Hotline: 1800 102 2007
Hotline: 1800 102 2007
May, 19 2020

Buyback Program Offered for the First Time in Used Two Wheeler Market

CredR is addressing the need for value-for-money privately owned mobility.

By Features Writer
Buyback Program Offered for the First Time in Used Two Wheeler Market

The post-pandemic trend shows a predictable shift in the purchasing habits of customers, from high-value products intended for long term use, to relatively value-for-money products for short to medium term use. This sudden shift is accelerated by socio-economic factors such as current job losses, job insecurity and weak consumer sentiment. There has also been a massive rise in the preference of private-mobility ownership over shared mobility and public transportation, for the fear of virus transmission.

An increase in private ownership of automobiles and the shift to purchasing of value-for-money products have been the two most defining trends, emerging out of the current pandemic situation, that will shape consumer behavior forever. To leverage these trends, CredR, India‘s largest used two-wheeler consumer brand, has launched a two-wheeler buyback program, CredR Buyback Plus, across its showrooms pan India.

Under this two-wheeler buyback program, consumers will receive an assured buyback value for their two-wheelers at the time of purchase. This value can be reclaimed by the customer by selling the purchased two-wheeler back to CredR within the stipulated 12-month window. The two-wheeler Buyback Program will be available to customers across all showrooms in cities such as Bangalore, Delhi-NCR, Jaipur, Sikar, Bhilwara, Kota, Pune and Hyderabad.

Sasidhar Nandigam, Chief Strategy Officer, CredR, “It is our undeterred focus to deliver value-for-money products to our customers, which has been the catalyst for all our product innovations so far and will continue to be in the times to come. The current lockdown situation has created an unprecedented demand for our products and in the process inspired us to create products that can deliver more value for our customers. Our keen business intelligence and pricing algorithms make our price projections highly accurate. In a marketplace that had no preceding concept of standard pricing, we are the first ones to offer something like this.”

He further added that a widespread shift from shared mobility and public transportation to privately-owned mobility will no longer remain a luxury but will become a pressing need. The current wave of consumers are definitely cautious and value-driven and want to safeguard their financial interests, while still having access to quality private-owned mobility. “CredR’s Buyback Program is the cheapest privately-owned mobility product in the market, by a huge margin,” he concluded.

Additionally, buyers would also stand to benefit from CredR’s standard/popular services like Free 6 Months Warranty, Paper Transfer Assistance and 7 Days No-Questions-Asked Protect policy. Riding high on the success of its recently launched program Contactless Doorstep Delivery of Bikes, CredR believes that this new program Buyback Plus will also gain great acceptance amongst its consumers.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • About Us: At DogSpa we love to spoil, treat and pamper..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • During the year 2014, when we started the business considering..
    Locations looking for expansion Haryana
    Establishment year 2014
    Franchising Launch Date 2020
    Investment size Rs. 50lac - 1 Cr.
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Pest Control
    ·         Pestlogic India specializes in pest control..
    Locations looking for expansion Haryana
    Establishment year 2008
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Cosmetics & Beauty Product Stores
    Woloo-Women’s Powder-Room is a hygienic place for women of all..
    Locations looking for expansion Haryana
    Establishment year 2019
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities