In view of the Supreme Court's decision to ban the sale and registration of new BS-III vehicles from April 2017, two-wheeler manufacturers are offering huge discounts to clear their existing stock.
Following the Supreme Court’s ban on the sale BS-III vehicles from April 2017, dealers are offering massive discounts in order to clear out their unsold stock. Since the two-wheeler industry is hit the hardest from the apex court’s ruling, huge discounts are being offered on BS-III models of Honda, Hero MotoCorp, TVS, Triumph, Ducati, et al, at different dealerships across the country. Also, since today is the last day to sell BS-III vehicles, dealers will be offering even bigger discounts so as to dispatch maximum vehicles from their soon-to-be-defunct inventory.
To give you an idea, some Honda dealers are offering cashback offers of as much as Rs 22,000 on BS-III models of Navi, Activa, Dio and Aviator. Some Honda motorcycles such as the CB Shine SP, Dream Yuga and Livo have around Rs 18,000 discounts on offer. Reportedly, a couple of Honda dealers are offering a Navi free with BS-III versions of the CBR150R and CBR250R. Now that’s some deal!
Dealers of Hero MotoCorp are not far behind in this race of clearing out their old BS-III stock. Scooters such as Maestro Edge are being offered with discounts of up to Rs 12,000 whereas motorcycles like Splendor Pro, HF Deluxe, Glamour and Super Splendor have discounts ranging between Rs 5,000 – Rs 7,500.
For people waiting to buy their dream big bike, this could be the time. Ducati dealers, for instance, are offering massive discounts on their BS-III models – the Monster 821 has Rs 2.7 lakh discount, the Diavel has Rs 2 lakh off and the Urban Enduro has its price reduced by nearly Rs 1.5 lakh. Similarly, Triumph is offering around Rs 3 lakh discount on BS-III models of Thunderbird Storm, Thunderbird LT and Rocket III. The Tiger range has discounts ranging between Rs 60,000 and Rs 1.5 lakh. The Daytona supersport also has about Rs 90,000 cut from its sticker price.
While most of the car manufacturers have already moved to BS-IV regulations, Tata and Mahindra still have some BS-III products that are lying unsold. These include the Indigo eCS and Sumo from the former, and Bolero and Bolero Pik-up models from the latter. They have got discounts of around Rs 1 lakh owing to the last day rush.