What is GREY market bikes in India?
Grey market often refers to Stolen stuff. If a dealer says Grey market, you can’t be sure about its origins… See the first risk? Grey Market is a relatively small term. Just to elaborate, you are simply evading tax on the bike.
What is gray market bike?
The grey market for Super bikes had flourished in India so far but it seems to wane in the wake of present launches by the automobile manufacturers in India. The price of these bikes is around Rs. 8.5 lakh in the grey market while these bikes are priced between Rs. 10-13 lakh in showrooms.
Which is better Yamaha or KTM?
You sit higher on the KTM. Compared to the Yamaha, the clip-ons are placed higher and closer to the rider so you are more comfortable. Well, not that comfortable – it is an entry-level supersport after all….Engine and performance:
| KTM RC 125 | Yamaha R15 V3.0 | |
|---|---|---|
| City FE | 44.95kmpl | 48.75kmpl |
| Highway FE | 45.87kmpl | 47.92kmpl |
Are there any superbikes available in India?
Also, chances are that the bikes have already been through the system a few times between owners and any problems would have come to light earlier. Most major superbike manufacturers such as Honda, Yamaha, Kawasaki and Suzuki are expected to offer superbikes officially on sale in India.
What is the reputation of a bike seller in India?
The reputation of a seller is very important. An overwhelming 99\% of import bikes in India are brought down via the “transfer of residence” route, wherein an Indian, living abroad for a certain period of time, is allowed to bring back the vehicle that he was using there (for a reduced percentage of duty).
How much is the import duty on a used superbike?
While superbikes attract an import duty (customs) of 142\% (used) or 88\% (new), the market is very unpredictable. A correct and well-informed approach will go a long way in ensuring peace-of-mind with your superbike purchase.
How to sell a bike in India after registration?
Under the “Transfer or residence” route, the vehicle cannot be sold for 2 years from the time of registering it in India. Therefore, the first step is to verify the age of the bike and ensure that it is more than 2 years since it has been brought into the country.