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Posted

I love Honda v4 engines. So I've decided to buy a Honda hornet 250 bike. This week I went bike hunting and found a good used bike and when I talked to a finance company they told me that it's impossible to give me a finance for this bike or something even reconditioned like this. Also I noticed that these bikes are made around 1996-2002 and they are registered here in Sri Lanka in 2010-2012.

1) What are the limitations of the YOM of a bike when importing to Sri lanka?

2) Although these bikes are under 250 cc are these bikes brought down here in parts and assembled locally?

3) If I buy a used bike is it even possible to get it transferred to my name and is this registration process legal?

PS: I don't like to break any laws I'm just trying to make my dream come true or else I'll have to go for an Indian bike :(

experts please help me

Posted

I love Honda v4 engines. So I've decided to buy a Honda hornet 250 bike. This week I went bike hunting and found a good used bike and when I talked to a finance company they told me that it's impossible to give me a finance for this bike or something even reconditioned like this. Also I noticed that these bikes are made around 1996-2002 and they are registered here in Sri Lanka in 2010-2012.

1) What are the limitations of the YOM of a bike when importing to Sri lanka?

2) Although these bikes are under 250 cc are these bikes brought down here in parts and assembled locally?

3) If I buy a used bike is it even possible to get it transferred to my name and is this registration process legal?

PS: I don't like to break any laws I'm just trying to make my dream come true or else I'll have to go for an Indian bike :(

experts please help me

'Dhanu DaGreat',

To my knowlege 250CC was allowed to use in srilanka and it is registered.

Finance company will not give you a lease they think about their involment of cash, on that will not be able to recover if police findes this is registered but modified to a high capacity.

First of all get the bike examined by the RMV at Werahara, motor Examiner it is not modyfied and leagel according to department regulations can be used in Srilanka.

Sylvi Wijesinghe.

Posted

NadriquE and Sylvi thank you very much for your quick reply I just have a doubt if these bikes are registered by bribing (although its a 250 the YOM is way too old to register here or maybe I'm wrong) and if I send the registration book to RMV in order to get it transfer under my name will the bike get seized and will i loose my money and also will I have to go to the courts? I really don't like to use a vehicle under open papers.

Posted

I love Honda v4 engines. So I've decided to buy a Honda hornet 250 bike. This week I went bike hunting and found a good used bike and when I talked to a finance company they told me that it's impossible to give me a finance for this bike or something even reconditioned like this. Also I noticed that these bikes are made around 1996-2002 and they are registered here in Sri Lanka in 2010-2012.

1) What are the limitations of the YOM of a bike when importing to Sri lanka?

2) Although these bikes are under 250 cc are these bikes brought down here in parts and assembled locally?

3) If I buy a used bike is it even possible to get it transferred to my name and is this registration process legal?

PS: I don't like to break any laws I'm just trying to make my dream come true or else I'll have to go for an Indian bike :(

experts please help me

if u want a V4 engine u better get your hands on a VFR or a RVF the hornet comes with a Inline4 engine.

  • Like 2
Posted

NadriquE and Sylvi thank you very much for your quick reply I just have a doubt if these bikes are registered by bribing (although its a 250 the YOM is way too old to register here or maybe I'm wrong) and if I send the registration book to RMV in order to get it transfer under my name will the bike get seized and will i loose my money and also will I have to go to the courts? I really don't like to use a vehicle under open papers.

YOM of bikes doesn't have a bearing on registration afaik...and not like these bikes are ancient!

most probably your leasing chaps doesn't like to give a lease to a used bike. If you were to finance it via a personal loan from a bank might be a lot more easier in this instance.

250cc are legit in SL... you have nothing worry about there.

Just make sure engine, chasis number match to what's there on the registration docs.

  • Like 1
Posted

I love Honda v4 engines. So I've decided to buy a Honda hornet 250 bike. This week I went bike hunting and found a good used bike and when I talked to a finance company they told me that it's impossible to give me a finance for this bike or something even reconditioned like this. Also I noticed that these bikes are made around 1996-2002 and they are registered here in Sri Lanka in 2010-2012.

1) What are the limitations of the YOM of a bike when importing to Sri lanka?

