‘Buy New Bikes’ Guide 2017
Buy new bikes guide 2017
1. Indian Two Wheeler Industry Sales Trend •Indian public transport system is not enough to support daily commuters and bikes are most economical personal mobility. Buying a new bike is most important need for Indian consumer . •The growing need of new bikes have lead Indian two wheeler industry to be world’s second largest two-wheeler market after China. Indian 2 wheeler market is continuously growing and is around 16 lakh bikes sales / month in year 2016-17 Indian Two Wheeler Industry - 5 year trend (2012 -2016) 2,000,000 1,800,000 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 -
Scooters
Motorcycles
For your daily travelling needs, buying the new bike will make your life comfortable. Buy new bikes guide 2017 will help you to be a wiser buyer and make your bike buying experience more enjoyable . Buy new bikes guide 2017
2. Why New Bikes ? S. No.
New Bike – Advantages
Used Bike – Advantages
1.
New & Latest Model, Good condition Manufacture warranty, Service Centre support for 12- 24 months
Older Model with some deterioration Service & repair responsibility is with buyer
Easy Bank Loan, eligibility up to 85% price Technically upgraded No Mechanical intelligence needed, latest reviews available
Lower loan eligibility
Parts availability Easy
Some parts may not be easily available
2..
3.
4.
5.
400+ New Bike s Model Variants
Need to have good mechanical intelligence. Used bikes reviews are not available easily
If you’re a first time buyer and not very mechanically intelligent & want lower risks , then buying a new bike will be a right choice for enjoyable biking and peace of mind.
Buy new bikes guide 2017
3. Set Your Budget for New Bikes Want to buy on full cash down payment or need bank loan , in any case spell out your bike budget. Consider the following questions :Q1 What is your own money arrangement to Buy New Bike ? Q2 What is your bike loan eligibility , in case you’re taking a loan . Q3 How much EMI (Equally monthly instalment) and fuel running cost you can spend easily every month. Check EMI & Fuel cost per month Check your Bike Loan Eligibility Online
Carefully buy new bike considering your budget – Consider own funds, bike loan eligibility, EMI & running cost per month . Buy new bikes guide 2017
4. Clarify the Purpose or Usage of the New Bikes • Spell out main purpose of the new bike and who is main user. See few questions that will help in understanding your bike needs :Q1 What will be your main use of new bike, like daily commuting, highway trips, travelling in rough terrains, fun or adventure, racing etc. Q2 Who is main user – male or female , young /matured etc , who else will use it male or female or both . Will the bike be used by various family members regularly. Q3 Is it going to used as solo rider or with pillion passenger on regular basis ? Q4 How many kilometres bike will run daily?
To enjoy your new bike, buy a bike considering the actual User requirements and Usage. Buy new bikes guide 2017
5. Select the Right fit New Bikes Segment • Bikes are divided into segments and sub-segments based on their body type, engine capacity & performance, fuel efficiency, seat & handle designs , tyre style and price. These bike segment serves varied needs of users. Check out what matches yours 2W Sales-2017
Motorcycle 13,000,000 units /year
Source - www.BikeJinni.com
• Commuters • Sports • Cruiser • Cross over • Step thru/Moped
Scooter 6,200,000 units /year
• Automatic Scooter • Executive Automatic • Geared Scooter
Super Bikes
Indian Two Wheeler Segment Classification
10,000 units /year
20,000 units /year
• Classic • Cruiser • Sports
Electric Bikes • E-Bike up to 250 Watts • E-Bike above 250 Watts
All Terrain Vehicles
>500 units /year
• ATV-Side by Side • ATV-Sports • ATV-Entry Level Youth
Based on your needs, choose the most appropriate bike segment wisely. Buy new bikes guide 2017
6. Short Listing New Bikes as per Your Need and Compare
Compare Bikes
Compare the shortlisted bikes online
Shortlist the new bikes as per you needs on online most trusted bike portal , Compare deeply to find best fit new bikes based on your budget . Buy new bikes guide 2017
7. Connect with Current Owners and Read New Bikes Reviews
• Online bike user reviews are easily available . Through new bikes owners you can get knowledge of all positive & negative issues Customer bikes reviews : example Royal Enfield Classic Desert Strom
Overall Star Rating – Avoid less than 3 star rating bikes
Choose the correct new bike . Connecting with the owners will help you to understand any minor or major problems that they have faced during their ownership of the bikes.
