After struggling with public transport for months and resorting to taking auto rickshaws you have finally saved up and decided to make the investment and purchase your first bike. Your first bike will not only improve your commute but will also be one of the first major investments you will make in your life. However, deciding which bike you should buy is also a major decision. There are several factors that you must take into account before deciding which will be your first two-wheeler.
1. Set a budget
One of the first things you should do is set a budget for yourself for how much money you will be spending on your new bike. While there is an array of models available in every price range, it is important to narrow down on an estimate as this helps control your search and save time. If you are concerned about how you will finance the purchase of your bike, you no longer need to worry about the same. You can now avail Bajaj Finserv Two Wheeler loans online on Finserv MARKETS with minimal documentation and swift approval. What’s more, is that you get all the information about your loan amount, EMI’s and due dates, and contact details within 10 days of getting your bike loan. In fact, if you avail a two-wheeler loan through Finserv MARKETS, and do not want to open a bank account, you can also avail the cash repayment option for the loan.
2. Choose the right type of bike
There is a range of bikes on offer in the market ranging, The list encompasses cruisers, sport bikes, dirt bikes and even superbikes. Ensure that you do proper research to narrow down on the kind of bike that you want to buy. This will mainly be influenced by what you plan to use the bike mainly for. You should focus on finding a bike that fits your needs the best. Cruisers are essentially designed for long rides on the highway, and you are able to sit with your feet placed forward and hands at or above your chest level. Sports bikes, on the other hand, have an aggressive sitting stand and are mostly for track rides.
Similarly, if you opt for a tourer, your seating position on the bike will be a combination of a cruiser and a sports bike and are usually designed for long distance driving. Street bikes, on the other hand, are usually a combination of a sports bike and a tourer and have a comprehensive range of models available. For long distances, tourers and cruisers are the best and for in city riding street bikes are the best.
Another important factor you should take into consideration before making your purchase is how much mileage your bike can give you. Here it is important to remember that there is a difference between the in-city mileage that your bike offers and the highway mileage.
4. Height and Weight
Additionally, you should ensure that the height and weight of your bike is according to your comfort level. You should test drive the bike you are considering buying and ensure that your feet can touch the ground and you can balance and handle the weight of the bike.
5. Service centre and warranty
Ensure that the bike you are considering to buy is from a reputed brand and has service centres across the country.
6. Cost of maintaining the bike
A factor that people often forget to account for is the cost of maintaining a bike. Having a bike and using it every day requires regular maintenance. You should ensure you talk to your dealer about where the service centres for your bike are and what the cost of maintaining it will be on a day to day basis.
Once you have taken all these factors into consideration, go ahead and bring home the bike of your dreams without worrying about burning a hole in your wallet by paying the entire cost of your bike in one go. Thanks to Finserv MARKETS you can easily avail Bajaj Finserv Two Wheeler loans with a seamless, transparent online buying process. Cash payment options, early foreclosure options and a low foreclosure fee make this an attractive value proposition.
Read more on how you can get the best comprehensive deal on bike loan at Finserv MARKETS.
“Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we works towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.”