re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more

I already replied to you on the facebook post (on triumph india's page) and i'll post the same reply here as well..

You make it sound like they are earning a profit of only 5.5%. They are earning 5.5% MORE (i.e. profit margin is larger in India, the poorer country, than UK the richer country) than what they were in UK. And as someone pointed out, the UK cost in OTR price, this is a complete ripoff. Specially when you compare the costs of Bonnie and Thruxton. I would have imagined that Triumph would start off with really lean margins to establish a big customer base, but in the case of the Daytona, they are looking to make MASSIVELY bigger profits than they do in other countries.

re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more



How the hell are you gonna measure wind blast???

re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more

[MENTION=56299]dishayu[/MENTION]. Great debate. I am taking it forward. And it is all in the spirit of motorcycling, ok? No finger pointing, no name calling, no trashing one another's POV.

In order to arrive at some idea of the OTR price of the Bonnie and the Daytona R, I am quoting here and relying on a price quotation of the Ninja 650 sent to me by KTM Bajaj, Pune.

Ex-Showroom Price: - Rs. 5, 01, 305.00
RTO Charge: - Rs. 35, 520.00 = 7.08% of the ESP
Insurance: - Rs. 11, 006.00 = 2.19% of the ESP
On Road Price: - Rs. 5, 47, 831.00

Extrapolating the values for the Bonneville and Daytona, this is what we get:

Bonneville

ESP = 5,70,000
RTO @ 7.08% = 40,356
Insu @ 2.19% = 12,483

Total OTR India = 6,22,839 vis -a-vis Total OTR UK = 6,66,229 i.e. a DECREASE of 43,390 which means the Bonneville is cheaper in India than in the UK by 6.51%.

Daytona R


current rate of 20%. Fitting charges are not included; please check these with your dealer. We reserve the right to
amend prices at any time and without notice."

There is no mention of insurance within the UK OTR price because insurance on bikes is calculated in a different manner in the UK than in India. And at times, it is a VERY significant part of the real OTR price of the bike. If this component is added to the UK price, it would suddenly seem quite higher than the brochure's OTR price.

My friends in the UK tell me that even there, the Daytona and the D-R are considered premium bikes and Triumph justifies the hefty price based on the bike's positioning and internals. I am quite sure that readers of this thread are aware of the terrific high tech incorporated in the D-R, the focus of the bike and the likely customers.

CKD kits attract a lower customs rate, no doubt. At the same time, and if I remember right, a higher priced sub-sub assembly will by itself (as a factor of its own high cost), attract higher duty. There is virtually no hitech stuff in the Bonnie and its cousins the T100 and Thruxton (no mention of the Scrambler here as it has not been intro'd yet) and therefore, lower priced kits = lower customs duty=lower ESP = lower OTR. The opposite relationship figures for the Daytona R (here, I wish to state that Triumph is a wee bit too ambitious to intro the R before the standard Daytona and therefore the sticker shock)

Added to the mix is Triumph's obvious attempt to lay a foundation based on the Bonnie, T100s, Thruxtons and Speed Triples which are, as I said earlier, the bread and butter models and on whom, the company hopes the volume sales will recover lost margins. The second leverage will be obtained by the premium pricing of the Daytonas and XCs. One Daytona buyer will offset the margin loss for almost two Bonnies. Fair deal.

I do not know the exact customs duty structure but on seeing the pricing of the Daytona R, am willing to hazard a guess that there are some components of the bike which have attracted quite steep duties. Just too bad, I guess. That is life.

A small OT here. Mods, please permit it as it deals with pricing strategy of premium lifestyle products.

Galaxy Note 3 costs $240 to build, Samsung taking home meaty profits | SamMobile And there are many other sites giving a similar figure.

USD 240 is what it costs Samsung to make the Galaxy Note 3. That is only Rs 14,915. And what does Samsung sell the fone in India for? An average of Rs 44,000. That is USD 707. And that is a humongous 66 percent margin. And that is what I call legal daylight robbery, not just a rip-off. Yet, I HAVE met people who will pay the 66% margin happily (Nokia Aasha nahi hai, premium fone hai yaar, premium price to hoga hi) and still have the attitude that that a particular motorcycle manufacturer charges a "HUGE" 15% profit over ITS premium bike. [MENTION=56299]dishayu[/MENTION]. I AM not pointing this barb at you, biker brother, but at some of my member and non-member friends who HAVE bought this fone and then expressed utter disbelief at Triumph's prices, esp that of the Daytona.

