Nissan enters used-car business with Nissan Intelligent Choice

Japanese auto maker Nissan has launched its pre-owned car business under the brand Nissan Intelligent Choice (NIC) in India.

NIC will offer certified pre-owned Nissan and Datsun cars and customers can also exchange any brand’s used car with a new Nissan and Datsun vehicle, according to a statement from the company.

NIC Programme will be operational in 10 key cities — Noida, Mumbai, Ahmedabad, Lucknow, Ludhiana, Jaipur, Bengaluru, Chennai, Kolkata and Guwahati. However, customers can avail themselves of the after-sales service at any of the 160 authorised workshops in the country.

All pre-owned cars will go through a comprehensive 167-point quality check by Nissan technical experts and NIC-certified cars will be sold with up to 12 month/20,000 km warranty and three free inspections. Customers can also get extended warranty of additional 12 months/20,000 km.

“The pre-owned car market in India is growing at an exponential rate. We see a huge potential in this emerging business. Nissan Intelligent Choice is our global business model for pre-owned cars and after its success in Brazil and South Africa, we are excited to introduce it in India,” said Satinder Singh Bajwa, Director – Sales, Network, Customer Quality) & Pre-Owned Car, Nissan Motor India.

Nissan Finance, the finance arm of Nissan India, and HDFC, as finance partner, will offer finance options with the lowest rate of interest and maximum LTV (loan to value) of up to 95 per cent to customers.

Additionally, pre-owned car customers of NIC can avail themselves of the dedicated 24×7 roadside assistance (with no additional cost) along with warranty benefits.