Tork Motors, CredR Partner For Used 2W Exchange

Mobility Outlook Bureau
06 Dec 2022
03:42 PM
1 Min Read

CredR will evaluate the exchange vehicle, and the same will be discounted from Kratos’ buying price

Tork Kratos Electric Motorcycle
Tork Kratos Electric Motorcycle

Tork Motors has partnered with CredR for the first-of-its-kind offer for an electric two-wheeler where the customers can exchange their old two-wheelers on CredR’s platform to buy a new Kratos.

CredR will evaluate the exchange vehicle as per their proprietary inspection on 120+ checkpoints to derive the best-selling value. The exchange value will be discounted from Kratos’ buying price.

Notably, Kratos is priced at INR 122,499 (ex-showroom after subsidy in Maharashtra) and is available in white colour only. On the other hand, the Kratos-R is priced at INR 137,499 (ex-showroom after subsidy in Maharashtra), and comes in four colour options white, blue, red and black.

Kapil Shelke, Founder and CEO, Tork Motors, noted that the collaboration is intended to offer easy accessibility and solution for a cleaner and better mode of transport, along with an element of convivial riding.

He said, “With CredR, we aim to reach out to a wider consumer base, who are looking to upgrade their current two-wheeler, through a better price proposition.”

Sasidhar Nandigam, Co-founder and CEO, CredR, added, “Motorcycle segment is one of the key sectors of the overall automotive industry. This customer-centric affiliation offers hassle-free accessibility to own the Tork Kratos, with a simple process.”

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