Skoda has launched a new buy-back scheme called ‘EasyBuy’ for all variants of its flagship sedan, the Superb.

Under the new scheme, prospective customers can enter into a three-year contract with the company, at the end of which they are offered an introductory buyback value of 57 percent for their Skoda Superb. Apart from the assured buyback, Skoda is also offering 100 percent financing options along with lower rates of EMIs – up to 40 percent lower – as compared to Skoda’s regular finance schemes.

Skoda says that at the end of three years, owners can choose to renew the contract, pay-off any outstanding dues and retain ownership or return the vehicle to the dealership. The company has also said that the buyback value of the Superb can also be used as equity to purchase a new car from one of its dealerships as well.

“Skoda has built its brand on clever offerings and a strong value proposition. In addition to offering a premium product, the ‘EasyBuy’ program is a unique initiative that further emphasizes the brands effort to understand customer needs while providing them with a hassle free ownership experience,” said Zac Hollis, Director – Sales, Service, and Marketing, Škoda Auto India Pvt Ltd.

The new ‘EasyBuy’ scheme is available only through Skoda Financial Services.

Earlier in the year, Skoda tied-up with Orix Auto Infrastructure Services to offer customers leasing options for up to 5 years. Potential customers in eight Indian cities – Delhi, Mumbai, Pune, Ahmedabad, Bengaluru, Chennai, Kolkata and Hyderabad – can make monthly payments to lease a Skoda car or SUV.

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