ownership

Royal Enfield offers Assured Motorcycle Buyback Program

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Royal Enfield is now offering an opportunity for buyers to get assured resale value for the purchase of their new motorcycle. This is made possible with Enfield’s new ‘Assured Buyback Program’. The two-wheeler giant has partnered with OTO Capital for the buyback program, promising guaranteed buyback value of up to 77 percent depending on customer’s selected tenure. Flexible purchase tenures spanning from 1-3 years are on offer, ensuring customers up to 45 percent lower EMIs with guaranteed buyback value as per the ownership period. OTO Capital is offering a cashback incentive at the end of the tenure in a first-of-its-kind initiative. Enfield is calling it a seamless ownership experience. Customers have the option to either trade in their existing motorcycle for a new RE offering or return their motorcycle when their choice of tenure ends. Apart from this, lower EMIs will translate to a lower cost of ownership for customers. Commenting on the launch, B Govindarajan, CEO – Royal Enfield, said, “At Royal Enfield, we always prioritise the customer. Right from the stage of motorcycle conception and development, all the way to designing in-store and in-use consumer experiences, we always endeavour to create what consumers want. The Assured Buyback Program shows our commitment to making motorcycle ownership more seamless, more accessible and more fun for potential riders. Offering a first-of-its-kind, innovative solution, this programme is designed as a promise to consumers for complete peace of mind, so they can absolutely enjoy a pure motorcycling experience with Royal Enfield.” For now, Royal Enfield Assured Buyback Program will be available in 12 cities including Delhi, Ghaziabad, Noida, Lucknow, Jaipur, Bhopal, Indore, Ahmedabad, Pune, Hyderabad, Bengaluru, and Chennai. This scheme will later extend to other cities in the future. Refer: https://www.royalenfield.com/in/en/finance/assured-buyback/ * * * * * * * * * * * * […]

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(Classic) Easyriders magazine again hits a speed bump

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The above screenshot shows a message that appears as a pop-up on the re-invented “Classic” Easyriders magazine website. This is after two years into the re-launch of this iconic motorcycling lifestyle publication. Two specific things noted after reviewing the website: The September 2023 issue is not listed for sale There is no link nor button nor any webpage for purchase of annual subscription It is unknown if there is any refunds or cancellations or any other subscriber related issues– and we don’t intend to speculate. Look out for Bikernet.com investigation into this discovery in the upcoming weekly news posted every Thursday. Refer our Weekly News section by clicking here. Below is the text reproduction from the screenshot for your information and reference only — all rights are exclusive to Classic Easyriders and Paisano Publishing only. * * * * From: https://classiceasyriders.com/ Dear Easyriders Subscribers, Due to a legal conflict between GIT Corp. (licensee) and Paisano Publishing (licensor and Brand Owner), GIT Corp. will no longer be publishing Easyriders Magazine. It will continue to be published monthly by Paisano Publishing and the current subscribers list has been forward to Paisano from GIT, in order for you monthly subscription to continue being delivered to all Easyriders subscribers. Please direct any new subscription inquiries or current subscription questions to: bbarresi@paisanopub.com We at GIT Corp. would like to thank all the customers that have supported us in the past 2 years in bringing back Easyriders Magazine. Thanks, GIT Corp.

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Another Victory in Kansas: Law to Ease Titling Procedures for Antique Vehicles

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Another Victory in Kansas as Governor Signs into Law Bill to Ease Titling Procedures for Antique Vehicles—Congratulations! Another win in Kansas! Governor Laura Kelly signed into law SAN-supported legislation (H.B. 2595) to allow vehicles registered as “Antique” which are 60 years old or older the ability to forego a VIN inspection when applying for a title. The new law expands vehicles eligible for certain titling procedures by allowing Antique vehicles that are at least 60 years old needing only a bill of sale as proof of ownership and an application when applying for a title. Prior to the new law, only antique vehicles with a model year of 1950 or earlier could forego the VIN inspection when applying for a title. Additionally, the new law recognizes that the collection and restoration of historic and classic cars is an important part of preserving the technological achievements and cultural heritage of the United States. It will go into effect upon publication in the Kansas Register statute book. Congratulations and thank you to those who supported this effort! Join SEMA – visit Website at: https://www.semasan.com/ To Stay updated on all Motorcycle News and Events … – simply Click & Subscribe to Bikernet’s FREE Weekly Newsletter

