- Kia India’s scheme offers up to 75% resale value guarantee for ICE cars after 3 years.
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Up to 70% guaranteed resale value for electric vehicles, subject to applicable terms and conditions.
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Various duration and mileage options are offered for Sonet, Ciros, New Seltos, Carens and other select models.
Kia India, the country’s leading mass-premium automaker, has officially announced the extension of the ‘Assured Buyback Programme’ across its ICE, Hybrid and EV portfolio. This initiative makes it easier and more convenient for customers to replace or upgrade their vehicle by assuring the future value of their vehicle.
Under this extended program, eligible customers can avail assured residual value (resale value) of up to 75 percent for ICE models and 70 percent for EV models over a period of 3 years. As the guaranteed future value of the vehicle is determined at the time of purchase, consumers will be able to plan their vehicle ownership journey with greater transparency and confidence.
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Kia India’s flagship models Sonet, Ciros, New Seltos, Carens, Carens Clavis and Sorento are covered under this program and will be applicable on all available powertrain options like Petrol, Diesel, CNG, Hybrid and EV. Flexible tenure options of 3, 4 or 5 years for ICE models and 3 or 4 years for EV models are offered considering the various needs of customers. Along with this, annual mileage options of 10,000 km, 15,000 km or 20,000 km are available, covering up to 100,000 km of travel over the total ownership period.
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Atul Sood, Senior Vice President, Sales & Marketing, Kia India said*, “Buying a vehicle is a long-term decision and customers look for certainty in terms of future resale value and ease of upgrade. We are strengthening customer confidence by guaranteeing industry-best resale value (resale value) of up to 75 percent on ICE and up to 70 percent for EV over 3 years. This demonstrates our commitment to provide consistent value from the first purchase to the next exchange or upgrade.”
The program will be made available through all authorized Kia dealer partners. Eligible customers can enroll in this scheme as per the applicable criteria while purchasing a new vehicle and avail the assured buyback value at the end of the selected period as per the terms and conditions.