Are you planning to buy a two-wheeler? If yes, rush today and buy it at the cheapest rates. And I'm sure all those who're not; will surely develop an urge to buy after reading this article. All your automobile dealers like Hero, Bajaj, Suzuki Motorcycle are offering heavy discounts to clear old stock. The Supreme Court of India has imposed a ban on sale and registration of old vehicles after 1 April 2017.
So before wasting much of your time, head on to the story and rush to the nearest automobile showroom and ride today at the cheapest rate.
With this idea in mind, the companies are offering discounts and cash back up to 22,000 on BS-III compliant models to liquidate old stock before April 1 as BS-IV standards become the norm in India.
"Market leader Hero MotoCorp offered discounts of up to Rs 12,500 on its BS-III two-wheelers. According to dealers, the company is offering a rebate of Rs 12,500 on its scooters, Rs 7,500 on premium bikes and Rs 5,000 on entry-level mass market motorcycles.
The models on which discounts are offered include scooters Duet (priced Rs 49,480) and Maestro Edge (Rs 51,030), motorcycles Glamour (Rs 59,755) and Splendor 125cc (Rs 55,575)."
All these offers are valid until March 31st, 2017.
For the motorcycles like Shine, Dream, Yuga, Livo off is as high as 18,800, and on Scooters Activa, Dio, Aviator, the discount range is between 13,500-14,500.
"With 6.71 lakh two-wheelers, out of over 8 lakh BS-III vehicles impacted by the ban, dealers said the immediate effort is to sell as many units as possible before the deadline by offering 'unheard of discounts' in the industry."
"These are all time high discounts in the band of 5000-22,000. Manufacturers will compensate for the most of it, but there will be a squeeze on margins at the dealers end too. It is easier to liquidate stocks of two-wheelers but not so for bigger-ticket commercial vehicles."
"If there are any unsold inventory left, we have the possibility to export as we are a big exporter to around 70 countries across the world."
However, due to heavy rush, most of the two wheelers in the showroom have been sold out.