Buying a KTM Duke motorcycle with a salary of 17,000 INR per month may be challenging since the KTM Duke 390 is a higher-end model with a significant price tag. However, here are a few options you can consider:
Savings and Budgeting: Assess your current expenses and see if there are any areas where you can cut back to save more money each month. By setting aside a portion of your salary specifically for purchasing the motorcycle, you can gradually accumulate the necessary funds.
Financing: Check with various banks or financial institutions to see if you are eligible for a motorcycle loan. They can provide you with a loan amount based on your salary, credit history, and other factors. Keep in mind that taking a loan will involve paying interest, so carefully consider the terms and conditions before proceeding.
Second-hand Market: Instead of buying a brand-new KTM Duke 390, consider exploring the second-hand market. You may find used KTM Duke motorcycles at a more affordable price. Be sure to thoroughly inspect the bike and conduct a proper background check to ensure its condition and legality.
EMI Options: Some dealerships or sellers may offer easy monthly installment (EMI) options. Inquire about such schemes to determine if they fit within your budget. However, keep in mind that EMI payments will add to your monthly expenses, so calculate the total cost before committing to such arrangements.
Consider Lower-End Models: If the KTM Duke 390 is beyond your budget, you can explore other models in the KTM Duke series or even consider motorcycles from different brands that offer similar features within your price range.
Remember that purchasing a motorcycle is not just about the upfront cost but also involves expenses such as insurance, maintenance, fuel, and registration fees. Assess your financial situation carefully and consider all these factors before making a decision.