@shv18 having requested me a few times (and me putting this off too long - since April), I am finally rewriting and posting my ownership decision and experience.
I own a Karizma R, and am pretty happy with it, but as the bug bites you, you want something slightly more powerful. In my case, I am satisfied with the ZMA, since I am not a speed demon. However, the things that interested me were
1) Having tubeless tyres
2) Reliable bike that has more grunt than the ZMA
3) ABS
The duke was out of the equation given its temperament and niggles.
Only the CBR250R ticked these requirements, especially the ABS. Now, I know many of us have had these discussions, and me, @psr and @shv18 had many many discussions about the positives and negatives of an ABS equipped bike. For me, travelling on the highway is a risk, given the amount of lunatics out there, and the feeling was that it would be better for me to have a bike with ABS.
Having decided on the CBR after reading numerous reviews, the entire XBHP CBR250R thread a couple of times and discussions and inputs from various CBR250R owners, I was on the lookout for a well maintained used bike.
The market in Gujarat is a strange one, you can get vehicles like the CBR250R and even the Ninja at a very low price. However, that is another discussion. The main concern was getting a motorcycle that was well maintained and trouble free.
I saw a couple of vehicles and was not satisfied with the condition that they were kept in, and passed them on. To give an example, about a year ago, I was getting a 2011 standard 250R for about 70K. However, my criteria was ABS and we kept searching. I had requested my dealer to inform me whenever he got a hold of an ABS bike. One fine evening, he asked me to come and take a look at a Silver ABS vehicle.
When I took at look at the bike, it was in pretty bad shape. The owner was asking 55K for it, but the costs were
1) Broken fairing
2) Chain sprocket at the end of its life
3) Leaky/bent forks
4) Worn discs and worn brake pads
5) Tyres at the end of life
It didn't give me too much confidence even at that price as I was looking at spending a minimum of 30K to restore it to a reasonable condition. The mechanic from the Honda SVC accompanied me to check it out and he decided there was some shim noise as well. He offered the owner 50K, but he wasn't too keen on parting with it at that amount. We passed on that vehicle.
After that, we had a long wait, since ABS equipped CBRs are pretty rare. In the meantime, me @psr and @shv18 had discussions, lots of information was shared (as @shv18 is doing in this thread, so generously) and we kept looking for vehicles.
In the case of buying a used vehicle, two things matter, one's budget and the vehicle's condition. If your budget is low, you won't get a vehicle in top notch condition, while if a vehicle is mint, the selling price will be higher. However, GJ is a unique case where even good condition motorcycles sell for a low price at times. Not sure if it's because of the notion that these larger displacement vehicles will give abysmal mileage or they are difficult to maintain.
Anyway, I heard from a couple of friends about a motorcycle that was lying around as the owner had left for the US. This was a Pearl Heron Blue ABS CBR250R. We went to inspect the vehicle, however, we were in for a rude shock. We had been informed that the vehicle was in good condition, but apparently the caretakers had neglected the motorcycle, it was lying outside and covered with dust. Here are a few photographs.
To add to that, we got to know that the owner had had a spill with the vehicle while cornering. It had been repaired under insurance, but there was some damage to the chassis, due to the frame sliders, the forks were leaking, and the brakes were worn out (or perhaps replaced by someone).The brake discs were also scored, the rear being more so. The front tyre also had a big tear in the middle and it was obvious it would have to be replaced. This didn't give us much confidence and I decided to skip the vehicle. I did have a lot of discussions with the owner of the vehicle who was very distressed at the state of his motorcycle.
While the wait for a vehicle continued, so did the discussions. @shv18 was really keen on getting a CBR soon, as he had some modifications in mind, given his experience with the FZ18. Later on, (this was probably around September last year), I was getting a good deal on another CBR STD, for about 45K, but I had already made up my mind to go for an ABS vehicle and hence didn't take up that offer. @shv18 advised me to keep an open mind and consider a standard vehicle as well, but as they say, things turn out the way they will.
