Harley-Davidson lowers prices after customs duty drop
1st Mar 2018 5:06 pm
With customs duty at 50 percent, Harley-Davidson has dropped prices of its Touring and CVO line-up by Rs 2.62-3.73 lakh.
Harley-Davidson announced a reduction in the prices of its Touring and CVO models, ranging between Rs 2.62-3.73 lakh. This revision is thanks to the drop in customs duty rates on CBU imports by the Central Board of Excise and Customs (CBEC) – by 25 percent for motorcycles above 800cc and 10 percent for those below 800cc.
The Road King which was priced at Rs 28.37 lakh now retails for Rs 24.99 lakh – a price reduction of Rs 3.38 lakh. The Street Glide Special, previously sold for Rs 33.50 lakh, can now be had for Rs 29.99 lakh. Similarly, prices of the Road Glide Special have been slashed by
Rs 2.62 lakh, bringing it down from Rs 35.61 lakh to Rs 32.99 lakh. Lastly, the CVO Limited’s price is now at Rs 49.99 lakh from its previous asking price of Rs 53.72 lakh. At the moment, the above models are the only CBU imports in Harley-Davidson’s Indian line-up.
Expect to see similar price revisions from Honda, Aprilia, Yamaha, Suzuki, MV Agusta, Indian Motorcycle, Moto Guzzi and other manufacturers with CBU offerings.
In other news, Harley-Davidson has expanded its Softail family with the launch of three new motorcycles. The 2018 Harley-Davidson Fat Boy 114, a special 115th Anniversary edition, has been priced at Rs 19.79 lakh, while the Low Rider and Deluxe will retail for Rs 12.99 lakh and Rs 17.99 lakh, respectively (all prices, ex-showroom, Delhi).
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