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Hero MotoCorp unveils buyback scheme for scooters

Hero MotoCorp has unveiled a buyback scheme for scooters with plans to cover top-10 markets of India going forward.

The company had launched the scheme BuySurance in Pune, a big scooter market, in March to test the market proposition. It has now also introduced the scheme in two more markets -Delhi and Bengaluru.

Under the scheme, every customer buying new Hero Scooter will receive a guaranteed buyback certificate by used two-wheeler brand CREDR with fixed buyback value matrix in interval of six months over next five years.

Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The company is engaged in the manufacturing and selling of motorized two-wheelers, spare parts and related services.

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