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Hero Splendor Plus IBS Price History

Track price changes and trends over time

Hero Splendor Plus IBS

Hero Splendor Plus IBS Price History

Hero Splendor Plus IBS Price Trend
Price movement over time
Price Insights
Current Price ৳123,000
Highest Price ৳123,000
Lowest Price ৳123,000
Current price shown
Price tracking active: Jul 7, 2025
Historical data will appear as prices change

Hero Splendor Plus IBS Price Analysis & Market Insights

Understanding Hero Splendor Plus IBS Pricing in Bangladesh

The Hero Splendor Plus IBS is positioned in the budget-friendly segment at ৳123,000. This pricing strategy makes it accessible to entry-level riders and daily commuters .

Factors Affecting Price
  • Engine Capacity: 97.2cc displacement affects manufacturing costs and performance capabilities
  • Brand Premium: Hero brand value and reputation
  • Technology Features: Modern features and safety equipment
  • Market Demand: Supply and demand dynamics in Bangladesh
Value for Money Analysis

At its current price point, the Hero Splendor Plus IBS offers:

Fuel Efficiency

70.0 km/l average

Maintenance

Affordable service costs

Resale Value

Strong market retention

Price Comparison
Displacement Segment:
97.2 bikes

Financing Options
20% Down Payment: ৳24,600
Monthly (12 months): ৳8,200
Monthly (24 months): ৳4,100
*Approximate calculations, actual rates may vary

Investment Analysis: Is Hero Splendor Plus IBS Worth It?

Cost of Ownership Analysis

Understanding the total cost of ownership helps make an informed decision about the Hero Splendor Plus IBS.

Annual Running Costs (Estimated)
Fuel (15,000 km/year) ৳27,857
Regular Maintenance ৳8,000 - ৳12,000
Insurance ৳2,460 - ৳4,305
Registration & Tax ৳2,000 - ৳3,500
Total Annual Cost ৳43,682

Return on Investment (ROI)

Consider these benefits when evaluating the Hero Splendor Plus IBS as an investment:

Time Savings

Estimated 2-3 hours daily saved compared to public transport

Value: ৳30,000-45,000 annually (time value)

Transport Cost Reduction

Replaces bus/CNG fares for daily commuting

Savings: ৳15,000-25,000 annually

Income Opportunities

Delivery, ride-sharing, or business use potential

Earning potential: ৳10,000-30,000 monthly

Asset Appreciation

Well-maintained motorcycles retain 60-70% value after 3 years

Estimated resale: ৳79,950 (3 years)

Explore Related Price Information

Brand Pricing

Compare Hero motorcycle prices across different models and segments.

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Category Pricing

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Commuter Prices
Engine Size Pricing

Compare 97.2 motorcycle prices and find similar engine capacity options.

Engine Size Prices
Price Comparison

Use our comparison tool to compare prices, features, and value propositions.

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More About Hero Splendor Plus IBS

Hero Splendor Plus IBS Cost of Ownership Analysis

Comprehensive financial breakdown based on actual motorcycle specifications

Total Cost Calculator

Initial Investment
Base Price: ৳123,000
Registration & Tax: ৳6,150
Insurance: ৳3,075
Basic Accessories: ৳20,000

Total Initial Cost: ৳152,225
Annual Running Costs
Fuel (12,000 km/year): ৳20,571
Maintenance & Repairs: ৳10,000
Service (1200 x 2): ৳2,400
Insurance Renewal: ৳3,075

Total Annual Cost: ৳36,046

Fuel Efficiency Analysis

Fuel Economy

70.0

Monthly Fuel Cost

৳1,714

Cost per KM

৳1.71

Fuel Cost Comparison
Monthly (1000 km): ৳1,714
Dhaka-Chittagong (264 km): ৳453
Dhaka-Sylhet (247 km): ৳423

Resale Value Analysis

After 1 Year: ৳104,550
After 2 Years: ৳88,560
After 3 Years: ৳75,030
After 5 Years: ৳55,350
Factors Affecting Resale Value
  • Hero reputation
  • Regular maintenance history
  • Engine condition
  • Market demand
  • Accident history