The indian government has announced a GST reduction on small cars and bikes, cutting the rate from 28% to 18%. This festive season, two major bike brands, Hero and Honda, are expected to pass on savings to customers. Here’s how the price war is shaping up:
💰 1. GST Cut: A Festive Relief
- GST on small bikes reduced from 28% → 18%
- Consumers can save thousands of rupees on new purchases
- Expected to boost festive season sales for bike brands
🏍️ 2. hero Bikes Price Update
- Popular models like Hero Splendor, HF Deluxe, and Glamour will see price drops
- Estimated savings: ₹5,000–₹10,000 per bike, depending on the model
- Hero aims to attract budget-conscious buyers during the festive season
🏍️ 3. honda Bikes Price Update
- Honda bikes like CB Shine, Activa, and SP 125 will also become cheaper
- Price reduction similar to hero, around ₹5,000–₹12,000
- Honda is expected to retain market share through competitive pricing
⚖️ 4. hero vs Honda: Which Saves More?
Brand
Popular Model
Pre-GST Price
Post-GST Price
Approx Savings
Hero
Splendor
₹78,000
₹70,500
₹7,500
Honda
CB Shine
₹85,000
₹77,500
₹7,500
Hero
HF Deluxe
₹70,000
₹64,000
₹6,000
Honda
Activa
₹83,000
₹75,500
₹7,500
Observation: Both brands pass on significant savings. Choice depends on personal preference, mileage, and brand loyalty.
🛠️ 5. Other Benefits
- Lower EMI options during the festive season
- Special discounts, free accessories, or exchange offers
- Financing options via banks and fintech platforms
🌟 6. Final Takeaway
The GST cut makes small bikes more affordable for the common man. Whether you choose Hero or Honda, the festive season is the perfect time to buy a bike without burning a hole in your pocket.
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