Please select your desired motorcycle brand to know price of each and every models as well as full specifications and latest price
Despite the number of innovative vehicles being introduced in the market every year, motorcycle riding is being popular among the Filipinos day by day. Motorcycles remain as one of the most popular transportation due to their positive impact on daily life. But among the south Asian country like Philippines, bike price is a big factor about people’s living standard. Though bike is one of the most important parts of the countries vehicle sector and it has a great contribution in countries GDP growth. But Philippines vehicles sector is still growing and struggling one. As a result this sector is dependent on import which is very expensive in Philippines. That’s why bike price is pretend to be high in Philippines.
The Philippines customs apply a value tax for imported goods at 12%.the Philippines customs levy no tariff or tax for goods worth less than P10000. Compared to other Southeast Asian markets, the Philippine market is not yet saturated, providing many investment opportunities and having space for further development. The six manufacturers having local production have a clear advantage in the domestic market, but they have to fight against an aggressive group of local brands.
Indeed, the leader is the Japanese Honda with over 0.6 million sales in the 2019 holding over one-third of market share. In second place Yamaha is not far and is ahead of Suzuki, Kawasaki and Kymco. KTM, which has established in the country a 7.000 uts/year production plant, is the leader among the premium brands. The growing Filipino middle class sees motorcycles as efficient and cost-effective for both personal and business needs. Motorcycle is so popular among the retail businessman and maximum job holders. With easy access to credit, sales potential in the country is promising. Consumers are able to buy motorcycles at reasonable prices, with many investors specializing in semi-knocked down units.
Let’s have a look to the major motorcycles current price in Philippines.
Motorcycle Price list for Philippines;
|Motorcycle Model Name||Current Price|
|Honda Gold Wing||₱ 1.88 Million|
|Honda CBR1000RR||₱ 1.36 Million|
|Kawasaki Ninja H2||₱1.5 - ₱1.64 Million|
|Kawasaki Ninja ZX-10RR||₱ 1.36 Million|
|Suzuki GSX-R1000||₱955,000 - ₱1.19 Million|
|Suzuki Hayabusa GSX-R1300||₱ 924,000|
|KTM 1290 Super Duke GT||₱1.3 Million|
|Yamaha YZF-R3||₱ 259,000|
|Yamaha Xmax||₱ 249,000|
|Royal Enfield Classic 500||₱313,000 - ₱329,000|
|Royal Enfield Rumbler 500||₱ 353,500|
|Harley-Davidson CVO Limited||₱ 3.78 Million|
|Harley-Davidson CVO Street Glide||₱ 3.28 Million|
|BMW HP4 Race||₱ 6.3 Million|
|BMW R 1200||₱1.42 - ₱1.79 Million|