As the prices for two-wheelers hit an increase due to mandatory third-party insurance cover starting October, Bajaj Auto, in a bud to lure customer this festive season has introduced an interesting 5-5-5 scheme for its select products.
Under this new scheme, buyers of the Bajaj Pulsar, Discover, CT100, Platina and V series are going to get free 5 years of own damage insurance, 5 free services and 5 years of free warranty.
The said scheme is going to commence from 5th October onwards across all Bajaj dealership in India. These offers will be available to the customers at no additional costs.
One of the main highlights of these benefits of this offer is five years of free own damage insurance cover for customers buying a Platina, Discover, Pulsar or V range of motorcycles. In addition to this, buyers of CT100, Platina, Discover, V, Pulsar are going to get other benefits of the offer which includes adding two free services
Furthermore, customers of any Bajaj motorcycle in this period get a free five-year warranty package. Customers purchasing these bikes from 5th October 2018 would effectively get huge savings of ranging up-to Rs 9,800 on Pulsars, Rs 5,200 on Bajaj V’s, Rs 4,800 on Discover and Rs 4,100 on Platina.
Commenting on the announcement; Mr Eric Vas, President, Motorcycle Business, Bajaj Auto said; “Motorcycle on-road prices have gone up by at least Rs 6000/- due to the increase in insurance cost. We wanted to cushion this cost for our customers by absorbing the cost of own damage insurance for the first year and extending this benefit by covering him for the next 4 years. Bajaj Auto is the first in the industry to introduce such an offer through the 5-5-5 scheme. This offer makes it even easier to own a Bajaj Motorcycle and provides our customers with another reason to celebrate this festive season.”
He further commented, “We are confident that these new customer-centric schemes will help boost our sales this festive season.”
Recently, the Supreme Court of India made an increase in the duration for third-party insurance for motorcycles and two-wheelers. This increase in the duration of insurance cover and also for the accident covert up to 15 lakhs has led to a significant increase in the prices of two-wheelers in India.
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