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[Help]: Finance scheme for the Honda CBR 1000RR

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  • #16
    Originally posted by surendra.xbhp View Post
    Guys hold on.

    We are making no sense by discussing this.
    It may not be possible in near future at least.
    There are many reasons why govt imposes High duties on super bikes/cars.
    Some of them are -
    1. Make sure local items have an edge
    2. High cc bikes are fuel guzzlers, so petrol demand goes high, n ultimately causes effect on GDP
    3. Common psychology is that, sbks are owned by riches, n it really does not matter how costly sbk is, they will buy it anyway. So, imposition of high duties earns govt few (many actually) extra bucks


    So, asking govt to stop imposing higher duty is like somebody asking you to give up on you HRA from salary.
    you are right dude.... we should see if anyone can enlighten us on th financing schemes(if any) for these bikes in India....

    can we buy a bike like these on a personal loan???
    Timon: Orange Yamaha FZ16 2009
    Optimus: Red Mahindra XUV500 W8 FWD 2013
    Atom: Red Tata Nano XTA 2016
    Pumba: Red Harley Street 750

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    • #17
      Originally posted by kinshuk.arya View Post
      you are right dude.... we should see if anyone can enlighten us on th financing schemes(if any) for these bikes in India....

      can we buy a bike like these on a personal loan???
      well it will cost a bomb as the interest rate is around 16-19%

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      • #18
        wow thats nice....

        x rs. for the bike
        1.05 x for the taxes
        .17x for the road tax and registration etc.
        and another .16*(2.22)x for the loan...

        in total 2.57x for a superbike (compared to US and japan rates....)
        just amazing..........

        i am seriously thinking to buy a gt650r and wait for the FTA between Japan and India...
        Last edited by kinshuk.arya; 08-16-2010, 09:32 PM.
        Timon: Orange Yamaha FZ16 2009
        Optimus: Red Mahindra XUV500 W8 FWD 2013
        Atom: Red Tata Nano XTA 2016
        Pumba: Red Harley Street 750

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        • #19
          I am CONFUSED big time--

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          • #20
            @surendra.xbhp dude i dont care if indian govt wants to make money on sbk they r already chargin 33% income tax and vat on everthing why dont other county's like nepal/srilanka and etc... charge 105% duties??? petrol in country's around india is way cheaper??? and wot edge r u talkin about??? the home auto industry make 230cc bike's!!! in sport's segment 500cc bullet is a tourer!!! im talking about 1000cc + sbk so do u c any indian company makin sbkof 1000cc+ in near future?? so the indian govt can remove 105% on 1000cc+ bike's if it really wants to.

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