Royal Enfield launches assured buyback programme in partnership with OTO Capital

The biggest advantage for the customer is lower monthly EMIs along with a guaranteed buy back value of their Royal Enfield motorcycle.

Autocar Pro News Desk By Autocar Pro News Desk calendar 16 Oct 2023 Views icon13837 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Royal Enfield launches assured buyback programme in partnership with OTO Capital

Royal Enfield today announced the launch of an innovative and first-of-its-kind programme in the motorcycle industry - the Assured Buyback Program with OTO Capital. 

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 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 programme 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.

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," he added. 

 


 

RELATED ARTICLES
New Toyota rugged SUV to enter production by year end

auther Autocar Pro News Desk calendar26 Jul 2024

Will share platform, powertrain with Fortuner.

Good news for electric 2-wheeler buyers as govt extends EMPS scheme

auther Autocar Pro News Desk calendar26 Jul 2024

EMPS, which was originally set to conclude on July 31, 2024, will now run until September 30, 2024. Additionally, the go...

BMW looks at introducing LWB SUVs in India

auther Autocar Pro News Desk calendar26 Jul 2024

BMW has three LWB sedans in India currently.