Since '02 xBhp is different things to different people. From a close knit national community of bikers to India's only motorcycling lifestyle magazine and a place to make like-minded biker friends. Join us

#xBhpAxorHelmet #2

Axor
Castrol Power 1

Keep your helmet tightly strapped up.

Our Partners

User Tag List

Page 1 of 2 12 LastLast
Results 1 to 10 of 11
Like Tree5Likes

Thread: Motorcycles are set to get costlier in 2015: xBhp News

  1. #1
    Official xBhp NewsMonger
    Join Date
    Sep 2008
    Location
    India
    Posts
    3,127
    Mentioned
    3 Post(s)
    Tagged
    0 Thread(s)

    Default Motorcycles are set to get costlier in 2015: xBhp News

    Two-wheeler prices are likely to rise soon because Finance Minister has withdrawn the concessions on Motorcycles and Scooters from January 1, 2015.

    Name:  Motorcycles are set to get costlier in 2015 xBhp News.jpg
Views: 7587
Size:  55.2 KB

    This could mean that excise duty on two-wheelers will go up by 2-6 %. In June this year BJP government extended the concessions of two-wheelers by 6 months to December 31. According to the industry estimates, Vehicles prices will rise up to 2-6 %.

    Manufacturers had asked government to extent the excise duty relief, as the removal of this excise duty relief could impact the Vehicle sales.

    The Decision of removing the excise duty relief comes as a result of government lacking in meeting its ambitious fiscal deficit target of 4.1% of gross domestic production of the year to March 31, 2015. The duty cut have hit government’s revenue collection very badly

    If the concessions are not extended, the excise duty on motorcycles and scooters will go up from 8 % to 12 %.

    Earlier, in February, the UPA government had cut excise duty on two-wheelers to help the industry tide over a demand slump. The excise duty relief was applicable till June 30 and later extended till December 31 by the BJP.

    Bajaj has already announced the hike in prices of its brands Platina and Discover by January 2015.

    News Source: New Year Shock: Cars, SUVs, TVs Set to Get Costlier - NDTVProfit.com

  2. #2
    Moderator The Monk's Avatar
    Join Date
    Apr 2011
    Location
    Gurgaon/ Kanpur
    Posts
    9,989
    Mentioned
    435 Post(s)
    Tagged
    4 Thread(s)

    Default Re: Motorcycles are set to get costlier in 2015: xBhp News

    News Approved
    Biking is not about what you have between your legs, its all about how well you use it!!!!!!!

    Give your details here if you want to help your fellow xBhpian stranded in your city

    Touring Blog: Cycling in Mongolia!

  3. #3
    Rusted Mail2vasant's Avatar
    Join Date
    Apr 2011
    Location
    delhi
    Posts
    417
    Mentioned
    4 Post(s)
    Tagged
    0 Thread(s)

    Default Re: Motorcycles are set to get costlier in 2015: xBhp News

    I went to a KTM showroom today and i was told that the increase in rc390 is about 8.5k. Rc390 costs 2.38lac on road now.

  4. #4
    MHG
    MHG is offline
    Rusted
    Join Date
    Sep 2011
    Location
    Bangalore
    Posts
    391
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Default Re: Motorcycles are set to get costlier in 2015: xBhp News

    What really gets to my nerve about this price hike is the fact that when excise was reduced initially, most bike manufacturers (especially of cheaper bikes) did not pass on the benefits. Also, bikes booked before the price cut were charged full price. Now they want to sell us December and November made bikes (which left the factories for a cheaper 8% excise) for the price of January made bikes (which pay 12% excise).

    If you look at it, prices (for bikes) haven't really fallen at all over the past few years, not even for the entry level commuters which are supposed to get cheaper and cheaper as manufacturers improve efficiency in the manufacture of their cheapest products. Yamaha Crux, the 106cc barebones bike with its ultra frugal skeletal tyres (2.5" front and 2.75" rear) costs 50,000 on road Bangalore after the price hike. Seems atleast 10k more than what it should be priced at.
    MG, animeher, eliksir and 1 others like this.
    Currently without a vehicle. Uber App and Bangalore Metro serving all my travel needs.

  5. #5
    Addicted
    Join Date
    Jul 2014
    Location
    Bangalore/Chennai
    Posts
    170
    Mentioned
    6 Post(s)
    Tagged
    0 Thread(s)

    Default Re: Motorcycles are set to get costlier in 2015: xBhp News

    Gotta agree with MHG!

    Suzuki's sales volume seems to have increased YoY which is a positive sign. This is mainly because of the Gixxer I guess.

