Mahindra & Mahindra has signed a MoU with Mahindra MSTC Recycling Private Limited towards offering its customers end-to-end solution for scrapping of vehicles.
MMRPL is engaged in the business of acquiring used/end of life vehicles to dismantle and scrap it under the brand name of CERO.
According to a press release, the agreement will enable customers get a hassle free and transparent deal under one roof. Those intending to purchase a new Mahindra vehicle by scrapping/exchanging the old vehicle which is more than 15 years can do so at any Mahindra dealership.
Mr Veejay Ram Nakra, CEO Automotive Division, Mahindra & Mahindra Ltd., said, “Our agreement with MMRPL is a step towards delivering customer delight through a convenient, one-stop solution for customers who wish to scrap their old vehicle. While the scrappage policy will take effect in some time, we are ready to help the customers who intend to discard their vehicles.”
Mahindra dealerships along with CERO will offer: vehicle evaluation; arrange quote for exchange/scrappage value of the vehicle; provide end-to-end services including vehicle pickup, transportation and environment friendly dismantling at CERO Scrap yards. Post this, the a Certificate of Deposit/Destruction (COD) will be issued by CERO, which will enable customer to claim eligible benefits under the scrappage policy.