The Top 3 Gearless Scooters that Came Out in 2016

by Vinaya HS on March 2, 2017

in Finance

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Manufacturers across the country are releasing new scooter models to increase their market share and reach. The demand for gearless scooters is also rising because these are easier to maneuver and more comfortable when compared to motorcycles.

Manufacturing companies are launching new models for potential buyers belonging to various age groups. Here are the top three gearless scooters that were popular in 2016.

1. Honda Activa

This is the company’s flagship model and has been popular since its launch. It is equipped with a 109.2 four-stroke single cylinder HET engine. This model comes in three stylish variants; Activa 3G, Activa 125, and Activa-i.

2. TVS Jupiter

This gearless scooter is primarily aimed at young riders. It offers advanced features, such as wide comfortable seat, bigger headlight and arrow shaped air-intake in the front. The Jupiter is equipped with 109 CC single cylinder and air-cooled engine. Furthermore, it comes with two modes, Eco mode and Power mode, thereby ensuring optimal performance. It is available in three variants; the Jupiter, Jupiter ZX, and Jupiter MillionR Edition.

3. Hero Maestro Edge

It is an automatic scooter with an attractive look and graphics. You can enjoy a comfortable ride with the combined braking system. This scooter comes with a 110.9 CC four-stroke and air-cooled engine for greater power. This scooter comes in two variants; the Maestro Edge LX and VX.

The high prices of the top three gearless scooters may make it difficult for you to buy one. However, financial institutions across the country offer affordable two-wheeler loan interest rates. The entire process is quick and you need to submit simple documentation before you receive approval. Lenders fund up to 95% of the on-the-road price, which makes your down payment affordable. Moreover, you may repay the money through Equated Monthly Installments (EMIs). The maximum tenure for a bike on EMI is five years. Longer repayment tenure ensures you do not have to face any difficulties in repaying the loan on time.

Several banks and non-banking financial companies (NBFCs) offer attractive bike loan interest rates. However, you must consider other factors to make the right decision. Some of these factors are loan inclusions, processing fees, other charges and prepayment penalties. Comparing the terms and conditions online from various financial institutions is recommended. This will help you understand two-wheeler loans in detail and make an accurate decision.

Thanks for reading this article. I'd love to hear your opinion. Please use the comments section below to share your thoughts. I frequently write new articles that also cover several other aspects of personal finance including credit cards, financial goals, health insurance, income tax, life insurance, mutual funds, retirement planning, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.

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