Motorola on Wednesday launched Moto G5 Plus smartphone - which is the fifth generation of the Moto G series - in the Indian market at a starting price of Rs 14,999. (Read more)
The "BuyBack Guarantee" scheme offers value protection for customers buying the Moto G5 Plus, which in turn makes migrating to their next phone more affordable, according to the Flipkart portal. However, it added that the BuyBack Guarantee amount will be available against phones - bought on Flipkart - where the value is higher than the BuyBack pricing.
Flipkart used an illustration on its website to explain the scheme:
Customer needs to return the "original box (intact condition), original charger and original accessories in working condition", it added.
What if it's been more than eight months since you bought your Moto G5 Plus? Can you still exchange it? Yes, says Flipkart. "Customer can choose to use the Moto G5 Plus even after 8 months, post which the phone can be exchanged on Flipkart at the prevailing exchange price," Flipkart added.
Also, explaining the rationale/logic behind such an offering, India's largest e-commerce company, Flipkart, said: "BuyBack Guarantee protects you from all market fluctuations to give the best future exchange value on your Moto G5 Plus making it affordable for customers to upgrade."
Flipkart will provide doorstep pickup for making an exchange under the scheme, it added.