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Royal Enfield launched the limited edition Classic 500 Pegasus in the Indian market in July 2018. Only 250 units were sold in India and online sales received a tremendous response. In August 2018, the Royal Enfield Classic Signals 350 was launched with dual-channel ABS and it features a similar design as the Pegasus 500.
Since the launch of the Classic Signals 350, the Pegasus 500 owners were unhappy with the company for not providing ABS on the limited edition bike. The owners also complained about the similar design on the Signals 350 which hampers the exclusivity of the limited edition Pegasus 500.
Some owners went ahead and dumped the Pegasus 500 into the garbage and stated that it is a useless motorcycle. Recently an owner has also filed an RTI petition with the transport ministry and questioned why Royal Enfield did not provide ABS on the Pegasus 500. The Pegasus 500 which is exported to global markets is equipped with dual-channel ABS.
Now, a report from RushLane states that Royal Enfield could buy back the Classic 500 Pegasus from the angry owners. The report also states that RE dealers will buy back the Pegasus 500 and use it as display bikes. The dealers might even sell the bikes to new buyers. The report also claims that only a few owners are unhappy with the Pegasus 500.
The Royal Enfield Classic 500 Pegasus 500 and the Classic Signals 350 has a lot of similar design elements. Both the bikes get a unique numbering on the fuel and military-inspired logo. The overall design of both the bikes is also identical.
The Royal Enfield Classic 500 Pegasus draws power from the same 499cc fuel-injected, air-cooled, single-cylinder engine that produces 27.2bhp and 41.3Nm of torque. The engine is mated to a 5-speed gearbox. The cycle parts such as front forks and rear suspension are similar to the standard Classic 500 model.
Thoughts On Royal Enfield Buying Back The Pegasus 500
Since the launch of the Classic Signals 350, the Royal Enfield Pegasus 500 owners were unhappy with the company for not offering ABS on the expensive limited edition model. The protest from the Pegasus 500 owners continued and RE was silent on this issue. But now, Royal Enfield could buy back the Pegasus 500 and the official statement could be released in the coming days.