Price Hike alert! If you are thinking of buying a bike or scooter and for this you have also liked the model of Hero’s bike / scooter, then buy it soon. This is because from July next month, the country’s leading two-wheeler company Hero MotoCorp has decided to increase the prices of its bikes. The vehicle company recently informed through a press release that it is going to increase the ex-showroom prices of its bikes and scooters and these increased prices will be effective from July 1, 2021. According to the information given by the company, this decision has been taken due to increase in commodity prices. According to the company’s decision, from July 1, the prices of Hero’s bikes/scooters will increase by up to Rs 3,000. The price hike will depend on the model and the specific market.
this is the best time to get a bike
Based on the company’s recent announcement, this is the best time to buy a bike so that the extra burden on the pocket can be avoided next month. It can be understood with an example that the country’s best selling bike Hero Splendor Plus showroom price starts from Rs 62,535. Next month i.e. after July 1, the starting price of this bike will be maximum Rs 65,535. Both these prices are ex-showroom Delhi.
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Price hike decision for the third time this year
Hero has taken the decision to increase the price of its bikes/scooters thrice this year in 2021. All three times the company decided to increase the prices of the vehicles due to increasing cost. This year, the company first increased the prices of its bikes / scooters by Rs 1500 in January 2021 and after that it was decided to increase the price for the second time in April 2021. In April 2021, the company had decided to increase the price by Rs 2500.
(Article: Pradeep Shah)
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