Honda SH Price Surge in April 2018: A Look Back

“April is the month for weddings,” they say. While others were busy with marriage festivities, my friend was consumed by the soaring prices of the Honda SH scooter. He’d promised his fiancée a brand new SH as a wedding gift. His predicament reminded me of the SH price frenzy in April 2018, an event that those who experienced it are unlikely to forget.

Honda Motorcycle Tire Price List

The Honda SH Price Surge of April 2018: A Common Struggle

In April 2018, the Vietnamese motorcycle market witnessed an unusual phenomenon: Honda SH prices skyrocketed across the board. Owning an SH at that time was likened to “holding gold” due to the inflated prices, significantly higher than the manufacturer’s suggested retail price.

What Caused the Honda SH Price to “Dance” in April 2018?

In his book “The Vietnamese Motorcycle Market – Notable Issues,” expert Nguyen Van A analyzed several factors contributing to the sharp increase in SH prices in April 2018:

• Demand Exceeded Supply: The demand for SH scooters surged due to herd mentality and genuine need, while the supply from Honda Vietnam was limited.
• Speculation: Some dealers exploited the scarcity by hoarding inventory and inflating prices to maximize profits.
• Preference for High-End Scooters: The SH has long been regarded as a premium, luxurious scooter, appealing to a wide range of customers.

Honda SH price surge in April 2018

Honda SH Prices in April 2018: A Lesson for Consumers

The sharp increase in SH prices in April 2018 clearly demonstrates the unpredictable nature of the Vietnamese motorcycle market. This event serves as a lesson for consumers:

• Thorough Research: Before purchasing a scooter, especially a high-value model like the SH, compare prices from various sources to avoid overpaying.
• Strategic Timing: Avoid purchasing during peak demand periods like holidays and Tet.
• Authorized Dealerships: Choose authorized Honda dealerships to ensure your rights and benefits as a consumer.

Buying and Selling Honda SH Scooters: Essential Tips

As the saying goes, “Durability lies with the user.” Besides choosing the right time to buy, consider these factors when buying or selling an SH:

• Verify Documentation: Ensure the scooter has clear and legal ownership documents.
• Inspect Thoroughly: Take the scooter to a reputable maintenance center for a comprehensive inspection before purchasing.
• Negotiate the Price: Don’t hesitate to negotiate the price with the seller to get the best deal.

Inspecting a Honda SH before purchase

125cc Mini Dirt Bike Price

Conclusion

The Honda SH price surge in April 2018 remains a significant event in the Vietnamese motorcycle market. Hopefully, this article provides valuable insights into the SH market and essential tips for buying and selling this popular scooter. Visit XE TẢI HÀ NỘI for the latest updates on the automotive market!

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