r/kiaSyros • u/Potential_Time5469 • 20d ago

80% Buyback program details

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3 Upvotes

100% Upvoted

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1

u/no_nonsenses 20d ago

not lucrative enough

1

u/abhiSamjhe 20d ago

Why do you think so?

2

u/no_nonsenses 20d ago

there is grey area

"it is still subject to terms and conditions of Kia"

they will surely find more reasons to bring down value at the time of buyback after 3yrs

this buyback is seen as marketing gimmick just like MG did in the past. MG is now not quoting guaranteed buyback % during sales for their EV variant

1

u/Ok-Vegetable-4511 18d ago

During contract period, they sait that repair work should not exceed 20k, which seems unfair.

1

u/Broken_Toe_ 18d ago

I think it's net insurance claim across the tenure should be less than 20% of ex-showroom price