In India, a bike lottery is a popular system used by some companies to distribute high-demand motorcycles fairly among customers. Due to limited supply and high demand for certain bike models, manufacturers or dealers may organize a lottery where interested buyers register for a chance to purchase the bike. This method helps prevent hoarding and ensures that more people have an opportunity to own these sought-after products.
The process typically involves online registration, where applicants provide their details and pay a small fee. Winners are selected randomly through a draw, and they are then allowed to buy the bike at the specified price. This system is common for premium or newly launched bikes in the Indian market, making it a unique aspect of the local automotive industry. |
