The Royal Enfield Meteor 350 was recently spotted undisguised, hinting that it would be launched in India soon. This gives rise to the most obvious question- How much will it cost?. We try to unravel that mystery before the Meteor 350 arrives in the country.
As we reported earlier, Royal Enfield has nothing less than three new motorcycles up its sleeve which are likely to be launched this year. The first motorcycle is expected to be the Meteor 350; a replacement for the Thunderbird X which is priced at Rs 1.64 lakh. The latest spy images have confirmed that Royal Enfield has carried the styling from the Thunderbird X. However, the Meteor sports an LCD instrument cluster, revised seats, and a different tail lamp design that adds value to the package. Moreover, the Meteor is also expected to get a heavily revised version of the current 346cc engine.
All of these updates translate to extra costs. But would Royal Enfield hike the price substantially? We think not. With an increase in motorcycles that threaten its stronghold in the market, Royal Enfield is looking to price its products competitively. Hence, the Meteor 350 could cost a marginal premium of around Rs 8,000 to Rs 10,000 over the Thunderbird X’s price despite the extra features. We expect it to carry a price tag of around Rs 1.70 lakh to Rs 1.74 lakh.
Furthermore, an updated Classic 350 is also likely to be introduced after the Meteor 350. It will be powered by the revised 346cc engine and get updates similar to the latter. Now, the base variant of the current Classic 350 is priced lower than the Thunderbird X at 1.57 lakh. While the new model will see an increase in price, we expect Royal Enfield to continue with the same approach and position the Meteor 350 above the new Classic.
All prices are ex-showroom, Delhi