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Two Wheelers set to become cheaper - Budget 2014: xBhp News

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  • Two Wheelers set to become cheaper - Budget 2014: xBhp News

    The Finance Minister has just announced that the Excise Duty on Two Wheelers has been reduced to 8% from 12%.

    The reduction in Excise Duty by 4 percentage points may or may not bring down the prices. We still await word from the manufacturers whether they will be passing on the benefit to the end consumer, or not.

    P. Chidambram

    "To give relief to the automobile industry, which is registering unprecedented negative growth, I propose to reduce excise duty,"
    Last edited by The Monk; 02-17-2014, 02:19 PM.
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  • #2
    Re: Two Wheelers set to become cheaper - Budget 2014: xBhp News

    That's a great News! I've got a much needed push to have courage and buy my first bike. Now I just need to decide one .

    Comment


    • #3
      Re: Two Wheelers set to become cheaper - Budget 2014: xBhp News

      But this is going to be a short lived joy... with no increments in direct or indirect tax structure and introduction of new subsidies... the fiscal deficit will widen and post election... taxes have to be increased again... this is just a populist budget before election....
      WARNING!! Objects seen in Mirror are Disappearing Rapidly!!!!!!

      Never be Afraid to Slow Down!!!!

      Comment


      • #4
        Re: Two Wheelers set to become cheaper - Budget 2014: xBhp News

        It's only for 3-4 months till New budget is proposed by New government and knowing our manufacturers, I don't think they'll lower prices for us.
        Ahh well otherwise, if there is any new tax reform that'll make z1000 available for just 6L₹ ,I'll vote for congress my entire life

        -_-_-_-_-_-_-_-_-_-_-_-_-_-
        If you buy a premium sports bike and get 40+ mileage out of it....
        Even Rossi will say-
        Aap chu**tye hai..
        Shaaed~~Azam Bhagat Singh Ji.
        http://en.m.wikipedia.org/wiki/Bhagat_Singh.

        Comment


        • #5
          Re: Two Wheelers set to become cheaper - Budget 2014: xBhp News

          That 4% waiver can mean a lot to the buyer. A 50k OTR vehicle can show up upto 2k discount flat post this decision! But, only if the manufacturers decide to pass the benefit to the end user. They may/may not do so.
          If they indeed slash prices, I guess one on the lookout should buy the vehicle (car/bike) in these 4 months before elections.
          Got a $5 head? Get a $5 helmet.
          Because everyone who passes, isn't a martyr!

          Bullet Service Guide CBR 250R Parts Manual Fz16 service manual - https://drive.google.com/file/d/0B1-...VFQmJzakk/view
          Hero Moto Corp Bikes' Parts RE STD 350 Wiring Diagram (CI) Service Manual - Classic 350/500
          ZMR parts - https://drive.google.com/file/d/0B-U...it?usp=sharing
          P200NS Spares' prices - https://docs.google.com/spreadsheet/...taGd5R2c#gid=0

          Comment


          • #6
            Re: Two Wheelers set to become cheaper - Budget 2014: xBhp News

            Very unlikely that the benefits would be undertaken by the buyer. It seems more likely that these would be more of a relief exercise to manufacturers to increase their margins on their vehicles.

            Nonetheless, it seems it is going to be a very short term measure. The only way i see it extending is it gets huge feedback in terms of sales and the industry growth inclines by a very high margin.

            Comment


            • #7
              Re: Two Wheelers set to become cheaper - Budget 2014: xBhp News

              Originally posted by Divya Sharan View Post
              That 4% waiver can mean a lot to the buyer. A 50k OTR vehicle can show up upto 2k discount flat post this decision! But, only if the manufacturers decide to pass the benefit to the end user. They may/may not do so.
              If they indeed slash prices, I guess one on the lookout should buy the vehicle (car/bike) in these 4 months before elections.
              I think barring Honda, everyone will slash prices. Honda has been on a roll with great growth stats. The other sellers on the other hand would do anything to shore up falling numbers. This is true of the entire auto market in general
              The hero always RIDES into the sunset!

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              French Riviera
              https://www.xbhp.com/talkies/tourer/38345-biking-french-riviera.html
              Scotland-
              http://www.xbhp.com/talkies/tourer/3...-3600-kms.html
              France -Normandy and Paris on the CBR
              http://www.xbhp.com/talkies/tourer/3...adventure.html
              KTM chronicles-
              http://www.xbhp.com/talkies/tourer/2...hronicles.html

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              • #8
                Re: Two Wheelers set to become cheaper - Budget 2014: xBhp News

                Tata has already announced to slash prices from tomorrow, hope the two wheeler companies follow their path.

