Every year the traffic in the Indian subcontinent is increasing by a whopping margin. The shrinking roads are also a huge concern when navigating through them in order to reach our destination. Daily commuters have to regularly face this massive blunder in multiple cities throughout the whole country.
Sometimes reaching suburbs and remote village areas also become an issue because the roads are not properly maintained. Nevertheless, bikes can be the solution for these types of challenges faced by daily commuters in multiple cities, towns, suburbs, and villages throughout the country.
Why is buying a bike the optimal option in Bangalore?
Bangalore is one of the largest metropolitan cities in India where a lot of people regularly need a ride for traveling to and from work. Although traveling by bus, auto and car is the solution but it also comes with a lot of setbacks. For example, due to high traffic and unavailability of rides, commuters have to regularly get ready to leave their house way ahead of their office time.
Similarly, when returning home after leaving the office, the daily passengers face the same problem. If your home is not nearer to your office by the time you reach home usually it will already be too late for you to do anything else other than eating and sleeping in order to prepare for the next day.
If you want to reduce the time of your daily travel to and from the office then buying second hand bikes in Bangalore is the best option for you. You can commute daily using your second hand bikes in Bangalore and save your time and energy.
However, when it comes to determining whether to buy new bikes or second hand bikes in Bangalore, a lot of people are faced with dilemmas. Some people may take this matter lightly, but initiating the purchase of the wrong bike (be it new or old) can become a long-term financial liability for people.
If you want to purchase a bike in Bangalore then you will require proper guidance. This article will help you to understand, obtaining which bike can become beneficial for you in the long run.
Purchasing new bikes vs second hand bikes in Bangalore
In this section, the respective benefits and shortcomings of purchasing a new bike and a second hand one will be discussed extensively.
Benefits of purchasing new bikes
Better performance: All the new bikes can offer uninterrupted performances and the chances of initial breakdown are minimal. In any new bike, the parts and slate are absolutely fresh therefore, you can always look forward to the best results without your journey getting hampered midway.
Warranty features: New bikes will give you access to the exclusive warranty features that are offered post-purchase but the warranty is limited to a specific duration. To make sure that your bike is in top-notch condition, you can also get exclusive access to gratuitous workshop services.
No vehicle history: With the purchase of a brand new bike, you will not have to worry about the existing vehicle history. Since you are the first and foremost owner of the new bike, there will be no problem with the valuation of your vehicle.
Utilization of the latest technology: A brand new bike comes with the latest specifications and technology, therefore you will have the freedom to explore the new features according to your will.
Drawbacks of purchasing new bikes
Multiple additional costs: When procuring a brand new bike, the owner of the bike will have to bear a lot of additional costs such as RTO charges, registration fees, etc. Moreover, if you are opting for any third-party bike insurance then the cost will definitely increase by a lot.
Devaluation: In terms of devaluation a new bike is more likely to be depreciated than a second hand one. A new bike’s depreciation value can rise up to 50 percent within five years from the purchase date. Therefore, new bikes can become outdated very quickly.
Highly overpriced: Brand new specifications and technologies are applied in new bikes, therefore making them more costlier. Due to its new features, it usually tends to be costlier than the second hand bikes in Bangalore.
Benefits of purchasing second hand bikes in Bangalore
Reasonable or low in terms of purchase cost: The most beneficial part of purchasing second hand bikes in Bangalore is that it is more affordable than purchasing a brand new one. You can easily find a second hand bike at affordable prices.
Offers resale value: After five years the devaluation rate of any bike slows down by a lot. In the meantime, when you have purchased the second hand bike at an affordable price, you can also resale the vehicle almost at the same amount for which you have purchased the bike.
Relatively low insurance premiums: Depending upon the bike’s current market value the insurance premium is decided by the third-party insurance companies. Any second hand bike that has already surpassed its depreciation period will most likely have a significantly less premium amount.
Therefore, for second hand bikes in Bangalore, the owner of the bike will have to pay a very less amount of insurance premium in comparison to the owner of a brand new bike.
Drawbacks of purchasing second hand bikes in Bangalore
History of the vehicle: When it comes to purchasing a second hand vehicle, the vehicle history can become a major issue for the potential buyer. Nevertheless, if you are purchasing the bike from a second hand bike selling platform such as Beepkart then you won’t be worried about the vehicle history.
Relatively worn-out condition: After going through lots of wear and tear sometimes the condition of a second hand bike is found in degraded conditions. This particular type of situation can be avoided if the second hand bike is purchased from a trustworthy second hand bike selling company.
Maintenance cost can be burdensome: It is true that second hand vehicle needs more attention from the mechanic, therefore the maintenance and repair cost can become a bit burdensome for the owner of the bike. Again, if the second hand bike is purchased from the right source, these things will already be taken care of before the purchase has been completed.
Purchasing a brand new bike comes with a lot of extra costs, therefore the total value becomes a lot higher than anticipated. Not to mention, things like relatively higher insurance premiums, and depreciation value of the new bike will ultimately result in more losses.
It is recommended to buy second hand bikes in Bangalore instead of purchasing new ones because, in the long run, it will be more beneficial for you. As for its drawbacks, all of those can be easily avoided if purchased from an online second hand bike selling platform such as Beepkart. Additionally, if you encounter any issues after your purchase you can always contact the dealer.