Buy new bikes guide 2017
8. Check the New Bikes On- Road Price Online, Negotiate and Pay the Right Price • Understand On Road Price – Pay only the right price
Example of detailed On Road Price
Check for the detailed on road price of your new bike on the most trusted online bike portals
Buy new bikes guide 2017
8. Locate the Near by New Bikes Dealerships • Check the address, phone number of dealership s and directly connect the nearby dealer or ask it through online bike portals.
Connect to the nearby dealership, also ensure service centre is approachable. While buying is onetime activity , bike maintenance needs regular visit to service centre.
Buy new bikes guide 2017
9. Test Ride and Experience the New Bikes Test ride is most important touch & feel activity before buying the new bike . Keep following points in mind while test riding a bike :•The test ride should be taken by the main user who will ride the bike regularly. • In static standing condition - check parameters like mounting , dismounting , putting the scooter or bike on the stand , the height of the seat - is your feet are touching the ground properly, weight and handling of the bike, seat comfort, seating posture, approach to handle and switch gears etc. • Test ride bike for at least 3 to 5 kilometers in different road and traffic conditions , speed humps etc • In riding test - check riding performance , pickup, ease of handling, gear shifting , braking effectiveness, ride comfort both for Rider and Passenger etc. • Know the advanced technological and convenience features that the bike offers to suit your needs. • Ask for the actual bike mileage that users already receive . This will help you understand monthly fuel cost . •Try to get bike user reference & contact details to find about the bike actual performance & issues if any. •Know the warranty terms , service intervals and service costs.
Test ride is must activity and shall be done properly. Once you pay for the new bike and invoice, registration is done , it will be difficult to return the bike as there will loss of money. Buy new bikes guide 2017
10. Check for Hot Deal Schemes on New Bikes • You should always check for the hot deals or discounts- online as well as with dealerships
Check hot deals and latest schemes on Online bike portals and more than one dealership.
Buy new bikes guide 2017
11. Bikes Loan – find out Best Financier & Terms • Find out bank loan terms of your preferred bankers , compare quotes and choose the best bike loan financier. Find Your Preferred Banks Name of the Bank State Bank of India ICICI Bank HDFC Bank Axis Bank Bank of Baroda Saurashtra Bank Punjab National Bank Andhra Bank UCO Bank Bank of Maharashtra Bajaj Finserv Limited L & T Finance Syndicate Bank Indusind Bank Vijaya Bank Allahabad Bank Oriental Bank of Commerce Shriram City Union Finance Bank of India Punjab & Sind Bank Lakshmi Vilas Bank Nainital Bank Mahindra Finance City Union Bank State Bank of Mysore State Bank of Travancore State Bank of Patiala State Bank of Bikaner Jaipur Tata Capital Corporation Bank Central Bank of India Dena Bank Union Bank Sundaram Finanace
Compare Quotes
Source : Online bike loan portal
Understand bike loan interest rate (fixed/variable), loan amount eligibility, maximum loan period, processing fees, document charges , monthly instalment (EMI ) & total amount payable
Buy new bikes guide 2017
12. Bikes Insurance – find out best Insurance company & terms • Shortlist Insurance provider , compare bike insurance quotes and choose the best service provider. • Take on zero depreciation insurance, which will cover you completely for the damages to your new bike Find Your Preferred Insurance Company Banks
Bike insurance cost details
Compare bike insurance Quotes
Source : Online Insurance portal
Bike Insurance policy is essential to protect the third party damage, bike damage and rider / passenger in case of any unfortunate incident or accident.
Buy new bikes guide 2017
13.Pre-Delivery Inspection – New Bikes • Choose your bike carefully after inspecting the bike out of dealer stock . Bike shall not have any damage , rusted parts etc. • Make a thorough Pre delivery Inspection- Check out scratches, leakages, missing or non working parts , switch gear functioning, odometer reading is less etc.
