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Thread: 1 Lakh price barrier for commuter bikes approaching fast!

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    Default 1 Lakh price barrier for commuter bikes approaching fast!

    Hi Friends,

    Just wanted to discuss generally about the prices of 125-150cc bikes. Even a 125 cc bike is selling close to 80k and almost all the 150 cc would cost close to 1 lakh or more when 2016 starts, with additional tax getting added post the budget. My question is, Affording bikes are going to be dream for a common man?

    Psychologically why should i shell out 1 lakh or more for a bike if i can afford say a Nano with the same price.

    Would there be any reduction in prices or is it going to spur up the second hand market.

    Having said that my first bike ie bajaj caliber, i bought in 2002 costed 45k and a 100 cc bike in today's price costs about 60K, that is about 33 percent rise in 13 years, which is much lesser than the inflation itself.

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    Moderator Divya Sharan's Avatar
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    Default Re: 1 Lakh price barrier for commuter bikes approaching fast!

    GBD approved!

    Rupee has fallen down in value. So what was priced at 25,000 rupees maybe twenty years back is priced much more today, add to that various taxes!
    And a brand new Nano costs between 2L to 2.9L ex showroom Delhi. It's no more just a 1L car. If bikes are getting costlier, so are cars!

    Now, coming to your query - a 150cc commuter delivers 40-55 kmpl mileage depending upon the riding style and conditions. Does a Nano give that?
    A 2 wheeler is smaller and hence nimbler. It requires very little parking space and moving in traffic is very easy when compared to cars. The Nano wouldn't qualify for these conditions, right?

    In India, 2 wheelers are rarely a luxury. SBK owners and enthusiasts aside (I guess these 2 combined don't even account for 5% of the motorcyclists in India); bikes in India provide a cheap mode of transport/commute from point A to point B.
    If cars were as cheap to run and maintain, Mr Ratan Tata wouldn't have bled crores and every person would have had a roof during commute in rains.

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    Default Re: 1 Lakh price barrier for commuter bikes approaching fast!

    It all depends on the consumers interest as well, Some use it as just a travel tool and some take it as a passion.

    A Bajaj Plaitna sells under 50k (I guess), so owning a two wheeler is not that big issue if someone really wants to. I have seen people who owns a big retail store in our place comes in splendor, for him it does the job.

    I work for an IT firm and I spent 6L to get a bike for myself. But yeah, bikes are getting dearer and costlier as days goes by, But we really need to stop it comparing to a Nano.

    Its not just Psychological impact here, imagine the amount you will end up spending on the maintenance and like what DS pointed out, a two wheeler has it Pros and cons. We dont want to get into a debate of which is safer, which is not, yadda, yadda...
    Last edited by TheArcher84; 12-23-2015 at 03:57 PM.
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    Default Re: 1 Lakh price barrier for commuter bikes approaching fast!

    Quote Originally Posted by raja1982 View Post
    Hi Friends,

    Just wanted to discuss generally about the prices of 125-150cc bikes. Even a 125 cc bike is selling close to 80k and almost all the 150 cc would cost close to 1 lakh or more when 2016 starts, with additional tax getting added post the budget. My question is, Affording bikes are going to be dream for a common man?

    Psychologically why should i shell out 1 lakh or more for a bike if i can afford say a Nano with the same price.

    Would there be any reduction in prices or is it going to spur up the second hand market.

    Having said that my first bike ie bajaj caliber, i bought in 2002 costed 45k and a 100 cc bike in today's price costs about 60K, that is about 33 percent rise in 13 years, which is much lesser than the inflation itself.

    I have no idea where you are from, but from the prices, I guess you are from Nepal or Bangladesh.

    Anyways, a CT100 is 40K, Platina 45, Splendor 50, Stunner/Ignitor(the top 125cc bikes) are 65 K/

    Suzuki Gixxer is 85 K, FZ ver 2 is 90K
    Karizma R is 90K
    Pulsar 220 is 100K
    Pulsar 200AS is 110K

    So the prices are fair

    And the Tata Nano costs 1.99 lakh ex-showroom(base model) so thats about 2.5 lakhs on road.
    I fail to see the point you are making.

