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How much does it cost to rent a bike in India?

How much does it cost to rent a bike in India?

Means of transport have become today’s necessity. Individuals use bikes or scooters to commute or carry out their work operations. However, people’s choices have evolved as they prefer to rent a vehicle than owning. The reasons include hefty maintenance, fuel prices, and multiple utilities. 

Bike rental services are now available in every corner of the country. Their prices vary depending on the location and type of vehicle. The price starts from Rs 3599 per month. Moreover, the bikes are available for multiple durations- daily, weekly, and monthly. Rental services often have specific types of bikes. 

Here are the monthly estimated costs of bike rentals in India,

  1. Honda Dream Neo: Rs 3599-Rs 4000
  2. Honda Navi; Rs 4249-Rs 4500
  3. Bajaj CT110: Rs 4700- Rs 5200
  4. Honda Livo: Rs 4249-Rs 4600
  5. Honda Activa: Rs 4599-Rs 5000
  6. Honda Dio: Rs 4799-Rs 5299
  7. Bajaj Pulsar 150: Rs 7149- Rs 7349
  8. Bajaj Pulsar 135 PS: Rs 4949-Rs 5149

 

Kindly note that these rent charges are estimations. The actual costs may vary depending on the region and conditions. Moreover, most bike rentals require additional expenses in the form of security deposits. These are generally refundable if the optimal conditions of the vehicle get ensured. 

 

Other expenses exclusive of bike rentals include, 

  • Helmets (in some cases)
  • Interstate taxes
  • Fuel cost
  • Parking chargers
  • Toll taxes
  • Maintenance charges if any part is damaged
  • Luggage bags

Is bike rental better than buying it?

Bike rentals are a boon for blue-collar workers who cannot afford to own a vehicle. This category includes delivery executives and remote service providers. Thus, renting a bike has evolved from leisure to means of livelihood in recent times. Some of the aspects of advantages include, 

  • Fuel Prices:

    The prices of petrol, diesel, and CNG are constantly rising in India. Such inflation has a direct impact on the income of individuals. Since both rental and owning a vehicle require fuel, this is a downside. One alternative to balancing fuel prices is switching to an electric two-wheeler. They often run through batteries and can be charged at home. 

  • Long-term costs:

    The costs of owning a vehicle adds to the moment you buy it. The usual maintenance costs of a bike include repairing, changing parts, and servicing. However, these problems get eliminated through the rental of EV bikes. These vehicles come up with batteries having a lifespan of at least 15 years. Moreover, many rental providers facilitate battery exchanges at minimal costs. Limited moving parts in EVs reduce the running costs by 40 per cent.

  • Instant mobility:

    The primary reason for owning a vehicle is to gain instant accessibility. A lot of rental services include returning the bike after its daily usage. Thus, the advantage of ownership lacks significance in this scenario. The provision of a permanent vehicle assists individuals during medical emergencies, last-minute work calls, and much more. However, some rental providers like Zypp allow riders to keep the bike as if they own them. Such a facility comes at an advantage for riders. 

Renting electric bike

Electric vehicles have gained popularity in 2-wheelers, 3-wheelers, and even public transport. However, their costs can be hefty for many Indians. Renting an electric bike is always advisable in such a scenario. The impact of EV rental includes, 

  • Environmental Limitation

Urbanization and industrialization have pushed the need for transportation at an exponential rate. Thus, the demand for e-commerce and logistics is higher than ever. Such a scenario is likely to persist and grow in the future. However, development comes at the cost of the environment by leading to more vehicles on the roads. The pollution rates have gained attention in several metropolitan cities and towns. 

India aims to reduce transport emissions after the 2015 Paris Agreement. Its objective is to reduce the carbon intensity by less than 45% by 2022. Thus, India requires a switch from traditional vehicles to electric vehicles. 

  • Economic Aspects

As discussed earlier, fuel and maintenance costs are problematic for blue-collar workers like delivery executives. Renting EV bikes in India brings economic advantages for such individuals. For instance, Zypp provides powerful double battery scooters for daily rent starting at just Rs 100. Even the battery chargers are inclusive of the vehicles to ease comfort and accessibility. 

Zypp’s Pilot Program enables riders to earn a sustainable income by delivering orders through Zypp. The prominent clients of Zypp include Zomato, Swiggy, Blinkit, and many others. Electric vehicles in India will soon become a regular norm to boost environmental productivity. Thus, one can earn income and increase savings at the same time. 

For more details, visit Zypp’s website https://zypp.app/.

Conclusion 

Individuals dependent on last-mile delivery services need to find a sustainable bike rental. It should be favourable in terms of cost, terms, and utility. Moreover, renting an electric vehicle always come at an extra benefit for the costs and the environment. Be aware and research thoroughly before renting a bike! 

 

Team Zypp Electric
Team Zypp Electric

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