                PS : This coming from someone who has already booked a bike and awaiting delivery and hoping the final amount to be paid will be lesser now.
                Ride hard.. Ride safe.. Always!

                S1000RR ownership experience

                You can also follow me on YouTube here

                Comment


                • #9
                  Re: Two Wheelers set to become cheaper - Budget 2014: xBhp News

                  So, the Duke 390 will be restored to it's original price now?
                  Bajaj Pulsar 150 : 2004-2005
                  Honda Dio : 2005-2012
                  KTM 200 Duke : 2012-
                  Aprilia RSV4 APRC ABS : 2014-

                  Comment


                  • #10
                    Re: Two Wheelers set to become cheaper - Budget 2014: xBhp News

                    Originally posted by Adarsh_Bk View Post
                    PS : This coming from someone who has already booked a bike and awaiting delivery and hoping the final amount to be paid will be lesser now.
                    For this, take it from the dealer in writing. Your booking date was before the budget but obviously the vehicle would be the new lot. So, get your black dook with a good discount and invest the savings in lenses/gear.
                    Got a $5 head? Get a $5 helmet.
                    Because everyone who passes, isn't a martyr!

                    Bullet Service Guide CBR 250R Parts Manual Fz16 service manual - https://drive.google.com/file/d/0B1-...VFQmJzakk/view
                    Hero Moto Corp Bikes' Parts RE STD 350 Wiring Diagram (CI) Service Manual - Classic 350/500
                    ZMR parts - https://drive.google.com/file/d/0B-U...it?usp=sharing
                    P200NS Spares' prices - https://docs.google.com/spreadsheet/...taGd5R2c#gid=0

                    Comment


                    • #11
                      Re: Two Wheelers set to become cheaper - Budget 2014: xBhp News

                      Originally posted by Divya Sharan View Post
                      For this, take it from the dealer in writing. Your booking date was before the budget but obviously the vehicle would be the new lot. So, get your black dook with a good discount and invest the savings in lenses/gear.
                      Haha, that savings will be gone in petrol expense in no time Btw, I had signed somewhere that the current price (during booking) is not final and any change in the price before delivery will be reflected on the date of the purchase. Obviously they added it for the case of increase in price but it should apply here as well But, but it will help only if KTM decides to slash price
                      Ride hard.. Ride safe.. Always!

                      S1000RR ownership experience

                      You can also follow me on YouTube here

                      Comment


                      • #12
                        Re: Two Wheelers set to become cheaper - Budget 2014: xBhp News

                        Let me ask a stupid question here. I have booked a Ninja 650 and awaiting delivery. this cut in excise duty may not be applicable for me right since its a CKD. But if there is some localization of parts will it be applicable??

                        Comment


                        • #13
                          Re: Two Wheelers set to become cheaper - Budget 2014: xBhp News

                          good news, which will probably be short lived.
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                          • #14
                            Re: Two Wheelers set to become cheaper - Budget 2014: xBhp News

                            Oh my! Is this really going to happen?
                            And last night, i prayed in my dreams for the same, so that i can afford to buy a 1.5L bike.
                            I see a hope of my prayers going to be answered..

                            +1 to [MENTION=68021]shadowgun[/MENTION], if this does happen, i would vote for congress my entire life too.
                            It's a lot like nuts and bolts - if the rider's nuts, the ride - bolts!

                            Comment


                            • #15
                              Re: Two Wheelers set to become cheaper - Budget 2014: xBhp News

                              Originally posted by shadowgun View Post
                              It's only for 3-4 months till New budget is proposed by New government and knowing our manufacturers, I don't think they'll lower prices for us.
                              Ahh well otherwise, if there is any new tax reform that'll make z1000 available for just 6L₹ ,I'll vote for congress my entire life

                              -_-_-_-_-_-_-_-_-_-_-_-_-_-
                              If you buy a premium sports bike and get 40+ mileage out of it....
                              Even Rossi will say-
                              Aap chu**tye hai..
                              Buddy.. please stop using legend bhagat singh's image in your profile. No hard feelings, but there is sanctity involved with some things.

                              Sent from my GT-I9082 using xBhp Connect mobile app

                              Comment

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