24/7 Wall St. Insights
- After WWII, motorcycle sales skyrocketed.
- Motorcycles can be a less expensive means of transportation, with several affordable models on the market.
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The first motorcycle was a self-propelled bicycle created by Great Britain’s Edward Butler, way back in 1884. Jumping ahead several decades to the 1940s, WWII soldiers used motorbikes overseas. After the war ended, sales soared, as servicemen returned to the states and bought their very own motorcycles. By 1970, four million motorcycles were registered in America. By this time, motor bikes had become synonymous with a “cool guy” image. The stereotype of a motorcycle rider was a tough dude with a leather-clad physique and plenty of muscle to boot.
According to the United States Census Bureau, just over 8% of Americans owned a motorcycle in 2018, up over one percent from 2014. Motorcycle die-hard fans prefer motorcycles due to ease of parking, less money spent on gas, and enhanced sense of adventure. Additionally, they easily swerve between large cars on the road.
Some drivers look to motorcycles as a less expensive means of transportation. Though plenty of motorcycles cost as much, or even more, than a four-door vehicle, several models are affordable. At 24/7 Wall St., we have pored through online conversations, manufacturers listings, dealer listings, and various lists of the cheapest motorcycles you can buy right now. Below is a list of the 10 cheapest motorcycles we could find, from most to least expensive. Please note that some models have been discontinued in certain markets, and prices fluctuate.
Why This Matters
Economizing on transportation is an efficient way to reduce costs, and riding a motorcycle instead of taking a car on short trips can be an enjoyable way to cut down on fuel consumption and some greenhouse emissions. When it comes to practical ways of getting from point A to point B, an inexpensive motorcycle may be the simplest method, and with national gas prices closer to $4 than $3, driving a motorcycle can save quite a bit of cash.
Here are the 10 cheapest motorcycles you can buy right now:
10. Hero Splendor Plus
- Manufacturer: Hero MotoCorp
- Countries: India, Bangladesh
- 2024 MSRP: $2,300
- Engine size/type: 97.2cc, single-cylinder, air-cooled, 4-stroke
Continuing a Honda Tradition
The Hero Splendor was manufactured by Honda until 2011. Since then, it has been manufactured by India’s Hero Motor Corporation. At $2,300, it is a very economical ride, and its small profile allows it to navigate congested roadways easily. It also has an idle stop-start system, which helps conserve fuel and reduce emissions. New models come with a 5-year warranty.
9. HHH GTX 250 EFI Fuel Injection Motorcycle
- Manufacturer: Vitacci
- Countries: China, Pakistan, Uganda, Palestine, and the United States
- 2024 MSRP: $2,220
- Engine size/type: 250cc, 6-speed, single-cylinder, air-cooled, 4-stroke
Six Speeds to Conserve Fuel
The HHH GTX 250 EFI Fuel Injection Motorcycle is manufactured in China and distributed by Vitacci. This street-legal bike conserves fuel using an electronic fuel injection (EFI) system and a six-speed transmission. It also has an electric starter, and its top speed is 75 mph. At $2,220, it is an affordable way to navigate narrow, crowded roads. While popular in Pakistan, Palestine, and Uganda, it is also available in the United States.
8. Honda Navi
- Manufacturer: Honda (NYSE: HMC)
- Countries: India, Mexico, and Australia
- 2024 MSRP: $1,807
- Engine size/type: 109cc, air-cooled, single-cylinder, two valves/cylinder, SOHC
A Fun Pocket Bike
The Honda Navi pocket bike is a fun ride, though it is no longer being manufactured for sale in the U.S. This diminutive ride is street legal, though not highway legal in some locales. Its small, 109cc engine runs extremely quiet and is highly fuel-efficient, getting over 100mpg, making it an excellent commuter bike. It’s still popular in Australia, India, and Mexico, at an MSRP of about $1,800.
