Hero Splendor iSmart is a motorcycle that has been developed from scratch. It has a new frame and an engine that makes it Hero’s first ingenious product after its split-up with Honda. It is powered by a 109.51cc single-cylinder air-cooled engine that pumps out 8.97 bhp and 9.89 Nm.
This Splendor gives a mileage of 75 KMPL(ARAI certified) and is priced at Rs. 80,014(On-Road Delhi). It takes on TVS Star City Plus and Bajaj Platina 110 H-Gear among numerous other 110cc commuter bikes in the most sought after two-wheeler segment in India.
The Splendor iSmart is one of the most expensive motorcycles in its segment. While the number of features on offer is at par with its segment, the iSmart tries to justify its higher price by providing better quality materials and a technologically advanced engine.
Variant | Ex-Showroom Price(Delhi) inclusive of GST | GST(28%) | Insurance cost(3-year estimate) | RTO Cost | On-Road Price |
Hero Splendor with Self Start and Disc brake | Rs. 67,900 | Rs. 19,012 | Rs. 6,046 | Rs. 6,868 | Rs. 80,014 |
*Delhi taken as reference
Hero currently offers the Splendor iSmart in only one variant which is priced at Rs. 67,900 (Ex-Showroom Delhi). This variant offers a Self-Start, Disc Brakes, and Alloy Wheels. The defining feature of the i-Smart is the i3S feature which switched the engine off while at a standstill.
Hero MotorCorp is known for its wider reach and even have a stronger hold in the rural sectors of India. This gives them an edge over its competition. We have compiled the pricing of 2020 Hero Splendor iSmart BS6 across various cities that come under Delhi-NCR region. Hero tries to keep the price buffer low but Gurgaon and Rohtak have a larger fluctuation in pricing. We compare it to the likes of Bajaj Platina 110 H-Gear and TVS Star City Plus
Model | New Delhi(On-road price) | Gurgaon(On-road price) | Noida(On-road price) | Rohtak(On-road price) | Ghaziabad(On-road price) |
Hero Splendour iSmart | Rs. 80,014 | Rs. 77,306 | Rs. 81,779 | Rs. 77,306 | Rs. 81,779 |
Bajaj Platina 110 H-Gear | Rs. 70,796 | Rs. 69,714 | Rs. 73,096 | Rs. 69,714 | Rs. 73,096 |
TVS Star City Plus(Mono-tone) | Rs. 72,796 | Rs.71,702 | Rs. 74,742 | Rs.71,702 | Rs. 74,742 |
Variant | Hero Splendor iSmart BS6 Ex-Showroom price in Delhi | Hero Splendor iSmart BS6 On-Road price in Delhi |
Hero Splendor iSmart 110 BS6 | Rs. 67,900 | Rs. 80,014 |
Variant | Hero Splendor iSmart BS6 Ex-Showroom price in Gurgaon | Hero Splendor iSmart BS6 On-Road price in Gurgaon |
Hero Splendor iSmart 110 BS6 | Rs. 67,900 | Rs. 74,977 |
Variant | Hero Splendor iSmart BS6 Ex-Showroom price in Noida | Hero Splendor iSmart BS6 On-Road price in Noida |
Hero Splendor iSmart 110 BS6 | Rs. 68,300 | Rs. 79,318 |
Variant | Hero Splendor iSmart BS6 Ex-Showroom price in Rohtak | Hero Splendor iSmart BS6 On-Road price in Rohtak |
Hero Splendor iSmart 110 BS6 | Rs. 67,900 | Rs. 74,977 |
Variant | Hero Splendor iSmart BS6 Ex-Showroom price in Ghaziabad | Hero Splendor iSmart BS6 On-Road price in Ghaziabad |
Hero Splendor iSmart 110 BS6 | Rs. 68,300 | Rs. 79,318 |
As the price of a bike depreciates only around 5% in the first 6 months the IDV of the bike after 6 months will be around Rs. 61,655. But after 6 months the price of the bike can drop to around Rs. 57,715 which is a 15% drop in its Ex-Showroom Price.
After 4 years of owning the bike, the value can drop to around Rs. 25,960. Hence if you plan to sell the bike in the second-hand market, the best time to do that would be just after a year to get the maximum balance between your return and usage.
Age of motorcycle | % of depreciation | Resale Price for Hero Splendor iSmart BS6 |
6 months- 1 year | 15% | Rs. 57,715 |
1-2 year | 20% | Rs. 54,320 |
2-3 year | 30% | Rs. 47,530 |
3-4 year | 40% | Rs. 40,740 |
Hero motorcycles have a reputation of being utterly cheap to maintain and that is the prime reason for it being the choice of millions of Indians. The impressive bit is that the costs of the services remain more or less, stagnant over the years. We have tabulated the average spending on servicing and other miscellaneous expenses every year, for 5 years.
Years | RTO | Insurance(Comprehensive) | Maintenance | Fuel* | Miscellaneous Cost |
Year 1 | Rs. 6,692 | NIL | Rs. 568 | Rs. 4,666.65 | Rs. 80 |
Year 2 | NIL | NIL | Rs. 846 | Rs. 9,333.29 | Rs .120 |
Year 3 | NIL | NIL | Rs.878 | Rs. 9,333.29 | Rs .200 |
Year 4 | NIL | 801 | Rs. 901 | Rs. 9,333.29 | Rs. 200 |
Year 5 | NIL | 777 | Rs. 973 | Rs. 9,333.29 | Rs. 200 |
Total | NIL | 740 | Rs. 1012 | Rs. 9,333.29 | Rs. 200 |
*considering the bike travels 5000 km the first year and 10,000 km per year for the rest of its life and the fuel price remains constant at Rs. 70 per litre
Hero MotorCorp has bundled the new Splendor iSmart BS6 with a lot of unique features which makes it stand apart from its competitors like Bajaj Platina 110 H-Gear and TVS Star City Plus. The most notable is its IBS braking system and the i3S system which helps conserve fuel. Hero also offers the best-in-class warranty package of 5 years which just shows the confidence it has in its product. The highlighted features in Hero Splendor iSmart and its competitors are listed below.
Motorcycle | Hero Splendor iSmart | Bajaj Platina 110 H-Gear | TVS Star City Plus |
Highlighted Features | Grab rail | 5-Speed Gearbox | Grab rail |
Sensor-Based Fuel Injection | Semi-digital instrument cluster with gear shift indicator | Dual-tone seat | |
Front Disc Brakes | Nitrox equipped rear shocks | Synchronized Braking Technology | |
5-year warranty | 5-split spoke alloy wheels | 5-year warranty | |
Twin Rear Shox | LED DRL | Mobile Charger |