JLR India has introduced an assured buyback program for customers purchasing select Range Rover, Defender and Discovery models in the country. The new initiative promises assured future value up to 55 percent of the ex-showroom price of the vehicle.Developed specifically for the Indian market, this program combines pre-determined buyback value with advanced financing options. Eligible customers can opt for a flexible ownership period, receiving a guaranteed minimum buyback value at the end of the agreed period, subject to model eligibility, mileage limits and retailer-specific terms and conditions.According to the company, this plan addresses one of the major concerns among luxury car buyers: resale value. By setting a minimum future price at the time of purchase, customers get greater clarity on ownership costs and can plan for future upgrades with more confidence.Commenting on the announcement, Rajan Amba, Managing Director, JLR India, said the program is designed to provide customers with greater confidence by guaranteeing the future value of their vehicle. Apart from assured buyback, JLR India has also introduced advanced financing solutions that offer more flexible monthly payment options. The company says these financing schemes are aimed at improving ownership convenience and making it easier for customers to upgrade to a new JLR vehicle in the future.The Assured Buyback Program will be available through participating authorized JLR dealerships across India. However, the company has clarified that the assured value, ownership period, mileage limit and eligibility criteria may vary depending on the model and retailer.Stay connected to TOI Auto for latest updates on the automotive sector and follow us on our social media handles on Facebook, Instagram and Xpress.
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