7. Revolt RV400
- Manufacturer: Revolt
- Countries: India
- 2024 MSRP: $1,774
- Engine size/type: Mid-drive, with a 3.24 Kwh Li-ion battery
AI-Assisted Electric Novelty
The RV400 ($1,774), by Revolt, is a fully electric motorcycle capable of speeds of up to 52 mph. While not perhaps up to highway standards, its speed limitations and small size make it excellent for city driving. It has a range of 50 to 100 miles on a full charge (4.5 hours). This unique bike can be controlled with a mobile phone app and voice command.
6. Tao TBR7
- Manufacturer: Tao Motor
- Countries: China and the U.S.
- 2024 MSRP: $1,449
- Engine size/type: 250cc, four-stroke, single-cylinder, air-cooled
A Dual Sport Motorcycle
This dual-sport motorcycle is street-legal and off-road capable (with oversized tires and a dual-shock front suspension). It costs $1,449 and is legal in all U.S. states except California and possibly New Jersey. The bike has an electric starter and a kickstart backup. Models are available in China and the U.S.
5. Zongshen RX1
- Manufacturer: Zongshen
- Countries: China and Pakistan
- 2024 MSRP: $1,385
- Engine size/type: 200cc, single-cylinder, air-cooled, 4-stroke, 6-speed transmission
A Chinese Touring Bike
The Zongshen RX1 touring bike is manufactured in China and is popular in China and Pakistan. This $1,385 motorcycle gets about 58 miles per gallon and can reach speeds up to 75 mph. It has a raised windscreen, halogen headlights, and an electric starter. The attached plastic boxes have a decent capacity for a bike in this price range.
4. Bajaj Pulsar NS 125
- Manufacturer: Bajaj Auto
- Countries: Countries in Asia and Latin America, including Colombia, Thailand, Nepal, Myanmar, and Bangladesh
- 2024 MSRP: $1,258
- Engine size/type: 124.45cc, air-cooled, single-cylinder, 5-speed transmission
An Indian Standard
The Bajaj Pulsar NS 125 is a popular street bike sold in 48 countries worldwide. It gets about 150 miles per gallon and can reach speeds of about 65 mph. The NS 125 is suitable for longer rides and commuting. It has a good suspension and handles with some agility. Repairs are relatively easy for the $1,258 bike, as there are many Pulsars on the road in India, and mechanics are familiar with the design.
3. Suzuki Smash
- Manufacturer: Suzuki
- Countries: Philippines
- 2024 MSRP: $1,077
- Engine size/type: 113cc, four-stroke, SOHC, single-cylinder, air-cooled
A “Thrilla in Manila”
The Suzuki Smash is somewhere between a scooter and a motorcycle, with the dip in front of the seat not quite reaching the platform level of the former. At around $1,077, it is reasonably priced for such a reliable two-seater. Small bikes like this are numerous on the streets of Manilla and elsewhere in the Philippines. This fuel-efficient motorcycle can travel over 100 miles on a gallon of gas and reach a surprising 80 mph.
2. Bajaj Platina 100
- Manufacturer: Bajaj Auto
- Countries: India
- 2024 MSRP: $815
- Engine size/type: 102cc, air-cooled, single-cylinder, manual 4-speed
170 Miles Per Gallon
Bajaj’s second entry on this list, the Platina 100, is a comfortable, fuel-efficient bike that costs just over $800. This peppy two-wheeler gets nearly 170 miles per gallon and can reach about 55 mph. It has an electric starter, halogen lights, and an analog instrument panel.
1. Honda Shine 100
- Manufacturer: Honda Motorcycle & Scooter India, Pvt. Ltd.
- Countries: India
- 2024 MSRP: $780
- Engine size/type: 98.98cc, air-cooled, 4-stroke
The Cheapest We Could Find
The Honda Shine is the cheapest new production motorcycle we could find. Manufactured by Honda Motorcycle & Scooter India, it gets over 100 mpg, aided by a programmed fuel injection (PGM-FI) engine, and can reach speeds of about 50 mph. The frame is lighter than on other bikes, reducing fuel consumption. The Shine has an automatic electric ignition and a traditional kickstart feature.
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