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Exchange bike for a car

Last Updated 30 July 2010, 16:12 IST

 Now a car dealer in Bangalore has extended the exchenage offer to bikes. Under a new scheme launched by Kropex Chevrolet, customers can exchange their old bikes in return for a brand new Chevrolet spark.

Since riding a bike in the monsoon season is riskier due to rain, Kropex Chevrolet thought it was a good time to start the bike exchange offer. Under the scheme customers’ bikes are put through an evaluation process to determine its value, said Kropex India Limited Director Vanik Sachdeva. He added that the amount that the bike is valued at, would be considered as a down payment for booking the car. In case, the value of the bike is less than the required booking amount, the buyer is required to pay the balance in cash.

Kropex is also having tie-ups with financial institutions for car loan facility. Once the loan is approved, Kropex claimed it would deliver the car within 2 to 4 days. Sachdeva said that since Spark requires very low maintenance, its manufacturer General Motors offers 3 year/45,000 kilometres free-maintenance package.

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(Published 30 July 2010, 16:07 IST)

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