2) Although these bikes are under 250 cc are these bikes brought down here in parts and assembled locally?

3) If I buy a used bike is it even possible to get it transferred to my name and is this registration process legal?

PS: I don't like to break any laws I'm just trying to make my dream come true or else I'll have to go for an Indian bike :(

experts please help me

DDG,

The Hornet series comes with straight four engines not V-fours as others have mentiond as well.

250cc is legal in SL. The gap between the YOM and registration in SL sounds strange. When I checked many many years ago, to import a used car or bike to SL it had be not more than three years old, but I'm not aware wheather this time period has been extended in recent years to allow older vehicles in.

Some vehicles get imported within the allowable time period but then sit unsold at dealers for a long time, however once they are sold there shall not be an issue with registration as they have "legally" arrived at the country in the first place.

Improting parts of a vehicle and assembling in SL should be totally illegal I would think due to many apparent reasons.

Having said all this, if the bike is already registerd at RMV, got plates, revenue licence and insurance as well, finance companies should not have a problem in principle. Probably they are considering it is a risky business to finance a high powered motorcycle and giving you a load of BS.

Posted

2) Although these bikes are under 250 cc are these bikes brought down here in parts and assembled locally?

as i heard ( may be am wrong ) these bikes are not came original from japan. evry single part are locally assembeld. if you visit on kurunegala area you will find one very easily for 300k 320k these days.

most of them are going on open papers but dont know why cops/rmv are not acting on this.

Posted (edited)

NadriquE and Sylvi thank you very much for your quick reply I just have a doubt if these bikes are registered by bribing (although its a 250 the YOM is way too old to register here or maybe I'm wrong) and if I send the registration book to RMV in order to get it transfer under my name will the bike get seized and will i loose my money and also will I have to go to the courts? I really don't like to use a vehicle under open papers.

you have to take the bike to RMV only for the first registration. for a transfer, filled transfer modules, transfer letter and the book. there are bikes registered under 250cc nd they are not, make sure that the bike you buy is 250cc , chassy/engine numbers are according to the book.

YOMs are correct! honda manufactured 250cc hornets from 1996-2006

like ripper said, leasing company u applied dsnt want to give it u maybe bcoz its a used bike and its a hornet, if it was a indian bike they will see it different.....

Edited by NadriquE
Posted (edited)

2) Although these bikes are under 250 cc are these bikes brought down here in parts and assembled locally?

as i heard ( may be am wrong ) these bikes are not came original from japan. evry single part are locally assembeld. if you visit on kurunegala area you will find one very easily for 300k 320k these days.

most of them are going on open papers but dont know why cops/rmv are not acting on this.

True !! these bikes are imported as spare parts in containers to get the tax or duty benefits. When they load this bikes into containers, their chassis no. and engine no. are erased. Once they are through the customs, all the parts are assembled back into a complete bike and engine and chassis no are re-printed. You cannot legally register these bikes because they don't have proper documents from customs. What importers do is they pay someone inside the DMT and make false documents and register the bike. Apparently the current rate is something close to 30 grands to get this done. Once you get the registration and revenue licence, you have no problem in using or transferring the bike. I had a Honda Hornet 250cc 110 Chassis and a Suzuki Volty which were imported the same way, never had any problems using or transferring. I know people who got their 600cc registered as 250cc, still no issues until the cops catch you. If they do, your bike will be seized. With 250cc you will have no issues.

The Issue with leasing companies is that they know almost 90% or more of the Japanese used bikes are imported this way. They just don't wanna take a risk with their money because if the cops seized your bike for some reason, leasing company will loose everything. It's not like you will keep on paying for a bike which you don't have, and leasing company will loose their guarrentee in case you don't pay which is your bike...

P.S : I know people who use this method to register their bikes twice to keep the market value with a new number. They just erase the old ch.no and eng.no and re-print a new one, register the bike again and get a new plate, sell it as a just registered bike. If you are buying a Japanese used bike like a Hornet, make sure you know how or take someone with you to test these bikes well for faults and go for condition of the bike rather than the number.

Hope this helps....

Edited by Fixzit
Posted

Wow u seem to know so much . Who would have thought so .

