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Skoda India Introduces Superb Buyback Program


Offers an assured introductory buyback value of 57 per cent at the end of a 3-year tenure

  • The program features 40 per cent lower EMIs than conventional schemes.
  • Available with the option of 100 per cent finance for a period of 3 years.
  • The customers can drive the Superb only up to 45,000 km in 3 years.
  • After the tenure, customers can opt to return the car or buy it by paying the outstanding value.
  • Customers can even trade in the Superb for another Skoda model after three years.

Skoda Auto India has launched the EasyBuy buyback program for the Superb range. This scheme aims at making it more accessible to customers with lower EMIs and a lower purchasing cost for the three-year period. Available only through Skoda Financial Services, the scheme even offers 100 per cent finance along with EMIs that are up to Rs 30,000 lower than a normal credit scheme. With this option, customers will have an option to return the car to the dealership after the 3-year loan tenure, getting them 57 per cent value of the car. There is also a wear and tear guideline along with a 15,000 km limit per year, adding up to 45,000 km in 3 years. The customer can also choose to retain ownership of the vehicle by pay the outstanding 57 per cent value to the dealership. 

 

  Classic Credit
SKODA ‘EASYBUY’
Ex-Showroom Price Rs 23,99,000* Rs 23,99,000*
Finance Amount Availed Rs 23,99,000* Rs 23,99,000*
Tenure 3 Years / 36 Months
3 Years / 36 Months
EMI Rs 77,353* Rs 48,663*
Assured Buyback/Future Value N.A. Rs 13,67,430*

*TERMS AND CONDITIONS APPLY

If your ownership experience is going well and you still don't want to buy the car, the scheme also allows you to refinance the vehicle for another contractual term. And the deal just doesn’t end there either. The EasyBuy program even allows the customer to trade in the existing vehicle and use the buyback value as an equity to purchase another Skoda model.

Here is what the press release says:

ŠKODA Auto India introduces ‘EasyBuy’: An Assured Buyback program on the SUPERB model range

  • Exclusively offered through ŠKODA Financial Services, the ‘EasyBuy’ program makes the SUPERB more accessible to customers

  • 'EasyBuy' will provide customers the option to avail up to 100% finance and up to 40% lower EMIs for a period of 3 years

  • ŠKODA 'EasyBuy' program offers an assured introductory buyback value of 57% for a new ŠKODA SUPERB at the end of a 3 year tenure

  • In addition to India's first 4 year Service Care program which includes a 4 year warranty across all products,ŠKODA AUTO India Introduced the 'Shield Plus', a segment first 6 year warranty program

 Mumbai, 19 April 2019: Broadening the spectrum of premium mobility in India, with affordable and accessible solutions, ŠKODA AUTO India announces ‘EasyBuy’, an assured buyback program across the SUPERB model range. This program has been made available exclusively through ŠKODA Financial Services. The ‘EasyBuy’ program will empower the customer to buy a brand new ŠKODA SUPERB at an EMI of a car in lower segment.

ŠKODA 'EasyBuy' program offers an assured introductory buyback value of 57% for a new ŠKODA SUPERB at the end of the three year contract term. At the end of the term, the customer can choose to return the vehicle to the dealer with no further liability subject to the vehicle meets fair wear and tear guidelines along with the kilometre allowance. The program will also allow customers to retain the ownership of the SUPERB by paying off the outstanding amount. Consequently, through this program, the customer can choose to re-finance the SUPERB for another contractual term. ‘EasyBuy’ has a facility to trade in the existing vehicle and use the assured buyback value as equity to purchase an all new ŠKODA.

With tailor-made solutions from ŠKODA Financial Services, you can now avail up to 100% finance and up to 40% lower equated monthly instalments, for a period of three years.

Mr. Zac Hollis, Director – Sales, Service, and Marketing, ŠKODA AUTO IndiaPvt Ltd.“ŠKODA has built its brand on clever offerings and a strong value proposition. In addition to offering a premium product, the ‘EasyBuy’ program is a unique initiative that further emphasizes the brands effort to understand customer needs while providing them with a hassle free ownership experience.’

Mr. Aashish Deshpande – MD & CEO, Volkswagen Finance Pvt Ltd. “With our unique financing solutions coupled with the finesse of ŠKODA Cars, the launch of ‘EasyBuy’ is another step towards offering a one stop solution. One which is tailored to the financial and aspirational requirements of the customers. We are confident that this product will act as a true enabler for customer convenience.”

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