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Maruti Suzuki Petrol Price Hike Protection Scheme

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Maruti Suzuki Petrol Price Hike Protection Scheme

by Abhishek Chaliha

Posted on 12 Jun 2012

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The country's biggest passenger car maker devises a scheme to protect car buyers from petrol price hikes for a year from purchase

Following the biggest ever petrol price hike in India, car makers are struggling to sell petrol powered cars. The country’s largest passenger car maker, Maruti Suzuki, has rolled out the ‘Maruti Suzuki Petrol Price Hike Protection Scheme’ that will cover any hike in petrol prices between May 1, 2012 and May 1, 2013 for customers who buy a petrol Maruti Suzuki car.

The scheme will cover hike in petrol prices for a year or 12,000km (whichever is earlier) from the date of purchase of the vehicle.

The Maruti Suzuki Petrol Price Hike Protection Scheme is valid till June 30, 2012.

The scheme will take into consideration any price hike between May 1, 2012 and May 1, 2013 and will cover any hike in petrol prices up to Rs 10 per litre of petrol within the period. What this means is that any hike (up to Rs 10) in petrol prices over Rs 65.64 (New Delhi petrol price as on May 1, 2012) till May 1, 2013 will be borne by Maruti Suzuki for petrol cars sold under the scheme.

Hyundai, too, had introduced a Petrol Price Lock Assurance program for customers of the Santro and i10 in May. The program offers 360-degree services to Hyundai customers ranging from maintenance to roadside assistance.

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Himanshu

Is there any scheme for existing owners?

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Russel Peter

They are covering 12,000 rupees, assuming a large car say SX4 on an average gives 10km/litre. With caps such as 12,000 KM and max of Rs 10 per litre its useless

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mvh

Give me a cash discount instead :P

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NILAMKUMAR BUCH

Petrol price is likely to fall as crude is softening. Such schemes are absurd, customers can benefit not more than Rs. 8000 for the models covered in the scheme.

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ShumanHi

Yes, sell it off.

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Maruti Suzuki Petrol Price Hike Protection Scheme

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