Things to Consider Before Buying a New Bike in Bangladesh

When buying a new bike in Bangladesh, there are several things to consider before making a purchase. It's essential to be well-informed about the different options available in the market and how they align with your needs and budget.

Type of Bike:

The first thing to consider when buying a new bike is the type that best suits your needs. Are you looking for a bike for city riding or long-distance travel? Do you need a bike for commuting or off-road adventures? The type of bike you choose will depend on how you plan to use it. In Bangladesh, the most popular bikes are scooters, standard, sports, and off-road bikes.

Brand and Model:

Brand and model are essential factors to consider when buying a new bike in Bangladesh. Bangladesh has a wide range of bike brands. Each with unique features and price points. Some of Bangladesh's most popular bike brands include Honda, Yamaha, Suzuki, Bajaj, Hero and TVS. It's important to research different brands and models to find one that aligns with your needs and budget. By considering popular brands' features and price points, you can make a more informed decision on your bike purchase.

Budget:

Another important consideration when buying a new bike is your budget. Bikes can vary significantly in price, so it's essential to have a clear idea of how much you can afford to spend. It's also important to keep in mind that the cost of the bike is just the beginning, as there are additional costs such as maintenance and fuel.

Test Ride:

Test-riding the bike is one of the most important things to consider before buying a new Bike. Test riding a bike allows you to feel the bike's handling, power and comfort. It's also a great way to ensure that the bike is the right fit for you physically. Many bike dealerships in Bangladesh offer test rides, so take advantage of this opportunity.

Factors Affecting Bike Prices in Bangladesh:

Import duty and taxes:

One of the biggest factors that affect bike prices in Bangladesh is the import duty and taxes imposed by the government. These costs can add up significantly, making the final price of a Bike much higher than the original manufacturer's suggested retail price (MSRP).

The import duty for bikes in Bangladesh is currently set at 60%, which is a high cost for any importer. In addition to this, a value-added tax (VAT) of 15% is added to the final price of the Bike. These taxes and duties can make the final price of a bike much higher than what it would be in other countries.

Manufacturing and assembly costs:

Manufacturing and assembly costs also play a role in determining bike prices in Bangladesh. Many bikes sold in the country are imported from other countries, but some local manufacturers produce bikes. The cost of materials, labor, and other production expenses can vary between manufacturers and affect the bike's final price.

Distribution and Dealership Network:

The distribution and dealership network can also influence bike prices in Bangladesh. The cost of transporting Bikes to different parts of the country as well as the cost of maintaining a dealership network, can add to the final price of a bike. Additionally, some dealers may choose to mark up the price of a bike to increase their profit margin.

Price Range of Bikes in Bangladesh:

The price range of bikes in Bangladesh varies greatly depending on the type of bike and its features. Here we will look at the different price ranges of entry-level, mid-range and high-end bikes available in the market.

Entry-level Bikes:

Entry-level bikes, also known as economy or basic bikes, are the most affordable option for buyers in Bangladesh. These bikes typically have smaller engine sizes and fewer features than expensive models. Prices for entry-level bikes can range from around 80,000 BDT to 1,20,000 BDT. Some popular entry-level bike brands in Bangladesh include Runner, Roadmaster and Bajaj.

Mid-range Bikes:

Mid-range bikes, also known as standard or intermediate bikes, offer a balance of features and performance at a slightly higher price than entry-level bikes. These bikes typically have larger engine sizes and more features than entry-level models. Prices for mid-range bikes can range from around 100,000 BDT to 180,000 BDT. Some popular mid-range bike brands in Bangladesh include Honda, Yamaha, and Suzuki.

High-End Bikes:

High-end bikes, also known as premium or luxury bikes, are the most expensive option for buyers in Bangladesh. These bikes typically have the largest engine sizes and the most advanced features. Prices for high-end bikes can range from around 180,000 BDT to over 300,000 BDT. Some popular high-end bike brands in Bangladesh include Honda, Yamaha, and Suzuki.

Buying a new bike in Bangladesh can be an exciting and rewarding experience but it's important to be well informed before making a purchase.

Considering the following tips, you can ensure that you find the perfect bike that fits your needs and budget.