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Power Bike Price in Nigeria 2024

Onyinyechi Ikemefuna

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The thrill for the power bike price in Nigeria increased in 2024. Power bikes are famous for their speed and agility and have gained a lot of fame among enthusiastic people and even casual riders.

These machines offer an exciting ride; thus, many Nigerians include them in their ‘to-buy’ list.

Also, the electric bicycle price in Nigeria is worth noting; they are also gaining momentum. Electric bikes are an environmentally friendly alternative to traditional power bikes and hence appeal more to those who also consider the environment. 

It is important to realize that electric bike prices in Nigeria vary widely and are often determined by the brand and the bike’s specifications.

Understanding the different power bike prices within the market can help you make a purchase decision.

For this reason, the power bike prices in Nigeria will be discussed in this article.

We will dive into the determinants of the power bike prices and electric bicycle prices in Nigeria, which will successfully guide you through this thrilling market. Let’s get into it!

What are the Benefits of Owning a Power Bike in Nigeria?

Power bikes in Nigeria are gaining huge momentum because they have several benefits. A few of them are listed as follows:

  1. Affordability: The price of power bikes is much below that of cars. Normally, a power bike’s price is much lower than an electric bicycle or electric bike in Nigeria; hence, they are excellent options for economical buyers.
  1. Fuel Efficiency: Power bikes are fuel-efficient and use less fuel than normal motorcycles. Economizing on fuel can save a lot of money in the long run.
  1. Environmentally Friendly: Power bikes emit fewer fumes than conventional vehicles, making them more ‘eco-friendly’.
  1. Easy Maneuverability: Power bikes are smaller and more agile than cars, making them easy to maneuver around traffic and narrow spaces.
  1. Accessibility: Power bikes can be used on various categories of roads and terrains, making them available to urban and rural people.

Possessing a power bike in Nigeria has numerous benefits. If you want to purchase one, compare the prices to obtain the most suitable deal according to your budget and needs.

Read Also – Ampersand Secures $19.5m in Funding to Expand Electric Motorcycle Fleet

What is the Power Bike Price in Nigeria?

Below is a more detailed breakdown of the prices of power bikes and electric bicycles in Nigeria, showing 10 models each. Prices used are from some of the most viewed Nigerian online platforms:

Power Bike Prices in Nigeria

Power Bike Model    Price (₦)          Source    
Suzuki Hayabusa GSX1300R ₦6,500,000 – ₦7,000,000 Jiji.ng     
Honda CBR600RR   ₦3,000,000 – ₦4,000,000 Jumia.com.ng
Yamaha YZF-R1 ₦5,000,000 – ₦6,000,000  Jiji.ng   
Kawasaki Ninja ZX-10R ₦4,800,000 – ₦5,500,000             Cars45.com   
Ducati Panigale V4₦9,000,000 – ₦10,500,000  Jiji.ng     
BMW S1000RR ₦6,000,000 – ₦7,200,000                        Jiji.ng    
Triumph Speed Triple 1050  ₦4,500,000 – ₦5,000,000          Jumia.com.ng    
Harley-Davidson Sportster₦7,500,000 – ₦8,500,000 Cars45.com    
Suzuki GSX-R1000 ₦6,000,000 – ₦6,800,000 Jiji.ng 
Yamaha MT-07                      ₦4,000,000 – ₦5,000,000  Jumia.com.ng   

Electric Bicycle Price in Nigeria

Electric Bicycle ModelPrice (₦)  Source
Xiaomi Himo C26 Electric Bicycle ₦400,000 – ₦450,000    Jumia.com.ng    
Ancheer Electric Mountain Bike ₦350,000 – ₦400,000   Konga.com 
Hero Lectro Electric Bike ₦300,000 – ₦350,000        Jumia.com.ng      
Nakto City Electric Bike₦250,000 – ₦300,000 Jiji.ng  
Lankeleisi G550 Electric Bike₦500,000 – ₦600,000Konga.com   
FIIDO D2S Folding Electric Bike ₦300,000 – ₦350,000Jumia.com.ng  
Samebike LO26 Electric Mountain ₦350,000 – ₦400,000 Jiji.ng   
RKS RX02 Electric Bicycle   ₦420,000 – ₦480,000   Konga.com   
Bezior X500 Electric Mountain Bike₦450,000 – ₦500,000 Jumia.com.ng   
Kemanner Electric Mountain Bike ₦320,000 – ₦370,000Jiji.ng   

These prices are based on platform listings like Jiji, Jumia, Konga, and Cars45. Always confirm with the seller for the most recent pricing.

