme is a first-of-its-kind, innovative solution; this programme is designed as a promise to consumers for complete peace-of-mind, said B Govindarajan, CEO, Royal Enfield.
To begin with, this scheme will be available across dealerships in 12 cities: Delhi, Ghaziabad, Noida, Lucknow, Jaipur, Bhopal, Indore, Ahmedabad, Pune, Hyderabad, Bengaluru, and Chennai; and will expand to more cities in the near future.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.