BS-III vehicle ban: Heavy discounts on bikes, trucks and buses
Automobile dealers have offered huge discounts in a bid to sell BS-III vehicles, the sales of which will be banned after April 1.
There is a discount frenzy across following the verdict of the Supreme Court which banned sale of old and polluting Bharat Stage III vehicles. Discounts have been offered on bikes, three wheelers and buses.
Dealers
who
are
desperate
are
giving
discounts
which
are
almost
four
fold
higher
when
compared
to
the
normal
conditions.
The
BS-III
inventory
becomes
obsolete
after
April
1.
Several
media
outlets
reported
that
Honda
Motorcycle
and
Scooters
India
are
offering
discounts
of
up
to
Rs
22,000
on
the
CBR
250
and
on
CBR
150.
On
other
bikes
it
is
offering
Rs
18,500.
Hero Motocorp is offering discounts of Rs 12,500 in addition to free insurance. Bajaj Auto on the other hand has assured all its dealers that it would take back unsold units of its motorcycles and three wheelers.
There
is
heavy
discount
being
offered
on
trucks
and
buses
as
well.
Discounts
of
up
to
4
to
12
per
cent
are
being
offered.
This
is
approximately
Rs
50,000.
The
discounts
are
likely
to
shoot
up
higher
by
tomorrow
where
dealers
are
making
a
mad
rush
to
sell
the
vehicles
by
April
1.
The
SC
had
said
that
buyers
can
register
the
BS-III
vehicles
after
April
1
2017
provided
they
show
proof
of
purchase
dated
before
April
1.
The
SC
was
told
that
there
are
over
600,000
two-wheelers,
95,000
commercial
vehicles
and
around
30,000
three-wheelers
on
unsold
BS-III
stock
lying
with
manufacturers
and
dealers.
OneIndia News