Due to price, agility in urban traffic and low maintenance costs, more and more people choose motorcycles as a means of daily transportation.
And even more so with the increases that public transportation, cars and fuel have received.
Logically, the motorcycle does not offer the level of safety, comfort and technology of a car, although in price (beyond the fact that there are high-end models that cost the same as a car) there is no point of comparison either.
The offer of the cheapest motorcycles on the market starts, on average, from one
million pesos,
although you can get some models below that figure.
These are low displacement models, generally
110 cubic centimeters
(cc.), manufactured in the country and belonging to the
CUB
segment , an acronym that in English means "cheap urban bike."
The marked increase in motorcycle sales began a few years ago when the government encouraged local production based on
IKD “Incompletely Knocked Down” assembly
, a format that allows the motorcycle to be assembled with imported parts, complementing them with national parts.
The benefit is that the greater the number of national components that the motorcycle has, the lower the customs tax that manufacturers will pay to import the rest of the parts.
Corven Energy.
It is the best-selling model among the most economical ones.
This impulse allowed the establishment of national capital groups such as Iraola (currently Corven), La Emilia and Simpa, to name a few, which assemble various brands and models.
The motorcycle boom
The rise of the motorcycle, like the bicycle, began to become visible in times of pandemic, when many people began to choose it due to the need to use alternative means to public transportation.
Prices within reach and payment facilities were the key.
This whole panorama had its first big impact in 2021, the year in which, for the first time in history,
more motorcycles than cars were patented
.
According to ACARA reports,
383,683
motorcycles were sold in the country compared to 381,777 cars.
Many of these CUB models are used to work as delivery.
Photo Guillermo Rodriguez Adami
This trend continued in the following years.
In 2022, the patenting of motorcycles amounted to
410,955
(compared to 407,532 cars), while in 2023 the market grew by 14.5%, reaching
470,691
units (cars did not exceed the barrier of 450,000 sales).
Within this context, the best-selling model for years is the
Honda Wave 110
, which is not among the most economical.
The range offers two versions, with drum brakes ($1,683,400) and disc brakes ($2,016,800).
Below is the list of the
10 most economical motorcycle models
on the market:
Keller Crono Eco:
$900,000
Mondial LD 110:
$993,900
Gilera Smash:
$1,000,000
Corven Energy:
$1,015,990
Motomel Blitz 110 Start:
$1,049,000
Corven Mirage 110:
$1,065,990
Motomel DLX 110 Deluxe:
$1,070,000
Zanella ZB 110 LT:
$1,094,990
Gilera Smash Full R:
$1,100,000
Motomel Blitz Full:
$1,105,000
See also
See also
Simple Installment Plan: which are the motorcycles that can be purchased in up to 6 installments
See also
See also
Comfort on board: which are the 10 cheapest cars with automatic transmission on the market