
KEY HIGHLIGHTS
- Lexus India launches buyback scheme for NX, ES, and RX
- Lexus offering 8 years/1,60,000 km of warranty
- Understand what is a buyback
Lexus India, the premium car manufacturer, has today launched an assured buyback finance option under the campaign called 'Lexus Promise'. This offers a gateway to own models like the NS, ES, and RX. Additionally, the campaign includes an 8-year warranty, luxury care, and a smart ownership plan. Learn more about it below - and don't forget to join our 91Wheels Whatsapp Channel to never miss any automotive updates.
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Lexus India

Before getting into the details, here's a quick note on what a buyback is: it's a guarantee from the brand to purchase your vehicle back at a set price in the future. If you buy a vehicle under a buyback program, you can choose how long you want to keep the car, and the automaker will provide a guaranteed resale value for that period. This price remains unaffected by market trends or minor fluctuations in the automobile industry.
Also, with this program, the EMIs are comparatively low due to the reduced interest rate. At the end of the cycle, Lexus offers the option to upgrade your ride, allowing guests to drive a new Lexus every three to five years. In essence, this is a smart way to change your luxury car every 3 to 5 years without breaking the bank. Lastly, this program is applicable only to the NX, RX, and ES models.

Commenting on the initiative, Hikaru Ikeuchi, President, Lexus India, said, "We are thrilled to announce the new Smart Ownership Plan under the Lexus Promise, which represents our strong commitment to the Indian market. Guided by the spirit of Omotenashi - our unique approach to anticipating and fulfilling our guests' needs - this plan goes beyond delivering luxury, offering true peace of mind and convenience. It reflects the evolving aspirations of our guests, especially those seeking financial flexibility along with premium experiences. This forward-looking initiative is designed to deliver an amazing ownership experience - one that is not only desirable, but also smart, accessible, and a true reflection of the Lexus Promise.
Last important announcement is - Lexus India has come up with 8 years/1,60,000 km vehicle warranty for all models sold from 1st June, 2024. Also, they have come up with flexible and unique Lexus Luxury Care service package which includes Comfort, Relax and Premiere options that are available in 3 years / 60,000 Km or 5 years / 100,000 Km or 8 years / 160,000 Km. This service package provides guest with multiple offerings further delighting them.
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Verdict
Lexus is the latest entrant to the group of automakers providing this special value-for-money scheme that allows customers to own premium cars. Mercedes, BMW, MG, and Honda are the other brands that offer a buyback scheme. This truly redefines luxury car ownership with enhanced affordability and flexibility. For more details, contact Lexus dealers.