This collaboration addresses concerns associated with the refurbished market by providing a reliable solution focused on vehicle quality, transparency, and customer satisfaction. Ultraviolette, the manufacturer of India's fastest motorcycle, has partnered with DriveX, a digital-first auto tech platform for refurbished two-wheelers, to offer a trade-in program for the F77 MACH 2 electric motorcycle. This partnership allows current two-wheeler owners to trade in their existing vehicles for the F77 MACH 2, with an added incentive of an 8% exchange bonus on trade-in values exceeding INR 1 lakh. The program aims to make the F77 MACH 2 more accessible while expanding the reach of Ultraviolette motorcycles.
DriveX will provide competitive trade-in values and a seamless exchange process, benefiting from Ultraviolette's expanding market presence. Ultraviolette will leverage DriveX's expertise in pre-owned vehicle evaluations and transparent transactions.
What does it signify?
This collaboration addresses concerns associated with the refurbished market by providing a reliable solution focused on vehicle quality, transparency, and customer satisfaction. DriveX ensures that each two-wheeler meets OEM grade industry standards. This partnership offers an advantageous solution for both companies. DriveX will benefit from Ultraviolette's growing market presence as their motorcycles launch in new regions.
Ultraviolette gains access to DriveX’s established platform for pre-owned vehicle evaluations and seamless ownership transfers. The program offers a significant price advantage, bringing the effective cost of the F77 MACH 2 down to INR 2,29,000 for certain variants. The trade-in program offers a streamlined process, with DriveX handling the vehicle evaluation to ensure a hassle-free experience. Customers receive competitive market value for their trade-ins.
“At Ultraviolette, we are thrilled to kick-start the new year by making the F77 MACH 2 even more accessible. Our partnership with DriveX enables us to offer an exceptional value proposition for existing motorcycle owners. We believe the F77 is not just a motorcycle but a lifestyle choice, and with this scheme, we are enabling more customers to join the electric revolution,” stated Narayan Subramaniam, Co-founder and CEO of Ultraviolette.
What is trade-in program for F77 MACH 2?
Besides the streamlined trade-in process, the program also includes exclusive offers and financing options. The 8% exchange bonus, capped at INR 24,000, is applied to trade-in values exceeding INR 1 lakh. This combination of benefits aims to make the transition to an electric motorcycle more affordable and appealing.
The partnership prioritises long-term cost savings for customers, backed by exceptional service support and a smooth ownership experience. This initiative underscores the commitment of both Ultraviolette and DriveX to customer satisfaction.
“We are thrilled to partner with Ultraviolette to bring innovative exchange opportunities through a credible and technologically advanced platform to our customers. By combining our expertise in the pre-owned vehicle market with Ultraviolette's focus on innovation, we aim to redefine the way people access and adopt two-wheelers in India,” mentioned Narain Karthikeyan, Founder of DriveX.
Detailed information about the program, including scheduling trade-in evaluations, can be found on the official websites of both Ultraviolette and DriveX. This ensures transparent access to information for all interested individuals.
