In India, navigating jam-packed roads can be challenging unless you have the right mode of transportation. And there is nothing like a two wheeler to help your case. It is super easy to manoeuvre and maintain, costs less than a car, and will take you anywhere anytime. In the light of the pandemic, a bike can help maintain social distancing and avoid public transport too. Now, since it will probably end up being your constant companion, you need to decide what kind of brand, make and model is right for you, before heading to a two wheeler showroom. Here are some tips that will help.
Why do you Need a Two Wheeler
Understanding why you want a bike is the first step towards making the right choice. For instance, if you travel long distances, a bike that gives good mileage might be ideal. If you need something to deal with the city traffic while going to office, a two wheeler that is made for the daily grind will be perfect. And if you are someone who intends to bike across craggy mountains and muddy valleys, a sports or cruiser bike will be apt.
Also Read: Buying a Bike? Keep These Points in Mind What is your Budget?
Before contacting a two wheeler dealership, decide how much you are willing to pay. This can prevent over-spending and stop you from buying a model that is not right for you. However, do not settle for a model that is not up to the mark just because you are worried about the financing. It is easy to get a bike on EMIs these days, with many financial institutions offering competitive interest rates.
Explore the Market Well
Before zeroing in on a two wheeler, explore the market thoroughly. Compare different two wheeler dealers, models and their features, prices and offers, etc. Consider things like how much you will get by reselling the bike, will you have easy access to service centres for that particular model, and if the maintenance costs are high.
Balance Performance and Style
Choosing a bike just because it looks great is not wise. For example, a cruiser bike might attract you with its chromium detailing, windscreen and low seats. But, it is not ideal for daily commute. Or, you might love dashing sports bikes with tons of features. However, they are not right for new riders. Those who are just learning how to ride should choose lighter and less risk-prone models. Also consider your height and weight while choosing a bike if you want to adapt quickly to it. Like, the saddle shape and height of the seat will determine your comfort level. Consult a well-known two-wheeler company for more guidance.
Also Read: List of Things to Do and Consider before Buying a Two-Wheeler Pick a Bike That Fits your Needs
Once you are done exploring, choose a two-wheeler that suits your budget, purpose, mileage needs, and is easy to resell. You can also consider other factors that are important to you. For example, the climate, terrain, and your possible pillion riders might impact your choice. Go through the terms and conditions and insurance documents carefully too.
Choose the Right Two -Wheeler Loan
There are many kinds of
two wheeler finance options in the market today. So, research well and compare various lenders. Go for the lowest interest rate you can find but avoid borrowing more than necessary. This will unnecessarily inflate your debt and force you to pay off the loan over a long time. Pick a financial institution like
HeroFinCorp that offers high loan to value ratio (95%), flexible repayment schedule and multiple modes of repayment (cash, NACH, PDC, ECS). The application process should be easy, the documentation minimal and the loan approval quick.
Is the EMI Easy on Your Pocket
Use the
two wheeler EMI calculator available on most lender websites to calculate how much you have to pay every month and if it suits your monthly budget. Try and take advantage of seasonal or festival offers when processing and insurance are often offered for free. Pay as much as possible upfront, so that your loan amount is less and can be repaid conveniently.
Also Read: How to decide the best motorcycle to purchase? Once everything is in place, book your favourite brand, make and model at a reputed and reliable two wheeler dealership. Keep proper riding gear handy (especially a helmet), so you can conquer the roads and tackle traffic safely and confidently.
