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Bike prices in India can be confusing sometimes because of the complex taxes vary from state to state.
Two wheeler companies normally share ex showroom prices of bikes on their websites. Bike dealers are allowed to prepare bike on road price by adding the taxes & levies according to local tax structure in their state or city.
Many bike dealers may charge unnecessary additional costs & increase bike on road prices to get more profit out each new bikes sales from the unaware bike buyers.
Knowing the components of bike on road prices is right of a two wheeler consumers. If you know what is ex showroom price of bike and know how to calculate on road price of bike, then you can ask for bike price in India discounts and also avoid any bike on road price overcharging by bike dealers.
Believe it or not, more than 70% of new bike customers are overcharged due to lack of knowledge of 'bike on road price' or their usage of On Road Bike Price Calculator tool available online.
'Bike prices in India', is an important factor in decision making when you plan to buy new bikes. Many two wheeler companies only provide ex showroom price of bikes on their website and most of times these bike prices in India are old and do not match the pricing quoted by the bike dealers, when you go to buy new bikes.
Few companies like Honda two wheeler (HMSI) , Suzuki bikes (SMIPL) have started giving ex showroom prices of bikes and bike on road prices on their company websites. But normally, the on road bike prices in India shown are old and updated after considerable delay.
So, BikeJinni Team decided to prepare this Guide on Bike On Road Prices and also make all Bike Prices in India available online for the convenience of customers who want to buy new bikes.
To make you well informed new bikes buyer, this Bike price in India guide explains the following points in detail -
1.What is Ex showroom Price of Bikes?
2.What is Bike On Road Prices in India?
3.Bike Prices Tools - On Road Bike Price Calculator
4.Two Wheeler Bike Insurance Costs/Charges - On Road Bike Price?
5.Bike Transportation, Handling Charges - Bikes prices in India?
6.Check overcharging in Bike Price in India?
7.Tips to save more money while buying new bikes in India?
The objective of this bike price guide is to educate and make you aware all about Bike Prices in India. So, please do read this below points to be an informed wiser buyer and save your precious money when you buy new bikes.
1. What is Ex-showroom Price of Bikes?
In India, Ex showroom Price of bike is the starting price shown in New Bike Price Invoice by bike dealers. Two Wheeler Company Price of bike to dealer is called Dealer Price of Bike that includes Excise duty, Cess, Swatch tax etc . Bike Dealer adds dealer sales margins, transportation costs from Company to Dealership, Value Added Tax or GST and local levies & Octroi charges etc.
This is called Ex-showroom Price of Bike. This basic bike price in India of the new bike does not include bike RTO registration charges, bike insurance charges, bike handling charges, bike accessories, etc.
Ex-showroom prices of bikes can be different in different cities as per 'bike price in India' strategy of two wheeler company.
For example, the ex-showroom price of the bike in Delhi will be lower than the ex-showroom bike prices in Mumbai or Hyderabad or Chennai due to lower taxes. Get on road price of bikes.
2.What is Bike On Road Prices in India?
Bike On road price has few price components added to the ex-showroom price of the bike. The main bike price components that make the On Road Price Calculator Bike are lifetime road tax of bike, bike registration certificate (RC) charges, bike insurance charges, and logistics charges or handling charges in transporting the new bike etc.
In fact, correct bike on road price shall include only bike registration, life time road tax, insurance and receipted government taxes (like MCD parking , number plate fixing etc). Anything extra like handling charges or transportation chares shall not be paid and negotiated in case it is unavoidable.
Bike on road price is referred as Final Customer Price of the bike with all permission to ride the bike On the road in India.
3.Bike Prices Formulas and Tools - On Road Bike Price Calculator
Bike On Road Price Calculator – will support you to know On Road Bike Prices in India (Two Wheeler- Bikes/ Motorcycles / Scooters / Superbikes / E-bikes / ATVs / Electric scooter )
Bike On Road Price in India = Ex-Showroom Price of bike in India + State RTO Charges (Registration Fee & Taxes) of Bike + Bike Insurance Charges + Bike Dealers Transportation, Handling Charges, etc
Bikejinni Team has collected RTO/Registration charges for all kind of bikes in main states /cities of India. Also, collected the Bike Insurance policies from leading two wheeler Insurance companies.
With this bike data in hand, it worked out an intelligent program to prepare detailed Bike on Road Prices for more than 600+ cities & towns in India
'Calculate On Road Price of Bike' Please Visit BikeJinni On Road Bike Price Calculator
4.Two Wheeler Bike Insurance Costs/Charges in the On Road Bike Price
Two wheeler insurance is economic protection of two wheeler or its riders and 3rd party damages, in case of any unforeseen accident, natural disaster, theft or damages occur as per bike insurance policy terms.
Two wheeler bike Insurance policies normally provided to all two wheeler bikes approved for running on the road for personal use or commercial use or both.
Types of Two wheeler Insurance Policies in India are –
Two wheelers Comprehensive Policy of all bikes, Third Party Motor Liability two wheeler bike Insurance Policy etc.
