Tata Motors launches Buyback Assurance scheme; offers 60% value after 3 years

Tata Motors offers buyback assurance; offers 60% after 3 yrs
Tata Motors, to tide over the falling sales, has launched a new scheme or its Manza sedan buyers, who will get back 60 per cent of the purchase value if they re-sell the car to the company after three years.

In a statement, Tata Motors said, "Tata Manza has...introduced the 'Club Class Buyback Assurance'. With the Club Class Buyback Assurance, Tata Motors offers its customers 60 per cent of the purchase price after three years."

Earlier this week, Tata Motors had slashed prices of its Manza range of passenger cars by up to Rs 50,000 in order to prevent falling sales in recent months.

With this, the Manza is now available for Rs 6-8.14 lakh (ex-showroom, Delhi).

Read more about: tata motors
Story first published: Thursday, March 7, 2013, 13:30 [IST]
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