As things went, I was constantly in touch with the owner of the aforementioned bike and he was keen to sell it to me, however due to some circumstances, we weren't able to conclude the sale. The things going for the bike were that the engine was in good condition, the damage to the chassis didn't appear severe (I was ready to replace the chassis if necessary, but that didn't turn out to be the case). There was also a case of discrepancy in mileage, while he said his vehicle hadn't done more than 10K kms, the reading on the meter was 16.4K kms. He was very confused as to that, and we tried hard to trace this. We are (still) not sure whether the meter was replaced (the lights on the speedometer didn't work), and the owner was certain the ones on the meter were working. Also, there were some scratches on the silver paint on the speedo, which weren't there previously and at the time when he slipped either. It led me to believe that someone might have replaced this console at some other location.
The wait continued, and I was patient. Then, I encountered another CBR250R ABS, which was being sold for 68K this year. Me and my mechanic went to take a look at it, it was another tricolor (Pearl Heron Blue) that seemingly looked good from the outside. However, on close examination, there were typical signs of a crash (No ABS sticker on the front fender as an example), and the engine also sounded rough. While the price was tempting, the cautious nature of our friends came into play, and on consulting with them, we decided to skip this vehicle. The estimate for restoring it to like-new condition seemed to be 30K and I decided it wasn't worth putting in the effort for this particular vehicle, as the facts had been hidden from me.
As it happened, the earlier vehicle was now ready to be sold, and I made up my mind to go in for a known devil rather than an unknown one. We concluded the deal, and I took the help of Universal Honda to transport the vehicle to their premises and start work on it. There's a note of thanks at the end of this post, for Honda and others who helped all this time. The vehicle was ready to be taken to the premises, but something weird happened. The motorcycle that cranked up after 6 months lying around didn't start up. Keep in mind, that nearly a year had passed by that the vehicle was lying idle. I had of course made sure that the old fuel was drained and fresh one put in. The motorcycle refused to start and I was worried that the fuel pump might have failed. However, the mechanic said that it was a battery issue and we put in a new Amaron 7AH battery on the way to the SVC. The motorcycle started in one crank and I heaved a sigh of relief.
Costs that we had assumed were.
1) Tyre replacement ~6K to 10K depending on the tyres. Had decided to replace both F and R. I replaced the tyres with MRFs, both front and rear tubeless cost me 6K.
2) Rear Brake disc replacement ~4K (did NOT need to do this)
3) F and R brake pads replacement ~5K
4) New Engine Oil ~1.6K
5) Chassis replacement (if necessary) ~12-14K, plus any extra labour charges. (Did NOT need to do this at present)
6) Repairing forks (if necessary) ~1K-2K, excluding a scenario where I needed to replace them entirely. (Fork oil seals and oil were replaced for approximately 1.2K)
7) Insurance to be renewed (earlier insurance had lapsed) 4K-5K for comprehensive insurance. Cost a total of 6.2K for comprehensive insurance from IFFCO TOKIO, RTO transfer charges and tax (and agent's fees).
Minor costs were
1) Replacing air filter Rs 285
2) Replacing fuel filter Rs 150
3) Replacing Throttle cables A & B Rs 300
4) New coolant Rs 300
Costs we had not assumed but happened.
1) Battery - 7ah Amaron, 1.5K
2) Front master cylinder Rs 300
3) Rear Master cylinder Rs 1425
4) Worn cone set ~2500
5) New sidestand ~150
Other incidental costs ~3000 rupees. These include labour charges etc. Overall, the costs were over 25K, without replacing the Chassis or the Rear brake disc rotor. I was told by the mechanic that the brake disc would start bedding in, and only if there was uneven bedding should I think of replacing the disc as it cost nearly 4K rupees. As it turned out, he was right and the disc surface is quite even now.
Other things. I replaced the stock bulb with a Philips Xtreme vision 55/60 and it is really good for the night. Care (and time) was taken to detail the motorcycle so that it looks as good as new. The brakes were very spongy, we replaced the fluid with DOT4 and drained the fluid according to the service manual. The response is very good now, and the braking is very effective. ABS has been tested in both the wet and dry and works well.