1.Inspect the bike body: Check dents, scratches. Do not accept bike with transportation loading-unloading or accidental damages. 2.Inspect bike body paint: Paint shall be uniform & shall be checked in bright day light or good tube light. Do not accept on the bike with faulty, patched, zigzagged poor paint. 3.Inspect bike for abrasions on levers & foot pegs: Check for scratches & abrasions on the levers (front brake lever, clutch lever),handle bar ends, front leg guards, gearshift lever, rear brake lever , side stand and foot pegs. When bike falls , these parts touch the ground. Do not accept bike with scratches & abrasions. 4.Inspect bike electrical and switch gears: Check console speedometer, headlamps, tail lamps, indicators, ignition switch, switches . Do not accept faulty, scratches, damaged bike. 5.Inspect bike seat cover cracks & cuts: Check seat cover, padding & stitching etc. Do not accept cracks, cuts, spots, poor stiches etc. 6.Inspect rust on bike: Check inside fuel tank with torch light, body welding, scratched paint parts, nut & bolts, silencer exhaust pipes. Do not accept bike with rusted parts. 7.Inspect bike rims & tires : Check the wheel rims & tires by putting bike on main stand. Inspect wheel wobbling, damages, rust, tire cuts etc. Do not accept if anything is not good in rims & tires, it is safety item. 8.Inspect leakages in bike: Check any leakages in engine , gear box , brake oil ,battery, radiator fins (in case of water/liquid cooled engine). Do not accept leakages in new bikes.
A careful pre delivery inspection is essential step while buying a new bike. Do not accept any repaired or poor quality bike as you are paying full price for the machine.
Buy new bikes guide 2017
14. Warranty Terms - New Bikes New bikes come with standard warranty and added advantages of extended warranty. Extended warranty is essential if the owner is going to use the bike for long period or if bike model is prone to breakdowns. Manufacturer Standard Warranty New Bikes come with standard warranty that ensures peace of mind and complete satisfaction of ownership for bike usage . A standard warrant covers the new bike for all manufacturing defects for a certain time period and kilometres run. Each bike is accompanied by a Warranty and Maintenance Guides , that provides details on the detailed warranty coverage , the rights & responsibilities of owner, service dealer and manufacturing company. Extended Warranty After the expiry of normal standard warranty, the extended warranty protects the bike for additional time period at additional cost. Extended warranties normally covers repair cost of main mechanical parts, road side assistance, towing services etc . Please do follow the terms like regular service obligations & responsibilities of owner to get maximum benefit of extended warranty.
If you are buying the new bike for long term usage, you shall buy extended warranty at a nominal additional cost for peace of mind.
Buy new bikes guide 2017
15.Selecting the Right Accessories & Riding Gears Suitable with New Bikes Great you have already chosen the right bike , now its time to choose right accessories & riding gears . Bike Jinni.com categorised accessories into 1. General purpose accessories 2.Style accessories 3.Safety accessories 4.Utlitity accessories 5. Performance & Comfort accessories 6.Entertainment accessories 7. Riding gears
There are many accessories and riding gears that you may require for improved performance and make it suitable to your needs. Buy new bikes guide 2017
16. Documentation & Delivery- New Bikes
Do not get carried away in buying new bike excitement. Take care of proper documents: • Payment Receipts • Invoice of new bike & accessories • Registration Certificate (RC), permanent or temporary • Insurance cover note (in case buying at dealership) • Pollution under control (PUC) certificate • Bike Manuals, Service booklet along with free service coupons, warranty cards • Service support number- Company toll free number or dealership service assistance number.
Take delivery in day time and ride new bike home safely . In case, you are not confident or do not have driving license , ask dealership team to deliver it to your place . Keep original documents with you while riding the new bike safely. Keep a digital and a photocopy of all bike documents safely at your home or office.
Buy new bikes guide 2017
17. Contact Us • Share your new bikes buying experience with us and we will help you to reach it to a large audience . Your genuine review matters a lot and it will be great support to new buyers for taking a wiser buying decision. Write a review in BikeJinni portal – http://www.bikejinni.com/users-bikes-reviews • BikeJinni is here to help you at every step of buying a new bike . If you are facing any difficulty to buy a new bike, please contact us at http://www.bikejinni.com/home/contactus or drop a message on 9953034040. •Think Bike, Think BikeJinni.com. “Most Trusted Bike Portal and Bike Big Bazaar”
Also check similar feature article “Used Bike Buying Guide 2017”http://www.bikejinni.com/home/featuredetails/features-review-2017-guide-to-buy-used-bike-in-india Kindly give your valuable comment and share please , thank you .
Happy Buying and Happy Biking .. Buy new bikes guide 2017