Lexus announces buyback program for ES 300h

Lexus has announced a loyalty program under 'Lexus Life' for existing customers.

It has been 5 years since Lexus began its operations in India, and to celebrate this occasion, the carmaker has announced a buyback program for the ES 300h model.

Under the 'BuyBack Promise' program, Lexus promises up to 60% of the residual value in the luxury car market and low-cost finance options.

Lexus has announced a loyalty program under 'Lexus Life' for existing customers. It includes service packages, insurance, extended warranty, merchandise and accessories.

Lexus has also introduced 'Lexus Pre-Owned', which is a new platform to trade in and upgrade Lexus cars.

The ES 300h was launched in October last year with prices starting at Rs. 56.65 lakh (ex-showroom).

The ES comes with petrol-hybrid powertrain featuring a 2.5-litre engine that produces 176 BHP @ 5,700 rpm and 221 Nm @ 3,600-5,200 rpm. The electric motor has an output of 118 BHP and 202 Nm. The engine is mated to a continuously variable transmission (E-CVT).

Source: HT Auto