E-Paper
Learn true value! No car is be-car
IF YOU ARE planning to abandon your rickety 87-model Maruti-800 on a lonely street as scrap, better pull over and have a re-think! There are chances your car could meet the aspirations of a two-wheeler driver who cannot spend more than Rs 12,000!
“We wouldn’t call it accepting ‘scrap’ from customers”
IF YOU ARE planning to abandon your rickety 87-model Maruti-800 on a lonely street as scrap, better pull over and have a re-think! There are chances your car could meet the aspirations of a two-wheeler driver who cannot spend more than Rs 12,000!
The Maruti True Value—the used car arm of Maruti Udyog Ltd, had been accepting very old Maruti car models in a running condition provided the buyers are willing to upgrade it to a new model affordable to them from the stable of Maruti cars.
During the festive season on October and November this year the largest number of old cars sold were from the Maruti stable with models as old as 1987 sold to customers in the city, automotive industry experts told HT Lucknow Live.
“We wouldn’t call it accepting “scrap” from customers but certainly those cars which are very old but in running
condition at prices as low as even Rs 5,000 under the exchange offer”, says Sanjay Mishra, Manager, KTL (P) Ltd.
He said the old cars are resold by the Maruti True Value through its channel partners after reconditioning them at workshops. Suppose a car is sold to the company for Rs 10,000 by a customer which after being reconditioned is resold for Rs 12,000 which is a bargain for all those aspiring to own a car at the entry level, Mishra said.
“We aren’t thinking of accepting scrap from customers but certainly believe that the government must devise a policy framework wherein old cars which are
abandoned on the streets could go through some kind of an organised scrapping mechanism to move them away from streets”, commented Ravi Bhatia, General Manager (Sales Support), Maruti Udyog Ltd.
“The governments in developed nations have a scrapping policy for old and abandoned cars. We feel why not India adopt such a policy,” he said.