I lack the resources else would have bid for a Triumph dealership. Maybe, some day, some way...

re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more

There is a device called "Wind Blast gauge" to do that.

Why are you so restless brother. don't get into anything and everything.Its seriously boring.

its very simple, if you are tired after a long ride too much because wind blast is too much is one measure of it, "its no big deal" is another.

Re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more

[MENTION=25816]nit[/MENTION]ro_satya - any guess how much will be kawasaki Z800 ?

Re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more

Icemang You and I both know very well the economies of the individual country matter as well:

for ex a vada pav in UK costs 3 pounds compared to 10 rs. here

well doesn't apply directly here but still you cannot compare the price based directly on this model even though this is a manufacturing/assembling factory.

1)parts coming from thailand.Because of FTA with thailand already much lesser duties are applicable.

2)assembling here.The manpower costs are way lower but they could apportion over setting up the manufacturing facility.

3)inflation from jan 2012 to dec 2013 an increase in price of 2L on street triple certainly doesnt match up.

If apples are compared then a ninja 650 coming here at such price through the same modus operandi definitely proves its the creamy layer that triumph is targeting maybe for more ebidta or maybe to cover up the manufacturing and initial set up costs for 3-5 year window.

all said and done my personal opinion says there shouldn't have been an increase of more than 10-12% over declared prices in 2012 which were:
Bonneville – INR 5.50 Lakh
Street Triple – 675 INR 5.75 Lakh
Daytona 675 – INR 7.00 Lakh
Speed Triple – INR 8.00 Lakh
Tiger 800XC – INR 11.40 Lakh
Storm – INR 17.00 Lakh
Rocket III Roadster – INR 22.00 Lakh

Anyways I am gonna see bonni in pune or rajkot soon so all the best for that

Re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more

[MENTION=33779]icemang[/MENTION] Taking another look, Kawa is selling N650 for 5.01L ex-showroom, which is $8K MSRP in USA. Going by that calculation, $13.5K MSRP D675R should have been 8.45L ex-showroom. Why the 3L boost considering both are CKD units? Also, Triumph is an established brand in UK. People will buy a Triumph over a foreign brand if the competitor is priced similarly or a bit lower. I've seen such sentiments in the Brits at least when it comes to the automobiles. But they're only opening their shop here. They should have considered offering good introductory prices on all their models. They could have capitalized on the fact that they are the first to bring a mid weight supersport to India and could have bagged in a lot of sales through great pricing. Instead, they chose the opposite direction and took the greedy way and tried to take advantage of that same fact that there are no competitors to them in that category and tried to make some 'dirty bucks' on the models which most people seem to show interest on, especially the young enthusiasts. 13.5L on road is in no way justifiable IMO for a CKD model when 1000cc CBU models are available for 18L on road.

Re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more

Re-posing Mr.Ganesh Ramachandran's post from Triumph's facebook page,

Bonneville - Original - ₹5.5 L; Revised - ₹5.7 L; Change +3.5%

Street Triple - Original - ₹5.75 L; Revised - ₹7.5 L; Change +23.4%

Daytona 675 - Original - ₹7 L; Revised - ₹11.4 L; Change +38.6%

Speed Triple - Original - ₹8 L; Revised - ₹10.4 L; Change +23.04%

Tiger 800XC - Original - ₹11.4 L; Revised - ₹12 L; Change +5%

Storm - Original - ₹17 L; Revised - ₹13 L; Change -30%

Rocket - Original - ₹22 Lacs; Revised - ₹20 L; Change -10%

Re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more

Daytona's change is 62.85%

PS These are the actual changes

Bonneville - Original - ₹5.5 L; Revised - ₹5.7 L; Change +3.64%

Street Triple - Original - ₹5.75 L; Revised - ₹7.5 L; Change +30.43%

Daytona 675 - Original - ₹7 L; Revised - ₹11.4 L; Change +62.85%

Speed Triple - Original - ₹8 L; Revised - ₹10.4 L; Change +30.00%

Tiger 800XC - Original - ₹11.4 L; Revised - ₹12 L; Change +5.26%

Storm - Original - ₹17 L; Revised - ₹13 L; Change -23.5%

Rocket - Original - ₹22 Lacs; Revised - ₹20 L; Change -9.09%

Re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more

this two changes will prove wrong for them, I hope so!
non linear characteristics of price change tells that, price changes are more motivated by strategy than inflation and suffering INR.
they decided to make maximum money from more sellable bikes.

