NE BUSINESS BUREAU
CHENNAI, OCT 16
Royal Enfield, global leader in the mid-size (250cc-750cc) motorcycle segment, on Monday announced launching an innovative and first-of-its-kind programme in the motorcycle industry – the Assured Buyback Program with OTO Capital.
Launched under the company’s brand-led consumer experience programme and introduced with an objective of ensuring a smooth and seamless ownership experience for customers, this initiative establishes a new industry standard, reshaping the traditional motorcycle buying process, and thereby with a potential to further grow and develop the mid-size motorcycle segment in India, says a release.
- A first-of-its-kind initiative in the industry, Royal Enfield launched the scheme in partnership with OTO Capital
- Programme aims to reduce cost of ownership, ease entry barriers and create a hassle-free ownership experience
Commenting on the launch, B Govindarajan, CEO – Royal Enfield, said, “At Royal Enfield we always prioritise the customer. Right from the stage of motorcycle conception and development, all the way to designing in-store and in-use consumer experience, we always endeavour to create what consumers want. The Assured Buyback Program shows our commitment to making motorcycle ownership more seamless, more accessible and more fun for potential riders. Offering a first-of-its-kind, innovative solution, this programme is designed as a promise to consumers for complete peace-of-mind, so they can absolutely enjoy a pure motorcycling experience with Royal Enfield”.
Salient features of ‘Assured Buyback Programme’
The Assured Buyback Programme of OTO Capital offers a completely hassle-free journey for the consumer, thereby enhancing accessibility and easing upgrades to Royal Enfield motorcycles. With flexible tenure options spanning from 1-3 years, up to 45% lower EMIs, guaranteed buyback value of up to 77% depending on the tenure, and coupled with a cash back incentive at the end of the tenure, this initiative is a first-of-its kind in the industry.
At the end of the Assured Buyback tenure, customers will have multiple options to choose from. They can opt for either trading their motorcycle for a new Royal Enfield motorcycle, retain, or return their motorcycle. The biggest advantage for the customer is lower monthly EMIs along with a guaranteed buy back value of their Royal Enfield motorcycle.
To begin with, this offer will be available across dealerships in 12 cities: Delhi, Ghaziabad, Noida, Lucknow, Jaipur, Bhopal, Indore, Ahmedabad, Pune, Hyderabad, Bengaluru, and Chennai; and will be expanded to more cities in near future.
For more information about the offer: www.royalenfield.com/assured-buyback/
