4 Pros of Buying a Bike During the Festive Sale

Are you planning to buy your dream bike this year? Then you must have heard of festive sales or year-end sales. This is that time of year when the automobile market is buzzed with amazing discounts. Moreover, many banks or financial institution offers attractive offers on two-wheeler loans. Read on to know the advantages of this sale, so you can buy your brand-new bike.

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  • Save up to 85% by comparing plans
    Save up to 85%# by comparing plans
  • 20+ Insurers to choose from
    20+ Insurers to choose from
  • 1.2 Crore+ Bike Insured
    1.2 Crore+ Bike Insured
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4 Benefits of Buying a Bike During Festive Sale or Year-end Sale

In India, the majority of the population waits for festive clearance sales or year-end sales to bring their favorite bike home. Popular two-wheeler manufacturers like Hero MotorCop, Bajaj Auto Ltd., Royal Enfield, KTM, TVS Motors, etc., come up with lucrative deals to drive growth in sales numbers at their retail outlets during this season.

Here are some benefits explained of such clearance sales to make your purchase successful-

  1. New Launches

    In India, two-wheeler manufacturers plan their new launches around October-December. Even they upgrade their best-selling or most-demanded vehicle models with extended features and make them available in this sale.

    The bike dealerships of brands offer rewarding deals, gift vouchers, free accessories, pre-launch offerings, loyalty bonuses, bike insurance policies, and free after-sales service on the purchase of a two-wheeler.

  2. Exchange Offers

    Diwali festive sale is the best time to exchange your old bike or scooter to get a better deal. Usually, the bike dealers calculate the price prevailing in the existing year of the old vehicle and then offer this exchange deal. This helps you to get an attractive deal while purchasing a new vehicle.

    You can also make your purchase successful by securing vouchers for accessories, free servicing services, loyalty exchange bonuses, etc., during this sale.

  3. Competitive Pricing

    Usually, automobile companies revise their prices in the new year, therefore, they offer discounted rates on the vehicles to clear their available models during December.It is a great opportunity to avail competitive prices offered by different dealers and saves a thousand bugs.

  4. Offers on Two-wheeler Loan

    Since financers and banks are aware of these sales, they offer competitive interest rates on loans. You can enjoy offers like low-cost EMI or zero-down payment during the sale season.

    Moreover, they offer flexible tenure to manage your monthly installments accordingly. Therefore, you can buy the best-selling bike models at the most attractive pricing. Other than these, banks have relaxed loan eligibility criteria, zero processing charges, speedy documentation, etc., during the sale.

    Festive seasons like Diwali & Christmas are the time when these financial companies offer their special two-wheeler loan offerings. They go the extra mile by offering cashback on card transactions, instant disbursals, etc.

What Not to Miss?

With the fully digital process and zero paperwork, you can easily buy online bike insurance for your precious possession. It gives financial coverage against the damages due to theft, accidents, fire, etc., to the insured vehicle.

You can visit the official website of Policybazaar Insurance Brokers Private Limited and find an appropriate bike insurance plan as per your need and budget. Here you have a wide range of options to compare and choose from the 20+ insurers of India in the comfort of your home.

Conclusion

It's time to ride your favorite bike during this festive season sale or year-end sale. All the two-wheeler brands will come up with brilliant discounts to entice you. These benefits can save a significant amount of money. Also, you will get added benefits like free accessories, extended warranty periods, free-after-sales servicing, cash discounts, a two-wheeler insurance plan, etc. during this sale.

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Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

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^The renewal of insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for a transaction may vary subject to additional data requirements and operational processes.

^The buying of Insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for transaction may vary subject to additional data requirements and operational processes.

#Savings are based on the comparison between highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.

*TP price for less than 75 CC two-wheelers. All savings are provided by insurers as per IRDAI-approved insurance plan. Standard T&C apply.

*Rs 538/- per annum is the price for third party motor insurance for two wheelers of not more than 75cc (non-commercial and non-electric)

#Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.

*₹ 1.5 is the Comprehensive premium for a 2015 TVS XL Super 70cc, MH02(Mumbai) RTO with an IDV of ₹5,895 and NCB at 50%.

*Rs 457/- per annum (1.3/day) is the price for the third-party motor insurance for private electric two-wheelers of not more than 3KW (non-commercial). Premium is payable on an annual basis