Kia entered the Indian market with the Seltos and the car went on to become one of the highest selling SUVs in the country. A feature-rich cabin and refined BS6 complaint engine options worked in the favour of the Seltos to help achieve such high sales numbers. However, with the competition from rivals rising steadily, the brand now plans to take on the market with its innovative ideas and schemes. To start with, a dealer has started Kia Seltos Buy Back scheme in the country and we bring you the exclusive article with a detailed explanation of the scheme.
Under the Kia Seltos buyback scheme by the dealer, customers will get a fixed resale value if they sell the vehicle back to the brand after three, four, or five years. The details of the resale value of the Seltos after three years is given below in the table.
Resale Value | |
3 Years | 60 percent of the original value |
4 Years | 55 percent of the original value |
5 Years | 55 percent of the original value |
However, it is worth noting the fact that there are some conditions that the customer has to fulfil in order to avail the scheme. Also, customers can sell the vehicle only after 3 years, and the scheme remains valid until 5 years from the date of billing of the car.
Terms And Conditions
1. Maximum Mileage
As per the scheme, Kia has put a maximum limit on the mileage of the car to make it eligible for Kia Seltos. As per the conditions, a three-year-old car must have not crossed 45,000 kilometres mark on the odo while maximum mileage limit for a four-year-old car is 55,000 km. Similarly, the maximum limit for a 5-year-old car is 70,000 km.
Maximum Mileage | |
3 Years | 45,000 km |
4 years | 55,000 km |
5 Years | 70,000 km |
2. Kia Preferred Insurance
As per the guidelines, a customer has to get the insurance renewed from Kia every year until he/she decides to sell the vehicle under this scheme. If the insurance is renewed from an external agent, the terms and conditions of the scheme will be violated the scheme will be terminated for the customer by Kia.
3. Service At Kia Authorised Dealerships
The regular service and maintenance of the vehicle should be carried at the Kia Authorised Dealerships. Any car which is not serviced at regular intervals at Kia after-sales support centre will not be eligible for the scheme.
4. Accidental Repairs
Any car which has undergone repairs after an accident will not be eligible for the scheme.
Read Also: 2020 Kia Seltos Feature Changes Confirmed; The Car Now Gets Additional Standard features
With this being said, we do believe that the Kia Seltos Buy Back scheme is one of the most innovative ways to push the sales figures which we have seen so far. Share your thoughts about the Kia Seltos Buy Back scheme in the comment box below. Also, join our 91 Wheels Auto Whatsapp group. ( click on the link via mobile to join)