MG EV Buy Back Program: MG dominates the market! Such a buyback plan on electric cars, customers are happy; About shopping

• JSW MG Electric Car
• JSW MG Electric Car Buyback Plan
• Find out what the scheme will look like

JSW By MG Motor India It has launched an assured buy-back program for its electric vehicles that will greatly benefit its customers. MG has launched an assured buy-back program for its EVs, which guarantees customers the return of the purchase price of their MG EV for a period of 3 to 5 years at a fixed price, which is 40 to 60 percent of the purchase price. JSW MG Motor India has five electric cars in the Indian market: Windsor, Comet, ZS, M9 and Cyberster, with ex-showroom prices ranging from ₹7.50 lakh to ₹7.5 million.

Freedom from resale value concerns

This is the first time in India that a car company is offering a guaranteed buy-back program for its electric vehicles for such a long period. The program aims to alleviate the concerns of consumers who are concerned about the future resale value of their EVs when purchasing them. Now, they won’t have to worry about how much their EVs will sell for in a few years. This program is offered with the support of Lockton India Insurance and in partnership with Juno General Insurance.

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What are the benefits?

Under the Assured Buy-Back Program of JSW MG Motor, MG EV Owners can sell their vehicle back after 3, 4 or 5 years at a fixed price. This fixed cost can range from 40% to 60% of the purchase price of the vehicle. This percentage will depend on the plan chosen. It is important to note that this assured buy-back program is not only for private customers but also applies to the commercial fleet of MG EVs. This means that companies that buy MG electric cars for their business can also avail this buy-back facility.

Buy-back now after BaaS and Lifetime Warranty

Anurag Mehra, Managing Director, JSW MG Motor India Said that as a customer-centric brand, MG has always been committed to such initiatives. Features like battery-as-a-service and lifetime warranty on EV batteries will play a key role in attracting consumers to EVs, freeing them from resale value concerns. This is a first of its kind event in the mass EV segment in India. It is not linked to any finance or loan plan, meaning customers can choose it as per their convenience. This facility means that customers can return, return or exchange their vehicle.

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