What is the resale value of Hero Xtreme 200S Bike?

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Q : What is the resale value of Hero Xtreme 200S Bike?
A : The resale price for Hero Xtreme 200S
ModelYearEstimated KMsPrice
Hero Xtreme 200S20247500₹ 93,575
Hero Xtreme 200S202315000₹ 88,650
Hero Xtreme 200S202230000₹ 83,725
Hero Xtreme 200S202145000₹ 73,875
Hero Xtreme 200S202060000₹ 64,025

Resale value means the trade value of a good that has already been purchased. If the holder of the good wishes to resell the good to another party, this would be the amount of money that could be expected to be made from the transaction. When you discover you're disappointed with the bike you just bought, this is the amount of money you can expect to recover when reselling it. If you borrowed money to buy this bike, bikes with low resale values can put you "Upside down", meaning you will owe more for the bike than what you can expect to get for it. Bikes with a high resale value will allow you to pay down your remaining loan. Generally speaking, one doesn't normally need to worry about resale value unless they bought a bike because they believed it would suddenly make them "cool."

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