    But I am surprised about their price increase after the excise duty increase this month. The price of the Gixxer has gone up by just 600 rupees approximately. I expected in to be around 1500 to 2000/-

  6. #6
    Addicted mustang28's Avatar
    Join Date
    Jul 2014
    Location
    Hyderabad
    Posts
    212
    Mentioned
    17 Post(s)
    Tagged
    0 Thread(s)

    Default Re: Motorcycles are set to get costlier in 2015: xBhp News

    This has given an excellent opportunity for Automobile manufacturers like Bajaj to charge more from customer for bikes that were imported last year. They would be selling their inventory at higher cost having paid last year's excise duty for them.
    Is it possible to do a consumer case on this?
    There is no better therapy than riding a bike down a straight road at full throttle with the sound of the engine for company.

  7. #7
    Addicted dream_victor's Avatar
    Join Date
    Mar 2013
    Location
    Speed breaker city
    Posts
    71
    Mentioned
    2 Post(s)
    Tagged
    0 Thread(s)

    Default Re: Motorcycles are set to get costlier in 2015: xBhp News

    Quote Originally Posted by MHG View Post
    What really gets to my nerve about this price hike is the fact that when excise was reduced initially, most bike manufacturers (especially of cheaper bikes) did not pass on the benefits. Also, bikes booked before the price cut were charged full price. Now they want to sell us December and November made bikes (which left the factories for a cheaper 8% excise) for the price of January made bikes (which pay 12% excise).

    If you look at it, prices (for bikes) haven't really fallen at all over the past few years, not even for the entry level commuters which are supposed to get cheaper and cheaper as manufacturers improve efficiency in the manufacture of their cheapest products. Yamaha Crux, the 106cc barebones bike with its ultra frugal skeletal tyres (2.5" front and 2.75" rear) costs 50,000 on road Bangalore after the price hike. Seems atleast 10k more than what it should be priced at.
    +1 for that
    I was looking to buy Hero Hunk and the sales guy is offering me a 2014 bike ( that too from Aug i think) for the increased price and when I questioned him about the new price for a old bike he said that whatever is the rate on the day invoice is made that would be the price I need to pay which feels unfair to me. Im thinking Id rather pay the increased price for the 2015 made bike instead of going with a older bike
    Sirish_G likes this.
    Do speed breakers break speed or break backs !!!

  8. #8
    Rusted Nithesh's Avatar
    Join Date
    May 2011
    Location
    Mangalore, Karnataka
    Posts
    1,291
    Mentioned
    6 Post(s)
    Tagged
    0 Thread(s)

    Default Re: Motorcycles are set to get costlier in 2015: xBhp News

    Honda and Hero did pass on the benefit of excise cuts in February 2014, did not hear of other manufacturers.
    Honda, Hero MotoCorp slash product prices - Economic Times
    Got a $5 head? Get a $5 helmet.

  9. #9
    Addicted
    Join Date
    Aug 2010
    Location
    New Delhi
    Posts
    124
    Mentioned
    6 Post(s)
    Tagged
    0 Thread(s)

    Default Re: Motorcycles are set to get costlier in 2015: xBhp News

    Quote Originally Posted by MHG View Post
    What really gets to my nerve about this price hike is the fact that when excise was reduced initially, most bike manufacturers (especially of cheaper bikes) did not pass on the benefits. Also, bikes booked before the price cut were charged full price. Now they want to sell us December and November made bikes (which left the factories for a cheaper 8% excise) for the price of January made bikes (which pay 12% excise).

    If you look at it, prices (for bikes) haven't really fallen at all over the past few years, not even for the entry level commuters which are supposed to get cheaper and cheaper as manufacturers improve efficiency in the manufacture of their cheapest products. Yamaha Crux, the 106cc barebones bike with its ultra frugal skeletal tyres (2.5" front and 2.75" rear) costs 50,000 on road Bangalore after the price hike. Seems atleast 10k more than what it should be priced at.
    This should be reported to consumer court. Either Manufacturers or dealers are making money out of it.

    Sent from my Lenovo P780_ROW using xBhp Connect mobile app

  10. #10
    Rookie nagasathish's Avatar
    Join Date
    Dec 2014
    Location
    Andhra Pradesh
    Posts
    21
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Default Re: Motorcycles are set to get costlier in 2015: xBhp News

    I heard Bajaj pulsar 150 price hiked nearly 2500/- in 2015

Page 1 of 2 12 LastLast

Similar Threads

  1. Replies: 5
    Last Post: 12-07-2014, 12:36 AM
  2. Replies: 4
    Last Post: 11-13-2014, 11:52 AM
  3. Replies: 8
    Last Post: 10-08-2014, 01:13 AM
  4. Triumph 250cc Bike Coming In 2015: xBhp News
    By prasenjit220 in forum News
    Replies: 63
    Last Post: 09-13-2014, 09:20 PM
  5. Suzuki to return to MotoGP in 2015: xBhp News
    By NewsReaper in forum News
    Replies: 6
    Last Post: 06-19-2013, 01:40 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •