Triumph India to enter used bike business with Triumph Approved

TusharK · 5th October 2020, 11:01

According to a media report, Triumph is gearing up to launch its used bike vertical called Triumph Approved by the end of October 2020.

Triumph India to enter used bike business with Triumph Approved-triumphbonnevillet100blackrhsd9cb.png

Under Triumph Approved, the company will buy back used bikes from customers and sell them with warranty. Triumph will also offer finance options to customers.

The program will initially be launched in three dealerships. It will be introduced in at least 10 dealerships by December.

Triumph Approved will target first time buyers. The products that will be offered under this program will depend on customer demand.

The bikemaker offers a 2 year standard warranty on its bikes. The company is planning to offer a 1 year warranty on the used bikes.

Source

Link to Team-BHP News

Zinda · 5th October 2020, 16:46

Good move! This should provide better options at 5L budget, given the longevity of Triumph models, and then Quality assurance by the manufacturer itself.

GTO · 6th October 2020, 11:50

: thumbs up. If I were Triumph India's CEO, I'd double down on India, what with Harley's exit. A big chunk of the market just became available. This is the time to bring new bikes, go aggressive on pre-owned bikes, dial up the weekend rides etc. Nothing safer than going for a nice ride / drive in these socially-distanced times.

Quote:

Originally Posted by Zinda

given the longevity of Triumph models

Good reliability? Better than Harley?

Abhi5868 · 6th October 2020, 12:29

Great move by Triumph. At this point there only proper rival is the BMW motorrad. These two companies have been increasing their footprint at a much faster rate than others.

Those who are even somewhat into biking know that Triumph's pedigree is on par with Harley. I'd anyday go for a well maintained pre owned Street/Speed Twin then a new interceptor although it'll still cost almost twice.

Axe77 · 6th October 2020, 14:09

Quote:

Originally Posted by GTO

: thumbs up. If I were Triumph India's CEO, I'd double down on India, what with Harley's exit. A big chunk of the market just became available. This is the time to bring new bikes, go aggressive on pre-owned bikes, dial up the weekend rides etc. Nothing safer than going for a nice ride / drive in these socially-distanced times.

Perfectly summed up. This is exactly what I was thinking. If Harley had 40% market share (admittedly in part due to the low priced street 750) that's a massive chunk of opportunity for those remaining behind. They (Triumph) have always been dynamic with their launches but now is the time to go full guns on stuff that enhance customer experience - be it rides, marketing, service quality etc.

Quote:

Originally Posted by GTO

:
Good reliability? Better than Harley?

Brilliant reliability. In my eyes, Triumphs are literally like the Toyotas of the biking world. They are relatively reasonable to maintain by SBK standards and are pretty bullet proof too over prolonged ownership. Hondas of course are the cheapest to maintain but they are very very pricey to buy across most or many models. I would comfortably plonk money on a 40-50k kms run Tiger at the right price.

A LOT of first time buyers who buy the Bonnie range look to upgrade to bigger machines within a couple of years - like a Tiger / even street triple etc. As they see the attraction in some of those options. If the used bike space can be capitalised by triumph to offer warranty backed used bonnies at prices closer to / cheaper than a new 750 street that's getting a piece of that market as well. It could benefit from the space vacated by used as well as new 750s depending on the age of the Bonnie in Q.

SoumenD · 6th October 2020, 19:08

Now we are talking

New bikes are so exorbitantly priced here thanks to the taxes, that it just doesn’t feel anywhere close to being decent value. If priced sensibly this might just help folks with 5-6L budget get some cracker of machines. What adds to the peace of mind would be the 1 year warranty from manufacturer.

Zinda · 7th October 2020, 08:56

Quote:

Originally Posted by GTO

Good reliability? Better than Harley?

Yup! I would rank them ahead of Harleys in reliability and ease of maintenance. Have experienced it first hand, and my friends owning Triumph (Bonnie, Tiger) vouch for their reliability

r_nairtvm · 7th October 2020, 16:57

Quote:

Originally Posted by GTO

Good reliability? Better than Harley?

A picture is worth 1000 words they say

Triumph India to enter used bike business with Triumph Approved-img_9472.jpg

This is 2009 Model Bonneville (1st lot of the New Gen EFI). Its seen no refurbishments of any sorts till the day, since it has been out of showroom in 2009. Till 2013 she was in a country which didn't have a Triumph Dealership or an authorized Service Centre or even an spares support (not that I needed any except consumables like oil filter et al) .

Since 2013 she is in Bangalore.

Except for routine maintenance, I never had to take her in for service even here in India.

Build quality is so good that it can give more than a fair run to the German and Japanese brands any day.

This pic was taken on a recent ride.

Best Regards & Ride Safe

ebonho · 7th October 2020, 17:25

Quote:

Originally Posted by r_nairtvm

This pic was taken on a recent ride.

A beautiful bike that's been lovingly taken care of!

Cheers, Doc

imranstael · 7th October 2020, 22:49

Quote:

Originally Posted by TusharK

The program will initially be launched in three dealerships. It will be introduced in at least 10 dealerships by December.

Source

Link to Team-BHP News

Does anyone know which 3 cities/dealers this service is starting in first, this month?

kaushal21fb · 8th October 2020, 13:09

I think the first thing that Triumph should improve first are their dealerships.

I got my Stwin from Gurgaon dealership a month back and the experience was way less than expected of a Triumph brand. Leading me to fight out issues.

