Piaggio Vespa LX125's Price Down to Rs. 59,960
Italian bike maker Piaggio Vehicles Private Limited, which enters into Indian two-wheeler segment with their iconic Vespa scooter, has now cut the price for its classic Piaggio LX...
Italian bike maker Piaggio Vehicles Private Limited, which enters into Indian two-wheeler segment with their iconic Vespa scooter, has now cut the price for its classic Piaggio LX 125 scooter to Rs 59,960 (ex-showroom). The price has been reduced in a bid to increase Vespa's mass appeal and to take on market leader Honda Two-wheelers. Earlier they reduced prices on Diwali by 6,000 to 9,000 and after that, the scooter was available for Rs 66,600 (Ex-showroom).
Piaggio has taken this step due to India's increasing scooter market, which is growing at a healthy 20.06% in a relatively flat automotive market. India's scooter and scooterettee sales stood at 1.94 million vehicles from April to November, according to industry lobby Society of Indian Automobile Manufacturers. Honda Scooters is the leader in the India’s scooter segment, which has more than 50% of the market share. Piaggio said it has sold over 25,000 units of its classic scooter since the April 2012 launch in India and is sharing the cost efficiencies through volumes that achieved to customers.
"In keeping with the philosophy of maximising customer value, Piaggio would be sharing the consequent benefits with potential consumers beginning January 2013. This would lower the acquisition cost of the Vespa with the ex- showroom purchase price point now starting at Rs. 59,990 and taking the iconic brand to a wider set of aspiring consumers," Piaggio said in a statement.
"As we move into 2013, we are looking to increase this base and consolidate our national presence. From a business point of view, we've been able to build a strong network of dealers and partners much faster than we thought, thereby enhancing the reach and penetration," said Ravi Chopra, Chairman and Managing Director, PVPL.
Piaggio's Vespa classic LX 125 competes with the likes of Honda Activa and Duo, Hero Motorcorp Maestro, TVS Wego, Yamaha Ray, Suzuki Access 125, Mahindra Duro Dz 125 and Rodeo 125 and Suzuki Swish 125. The Piaggio Vespa is still priced the highest even after a hefty price cut among the competing products.
Vespa Elegante 125 User Reviews
I saw the scooter and liked it very much. When I enquired about it, I was shocked to know that the scooter is this much expensive. I felt this shock two times in two days. First, I got to know that the top end variant of Maruti S Cross is costing Rs. 16 lac, after that, heard about overpriced Vespa. I hope there will be some cost cutting later on, as the scooter is not worth its price. One can think of buying it for Rs. 60,000 to 65,000 but I don’t think anyone would pay over Rs. 70,000 to buy it. It carries great looks and is available in dynamic shades to complete its class. I am eagerly waiting for its price to decrease so that I can buy the scooter as I am liking it very much. I am Shravan Kumar from Uttar Pradesh, please reply me here if you get any information about the decrease in Vespa’s price. I hope this review will be helpful for others. Thank you.Read More
I purchased Vespa yesterday after hearing a lot of good things about it. The scooter is so smooth that sometimes you do not feel that its ignition is on when standing on a traffic signal. It is also well balanced and offers smooth running. Over these benefits, it is putting out a great mileage of 50 to 55 kmpl, I hope that the mileage will increase after its first service. The all new scooter reached to the speed of 90 kmph in a stretch of just 500 meters, that shows its power output. The stopping power is great and the tyres provide a good grip on the road. Its on-road price is around Rs. 77,000. If you are a scooter design fan, you should spend your earnings on it, otherwise, it is a costly scooter that will offer classic looks but perform like some others. Vespa is good for those who find these kinds of scooters attractive, it is only meant for them.Read More
Vespa is the non-geared two-wheeler from Piaggio. It is the only scooter in the country with retro looks and is being liked by most of the people. I bought my Vespa Elegante last month. I thought it would be powerful but it is not. It generates a maximum power output of around 10 bhp. But Vespa is stable, well-balanced and offers smooth running even on speeds over 70 kmph. It is a bit costly and goes to Rs.90,000 with its top end variant. It has both the electric and the kick start option for rider’s convenience. The old school looks of Vespa and its smooth running attracted me to buy the scooter. 7 litres of fuel tank capacity and boot space is enough to store a helmet and other small stuff. The headlight provides a good view of the road and high seating keeps you safe as you can see the potholes from a distance and can avoid them. Vespa is not worth its cost but is a good scooter overall.Read More
i took test drive piaggio vespa lx 125 in ahmedabadits design good and comfort for drive but its rate in ahmedabad is 78000rs on road price and thats a main problem in ahmedabadso many two wheelers are available in 50000rs price range so i think vespa company should have to take some serious decision in his this new product Read More
Well this is the scooter i was waiting fori remember my father use to drive vespa in my childhood days and now i will driveBelieve me i have sold my 7 months old activa for this scooterthe time i saw it in auto expo i am desperate for this scootervespa i am waiting for your launch Read More