Also Read – Spiro Launches Electric Bikes in Ogun State

Foreign Used (Tokunbo) Power Bikes Prices in Nigeria

You would find foreign used tokunbo Power bikes for sale in the following price ranges.

BMW R-SeriesN800,000 – N1,500,000
BMW S-SeriesN3,500,000 – N4,500,000
Buell XB Series 2009N1,700,000 – N2,500,000
Ducati Monster 700cc Power Bike 2013N2,000,000 – N2,500,000
Harley Davidson 2014 Power BikeN5,200,000 – N6,000,000
Honda CBR 600cc Power BikeN750,000 – N1,100,000
Kawasaki 400cc Power Bike 2014 (Black)N1,500,000 – N1,850,000
Kawasaki 600cc Power BikeN800,000 – N1,400,000
Kawasaki GPZ Power BikeN900,000 – N920,000
Qasa Qlink Power BikeN420,000 – N600,000
Yamaha YZF 2011N2,500,000 – N3,500,000
Yamaha R1 Power BikeN680,000 -N900,000
Yamaha R6 600cc Power Bike 2005N750,000 – N1,200,000
Yamaha MT-03 2010 660cc Power Bike (White)N600,000 – N900,000

What Factors Influence the Price of Power Bikes in Nigeria?

Some factors are considered in carrying out an analysis of the Power Bike Price in Nigeria. Below are some factors to consider in determining the price of electric bicycles in Nigeria.

  1. Brand and Model: Brand and model are major determining factors in ascertaining the price of the power bike. Well-known brands with advanced features and technology tend to be more expensive.
  1. Battery Capacity: The range and performance of the power bike depend on the battery’s size and capacity. Generally, large batteries with high capacities are expensive.
  1. Motor Power: This defines the bike’s speed and grade-ability. More powerful motors lead to a higher price.
  1. Market Demand: Market demand is a determinant in pricing power bikes in the Nigerian market; where demand is high, the tendency to increase prices will be high.
  1. Government Policies: Government policies, such as subsidies or incentives for electric vehicles, will also determine the affordability of power bikes.

In summary, brand reputation, specifications, and market demand dynamics offer a wide price range for electric bikes in Nigeria.

Read Also – Big Plan to Swap Africa’s Motorcycles with Electric Models

Brand New Vs Foreign Used (Tokunbo) Power Bikes

Due to the scarcity of brand-new power bikes in Nigeria, foreign-used ones are the main option for most bike lovers. They are relatively cheaper than brand-new versions, which makes them a better financial option.

But brand new power bikes are tougher and more long-lasting than their fairly used versions.

The only difference, as far as foreign-used versions are concerned, is the location where they have been used. The former has been used outside of Nigeria, while the latter has not.

They are also referred to as durable power bikes; hence, a foreign-used version could be a good option and somewhat cheaper than brand-new ones.

Are There Any Maintenance Costs Associated with Power Bikes?

While buying electrical bicycles in Nigeria requires considering the Power Bike Price and other maintenance costs. Although power bikes are relatively cheap when it comes to maintenance, there is a small cost one has to bear.

1. Replacing Batteries

The batteries have to be replaced after a certain period of time, usually in 2-3 years. In the meantime, the price of replacement batteries is not yet known. Besides, to reduce the occurrence of the change of the batteries, one may buy quality ones.

2. Maintenance of Tires

Routine tyre checks and replacements follow this. Tire pressure checking needs to be done every month, and changes are possible within 6-12 months. On top of this, proper servicing of tires will keep the car operating safely and with good performance.