Also going by my discussion with other Triumph customers and TBHP thread (https://www.team-bhp.com/forum/super...g-brand-8.html (Triumph Motorcycles India : Is after-sales service killing this brand?)) seems like I'm not the only one.

Sad to see a brand capable of making such wonderful motorcycles being ruined by dodgy dealerships.

BTW my STWIN:

Triumph India to enter used bike business with Triumph Approved-img_20200918_065524.jpg

bf1983 · 8th October 2020, 14:05

Quote:

Originally Posted by kaushal21fb

I got my Stwin from Gurgaon dealership a month back and the experience was way less than expected of a Triumph brand. Leading me to fight out issues.

Could you please post your feedback on the below thread. Would be helpful to a lot of people.

https://www.team-bhp.com/forum/super...g-brand-8.html (Triumph Motorcycles India : Is after-sales service killing this brand?)

ku69rd · 8th October 2020, 15:20

Quote:

Originally Posted by r_nairtvm

This is 2009 Model Bonneville (1st lot of the New Gen EFI).

That's a beautiful bike well taken care of, hopefully we do a ride the next weekend?

imranstael · 18th October 2020, 17:37

It appears that Triumph India is already gearing up to start this program. Their website is talking about exchange deals and we are seeing ads on social media.

Animesh · 11th November 2020, 11:47

This is starting tomorrow as per Triumph's India Instagram page. It is another thing that given the huge number of threads on Triumph on this forum about the shoddy dealerships and service experiences, one would still be very skeptical about getting too enthusiastic about the used Triumphs from the company's network.

Triumph is like the Skoda of Motorcycles in India. Maybe worse.

5th October 2020, 11:01	#1
TusharK Senior - BHPian Join Date: Jul 2017 Location: Pune Posts: 6,265 Thanked: 55,806 Times	Triumph India to enter used bike business with Triumph Approved According to a media report, Triumph is gearing up to launch its used bike vertical called Triumph Approved by the end of October 2020. Under Triumph Approved, the company will buy back used bikes from customers and sell them with warranty. Triumph will also offer finance options to customers. The program will initially be launched in three dealerships. It will be introduced in at least 10 dealerships by December. Triumph Approved will target first time buyers. The products that will be offered under this program will depend on customer demand. The bikemaker offers a 2 year standard warranty on its bikes. The company is planning to offer a 1 year warranty on the used bikes. Source Link to Team-BHP News
	(16) Thanks

5th October 2020, 16:46	#2
Zinda BHPian Join Date: Aug 2007 Location: Bangalore Posts: 273 Thanked: 449 Times	re: Triumph India to enter used bike business with Triumph Approved Good move! This should provide better options at 5L budget, given the longevity of Triumph models, and then Quality assurance by the manufacturer itself.
	(2) Thanks

6th October 2020, 12:29	#4
Abhi5868 BHPian Join Date: Aug 2020 Location: Kanker Posts: 112 Thanked: 681 Times	Re: Triumph India to enter used bike business with Triumph Approved Great move by Triumph. At this point there only proper rival is the BMW motorrad. These two companies have been increasing their footprint at a much faster rate than others. Those who are even somewhat into biking know that Triumph's pedigree is on par with Harley. I'd anyday go for a well maintained pre owned Street/Speed Twin then a new interceptor although it'll still cost almost twice.
	(3) Thanks

6th October 2020, 19:08	#6
SoumenD Senior - BHPian Join Date: Feb 2013 Location: India Posts: 1,756 Thanked: 6,318 Times	Re: Triumph India to enter used bike business with Triumph Approved Now we are talking New bikes are so exorbitantly priced here thanks to the taxes, that it just doesn’t feel anywhere close to being decent value. If priced sensibly this might just help folks with 5-6L budget get some cracker of machines. What adds to the peace of mind would be the 1 year warranty from manufacturer. Last edited by SoumenD : 6th October 2020 at 19:12.
	(2) Thanks

8th October 2020, 13:09	#11
kaushal21fb BHPian Join Date: Sep 2010 Location: Faridabad Posts: 75 Thanked: 117 Times	Re: Triumph India to enter used bike business with Triumph Approved I think the first thing that Triumph should improve first are their dealerships. I got my Stwin from Gurgaon dealership a month back and the experience was way less than expected of a Triumph brand. Leading me to fight out issues. Also going by my discussion with other Triumph customers and TBHP thread (https://www.team-bhp.com/forum/super...g-brand-8.html (Triumph Motorcycles India : Is after-sales service killing this brand?)) seems like I'm not the only one. Sad to see a brand capable of making such wonderful motorcycles being ruined by dodgy dealerships. BTW my STWIN:
	() Thanks

18th October 2020, 17:37	#14
imranstael BHPian Join Date: Feb 2020 Location: Bangalore Posts: 81 Thanked: 179 Times	Re: Triumph India to enter used bike business with Triumph Approved It appears that Triumph India is already gearing up to start this program. Their website is talking about exchange deals and we are seeing ads on social media. Attached Thumbnails
	(1) Thanks

11th November 2020, 11:47	#15
Animesh BHPian Join Date: Apr 2010 Location: Mumbai Posts: 348 Thanked: 296 Times	Re: Triumph India to enter used bike business with Triumph Approved This is starting tomorrow as per Triumph's India Instagram page. It is another thing that given the huge number of threads on Triumph on this forum about the shoddy dealerships and service experiences, one would still be very skeptical about getting too enthusiastic about the used Triumphs from the company's network. Triumph is like the Skoda of Motorcycles in India. Maybe worse.
	(2) Thanks