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At Largest Market: Two-wheeler sales crash to 10-year-low in FY22

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Two-wheeler sales crash to 10-year-low in FY22; motorcycles fall below 9 mn India is the largest manufacturer of two-wheelers and also the largest market for it. (China being second) One of the primary reasons for this downfall is the spiraling cost of fuel prices. by John from https://www.newswwc.com/ New Delhi: Rural distress impacted the Indian two-wheeler segment, one of the largest in the world, in a big way that their sales in 2021-22 fell sharply, for the first time in ten years, to 13,466,000 units, as per the latest data from the Society of Indian Automobile Manufacturers (SIAM). It was in 2011-2012 that the two-wheeler sales were close to this number at 13,409,00. ( India’s Financial Year is calculated as from 01-April-2021 to 31-March-2022 ) Throughout the year, demand for motorcycles and scooters was impacted by rural distress and higher ownership cost amidst soaring fuel prices. Sales of two-wheelers, particularly motorcycles failed to gather momentum even during the festive months, leaving the companies burdened with a pile of unsold stocks. As a result, the overall sales of motorcycles fell below the 9-lakh mark for the first time since 2016-2017, SIAM report said. One of the primary reasons for this downfall is the spiraling cost of fuel prices. Barring two months, petrol prices escalated in almost all months of FY22, sometimes even thrice a month that severely impacted the demand of entry-level motorcycles which is the primary choice of the budget-conscious low-income consumers. New motorcycle sales are directly correlated with fuel prices, as 62% of the country’s fuel sales are consumed by the two-wheeler segment. According to market experts, spike in auto fuel prices has triggered the rate of deferment majorly among the consumers of below 125cc two-wheelers that hold about 80% of the total market. Besides, shortage of semiconductors and

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Women and Growth in Gun Ownership & Firearms Industry

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Contributions American women make to the firearm and ammunition industry – past, present and future by Larry Keane from www.TheTruthAboutGuns.com March is Women’s History Month and there’s no better opportunity to celebrate the contributions American women make to the firearm and ammunition industry – past, present and future. Women have accounted for 40 percent of firearm sales over the past two years. Click Here to read this Feature Article on Bikernet.com Check Out our “Celebrate Women” section – Click Here

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Do You Own a Motorcycle Airbag if You Have to Pay Extra to Inflate It?

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by EditorDavid from https://tech.slashdot.org “Pardon me while I feed the meter on my critical safety device,” quips a Hackaday article: If you ride a motorcycle, you may have noticed that the cost of airbag vests has dropped. In one case, something very different is going on here. As reported by Motherboard, you can pick up a KLIM Ai-1 for $400 but the airbag built into it will not function until unlocked with an additional purchase, and a big one at that. So do you really own the vest for $400…? The Klim airbag vest has two components that make it work. The vest itself is from Klim and costs $400 and arrives along with the airbag unit. But if you want it to actually detect an accident and inflate, you need load up a smartphone app and activate a small black box made by a different company: In&Motion. That requires your choice of another $400 payment or you can subscribe at $12 a month or $120 a year. If you fail to renew, the vest is essentially worthless. Hackaday notes it raises the question of what it means to own a piece of technology. “Do you own your cable modem or cell phone if you aren’t allowed to open it up? Do you own a piece of software that wants to call home periodically and won’t let you stop it?” This Motorcycle Airbag Vest Will Stop Working If You Miss a Payment by Aaron Gordon from https://www.vice.com Airbag vests are pretty much exactly what they sound like, garments worn by people who undertake exceedingly dangerous personal hobbies in order to slightly reduce the risk of severe bodily harm or death. For example, in 2018 the motorcycle racing circuit MotoGP made airbag vests mandatory. Since then airbag vests have become steadily

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