Key Takeaways
- Kia India's Assured Buyback Programme provides a guaranteed resale value for eligible vehicles.
- The programme covers a wide range of vehicles, including compact SUVs, larger family cars, and electric models.
- Customers can sign up for the programme through authorized Kia dealerships at the time of vehicle purchase.
What is the Kia Assured Buyback Programme
Kia India has expanded its Assured Buyback Programme to include more locally manufactured vehicles, covering multiple powertrain options.
The programme applies to the Sonet, Syros, Seltos, Carens, Carens Clavis, and Sorento, but excludes the Carnival luxury MPV.
Who is eligible for the Kia Buyback Programme
Eligible customers can receive an assured residual value of up to 75% for internal combustion engine (ICE) models and up to 70% for electric vehicles after three years.
The final payout figure depends on the specific plan chosen and its individual terms.
By the numbers
- Up to 75% residual value for ICE models
- Up to 70% residual value for electric vehicles
- 3, 4, or 5-year plans for ICE models
- 3 or 4-year plans for electric models
- 10,000 km, 15,000 km, or 20,000 km annual mileage tiers
- Maximum distance limit of 1,00,000 km
How to sign up for the Kia Assured Buyback Programme
Customers can easily sign up for the scheme through authorized Kia dealerships at the time of vehicle purchase.
Once the selected tenure finishes, the guaranteed buyback amount is settled according to the predefined contract conditions.
What the Kia Buyback Programme means for customers in India
Kia India says the programme is intended to provide greater certainty about future vehicle value and make ownership planning easier.
Senior Vice President of Sales and Marketing Atul Sood said customers increasingly look for clarity on resale value and upgrading their vehicles.
Which Kia vehicles are covered under the programme
The expanded programme covers several vehicle categories, from compact SUVs to larger family cars and electric models.
Buyers should check the applicable residual value, mileage limits, and other conditions with an authorized Kia dealer before enrolling.
Read also: BMW iX4 Explained: Electric SUV Coupe
Read also: Royal Enfield Flying Flea Expands
Key benefits of the Kia Assured Buyback Programme
The programme provides customers with a guaranteed resale value, reducing the risk of uncertainty when selling their vehicle.
This can help customers plan their finances and make informed decisions about their vehicle ownership.
How the Kia Buyback Programme compares to other manufacturers
Kia India's Assured Buyback Programme is one of the most comprehensive in the market, covering a wide range of vehicles and powertrain options.
Other manufacturers may offer similar programmes, but Kia's programme stands out for its flexibility and transparency.
What to expect from the Kia Buyback Programme in the future
Kia India may continue to expand its Assured Buyback Programme to include more vehicles and powertrain options, providing customers with even more flexibility and certainty.
As the Indian automotive market continues to evolve, programmes like the Kia Assured Buyback Programme will play an increasingly important role in helping customers make informed decisions about their vehicle ownership.
Frequently Asked Questions
What is the Kia Assured Buyback Programme?
The Kia Assured Buyback Programme is a programme that provides a guaranteed resale value for eligible Kia vehicles.
Which Kia vehicles are covered under the programme?
The programme covers several vehicle categories, including compact SUVs, larger family cars, and electric models, such as the Sonet, Syros, Seltos, Carens, Carens Clavis, and Sorento.
How do I sign up for the Kia Assured Buyback Programme?
Customers can sign up for the programme through authorized Kia dealerships at the time of vehicle purchase.