HORNET 250 ch 100 - in japan cost close to 150k to 200k yen .Thats close to 300K with freight and taxes it would cost over 450 k .

So is there anyone selling hornet CH-100 for 450 k.Probably not .Think before you post on a public forum.

  • Like 1
Posted (edited)

True !! these bikes are imported as spare parts in containers to get the tax or duty benefits. When they load this bikes into containers, their chassis no. and engine no. are erased. Once they are through the customs, all the parts are assembled back into a complete bike and engine and chassis no are re-printed. You cannot legally register these bikes because they don't have proper documents from customs. What importers do is they pay someone inside the DMT and make false documents and register the bike. Apparently the current rate is something close to 30 grands to get this done. Once you get the registration and revenue licence, you have no problem in using or transferring the bike. I had a Honda Hornet 250cc 110 Chassis and a Suzuki Volty which were imported the same way, never had any problems using or transferring. I know people who got their 600cc registered as 250cc, still no issues until the cops catch you. If they do, your bike will be seized. With 250cc you will have no issues.

The Issue with leasing companies is that they know almost 90% or more of the Japanese used bikes are imported this way. They just don't wanna take a risk with their money because if the cops seized your bike for some reason, leasing company will loose everything. It's not like you will keep on paying for a bike which you don't have, and leasing company will loose their guarrentee in case you don't pay which is your bike...

P.S : I know people who use this method to register their bikes twice to keep the market value with a new number. They just erase the old ch.no and eng.no and re-print a new one, register the bike again and get a new plate, sell it as a just registered bike. If you are buying a Japanese used bike like a Hornet, make sure you know how or take someone with you to test these bikes well for faults and go for condition of the bike rather than the number.

Hope this helps....

A whistle blower
:angry-smiley-048:
Bravo
:appl:
Its pandith's like you who spoil the fun for everyone.
Edited by Chooti Putha
Posted

True !! these bikes are imported as spare parts in containers to get the tax or duty benefits. When they load this bikes into containers, their chassis no. and engine no. are erased. Once they are through the customs, all the parts are assembled back into a complete bike and engine and chassis no are re-printed. You cannot legally register these bikes because they don't have proper documents from customs. What importers do is they pay someone inside the DMT and make false documents and register the bike. Apparently the current rate is something close to 30 grands to get this done. Once you get the registration and revenue licence, you have no problem in using or transferring the bike. I had a Honda Hornet 250cc 110 Chassis and a Suzuki Volty which were imported the same way, never had any problems using or transferring. I know people who got their 600cc registered as 250cc, still no issues until the cops catch you. If they do, your bike will be seized. With 250cc you will have no issues.

The Issue with leasing companies is that they know almost 90% or more of the Japanese used bikes are imported this way. They just don't wanna take a risk with their money because if the cops seized your bike for some reason, leasing company will loose everything. It's not like you will keep on paying for a bike which you don't have, and leasing company will loose their guarrentee in case you don't pay which is your bike...

P.S : I know people who use this method to register their bikes twice to keep the market value with a new number. They just erase the old ch.no and eng.no and re-print a new one, register the bike again and get a new plate, sell it as a just registered bike. If you are buying a Japanese used bike like a Hornet, make sure you know how or take someone with you to test these bikes well for faults and go for condition of the bike rather than the number.

Hope this helps....

Man, a awesome ton of info here. Thank you for it very helpful for me also. :)

  • 7 months later...
Posted

Just sharing what i know from my experience and from what i heard so that someone else will have an idea of what's going on to make a good decision..Feel free to correct any point of mine if I'm wrong..after all I'm on this forum to learn as many of others here..

Posted

Birds of a feather flock together :)

hehehe! +1

hah, sure when we need the info. seems like ur r in the flock also

<<facepalm>> You do realize all that stuff is illegal right? How sensible the law is not the question, but it's still a law.

Posted

Just sharing what i know from my experience and from what i heard so that someone else will have an idea of what's going on to make a good decision..Feel free to correct any point of mine if I'm wrong..after all I'm on this forum to learn as many of others here..

So what 250+CC have you owned/riden or own/ride now? Would love to see some photos of these HC bikes :)

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