Harley Davidson Price Hike in Indian Market

Harley Davidson has increased the price of its completely knocked down (CKD) models in India. From April 1st, 2018 onwards, the dealership’s are following the hiked price. The rise in customs duty from 10 to 15 percent made the company to raise the price for their models. The price hike also affects the model Street 750 and cruisers that comes in the Sportster and Softail segment by 8 percent. Street 750 gets an increase of Rs. 8000 in the price. Apart from that, the Harley-Davidson 1200 Custom gets the highest price hike of Rs 86000 in the motorcycle line-up. 1200 Custom now gets at Rs 10.65 lakh.Harley Davidson has increased the price of its completely knocked down (CKD) models in India. From April 1st, 2018 onwards, the dealership’s are following the hiked price. The rise in customs duty from 10 to 15 percent made the company to raise the price for their models. The price hike also affects the model Street 750 and cruisers that comes in the Sportster and Softail segment by 8 percent. Street 750 gets an increase of Rs. 8000 in the price. Apart from that, the Harley-Davidson 1200 Custom gets the highest price hike of Rs 86000 in the motorcycle line-up. 1200 Custom now gets at Rs 10.65 lakh.

The Harley Davidson import the engine and gearbox as a seperate unit, hence it is imposed by the customs duty of 15 percent. At the same time, manufacturers like Honda, Kawasaki and Suzuki, managed to slash the price of their CBU models due to the fall of customs duty to 25 percent from the previous 30 percent. We expect that the price hike on CKD models to avert potential buyers hoping to purchase a Harley-Davidson cruiser.

These are the models gets price hike due to the revised custom duty. Street 750 now gets at Rs 5.25 lakh which was early priced at Rs 5.17 lakh, Street Rod now gets at Rs 6.45 lakh, Iron 883 at Rs 9.23 lakh, Forty-Eight at Rs 10.50 lakh, Roadster at Rs 10.99 lakh, Street Bob at Rs 12.59 lakh, Low Rider at Rs 13.59 lakh, Fat Bob at Rs 14.59 lakh, Fat Boy at Rs 18.11 lakh, Deluxe at Rs 18.65 lakh, Heritage Classic at Rs 19.71 lakh.

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