Spinny – a complete online-to-offline retail platform for buying and selling used cars – today announced the introduction of its Buyback programme. Buyers of preowned or used cars can commit less but get more as each assured car comes without the worry of long-term ownership costs. This simple way of owning a car is backed by assured future resale value for the car at the time of purchase.
The buyback benefits comprise of flexible ownership tenures, easy upgrade, guaranteed future value with transparent and fair pricing – which the company is fast becoming synonymous with, owing to the trust earned from 10,000-plus satisfied customers. This makes owning a Spinny Assured car a more reassuring decision without the worry of long-term depreciation – while being economical than any subscription service.
The additional advantage that comes with buying one’s car is freedom of choice. Thereby, customers can own a model they have always aspired for, in a colour of their choice, with a transmission they prefer and for a tenure of their choosing. At any given time during the tenure, users can opt to for an upgrade – or return it for the assured buyback value of 6, 12 or 18 months.
Elaborating on the Buyback programme, Niraj Singh, CEO & Founder, Spinny said: “Given the social distancing norms and allied lockdown restrictions, customers realise that public transport is no longer a safe or in-demand option. More than a lifestyle choice, owning a car is now a need for the urban household. Considering the uncertain economic environment, customers are either unwilling or unable to make the requisite investment in purchasing a new car. Understanding the predicament of aspiring buyers, Spinny has introduced an innovative buyback programme for cars across segments. Thereby, customers can purchase a preowned car with the assurance of a future buyback value. Through this programme, customers have multiple options, including upgrading, exchanging or returning the car.”
Due to the ongoing liquidity crunch, customers are evaluating all options from buying a preowned car to subscriptions or renting cars. Nonetheless, young customers and their families understand the emotional satisfaction from owning a car along with the tremendous reliability and peace of mind that comes with it. Thereby, in the long run, for aspiring car buyers the buyback programme is more beneficial than any conventional car subscription scheme – without any restrictions, more economical pricing and the freedom from company policies such as limited mileage or interstate travel. Undoubtedly, an assured future value at the time of purchase is irresistible for preowned car buyers. Equally, it affirms the confidence the brand has in the quality, pricing and reliability of its cars. One could own a 2015 top-spec premium hatchback at a monthly cost of Rs. 8,333 approx only.
In times of uncertainty, Spinny is proving to be the most trusted way of buying and selling preowned cars. Customers can choose from 1,200-plus fully-inspected cars listed on the website. Following this, the customer takes a Contactless Home Test Drive of a fully sanitised car that comes with a safety kit. After finalisation, the car is delivered at the customer’s doorstep. Moreover, a no-questions-asked 5-days money-back guarantee and free 1-year comprehensive service warranty come standard with each assured car.