Demand for Cars and Bikes Increases in India
The demand for cars and bikes in the Indian market has significantly increased. With the rise in demand, the prices of cars and bikes have also seen a significant surge. This can be attributed to the increased prices of components and semiconductors in the international market which has raised the manufacturing cost of vehicles. Consequently, companies are passing on the added cost to consumers, resulting in higher prices for those looking to purchase a car or bike.
Consumers Preferring Second Hand Bikes
Given the price surge, consumers are now opting to purchase second-hand bikes, which has led to considerable growth in the second-hand market over the past few years. Second-hand bikes can be a great option for those looking to buy a bike on a budget.
Features of Hero Splendor
A good option for a second-hand bike is Hero Splendor. The basic model of Hero Splendor does not have many features and is a simple bike that helps the common man complete his journey. However, its XTec model offers several advanced features. This model provides Bluetooth connectivity, USB charging port, navigation, and a fantastic look among other features. The price of this bike in India ranges from ₹65000 to ₹75000, providing a good mileage and power.
Cost of Second Hand Bikes
When it comes to the cost of second-hand bikes, websites like OLX offer great deals. The prices of bikes on this website are quite affordable. For instance, the website is selling a 2013 model of Hero Splendor Plus for a mere ₹13000. The bike is in good condition. Another website called Droom is selling a 2016 model of Hero Splendor Plus for ₹25000. The bike is in excellent condition and comes with bike insurance and original documents.
News Summary:
- The demand for cars and bikes in India has significantly increased, leading to a price surge.
- Consumers are now opting to purchase second-hand bikes due to the high prices of new bikes.
- Hero Splendor is a good option for a second-hand bike, with its XTec model offering several advanced features.
- Websites like OLX and Droom offer great deals on second-hand bikes, with prices being quite affordable.
