Earlier, the Hayabusa was priced at around Rs 17 lakh (ex-showroom). With the latest price revision, it now costs Rs 18.06 lakh (ex-showroom). This marks a significant jump for buyers who were considering owning this superbike.
Reason Behind the Price Hike
The government of India recently raised the GST on motorcycles above 350cc from 28% to 40%. This tax increase has impacted all big bikes in India, not just the Hayabusa. As a result, prices of premium motorcycles from different brands have also gone up.
Hayabusa’s Popularity in India
Despite the higher cost, the Hayabusa remains the highest-selling superbike in India. It is loved for its powerful performance, aerodynamic design, and comfortable riding experience. For many enthusiasts, it is more than just a bike – it is a dream machine and a status symbol.
Even though the price hike might slow down sales for a short period, the strong fan following of the Hayabusa ensures that demand will remain strong in the long run.
Impact on Superbike Market
The GST hike has affected all big motorcycles in India, making them significantly costlier. Brands like Kawasaki, Honda, BMW, and Ducati are also likely to see price increases across their superbike range.
While this could discourage some new buyers, true enthusiasts may still go ahead with their purchase since superbikes are seen as passion-driven purchases rather than just daily commuters.
Conclusion
The Suzuki Hayabusa has become costlier by over Rs 1.16 lakh, now priced at Rs 18.06 lakh. The increase is due to the higher GST rates on bikes above 350cc. Although sales might slow down in the short term, the legendary status of the Hayabusa ensures that its popularity will remain intact among Indian riders.
FAQs
What is the new price of Suzuki Hayabusa in India?
The new ex-showroom price is Rs 18.06 lakh, after the recent hike.
Why has the price of Hayabusa increased?
The government increased the GST on bikes above 350cc from 28% to 40%, leading to the price rise.
Is the Suzuki Hayabusa still popular in India?
Yes, it continues to be the highest-selling superbike in India, despite the price increase.
How much did the Hayabusa price increase by?
The price has gone up by more than Rs 1.16 lakh.
Will the GST hike affect all superbikes?
Yes, all superbikes above 350cc from different brands will now see higher prices due to the tax change.