July 18, 2024

How Much does it Cost to Rent a Bike in India?

zypp

Be it for exploring or carrying out daily activities, means of transport have become today’s necessity. 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 ranges from Rs 599 to Rs 3000 per day. Moreover, the bikes are available for multiple durations- daily, weekly, and monthly. Rental services often have specific types of bikes. 

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

  1. Bajaj Platina: Rs 549 
  2. Honda Activa; Rs 649
  3. Bajaj CT110: Rs 649
  4. Honda Shine: Rs 699
  5. TVS NTorq: Rs 749
  6. Yamaha FZ S: Rs 1299
  7. Yamaha R15V4: Rs 1999
  8. Royal Enfield Himalayan: Rs 2499

Kindly note that these rent charges are estimations. The actual costs may vary depending on the region and conditions. Moreover, a majority of bike rentals require additional charges in the form of security deposits. These are generally refundable if the optimal conditions of the vehicle get ensured. The fuel charges and any other expenses get borne by the one who rents the bike. 

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 percent.
  • 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 

In the end, the choice of bike rental depends on the duration and usage. Daily rentals are ideal for travelers who wish to explore places. The amount may not seem extraordinary to them due to limited use. However, individuals dependent on last-mile delivery services need to find a sustainable bike rental. It should be favorable 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!