These Bike Insurance policies can be obtained with nominal two wheeler insurance costs from bike dealers, Insurance company agents or online insurance sites.
BikeJinni also supports competitive New Bike Insurance as well as Renewal of Bike Insurance; please visit here BikeJinni Motor Insurance.
Third party motor liability insurance policy is mandatory by Government of India for New Bikes purchase, it protects the two wheeler bike owner against the legal liability arising in an unforeseen bike accident with 3 rd party leading to claim.
5.What are Logistic Transportation Costs, Handling Charges, etc. in bikes prices charged by Bike Dealers in India?
Logistic Transportation Costs in new bike prices in India is the local transportation charges or expense that bike dealer incurred from bike warehouse to showroom for delivery of bike to the customers.
Two wheeler companies like Honda, Suzuki do not allow their bike dealers to charge such extra transportation costs to customers.
But most two-wheeler companies do not control the bike on price by their bike dealers well.
Bike Handling Charges is extra costs that bike dealers charge for some services like RTO / Registration
Bike On Road Prices including all charges, while most of two wheeler manufacturers leave it open for their bike dealers to determine such charges to recover additionally from customers.
Bike dealers show these handling charges as expense incurred on bikes transportation from warehouse / showroom to RTO/Registration authority for bike number plate registration, Initial limited fuel, the number plate & writing charges, Initial PDI or cleaning of bike, delivery charges etc .
The Bike Logistic / handing charges amount vary from Rs 500 on a 100cc motorcycle / scooter to Rs.25,000 on a super sports bikes. Bike customers shall be vigilant against any dubious amount added in Bike On Road Price as bike handling charges/documentation fees/bike preparation fees.
6.How to be sure that you are not being overcharged in Bike Price in India?
Many new bike dealerships add extra charges of bike registration or logistic /handling charges to unaware customers. So, new bike customers normally pay extra bike price in India while buying a new bike.
To avoid being charged extra RTO expenses in bike/scooter price, you should check website of your local Regional Transport Office (RTO) to know exact charges on a new two wheeler ( motorcycle/ scooter/ superbike ) Two Wheeler On Road Price.
To make the calculation easy, BikeJinni has prepared extensive on road pricing for almost 400 bike models of new bikes and scooters in India that are available in the two-wheeler market today.
BikeJinni endeavor to provide latest "On Road Bike Price" with the detailed price break-up of RTO/Registration, Bike Insurance for your easy understanding.
To check on road bike price in India, you just have to select the city, the model and the variant you want to buy. The Bike on Road Price will be shown on your screen using Jinni on road bike price tool.
At BikeJinni, you can see bike prices from over 600 cities in India to buy new bikes with ease.
7.Tips to save more money while buying new bikes in India?
Money can be saved by careful study of on-road bike price components.
Make sure that you understand the final bike price in India well before the invoice is printed and you make payment for new bike purchase. It may be difficult for you to negotiate, once you paid payment and the bike invoice is printed.
i). First tip to save money while buy a new bike is understand On Road Bike Price detailed break up. Do refer BikeJinni On Road Price Tool and check latest detailed on road bike price.
ii).Second tip to save money on new bike purchase, you can go for Online Bike Insurance from the best two wheeler Insurance company you trust. The Bike dealer or Insurance agent is going to charge you 20% to 40% more bike insurance cost of basic premium value.
Online Bike Insurance are generally cheaper. Also, see what kind of bike insurance policy you are buying. There are different kind of two wheeler insurance policies in the market providing different kinds of benefits. It is always better to choose the one that will suit your need. Do Visit BikeJinni Bike Insurance page, you will get good knowledge and latest deal.
iii).Third Tip to pay less on new bike price, check if you want to buy extended warranty for the two wheeler / motorcycle bike.
If you connect with the other owners or read bike user (customer) reviews, you will know if you should invest in extended warranty or not.
BikeJinni provides extensive user reviews from the owners on every bike model variant (motorcycles and scooters) in India.
iv). Fourth Tip to save more money while buy new bikes, exchange your old bike at time of buying the new bike.
Many bike dealerships provide old bike exchange offers to the customers that can save more money than normal selling of old bike in market.
v). Fifth Tip to save more money while buy new bikes, you shall check online discount / offers / hot deals on new bikes by two wheeler companies.
Honda / Hero / Yamaha / Suzuki bikes and other two wheeler companies gave huge discounts on sales of BSIII bike models. Top bike companies in India , brings out good festive discounts or in small selling Period of Sharad / December.
Please keep watch in BikeJinni hot deals (bike discounts /offers) section , that shows best deals from two wheeler companies and bike dealers .
With all these knowledge of our experts about "On Road Bike Price" and how to save money while buying a new bike, we are hopeful you will gain more confidence and get better "bike on road price".
In case, you need further assistance to sell or buy the New or Used bike, please contact BikeJinni’ support team at www.bikejinni.com/home/contactus
or call/send message on 9953034040.
Team-BikeJinni will be happy to support you for saving your money while you buy a new or used bike.
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