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Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
@icemang : Totally agree with your analysis, this is what I have been saying everyone. But I think it is on the road price mentioned in UK website, not ex-showroom, so the ex-showroom in UK would be lesser.
Edit : Just checked, it is OTR price in UK incl everything (20%VAT etc)
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
Daytona seems to be priced a bit on the expensive side, bigg disappointment
. . .
Cheers!!!
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
Some facts and figures for the ongoing rants about inflated prices. Disclaimer: I am NOT a Triumph advertiser haha
I just downloaded the brochures of each of these bikes from the Triumph UK website. Each brochure mentions the price in GBP. Then, I converted the price to INR via xe.comModel GBP price as per brochure GBP into INR from xe.com as of today Announced price (lacs) Bonnie 6,549 6,66,229 5.7 (lower) T100 7,349 7,47,430 6.6 (lower) Thruxton 7,349 7,47,430 6.7 (lower) Street Triple 7,349 7,47,430 7.5 (about equal) Speed Triple 9,599 9,67,101 10.4 (slightly higher) Thunderbird Storm 12,499 12,70,995 13.00 ( --ditto--) Rocket III 12,899 13,11,458 20.00 (much higher) 800 XC 8,699 8,84,439 12.00 (---ditto---) 800 Explorer 11,199 11,38,373 17.9 (---ditto---) Daytona R, 10,599 10,77,383 11.4 (slightly higher)
Now, we can compare correctly. I am NOT including RTO, insurance etc in the narrative as these rates vary crazily in our crazy country...
I was gratified to see that the Bonnie, T 100 and Thruxton are priced LESSER in India than in the UK. So, the rumour that the company will tolerate a hit on their margins on these bread and butter models was correct.
The Street and Speed Triple are more or less the same in India and the UK. Even the Daytona R is about equal. Again, a fantastic proposal by the company.
The Rocket III, 800 XC and 800 Explorer are obviously direct CBUs and hence the immense price variation between the UK and Indian prices on account of the punishing customs duty structure. But if these are CKDs then the company is being smart to recover the margins lost on the earlier ones. For example, the sale of just one Rocket III will balance the margins for 5.3 Bonnies sold at a PROFIT of 5% over the UK price. Work out the math; I just did.
Now, I read a lot of members complain about the "high" price of the Daytona R. The facts are in front of you. Please analyse them and then articulate a diatribe against the company. On each Daytona R, when the GBP and INR prices are compared, the company will make ONLY Rs 62,617/-. This is just a measly 5.49% profit over the announced price! Where one sees Samsung make profits to the tune of more than 200% per fone, where is 5.49% and that too on an item which will be sold in vastly lesser numbers than Galaxies. This is absolutely brilliant pricing for such a bike especially considering the GBP vs INR value dissimilarity. If I had wanted a Daytona R, I would have camped outside the Triumph showroom with my cheques/cash/family jewellery etc till the bike was delivered to me. Imagine, earning a profit of just about 5.5%, on a CKD bike of such quality and being sold for such small numbers. Hats off, Mr Sumbly.
Why we as Indians have been hit really hard is on account of the depreciation of our currency vis-a-vis the basket of popular global business currencies - the USD, GBP and EUR. For example again, in Jan 2012, when Triumph announced the price of the Bonnie as Rs 5.5 lacs, the rupee was at about 83 per GBP. Now, the rupee is at 101 per GBP as of today i.e a depreciation of almost 22%. But the price announced today at Rs 5.7 lacs is just 3.6% higher than in 2012 versus a currency dip of 22%. I don't know how the company has managed to overcome this hurdle but it has done it.
I had heard a bit about Vinod Sumbly from an industry source and it seems he has pulled the proverbial rabbit out of the hat with this pricing structure. I can see no flaws in it, any which way I turn it around. So, can we moan fairly about inflated prices is the question I want to throw around.
A relook at CKD and an analysis of how part costs for export are affected by currency value changes of source vs destination country will reveal the Triumph pricing plan to be a stroke of genius.
P.S. Don't flame me, flame and blame our nation's low productivity for the increased prices!
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
But why would a person going for a naked bike would opt for a super-sports bike ?Originally posted by kochumvk View Postnon R daytona at 10.5 L will work really well.
Many customers buying 1L naked bikes will instead go for the Daytona.
and a handsome difference of 6L compared to 1L super sports is appreciable, when we think again.
And those naked lovers forced to buy 1L nakeds may just settle for street triple and save some 2+ L
This thing mainly depends on the person choice.
For example, I would go for a naked over a SS even if the price would be the same..
But yea, a cheaper Daytona would surely be a boon for the lovers
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
That 10.6K GBP is OTR price. The OTR price in Bangalore would hit 13.2L+. So, yes I still believe it's expensive especially when it costs just $13.5K in US which translates to 8.4L INROriginally posted by Adarsh_Bk View PostActually 675R costs 10599 pounds in UK which translates to 10.8L!! Still think 11.4 is expensive??? Had it been through CBU, it would be around 20L (Not to mention it is illegal for sub 800cc to come through CBU route!
)
The only surprise is Rocket III is 2L cheaper than what was quoted in 2011!
(Not sure why it's more expensive in its homeland). I believe the main thing that has p***ed most people is the way they have bloated the price of Daytona compared to the earlier estimate especially when it's the first ever true middle weight super sport that's going to be being sold in India
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
non R daytona at 10.5 L will work really well.
Many customers buying 1L naked bikes will instead go for the Daytona.
and a handsome difference of 6L compared to 1L super sports is appreciable, when we think again.
And those naked lovers forced to buy 1L nakeds may just settle for street triple and save some 2+ L
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
Triumph India pricing at Auto Expo 2012 vs OVERDRIVE’s expected prices
Bonneville Rs 5.7 lakh Street Triple Rs 7.5 lakh Daytona 675R Rs 11.4 lakh Speed Triple Rs 10.4 lakh Tiger 800XC Rs 12 lakh Thunderbird Storm Rs 13 lakh Rocket III Rs 20 lakh Bonneville T100 Rs 6.6 lakh Thruxton Rs 6.7 lakh Tiger 1200 Rs 17.9 lakh
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
Apart from the Daytona, all other bikes are reasonably priced (in my opinion)
But as the Daytona was he bike many were hoping to get, it sure will hurt Triumph.
hope they do come with the non R model and price well below the persent one.
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
Actually 675R costs 10599 pounds in UK which translates to 10.8L!! Still think 11.4 is expensive??? Had it been through CBU, it would be around 20L (Not to mention it is illegal for sub 800cc to come through CBU route!Originally posted by pcgamer View PostThe regular 675 will be about 1-1.5L less. Still very expensive and deviates highly from what they had mentioned at the 2012 expo. Not all models have deviated that much though. So, why the Daytona?
)
The only surprise is Rocket III is 2L cheaper than what was quoted in 2011!Last edited by Adarsh_Bk; 11-28-2013, 05:08 PM.
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
11.4 Lakhs ex-showroom, add 13.32 tax in Bangalore + 22k Insurance, on-road stands 13.32 lakhs in KA. Irony of awaiting patiently since year+, the price has tattered hopes of many, mine is annihilated to crest.
We call it CKD, so how does it work differently for different models with a variation of 2 lakh+ on Daytona. The only savior would be the Standard Daytona, do we really need Ohlins suspension, quick shifter etc. when we do not even have dedicated race tracks except a couple in the country.
Triumph be the savior and launch the Standard model to enlighten some spirit on prospective buyers which hold the gravitated passion but not the premium moolah!
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
The regular 675 will be about 1-1.5L less. Still very expensive and deviates highly from what they had mentioned at the 2012 expo. Not all models have deviated that much though. So, why the Daytona?
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
Really appreciate the good work. The regular, non-R Daytona might just do the trick.Originally posted by sunilg View PostRelax guys!
We had conveyed this feedback to Triumph officials, including their MD, about the Daytona and we DO believe that they'll launch the non-R version of the Daytona soon, which will be priced cheaper than the R.
----consecutive posts auto-merged-----
Relax guys!
We had conveyed this feedback to Triumph officials, including their MD, about the Daytona and we DO believe that they'll launch the non-R version of the Daytona soon, which will be priced cheaper than the R.
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
That still doesn't cut it, Sir!Originally posted by sunilg View PostRelax guys!
We had conveyed this feedback to Triumph officials, including their MD, about the Daytona and we DO believe that they'll launch the non-R version of the Daytona soon, which will be priced cheaper than the R.
How much do you expect on the difference in pricing even if they release the non-R version?
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
With CBU prices for CKD units, Triumph seems to be determined to do exactly the opposite of what its name suggests i.e. FAIL!!!!!
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re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more
Relax guys!
We had conveyed this feedback to Triumph officials, including their MD, about the Daytona and we DO believe that they'll launch the non-R version of the Daytona soon, which will be priced cheaper than the R.
----consecutive posts auto-merged-----
Relax guys!
We had conveyed this feedback to Triumph officials, including their MD, about the Daytona and we DO believe that they'll launch the non-R version of the Daytona soon, which will be priced cheaper than the R.
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