Companies are offering several schemes to avoid slowdown, know buyback offer
Companies are offering several schemes to avoid slowdown, know buyback offer
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Anurag bought the premium SUV Mahindra Alturas a few days ago with his choice, but he has no tension of the resale value of such an expensive vehicle as the company has given him a special offer, In which, if the vehicle is kept for three years or 30 thousand km, the company will buyback by paying 57 percent of the price. Nowadays, Indian car companies are also offering buybacks like foreign brands. Let's know in full detail

26-year-old Anurag says that after hearing the offer, he was initially hesitant, but this buyback offer from Mahindra gave me the courage to buy a car worth Rs 35 lakh. At the same time, Honda is also offering buyback on some of its cars. The company is offering 52 percent buyback on the three-year-old Honda CR-V.

For your information, the car companies, which are suffering from the recession, are bringing new schemes to entice customers to the new models so that the sales of their vehicles will continue. There is usually a trend that customers change the vehicle in three to five years. Due to this, customers do not have any problem or fear that the car will not sell after three years. Because in the buyback scheme it is easy for the company to return the car. In the month of July, there was a 31 percent decline in sales of passenger vehicles, which is considered to be the lowest in the last 19 years. Due to which there has been a crisis on jobs in the auto sector. But the buyback feature can give some relief to car companies in fighting the recession, plus customers will not switch to any other company so soon and keep trust.

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