Possible explanation. But then what about the 2-a-year multi-thousand dollar vacations, BMWs, and $2500/mo 350sq' downtown studio apartments? Money is always a factor, but I think risk aversion and the entry costs are still the biggest obstacles -- in the great scene of things a small city bike's cost could be less if it offsets some of the operating costs of a car AND the rider can get some fun/joy out of the riding experience.Seeing a pattern here
maybe the youngsters are smarter than we give them credit for and dont see the point of buying a bike and paying for insurance for only being able to ride for half a year?
Perhaps better marketing by MC companies? Drop that entry cost on 1 bike in their lineup to $2500. I doubt it would cannibalize sales of bigger bikes, would add a bit to the service business, and more importantly put more riders on the path to bigger bikes they can sell down the road.
I know Honda tries this a few years ago -- I'm guessing it was somewhat successful based on the number of CBR125s that are still sought after. They all have the bikes, India's MC emission standards are tougher than Canada's (1.0 HC+NOX vs 1.4 in Canada) and they sell a lot of small bikes there. I suspect Yamaha and Honda bikes sold there would need little or nothing to be compliant for sale in Canada.
If the bike makers are listening... I'll buy one of you make it available for a $1000 premium over the price you sell them in India.