Top Bikes with High Resale Value in India
There are many reasons you may want to invest in a new bike and then sell it later on, and would want a good resale value for the same. Read about some good options with which you will get a high resale value.
Bikes nowadays have new models coming out constantly. You may be someone who wishes to replace your vehicle often, by selling our bike and purchasing a new model. When deciding which bike to purchase, this may be one of the factors you keep in mind.
Let’s read about some of the bikes in India which have a high resale value, which would make it feasible for you to sell them with minimal loss and at a good price when the time comes.
1. Royal Enfield Classic 500 Cruiser
The Royal Enfield Classic 500 Cruiser has a fashionable retro design with a single saddle and round headlamp. It is extremely popular with a cult following which makes for a high demand for it across the country, ensuring a good price for when you try to sell it. It has a 499 cc fuel-injected engine and can generate 27.2bhp of power with 41.3Nm of torque.
2. Hero Splendor Plus
This is one of the most popular and best-selling commuter bikes in the country. It has a clean design and is easy to handle, making it suitable for both urban as well as rural roads. It is not difficult to maintain. All these features make it attractive when someone is looking to purchase a bike second hand. It has a 97.2 cc engine which generates 8.2bhp of power and a torque of 8.05Nm.
3. Honda CB Unicorn 150
This is a popular bike for many reasons. It was the first in the country to have mono-shock suspension. It is also a popular commuter bike and a strong core design though its outer appearance has been updated a few times. It has a 149.2cc engine and can produce power up to 12.73bhp with an impressive torque of 12.8Nm. It has a reliable engine and impressive build quality, resulting in a high resale price.
4. Hero Passion Pro i3S
This bike is a true all-rounder with high mileage, affordable price, and a stylish exterior. It is a variant of one of the best-selling commuter bikes in the country, the Hero Passion. It has a 97cc single-cylinder air-cooled engine and produces 8.2bhp of power with 8Nm of torque. It offers a mileage of 84kmpl.
5. TVS Star City Plus
This is also a popular bike when it comes to commuter bikes, and it also has a visually appealing appearance which has been updated a few times. It is powered by a 109cc single-cylinder, air-cooled engine which generates 8.3bhp of power and 8.7Nm of torque, with a mileage of 86kmpl. The appealing feature is its weight, which at just 109 kg makes it easy to control.
Factors Affecting the Resale Value of Bike
When it comes to the resale of bikes, their value is affected by a number of factors. Understanding of such conditions will help you gain a better value of your bike. Here are some of those factors:
Condition of the Bike
It is said that the first impression is the last impression, on the same note, a bike in good condition will get you a better return on sale rather than one which has scratches, dents, worn-out parts, rust, etc. It does not matter even if the motorcycle is rideable, but its condition will certainly have a big impact on its resale value.
Mileage of the Bike
A buyer always judges a vehicle on the basis of its mileage. It is quite a genuine and reasonable factor as the mileage of a bike makes it affordable and costlier to ride. If a two-wheeler vehicle is delivering a good mileage, it shows that it has a good service history which will surely enhance its resale value for the capability of providing economical rides.
Modifications in the Bike
Generally, bike owners are excited to get their motorcycles modified to give them a customised look. Such acts of modifications can also affect the final price of your bike while selling it. If the personalised modification increases its overall appearance and performance, then its resale value can also go up, but if modifications are quirky or not appealing, then they can have a bad impact on the resale value too.
Demand for Your Bike
There are some bike models which are much more popular than other motorcycles and scooters available in the market. Some of those are also highly popular due to being limited-edition models. If your bike is one of those, then there will be a high probability that the resale value of your bike will be higher and you may get a good amount while selling it.
Timing of the Sale
The introduction of a new bike model in the market can also impact the resale value of your bike. It is human nature to opt for the latest and greatest product, hence, whenever a new and improved version of any bike or scooter model is launched, it does have its impact on the prices of second-hand bikes. You can also understand this concept as demand and supply, wherewith the entry of new models, the demand for old vehicles gradually tends to decrease. If you have a bike which is more than two years old, then you may have to offer a discount to attract your customers amid the launch of new bike models.
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Takeaway
You are now aware of some of the top choices when it comes to bikes with high resale value. Make sure to research your choice carefully and purchase one that meets your needs and preferences.
Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.
