Honda Two-Wheelers Increase Prices Of Their Entire Line-Up; Effect Of New Insurance Policy

Honda Two-Wheelers India has increased the prices of its entire product line-up in India.

By Rahul

Honda Motorcycles and Scooters India Pvt Ltd (HMSI) has updated the price list of its entire two-wheeler line up in India. The reason for the price hike being the new supreme court ruling, mandating the five-year insurance rule for new vehicles.

According to Autocar India, the on-road prices for the entire range of motorcycles and scooters in Honda's India lineup has increased by Rs 4,000 to Rs 10,000, depending on the model.

Five-Year Insurance Policy Rule: Honda Two-Wheelers Increase Prices Of Their Entire Line-Up

Honda's most-popular offering the Activa 5G has seen a price increase from Rs 64,600 to Rs 68,600. While, the prices of the more expensive models such as the Honda CBR250R (ABS) has increased by Rs 8,000, from Rs 2.22 to Rs 2.30 lakh. Both prices are on-road, Mumbai.

Five-Year Insurance Policy Rule: Honda Two-Wheelers Increase Prices Of Their Entire Line-Up

Prices for the other scooter offerings such as the Grazia, the Navi, the Activa 125 and the Dio has also increased by around Rs 5,000. The Honda Grazia has seen an increase in prices from Rs 73,990 to Rs 83,440. The Activa 125 has also recorded a price hike of roughly Rs 6,000 and is now priced at Rs 81,464.

Five-Year Insurance Policy Rule: Honda Two-Wheelers Increase Prices Of Their Entire Line-Up

The Honda Navi has,however, received the highest increase in price by roughly Rs 10,000. The 2018 version, which was launched in India recently is now available with a price tag of Rs 58,720 from the previous Rs 48,800. All are On-Road prices.

Five-Year Insurance Policy Rule: Honda Two-Wheelers Increase Prices Of Their Entire Line-Up

Similarly, prices for the motorcycle offerings from Honda has also been increased. Motorcycles such as the CB Hornet 160R, XBlade 160 and the CB ShineSP has also recorded increases in prices. The CB Hornet160R and the X-Blade 160 come with a price hike of around Rs 5,000.

The two motorcycles are now priced at Rs 1.16 lakh and Rs 1.0 lakh, respectively. The CB Shine Sp, on the other hand, is now priced at Rs 83,779 after an increase of around Rs 3,000.

Five-Year Insurance Policy Rule: Honda Two-Wheelers Increase Prices Of Their Entire Line-Up

Here is the list of all the HMSI offerings, with their old and new prices:

Model On-road (Old) on-road (New)
Activa 5G Rs 64,500 Rs 70,766
Activa-i Rs 61,000 Rs 64,639
Activa 125 Rs 75,600 Rs 81,464
Dio Rs 64,700 Rs 68,965
Aviator Rs 64,800 Rs 72,643
Cliq Rs 55,300 Rs 58,825
Grazia Rs 73,900 Rs 80,440
Navi Rs 48,800 Rs 58,720
CB Honet 160R Rs 1,12,000 Rs 1,16,617
CB Unicorn 160 Rs 87,300 Rs 98,332
X Blade 160 Rs 95,700 Rs 1,00,585
CB Unicorn 150 Rs 82,600 Rs 89,287
CB Shine SP Rs 79,000 Rs 83,779
CB Shine Rs 72,400 Rs 78,932
CBR 250R Rs 2,22,600 Rs 2,30,206
Dream Yuga Rs 62,900 Rs 68,773
Dream Neo Rs 59,800 Rs 66,011
CD Dream Rs 56,800 Rs 63,505
Livo Rs 67,600 Rs 75,051

*All are On-Road prices, with slight variations across different cities.

Thoughts On The Honda Two-Wheeler Price Increase

Five-Year Insurance Policy Rule: Honda Two-Wheelers Increase Prices Of Their Entire Line-Up

The Supreme Court recently mandated a rule, making a five-year insurance policy compulsory for new vehicles. As part of this rule, all major automobile brands are updating their price lists accordingly. The new rule came into effect from the 1st of September 2018 by IRDA for both two and four-wheelers in the country.

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Read more on: #honda motorcycle
Article Published On: Monday, September 10, 2018, 13:11 [IST]
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