Renault India launches the ‘R.E.L.I.V.E’ Program, which aims to provide a seamless channel for the customers who wish to scrap their old car and avail exciting benefits offered when buying new Renault products. Under the new scrappage policy, Renault India looks to provide the customers with a fair scrap valuation quote and provide the customers with more efficient and safe vehicles to choose from.
Under this new initiative, Renault India in partnership with CERO Recycling, which is India’s first organised scrap vehicle recycling company, will provide potential customers with a hassle-free and convenient channel to scrap their old vehicles. Currently, Renault India is providing this offer at Delhi NCR, Chennai, Mumbai, Pune and Bangalore. The customers will bring in their old vehicles at their nearest Renault dealerships wherein after the total evaluation of the old car, they will get a fair scrape valuation quote. Along with the vehicle evaluation, the Nissan dealership will also take care of the official deregistration at the RTO, handling the official certificate of deposit/destruction thus, providing a very seamless and streamlined process. The company also mentioned that this scheme is also open to the owners who wish to scrap their two-wheelers and therefore making them eligible for getting a special, 7.99 per cent rate of interest from Renault Finance.
Formed as a joint venture between Mahindra Intertrade Ltd. and MSTC Ltd., which is a Government of India Enterprise, Cero currently has its collection centres at major cities such as Mumbai, Ahmedabad, Bangalore, Jaipur, Hyderabad, and Chandigarh. It has its 3 recycling plants at Greater Noida, Chennai and Pune which are fully compliant and has a zero pollution objective. In the next 8 to 10 months, Cero plans to make its presence in 25 cities. Recently, Mahindra and Mahindra also announced a similar tie-up with CERO, to provide its customers with an end-to-end and seamless vehicle scrappage platform under one roof.