Honda CB500X launched at Rs. 6.87 lakh

Red Liner · 17th March 2021, 05:42

Quote:

Originally Posted by Kashi053

Aren't you contradicting yourself with your below post? I thought you admired 500X.

https://www.team-bhp.com/forum/super...ml#post5008328

Not for this price man. All our expectations were about 5.5 on road maximum. This is just daylight robbery.

Sebring · 17th March 2021, 06:53

Isn't the Made In Japan tag worth a 1 Lakh premium?

Quote:

Originally Posted by Red Liner

Not for this price man. All our expectations were about 5.5 on road maximum. This is just daylight robbery.

Red Liner · 17th March 2021, 08:11

Quote:

Originally Posted by Sebring

Isn't the Made In Japan tag worth a 1 Lakh premium?

Its not made in Japan. Only the Africa twin is made in japan. This bike is made in thailand like most of the other Honda's.

Sebring · 17th March 2021, 08:15

Shumi of PowerDrift says this bike is coming straight from Japan. Watch at 3:36

https://youtu.be/ZsHMCxsX2d0

Quote:

Originally Posted by Red Liner

Its not made in Japan. Only the Africa twin is made in japan. This bike is made in thailand like most of the other Honda's.

Red Liner · 17th March 2021, 08:26

Quote:

Originally Posted by Sebring

Shumi of PowerDrift says this bike is coming straight from Japan. Watch at 3:36
https://Youtu.be/ZsHMCxsX2d0

I think he meant figuratively...

Quote:

The 2019 Honda CB500X is similar to both the CB500 parallel-twins discontinued in 2003 and the CB500X of 2018. They are now made in Thailand, where Honda had previously focused on motorcycles with a smaller displacement.

https://www.rideadv.com/ride-adventu...-cb500x-review

CrAzY dRiVeR · 17th March 2021, 10:25

Quote:

Originally Posted by Sebring

Isn't the Made In Japan tag worth a 1 Lakh premium?

Over the KTM 390 Adventure, yes! Not 'made in Japan', but yes- it should be a reliable Honda.

That's what reviews and comments worldwide mention - it is worth an approx 1L premium over the KTM for the legendary Honda reliability. Perhaps even 2 lakhs would have worked in the Indian market.

But like Redliner mentioned earlier - here we can get two KTMs! And still be left with enough money left to service both those bikes for a few years too!

v12 · 17th March 2021, 11:36

This is ridiculous pricing by Honda. Understood it's a very simple bike as per most of the reviews being posted on YouTube - but then why the complex pricing? Seems like a paid review by Honda to most of these online portals. Most of them are harping about the good parts and not making a great deal of the ridiculous prices.

Equipment wise it does not have much to offer compared to the Versys - non adjustable forks, single disc brake up front. Power wise it's very much comparable to the 390 Adventure.

I would definitely pick the Versys over this or probably 2 390 Adventure's.

sunilsreenivasg · 17th March 2021, 11:53

Attachment 2132833

No offense on the design, am I the only one who's seeing a chick nose instead of headlight?

I looked at the cost and closed the page. Honda is taking us granted now a days.

camitesh · 17th March 2021, 14:04

Agreed with most of the comments here and there's no sensible way to justify this really atrocious pricing by Honda though some youtubers and Honda fanboys may still find a way to do so (simple fuss free motorcycle and legendary Honda reliability isn't a compelling justification for me to pay 20-25 % premium over expected price). No offence meant to anyone, I'm a Honda fan myself and was very much looking forward to this and other 500 siblings as a possible upgrade to my decade old CBR250R.

Just for fun, went back and checked what was the expected price guesstimated by some other well known auto publications in India. Here we go:

Overdrive: 5.5 Lakhs
Zigwheels: 5.5 lakhs (Dec 2020) revised to 6 lakhs (Feb 2021)
Autocar: 5-5.5 lakhs
Motoroids: 5.5 lakhs
AutoX: 5.5 lakhs
MotorOctane: 5 lakhs

Guess Honda either missed all of these expected price sentiments and much more or simply decided to ignore them. I don't know much about marketing / pricing but one of the strategies surely is to find what is the expected price informed customers are willing to pay and try to meet it or go slightly above it if you may.

Anyway as rightly pointed out by some members, yes it will still find some buyers who know exactly what they want and don't have budget or VFM as priority like most of us. I don't feel like Honda is aiming for more than a few units per month for this and other 500 siblings combined (assuming Honda decides to get other 500 siblings at similar premium price, which is more likely than not).

Slight OT but what worries me is the price point at which Honda will launch the new 650R for which the last known ex-showroom price in 2019 was 7.7 lakhs (just 80+ k more than 500x). Going by US prices, the difference between CB500X and CBR650R is a whooping $2,700 so anything less than INR 9 lakhs will be a miracle for 650R IMO. Kawasaki Z900 and Street Tripple R territory

alphadog · 17th March 2021, 14:32

I was one of the afore said persons who owns a bigger adventure bike and was looking to downsize for ease of use. I was waiting for the 500X launch expectantly for this purpose. I am disappointed at the pricing that Honda India has come up with, for what the bike offers. I am a self proclaimed Honda fan-boy myself, but I just cannot justify spending this much for this bike. My feeling is that the bike should have been around 5.5 lac ex-showroom. That would have still made it more than the KTM390 adventure, but atleast the buyer would have felt better paying a bit extra for the reliability, low parts and maintenance cost of the Honda bike. But this pricing is a tad atrocious.