3. Brake Maintenance

Brakes must be checked and serviced routinely, preferably every 3 to 6 months. In addition, the brake pads might need to be replaced every 12 to 24 months.

4. General Cleaning and Servicing

Meanwhile, proper care and cleaning can also go a long way in prolonging your power bike’s lifespan. Clean the frame, wheels, and electrical components regularly, and lubricate moving parts. Check for loose connections.

Read Also – Bolt and M-KOPA Launch 5,000 Electric Motorcycles in Kenya to Help Drivers Maximize Earnings

Tips for Finding the Best Power Bike Deals in Nigeria

It is no less than tiring to find the best power bikes deals in Nigeria; however, you shall get good deals with appropriate tips. Here are some of the main things you want to do:

1. Shop Around at Various Dealers

Don’t buy from the first dealer you visit. Do window shopping around various power bike dealerships to compare prices on the motorcycle model that catches your fancy? You may come across huge price differences among dealerships for the same motorcycle.

2. Consider Buying Second-Hand or Refurbished

If buying a new one is a little out of your budget, you should try to find a used or refurbished power bicycle. You can often get models from a couple of years ago with only low mileage for 30-50% less than new ones.

3. Negotiate the Best Price

Haggle with the dealer to get the best possible price for this new set of wheels. Do a little research on the selling price for that model, so you can know if you are looking at a good deal.

4. Ponder Your Financing Options

If possible, pay cash upfront; otherwise, it is time to consider financing options. Most dealerships can offer special financing for power bikes for 12 to 60 months.

Look for low-interest or zero-interest deals to minimize the total amount paid.

Where to Buy Power Bikes in Nigeria

Power bikes have begun to gain popularity in Nigeria, and most are available in various outlets, both online and in physical stores.

The following are some of the places where you can comfortably make a purchase:

1. Dealers

The country has several power bike dealers, most of which are in top cities like Lagos, Owerri, Port Harcourt, etc.

You will need to relocate to these locations to purchase a power bike. You can also buy from the official office of the manufacturer of the brand you want to go for.

2. Online

Other places where you may consider getting power bikes include the Jiji and Olx websites. These sites advertise many power bike brands sold by individuals and possibly dealers.

However, be very careful when buying from an online site to avoid buying a stolen or faulty motorcycle.

3. Social Media Sites

Various dealers and individuals have listed sales of power bikes on several Instagram and Facebook pages.

Join groups involved in power biking in Nigeria for an opportunity to get offers from enthusiasts and dealers alike.

Final Thoughts 

Finding the right power bike price in Nigeria depends on your budget and needs. Whether you need a powerful traditional bike or want to see the future of transportation on two wheels with an electric bike, there is something for everyone. 

You should compare electric bicycle prices in Nigeria for the best deal. Because of increased demand, it is also worth checking out the latest power bike prices.

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Frequently Asked Questions 

Can you get second-hand power bikes in Nigeria?

Yes, one can get tokunbo power bikes at various prices. They are 30-50 percent cheaper than the latest models. Prices vary depending on the state and brand of the power bike one chooses.

How does the brand affect the price of power bikes?

Strong brands like Yamaha, Honda, and Ducati generally have a high standard of pricing due to their performance compared to less recognized brands.

What to Consider When Purchasing a Power Bike

Consider brand reputation, model specifications, new versus used, and possible financing plans for the best deal.

Can I negotiate the price when buying a power bike?

Yes, you can haggle. Researching typical prices for your preferred model can be helpful.

Reference 

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Onyinyechi Ikemefuna
Onyinyechi Ikemefuna

Ikemefuna Onyinyechi Patience, a skilled Content Writer hailing from Anambra State Nigeria, holds a Higher National Degree in microbiology from Federal Polytechnic Oko, Anambra. Armed with robust research and SEO expertise, she excels in crafting articles spanning technology, finance, healthcare, education, and lifestyle. Her work stands out for its ability to authentically inspire and engage while inciting action. Beyond her writing prowess, Ikemefuna finds joy in reading, exploring movies, and delving into continuous research, contributing to her growth as a proficient writer.

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