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    Default Re: 1 Lakh price barrier for commuter bikes approaching fast!

    Quote Originally Posted by HyperRetard View Post
    I have no idea where you are from, but from the prices, I guess you are from Nepal or Bangladesh.

    Anyways, a CT100 is 40K, Platina 45, Splendor 50, Stunner/Ignitor(the top 125cc bikes) are 65 K/

    Suzuki Gixxer is 85 K, FZ ver 2 is 90K
    Karizma R is 90K
    Pulsar 220 is 100K
    Pulsar 200AS is 110K

    So the prices are fair

    And the Tata Nano costs 1.99 lakh ex-showroom(base model) so thats about 2.5 lakhs on road.
    I fail to see the point you are making.
    Hi,

    The prices you have given are all ex-showroom prices. In Bangalore, the place where i stay in,the onroad price of gixxer is 93 k, sf gixxer is 103k and fz is 97k .

    I was talking about 125/150 cc bikes that their prices reaching the five figure mark could hit the affordability of a common man
    Last edited by raja1982; 12-24-2015 at 12:46 AM.

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    Default Re: 1 Lakh price barrier for commuter bikes approaching fast!

    Quote Originally Posted by raja1982 View Post
    Hi,

    The prices you have given are all ex-showroom prices. In Bangalore, the place where i stay in,the onroad price of gixxer is 93 k, sf gixxer is 103k and fz is 97k .

    I was talking about 125/150 cc bikes that their prices reaching the five figure mark could hit the affordability of a common man

    They are NOT ex-showroom prices here. They are all on road.

    The stunner retails for 65k on road. And its the most premium 125cc in the country.

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    Default Re: 1 Lakh price barrier for commuter bikes approaching fast!

    A bike is a bike and a car is a car
    They both can't replace each other. If you want a bike a car will not do and if you need a car a bike will not do. Having said that inflation catches up with everything including bikes. Top Model nano cost above 200k bro

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    Default Re: 1 Lakh price barrier for commuter bikes approaching fast!

    During my college days back in 2004 dad bought me a Bajaj Discover 125 Dtsi self start for 48k On road. I remember Unicorn was launched around the same time for 53k on road. Pulsar used to be 55k back then.

    I bought my second bike in 2009. It was a Honda Unicorn self start. Paid exactly 60k On road in Delhi.

    I'm looking to buy my third bike now( Gixxer SF) which is 1.02L on road.

    Prices of two wheeler has definitely gone up. Part of the reason has been increasing wages, escalating prices of raw materials and increase in road tax & other taxes. One needs to pay 13% of the ex showroom price towards life time tax in Bangalore.

    Having said all of the above, Income levels in India has also gone up considerably over the last decade. 50k back in 2004 was a lot of money but 1.0L isn't a lot of money for young employed guys these days. Moreover, loans are available in plenty these days which was not the case 15 years back.

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    Default Re: 1 Lakh price barrier for commuter bikes approaching fast!

    Why not AS200 ???

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    Default Re: 1 Lakh price barrier for commuter bikes approaching fast!

    Thanks for your views. And it was my bad to compare bikes with cars.

    Definitely the income levels have gone up, but still to get approval from the home ministries (wife and parents) would be very difficult as 1 lakh is a huge psychological figure.

    Though it is not directly related, but I have a different opinion on two wheeler loans. The two wheeler loans are not cheaper. My friend was looking for a loan of 50 k for which he had to pay 25 percent as interest, transaction fee, other charges etc. This is for one year loan and a three year loan was much higher, the interest portion and other charges were closer to the principal amount. This is insane.

    And then he took a personal loan from his salaried account (which works out much cheaper), the interest was about 11 percent, with out any other additional charges.

    Hope this makes sense for all prospective buyers

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