At 6.87 ex-showroom and more than 8. something lac on road in Kerala,

I will keep hold of my existing bike for now and maybe wait for either a price drop on the 500X or other options in the near future. This is truly bad pricing by Honda. It will be interesting to see how many units they manage to sell in the next 6 months.

Cheerio!

mh09ad5578 · 17th March 2021, 15:27

Crazy pricing to a really good bike, almost 30 percent overpriced. At 5 lakhs ex-showroom, a lot of real adventure touring guys would have brought this! Alas, also sharing a funny WhatsApp forward received in my group regarding the pricing

CrAzY dRiVeR · 17th March 2021, 16:25

Quote:

Originally Posted by camitesh

Slight OT but what worries me is the price point at which Honda will launch the new 650R for which the last known ex-showroom price in 2019 was 7.7 lakhs (just 80+ k more than 500x). Going by US prices, the difference between CB500X and CBR650R is a whooping $2,700 so anything less than INR 9 lakhs will be a miracle for 650R IMO.

At this pricing of CB500X against the Versys 650 - it won't be surprising if Honda soon launches the CBR500R/CB500R as the new direct rivals to the Ninja/Z 650.

So yes - reasonable to expect the CBR650R to move up the ladder in terms of pricing.

MadTitan · 17th March 2021, 20:07

Quote:

Originally Posted by camitesh

Just for fun, went back and checked what was the expected price guesstimated by some other well known auto publications in India. Here we go:

Overdrive: 5.5 Lakhs
Zigwheels: 5.5 lakhs (Dec 2020) revised to 6 lakhs (Feb 2021)
Autocar: 5-5.5 lakhs
Motoroids: 5.5 lakhs
AutoX: 5.5 lakhs
MotorOctane: 5 lakhs

Evo India was the most optimistic with their guesstimate of 3.8 lakhs

Evo India: 3.8 lakhs

aargee · 17th March 2021, 20:48

The verdict is kind of what I was expecting to hear; CB500X is a good allrounder.

@Neil Jerico - Now I know why you enjoyed Adv 390 on MC Road better than 675 Striple.

https://youtu.be/dCmiMEIcK_M

swiftnfurious · 17th March 2021, 20:55

I am one of those who had this bike in the wish list. Somehow I always had a hunch this will end up the typical Honda style pricing.

As someone who owns a Honda CBR 250, few points that none has mentioned.

1. Horrible A$$!! Useless morons who dont even know how to service a bike proper. Every single service centre in Chennai is worser than the other. Bug Wing might be better - I dont have high hopes considering Chennai is getting Kun's Big Wing, same as their other showroom.

2. Difficulty in procuring parts - a simple mechanical seal has min 10-15 backlogs in each dealership in Chennai. I scouted beyond Chennai and checked in few districts and same case everywhere.

3. I needed a new side stand. The SA in Honda SC smiles at me and says "Side stand orders in LOT of 100 sir - please order 100 pieces and we'll deliver you the stand saar."

4 - Few bolts : Saar... Bolts in LOTS saar. Please pay Saar ( I didnt even ask the lot size).

I struck of the machine from my list that day. It doesnt matter whether there's legendary reliability, when parts cant even be procured. I'd anyday pick a product which is less reliable but parts can easily be procured.

Pay a premium first, and then be at the mercy of the stupid dealers & service centres. Yep - but you'll only hear these from Honda owners.

17th March 2021, 11:36	#52
v12 Distinguished - BHPian Join Date: Feb 2004 Location: Mumbai Posts: 6,635 Thanked: 6,812 Times View My Garage	Re: Honda CB500X launched at Rs. 6.87 lakh This is ridiculous pricing by Honda. Understood it's a very simple bike as per most of the reviews being posted on YouTube - but then why the complex pricing? Seems like a paid review by Honda to most of these online portals. Most of them are harping about the good parts and not making a great deal of the ridiculous prices. Equipment wise it does not have much to offer compared to the Versys - non adjustable forks, single disc brake up front. Power wise it's very much comparable to the 390 Adventure. I would definitely pick the Versys over this or probably 2 390 Adventure's.
	(5) Thanks

17th March 2021, 11:53	#53
sunilsreenivasg BHPian Join Date: Feb 2020 Location: Bangalore Posts: 37 Thanked: 62 Times	Re: Honda CB500X launched at Rs. 6.87 lakh Attachment 2132833 No offense on the design, am I the only one who's seeing a chick nose instead of headlight? I looked at the cost and closed the page. Honda is taking us granted now a days.
	(4) Thanks