Many things have already been covered by @shv18, like comparisons, the power output and delivery etc so I won't go into all of those things. Suffice it to say that this bike is a joy to ride. As @aargee said somewhere, everytime you take the bike out, it puts a smile on your face, and it's true! Except for traffic, that is. I do not enjoy the gear shifting in heavy traffic and solely use the ZMA for short distances. People also fiddle with the motorcycle when left alone, and that is something I do not like. That is why I use the ZMA within the city and the CBR for highway spins. I did want to sell my ZMA, but I was getting a pitifully low amount for it, and given the amount of effort I put into that motorcycle, there doesn't seem to be any point selling it now.
I will update this thread with further details, time permitting, since there is a lot of information to be shared.
Notes of thanks : @psr and @shv18, for all the discussions and interaction/help all the time. @aargee and @icemang for their advise @icemang wasn't too keen on a stance change from the ZMA to the CBR, there were some discussions about it, riding posture, power delivery etc). Thankfully, I've had no wrist or back pain riding this motorcycle, the stance isn't too bad. The idea is to keep a loose grip on the clip ons, and you should be fine. @adisakke and @mansuryayas for all their inputs locally. Especially @mansuryayas who accompanied me a few times, gave inputs all the time, helped research the bike's history, and test rode the vehicle, and was also ready to help bring it home with me.
The previous owner of the bike), who helped me with a lot of information, was open and honest about his motorcycle and expectations and was patient enough while the negotiations were ongoing.
All other riders or friends whose names I might have missed, who helped during this experience.
I'll add a note of thanks and appreciation for HMSI (Honda India) here. I wrote to them once, and I received several follow ups, and I was helped by their regional manager in securing the services of a good service centre. I built a good relationship with Universal Honda here, the service manager Mr Anil is very helpful and has always let me do things my way in his workshop. I know there are many SVCs that do not allow customers into the vehicle bays, but such is not the case here. I can stay all day and tinker about with the tools if I wish to. The parts store has been immensely helpful as well, and they have managed to source all necessary parts within a reasonable time frame, if not available in hand. Moreover, the mechanic here (Pintu) is knowledgeable and has given of his time and energy in restoring the bike to its former glory. A special note of thanks for him for all of his help.
With this, I conclude my initial post in the purchase and ownership experience. Thank you for reading these many rambling lines.
Bike after detailing and restoration.


. Regardless, i would like to point out an interesting incident which occured in one of my weekend rides
...so off i went hurrying as soon as possible. Readers may note, Assam and Arunachal Pradesh share the border in the South - Eastern side as well, an area which i had not checked out yet, so the whole plan sounded like a great idea that time.





. This meant that i can't even take out the side fairings to inspect and see if at all the throttle cable had jumped, i could may put it back in its place and atleast ride my CBR back home. Sighting the situation i was in and that too in the middle of nowhere it was decided to tow my vehicle atleast to Deomali from where a further plan would be made. Upon reaching Deomali, it was observed that all the shops had closed down and this being a CBR, no local mechanic wanted to fidgit with it. It just so happened that an Assam Police battalion camp was right at the entry point of Deomali. After requesting the personnel inside they gladly let me keep my CBR in their premises while i assured them that i would get hold of a pick up truck the next day to bring her back to my place of stay and to the SVC for a quick fix. Now leaving my bike behind i hopped on to my friend's bike and we started our final leg of the journey through a very dense forest. Not surprsingly, our road was blocked by wild elephants. 












) just to be absolutely satisfied that my CBR's engine have had a thorough clean up with the HDEO oil and a good amount of ZDDP depositing on the internals. Then will shift to Shell Advanced Ultra 10W 40 FS oil and report my observations here. So far the vehicle has been performing exceptionally well and there is definitely a reduction in the engine operating temperature. Though, we may have take into consideration that due to earlier internal deposits, i feel my engine solely cannot be considered as the benchmark for: FS oil VS HDEO oil in terms of temperature difference felt by me. May be if someone else is bold enough to give it a try, his/her independent observation will give us a better idea about this HDEO oil's behaviour, performance and other factors, but then again i would still like to remind everyone that this is purely an experiment. 



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