CHENNAI (TIP): Planning to buy a two-wheeler? The next two days before the weekend may be the best time to do so. Two-wheeler dealers stuck with BS-III stock have been offering discounts ranging from 10-15% since mid-March but those are expected to go up sharply in the next two days as dealers and companies rush to liquidate BS-III stock.
Although most companies remained tight-lipped about their BS-III stock strategy, dealers and officials spoke about ‘customer benefits’ going up to 20-25% particularly on slow moving models. “In the commuter segment alone the discounts for the past two weeks have been in the range of Rs 4,000-5,000 in some models, brands and geographies,” said a senior official with a two-wheeler financing firm.
“The discounts will be higher in higher priced models but even mopeds are fetching around Rs 1,000-2,000 discount in some geographies.”
Sources say in some higher-priced models in the Rs 1 lakh and above range, discounts are in the range of Rs 15,000-20,000. For example the Honda CBR 250R and CBR 150R are fetching cash discount of Rs 15,000 in some dealerships and geographies while the rest of the range, including scooters, get Rs 7,500 off in those sectors.
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