Re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more

Triumph Rocket III review in India by xBhp When Devil chose the Number 3 : Triumph Rocket 3 First Impression


In case you guys are interested in it. This was done way back in 2008!

Re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more

Assuming that Street Triple will cost around ₹7.8 lakhs ex showroom in Bangalore (₹30k more than Delhi) and going by the quotes of N650 by [MENTION=33779]icemang[/MENTION], Street Triple will cost around ₹8.52 lakhs. This is my first automobile purchase so I'm not sure about my assumption. Does this look right?

PS: I had exactly 8 lakhs to throw for Triumph on the launch date & these estimates are a little disappointing but I guess, I'll manage.

Re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more

Relax buddy...
according to me wind blast is manageable up to 110-120....

Re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more

Just to put it on record,

Triumph will have 9 dealerships across India by the end of this fiscal year. This will be achieved in 2 phases. The first phase will see dealerships opening in Bangalore and Hyderabad in December. Triumph Delhi and Mumbai dealerships will be opening by January 2014.

Bookings will start by second week of December for all the bikes and the deliveries will start by first week of January.

Re: Triumph Motorcycles Launch 10 motorcycles in India : Price, specs and more

[MENTION=13163]darkknight[/MENTION]. That vada pav one was as tasty as the actual stuff. I remember somebody on a shoestring tour of Europe agonising over a street-side ice cream for EUR 4 which was about Rs 250 then. 250 bucks for an ice cream cone!

I think that a large number of us lose sight, at times, that Triumph (both the bike and the bra!) are premium BRANDS right across their portfolio. The Bonneville too IS a relatively premium brand and I have my serious doubts as to how many riders would be able to afford the machine even in the UK. Certainly not college-goers and young professionals just into a job. And willy-nilly, one has to pay premium prices for premium brands. Period.

I tend to agree with you on the company spreading the costs of land acquisition, tooling up, installation of factory and dealers and the entire complex SCM process on the exotics from the Daytona upwards. I don't know about the duty structure with Thailand for such kits. If the kits are coming from an SEZ, then the prices would be high, I suppose.

IMO, the Ninja 650 is more on a plane with the Street Triple than the Daytona, leave alone the Daytona R. And yet, the Street Triple is leagues ahead in performance - 105bhp vs the Ninja's 71. So we are talking about apples and oranges...

All the models above the Bonneville platform seem to adopt some price skimming strategy, to some extent. The enhanced aspirational value of the Daytona seems to have given some license to the company to pitch it high.

[MENTION=42069]pcgamer[/MENTION]. I am tempted to echo HyperRetard's comment here as you do not seem to realise the existential difference between a normal middleweight Jap bike like the Ninja 650 and a high performance one like the Daytona. Reading the spec sheet of the two should make matters clearer. You have addressed your post to me therefore I am obliged to reply.

Also, if the world was a fair place, with perfect competition and perfect economies, the Daytona would have cost the same in India as it does in the US. I myself don't know the intricate details of global manufacturing and shipping and off-shore assembly so shall not attempt to pull a fast one here by shooting my mouth off.

India thinks thru its wallet. Therefore, we can easily make comparisons between the Bonneville and the Ninja 650 as we thrive on VFM. Today, in India, the competitor to every middleweight bike, regardless of gizmos and gadgetry and traction control and what have you is the Ninja 650 purely on account the hole in the pocket. I too had made a deal with myself. If the Bonneville exceeded my ceiling of 6L ESR, I would not take it and carry on with my combo of CBR 250 and Pulsar 150 Classic. Thankfully, it has not. Yet, I am thinking about the OTR too. And at my stage and age, I do think it worthwhile to allow myself the additional 70K odd extra to acquire a motorcycle I will ride till I croak. Simple.

Sir, it does not behoove a member to use terms like "dirty bucks". Even as we debate here, there would be hard-working persons trying to put aside the amount for the Daytona, like I have done for the Bonneville. I am sure their money is not dirty and that they are willing to pay the high price to own what is the best middleweight bike in the world - the Daytona R. Not my words, the words of most professional bike forums and magazines.

Yes, it hurts that the price of the bike is significantly higher at launch that what was promised. Perhaps, the standard Daytona will redress the grievance to some extent. We should wait for that bit of news.