Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT
Loans For You
Loans for Business
Investment
Insurance
Apply
Quick Links for loans
Quick Links for Insurance
Investment
Offers Quick Pay
Back

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure
Know More
Back

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required
Know More
Menu  
 
Apply Now

Tata Capital > Blog > Loan for Vehicle > 5 Reasons Why Bikes Are Better Than Cars

Loan for Vehicle

5 Reasons Why Bikes Are Better Than Cars

5 Reasons Why Bikes Are Better Than Cars

Bikes vs cars is a debate that has sparked heated arguments from both sides of the camps. Petrolheads would argue in favour of a car's comfort, while bikers would swear by the joy of the riding experience. With so much of “he said she said” happening on the internet, no wonder first time buyers often find themselves at a crossroads when choosing between a single pair of wheels and two.

If you're straddling a similar fence, the answer is undoubtedly bikes. With butter-like manoeuvrability and superior fuel economy, bikes are a far better alternative than a car. Not convinced? Here are the top five reasons why.

#1 Bikes are more affordable

Bikes are less expensive than most "affordable" cars in the market. They're also more fuel-efficient and offer up to 6 times the mileage as a car. Now that's a lot of gas money you're saving there! So if you're on the road daily, there's no better fit for you than a motorbike. You can also purchase a bike on an EMI basis if you're running on a tight budget.

Just use a two-wheeler loan EMI calculator to estimate the EMI amount beforehand and plan your finances accordingly.

#2 Bikes are easier to maintain

Since bikes are smaller than cars, they don't demand a lot of maintenance. There are also fewer parts that need care, which makes the job easy on your pockets as well. And if you're handy with tools and know how to get your hands dirty, you can run maintenance checks at home also.

Additional Read: Tips to maintain your bike during the rainy season

#3 Bikes are easier to navigate in traffic

It is tedious to sit in a car moving at a snail's pace on a jam-packed road. Bikes, on the other hand, are compact, which allows for quick and easy manoeuvre through a traffic jam. This also means you can easily avoid congested roads and reach your destinations much faster. 

#4 No toll charges apply to bikes

If you commute on a route with toll plazas, having a bike gives you an advantage. Unlike cars, they do not have to pay toll charges. It saves your time and money as you do not have to stop and pay a toll fee to pass through. This can be a blessing during peak hours when the plazas are brimming with commuters. You can also direct the money saved on tolls towards paying your bike loan interest rates if you're currently servicing a loan.

#5 Bikes offer more freedom to travel

Long bike rides to scenic locations are the ultimate benefits of owning a pair of wheels. Whether you like to travel in groups or take a solo trip, a bike offers the element of freedom that you do not enjoy while traveling in a car. What's even better is that along the way, if your bike gets damaged, it will also be cheaper and less time-consuming to get it fixed and ready for the next ride.

Additional Read: Tips on How to Improve Your Bike Performance Easily

To sum up

So, made up your mind about purchasing a bike? If so, look no further because Tata Capital offers two-wheeler loan at affordable repayment terms. With 100% financing of the bike cost, we can help you own your dream bike in no time. Learn more about our bike loan interest rates.

Apply Now
Disclaimer

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Viewed Blogs

Trending Blogs

Calculator

Personal Loan EMI Calculator

Personal Loan EMI Calculator
Home Loan EMI Calculator

Home Loan EMI Calculator
Business Loan EMI Calculator

Business Loan EMI Calculator
Used Car Loan EMI Calculator

Used Car Loan EMI Calculator
Two Wheeler Loan EMI Calculator

Two Wheeler Loan EMI Calculator
Loan Against Securities Calculator

Loan Against Securities Calculator
Loan Against Property Calculator

Loan Against Property Calculator
More Tools
Our Subsidiaries
Our Other Websites

Important Information

Investor Information

Visit us on:,Visit us on: www.tatacapitalmoneyfy.com,www.tatacapitalmoneyfy.com

Our Private Equity Funds

Amalgamated Companies

Top Branches

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Policies, Codes & Other Documents

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Tata Capital Solutions & Services

Uh oh, something went wrong

Please try again later.