17th March 2021, 14:04	#54
camitesh BHPian Join Date: Mar 2017 Location: Mumbai Posts: 237 Thanked: 650 Times	Re: Honda CB500X launched at Rs. 6.87 lakh Agreed with most of the comments here and there's no sensible way to justify this really atrocious pricing by Honda though some youtubers and Honda fanboys may still find a way to do so (simple fuss free motorcycle and legendary Honda reliability isn't a compelling justification for me to pay 20-25 % premium over expected price). No offence meant to anyone, I'm a Honda fan myself and was very much looking forward to this and other 500 siblings as a possible upgrade to my decade old CBR250R. Just for fun, went back and checked what was the expected price guesstimated by some other well known auto publications in India. Here we go: Overdrive: 5.5 Lakhs Zigwheels: 5.5 lakhs (Dec 2020) revised to 6 lakhs (Feb 2021) Autocar: 5-5.5 lakhs Motoroids: 5.5 lakhs AutoX: 5.5 lakhs MotorOctane: 5 lakhs Guess Honda either missed all of these expected price sentiments and much more or simply decided to ignore them. I don't know much about marketing / pricing but one of the strategies surely is to find what is the expected price informed customers are willing to pay and try to meet it or go slightly above it if you may. Anyway as rightly pointed out by some members, yes it will still find some buyers who know exactly what they want and don't have budget or VFM as priority like most of us. I don't feel like Honda is aiming for more than a few units per month for this and other 500 siblings combined (assuming Honda decides to get other 500 siblings at similar premium price, which is more likely than not). Slight OT but what worries me is the price point at which Honda will launch the new 650R for which the last known ex-showroom price in 2019 was 7.7 lakhs (just 80+ k more than 500x). Going by US prices, the difference between CB500X and CBR650R is a whooping $2,700 so anything less than INR 9 lakhs will be a miracle for 650R IMO. Kawasaki Z900 and Street Tripple R territory
	(7) Thanks

17th March 2021, 14:32	#55
alphadog BHPian Join Date: Nov 2013 Location: KL-7/ KL-8 Posts: 356 Thanked: 677 Times	Re: Honda CB500X launched at Rs. 6.87 lakh I was one of the afore said persons who owns a bigger adventure bike and was looking to downsize for ease of use. I was waiting for the 500X launch expectantly for this purpose. I am disappointed at the pricing that Honda India has come up with, for what the bike offers. I am a self proclaimed Honda fan-boy myself, but I just cannot justify spending this much for this bike. My feeling is that the bike should have been around 5.5 lac ex-showroom. That would have still made it more than the KTM390 adventure, but atleast the buyer would have felt better paying a bit extra for the reliability, low parts and maintenance cost of the Honda bike. But this pricing is a tad atrocious. At 6.87 ex-showroom and more than 8. something lac on road in Kerala, I will keep hold of my existing bike for now and maybe wait for either a price drop on the 500X or other options in the near future. This is truly bad pricing by Honda. It will be interesting to see how many units they manage to sell in the next 6 months. Cheerio!
	(2) Thanks

17th March 2021, 15:27	#56
mh09ad5578 BHPian Join Date: Oct 2008 Location: chitradurga Posts: 267 Thanked: 741 Times	Re: Honda CB500X launched at Rs. 6.87 lakh Crazy pricing to a really good bike, almost 30 percent overpriced. At 5 lakhs ex-showroom, a lot of real adventure touring guys would have brought this! Alas, also sharing a funny WhatsApp forward received in my group regarding the pricing Attached Thumbnails
	(14) Thanks

17th March 2021, 20:55	#60
swiftnfurious Distinguished - BHPian Join Date: Sep 2009 Location: Chennai Posts: 7,139 Thanked: 9,489 Times	Re: Honda CB500X launched at Rs. 6.87 lakh I am one of those who had this bike in the wish list. Somehow I always had a hunch this will end up the typical Honda style pricing. As someone who owns a Honda CBR 250, few points that none has mentioned. 1. Horrible A$$!! Useless morons who dont even know how to service a bike proper. Every single service centre in Chennai is worser than the other. Bug Wing might be better - I dont have high hopes considering Chennai is getting Kun's Big Wing, same as their other showroom. 2. Difficulty in procuring parts - a simple mechanical seal has min 10-15 backlogs in each dealership in Chennai. I scouted beyond Chennai and checked in few districts and same case everywhere. 3. I needed a new side stand. The SA in Honda SC smiles at me and says "Side stand orders in LOT of 100 sir - please order 100 pieces and we'll deliver you the stand saar." 4 - Few bolts : Saar... Bolts in LOTS saar. Please pay Saar ( I didnt even ask the lot size). I struck of the machine from my list that day. It doesnt matter whether there's legendary reliability, when parts cant even be procured. I'd anyday pick a product which is less reliable but parts can easily be procured. Pay a premium first, and then be at the mercy of the stupid dealers & service centres. Yep - but you'll only hear these from Honda owners. Last edited by swiftnfurious : 17th March 2021 at 20:58.
	(14) Thanks

Thread Tools	Search this Thread
	Search this Thread: Advanced Search