Cruiser Bike Segment in the Market
Most companies produce commuter segment bikes for the market. However, there is another segment in the market, which is preferred for its spectacular look and excellent engine ★the Cruiser Bike Segment. Many two-wheeler manufacturers have a range of bikes in this segment. However, the price of these bikes is generally higher than regular bikes, and they offer lesser mileage.
Royal Enfield Classic 350
Royal Enfield is a popular company for cruiser bikes, especially the Royal Enfield Classic 350. The company has listed this cruiser bike at a starting price of 2,20,136 rupees. However, customers can purchase it without spending this amount upfront, thanks to the attractive finance plans the company offers. This report will discuss these in detail.
Finance Plan for Royal Enfield Classic 350
The Royal Enfield Classic 350 comes with an excellent finance plan. To purchase this bike, banks offer a loan at an annual interest rate of 10%. Following this, the company requires a down payment of 29,999 rupees. For purchasing the bike, banks provide a loan for a period of 3 years or 36 months. The repayment is done with a monthly EMI of 6,866 rupees.
Engine of the Cruiser Bike
The Royal Enfield Classic 350 comes with a retro look and a powerful engine of 349cc. The company has kept its weight at 195 kilograms and it has a fuel tank capacity of 10 litres. Talking about its mileage, the company claims that this bike can run up to 32 kilometers on one litre of petrol.
- The Cruiser Bike Segment is popular for its spectacular look and excellent engine. The bikes in this segment are generally higher priced and offer lesser mileage.
- Royal Enfield is popular for its cruiser bikes, especially the Royal Enfield Classic 350. The company offers attractive finance plans for purchasing these bikes.
- The finance plan for Royal Enfield Classic 350 involves a loan at an annual interest rate of 10%, with a down payment of 29,999 rupees. The loan is provided for a period of 3 years or 36 months, with a monthly EMI of 6,866 rupees.
- The Royal Enfield Classic 350 comes with a powerful 349cc engine and a retro look. It weighs 195 kilograms and has a fuel tank capacity of 10 litres. The company claims its mileage to be up to 32 kilometers per litre.
