Lexus introduces buyback program and additional services on completion of 5 years in India

The buyback program for the ES 300h promises to offer one of the highest buyback prices in the luxury car market with 60 percent residual value.


Lexus introduces buyback program and additional services on completion of 5 years in India

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Lexus is offering a buyback scheme for the ES 300h.

Lexus India completes five years in our country and to celebrate the occasion, it has announced a new buyback program starting with the Lexus ES 300h, as well as a loyalty program under the ‘Lexus Life’ initiative. as well. The buyback program for the ES 300h promises to offer one of the highest buyback prices in the luxury car market with 60 percent residual value. Under this program, Lexus will offer the best low-cost finance options and residual value for its cars. The loyalty program will primarily benefit existing Lexus owners for their next purchase under their umbrella and will offer a range of packages, including service packages. That said, we’re yet to get clarity on whether the buyback program applies to other models as well.

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Lexus is also offering curated plans.

Naveen Soni, President, Lexus India, said, “Celebrating 5 years of Lexus in India with the launch of the Buyback Promise scheme for the Lexus ES300h as well as the Lexus loyalty scheme, we want to strengthen our guests’ trust in Lexus. The timing reflects our belief in Lexus cars and our strong commitment to the Indian market. In this new era, consumers are more aware of their purchases, and we are crafting the best for them.”

Read also: 2022 Lexus NX 350h Launched in India

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The Lexus Life program was launched in 2021 and as part of this special program Lexus gives new ownership benefits through the ‘Lexus Ownership Portfolio’ that includes a range of curated plans for finance, service, warranties, insurance and roadside assistance. In addition, Lexus India has also introduced the ‘Lexus Pre-Owned’ platform for its used car customers, while existing customers will have the option to trade in and upgrade their Lexus cars with the new model. It also introduced ‘Lexus Leasing’ which is designed to enhance the ease of experiencing Lexus in partnership with Lexus Financial Services’ Kinto.

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