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Car vs Bike: Which One Is More Useful in India?

October 22, 2022 • 3002 views

Car vs Bike is a never-ending debate, especially in India. Transportation is a major part of our lives and most of our time is consumed while travelling, especially commuting between home and work. Depending upon the factors such as income, convenience, availability, personal usage, and preference – a person chooses his/her mode of travel. Buying a car or bike is a choice that many middle-income individuals struggle to make. And, if you are confused about which one to choose, we are here to help. 
In this blog, we will discuss which is more useful in India – a car or a bike. 


When you compare bike loans vs car loans, there is a huge difference between them. You get a bike loan more easily as compared to a car loan. There is a huge difference in the prices of cars and bikes. For example, the price of a bike could be less than Rs. 1 Lakh whereas a car may easily cost you upwards of Rs. 5 Lakh. The same is reflected in the loan amount. You must take a higher loan amount for buying a car as compared to a bike. And, majority of borrowers, hesitate to take a huge loan if the amount is out of their budget. 


No doubt, the car provides you with better comfort than the bike as it has all the facilities that you need while travelling over long distances. Many people move from a bike to a car because of the comfort that a car offers specially if one travels long distances. With a car, you get good comfortable seats and a lot of safety features. Car is an all-weather travel option through which you can travel in any weather condition, be it heavy rains or during hot summer days. 

Maintenance Cost 

The maintenance cost of a bike is comparatively cheaper. Another aspect that adds to the cost of the car is the cost of the parts – spare parts of the car are more expensive than that of a bike. Servicing is another major cost that you as a car owner or bike owner can’t avoid. You must pay for the servicing cost to maintain your vehicle in the long run. In the case of a car, the maintenance cost is higher than the bike and that’s one of the major reasons why most people opt for bikes, especially in small towns.

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There is a vast difference between the expenses incurred for insuring a car and a bike, with a car obviously needing much more insurance amount every year.


The amount of the car loan is much more than that of a bike loan. This directly impacts the monthly EMIs that you will be obligated to pay. Someone who is on a tight budget won’t be able to afford the high EMIs that need to be incurred in case of a car loan. 


Mileage is one of the major concerns, especially in India. No doubt, a bike offers you more mileage than a car. A bike’s mileage starts around 50 km for a litre whereas for a car it ranges from around 10-20 km for a litre. The mileage might differ from car to car and bike to bike. If your concern is mileage, then you should go for a bike and if you are looking for safety and comfort, then a car is an obvious choice.

Interestingly in car loans there is an option of pre-owned car / used cars which has grown steadily over the last few years, it provides a good option which does not hurt the pocket also. So, while you go a little soft on your pocket, you still can enjoy being a proud four wheeler owner and Poonawalla Fincorp provides easy financing options for the same.

Time to Upgrade 

If you are planning to upgrade from a bike to a car, Poonawalla Fincorp is the place for you. At Poonawalla Fincorp, we offer various types of loans catering to the different needs of borrowers. Our Used Car Loan is one of the best options available for buying your second-hand car. With numerous benefits like minimal documentation, attractive interest rate, no hidden charges, flexible loan tenure, and quick loan processing help, you get that dream car you always wanted. 


As previously said, bike vs car is a never-ending debate. However, the factors such as loan amount, finance, EMIs, comfort, maintenance cost, mileage, and insurance will surely help you in finalizing your decision.

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