Many have always looked at a KTM and thought, “I want it so badly”. However, most people step back from their dream bike the moment they see the price. For anyone who pulled the trigger on buying, the news is that KTM has been making waves in the market lately. Yes, it is coming on heavy discounts, leaving potential buyers thinking of KTM as a forbidden fruit. Is it facing financial troubles? Is it a clever marketing strategy? What is the reason behind this heavy discount? Well, this has been a hot discussion among bike lovers. If you are one of them, let’s dive deeper into it.
Possible reason behind the Discounts by KTM India?
Is Global Bankruptcy News a Cause for Concern?
The company that sells the best toys for big boys has come with an unbelievable sale. KTM- the most amazing bike that you have eyed but never purchased due to high cost might be a good deal now. Yes, KTM is selling bikes at heavy discounts.
But the concern is- Would you still want to purchase it at this time?
Currently, predicting the future of what KTM holds is unknown. At present, the brand has reportedly stopped manufacturing, pulled out of the racing series, failed to pay employees and may move production once it starts up again. When you are about to invest a huge amount of money on a bike you have eyed for a long time, none of this is what you want to hear.
Many of us are also wondering if global bankruptcy news is a concern. Well, the news of KTM’s parent company, Pierer Mobility AG, facing financial troubles broke out a few months ago. According to reports, the company declared bankruptcy in Austria, claiming large losses due to the outbreak of COVID-19. This, as a result, heightened market competition.
According to reports, the company has 2,65,000 unsold motorcycles that are just waiting to be “ready to race”. This equals a year’s worth of worldwide sales. However, KTM has made it clear that operations would carry on normally.
The company also added that the bankruptcy filing was a preventative step to restructure the company’s debt. Talking about which, purchasing it can either convert a good offer into a bad one or get the bargain of a lifetime if you are lucky with your selection.
A Push to Introduce New Higher CC Models?
The heavy discount on bikes from KTM has left everyone thinking about the many reasons. While some are doubting if this is due to financial instability, others are thinking if it is a push to new higher cc models. Well, offering steep discounts may be due to making room for new, more expensive CC models.
With an emphasis on bikes with greater features and power, the company has been growing its product line in recent years. KTM may be making room for new models that will appeal to enthusiasts seeking greater features and performance. For instance, KTM has already stated that it will introduce new models later this year, including the 390 SMC R, 390 Enduro R and 890 Duke.
KTM’s heavy discount on bikes could also be a strategic move to clear our old inventory. By eliminating older models that no longer are in demand, the company may want to introduce newer models. This also will allow the company to more effectively manage resources, save inventory costs and streamline its product selection with this strategy.
Currently, the duration and quality of KTM’s after-sale services are unknown. Even if a new bike is heavily discounted, the risk would be enough to make anyone reconsider purchasing one. This gets worse when you consider that KTMs have been dealing with a huge reliability issue.
Should You Wait or Grab the Opportunity?
All things considered, the question remains- should you wait for the new ones to arrive or grab the steep discounts on current bikes? Well, this comes down to your requirements and priorities in the end.
If you are searching for a dependable and reasonably priced bike, then discounts on current models may be too good to ignore. However, at the same time, it can be worthwhile to wait for the new models if you are prepared to wait and want to finest and latest technologies.
KTM Discounts – A Make or Break Kind of Deal
Potential customers are worried about how steep discounts may affect the KTM bikes’ resale value. The resale value of the older models may be impacted if the company is giving substantial discounts on new bikes. However, it is important to remember that KTM motorcycles often retain their value well. The company also has a devoted clientele which guarantees a consistent market for its products.
KTM continues to negotiate the cutthroat motorcycle industry. The company is dedicated to producing top-notch motorcycles to satisfy the demands of enthusiasts everywhere. You can be confident that KTM will keep pushing the limits of performance and innovation. Currently, the choice between whether you want to choose to grab the opportunity or wait for what comes next is yours to make.
