THE NEW ON-ROAD PRICES FOR RE MODELS WITNESS A HIKE FROM Rs 38 TO Rs 4,399.
Royal Enfield is one of the few manufacturers that sell bikes both above and below the 350cc mark. Under the new GST norms, bikes below 350cc attract a tax of 28 per cent while bikes with engine capacities above 350cc are taxed at 31 per cent. Earlier, all bikes were taxed at 30 per cent.
|Model||Pre-GST ex-showroom price (Rs) - Pune||Post-GST ex-showroom price (Rs) - Pune||Ex-Showroom price difference (Rs)||New RTO Charges (Rs)||Difference in RTO charges (Rs)||New insurance charges (0 dep)||Insurance difference (Rs)||New on-road price, Pune (Rs)||On-road price difference (Rs)|
|Bullet 350 UCE||1,13,511||1,13,436||75 less||11,970||8 less||4,850||121 more||1,30,257||38 more|
|Bullet Electra||1,27,521||1,27,439||82 less||13,399||8 less||5,312||131 more||1,46,150||41 more|
|Thunderbird 350||1,46,403||1,46,312||91 less||15,324||9 less||5,935||149 more||1,67,570||48 more|
|Classic 350||1,35,898||1,35,813||85 less||14,253||9 less||5,588||140 more||1,55,654||46 more|
A government initiative, GST (Goods and Service Tax) is a unified tax norm that aims to channel all different existing taxes into one single tax. Read here to know more about GST and its impact on two-wheelers.
While Royal Enfield models below 350cc witness a minor hike in ex-showroom price, bikes above 350cc see a substantial hike in prices. The Himalayan sees the highest hike in ex-showroom price at Rs 3,819. This though might include the cost of fuel injection as the Himalayan has currently been discontinued to make way for the Himalayan FI.
|odel||Pre-GST ex-showroom price (Rs) - Pune||Post-GST ex-showroom price (Rs) - Pune||Ex-Showroom price difference (Rs)||New RTO Charges (Rs)||Difference in RTO charges (Rs)||New insurance charges (0 dep)||Insurance difference (Rs)||New on-road price, Pune (Rs)||On-road price difference (Rs)|
|Himalayan||1,61,958||1,65,777||3,819 hike||17,309||389 more||6,892||190 more||1,89,978||4,399 more|
|Classic 500||1,73,333||1,76,132||2,799 hike||18,365||285 more||7,244||166 more||2,01,742||3,251 more|
|Desert Storm||1,76,132||1,79,085||2,953 hike||18,667||302 more||7,344||174 more||2,05,096||3,429 more|
|Classic 500 Chrome||1,83,994||1,86,870||2,876 hike||19,461||294 more||7,609||180 more||2,13,940||3,350 more|
|Thunderbird 500||1,85,630||1,88,412||2,782 hike||19,618||284 more||7,661||177 more||2,15,691||3,242 more|
|Bullet 500||1,63,827||1,66,256||2,429 hike||17,358||248 more||6,909||147 more||1,90,523||2,824 more|
While ex-showroom prices for bikes below 350cc might have dropped marginally, prices for Insurance and RTO charges have gone up. Together, they offset the gains to be had with the drop in ex-showroom price. In, a nutshell prices for Royal Enfield models have gone up.