1/20Tap to zoomHonda SP 125
Honda · Motorcycle
SP 125 On Road Price in Chennai
₹ 89,406ex-showroom · last updated 2026
- Engine
- 123.94cc
- Power
- 10.72bhp
- Weight
- 116kg
03 / On-Road Price
Honda SP 125 On-Road Price in Chennai: Full Breakdown
The on-road price of Honda SP 125 in Chennai, Tamil Nadu is ₹1,06,457. Here is the complete breakdown of what you are paying and why.
Ex-showroom price: ₹89,406 This is the manufacturer's price before any state-level taxes or registration fees. It is the same across all dealers in Chennai and is set by Honda directly.
Road tax (RTO): ₹7,152 (8% of ex-showroom) Road tax in Tamil Nadu is calculated as 8% of the ex-showroom price. This amount goes to the Tamil Nadu state government as a one-time lifetime tax and is collected at the time of registration. The rate can vary depending on the engine capacity and vehicle category - 123.94 cc bikes in Tamil Nadu fall under the applicable slab for this calculation.
Insurance: ₹6,399 This includes third-party insurance of ₹3,851 (mandatory, IRDAI-regulated) and own-damage cover of ₹2,548 for the first year. The own-damage component covers theft, accidents, and natural disasters. You can lower this figure in subsequent years by switching to third-party-only cover (Rs 714/year fixed), though own-damage cover is strongly recommended for city riding.
Dealer and handling charges: ₹3,500 This covers temporary registration (TR), dealer prep, and administrative charges. It is a flat Rs 3,500 across most Honda dealers.
Total on-road price in Chennai: ₹1,06,457
This is the amount you pay to drive the Honda SP 125 out of a dealership in Chennai. EMI buyers should note that finance charges, processing fees, and hypothecation fees (if applicable) will add to this figure.
On-Road Price in Chennai
Tamil Nadu — based on base variant (ex-showroom)
| Ex-Showroom Price | ₹89,406 |
| Road Tax (8%) | ₹7,152 |
| InsuranceThird Party (5yr): ₹3,851 | Own Damage (1yr): ₹2,548 | ₹6,399 |
| Other ChargesHandling, smart card, number plate | ₹3,500 |
| On-Road Price | ₹1,06,457 |
Tamil Nadu levies 8% road tax on two-wheelers, applied to the ex-showroom price. The state has one of the more competitive road tax rates in South India. Registration is handled at the local RTO, and prices are consistent across Chennai, Coimbatore, Madurai, and other cities.
| Variant | Ex-Showroom | On-Road (Chennai) |
|---|---|---|
| SP 125 Drum | ₹ 89,406 | ₹1,06,457 |
| SP 125 25-year Anniversary Edition | ₹ 94,406 | ₹1,12,000 |
| SP 125 Disc | ₹ 96,267 | ₹1,14,063 |
* On-road prices are indicative. Includes road tax at 8%, 5-year third-party insurance, 1-year own-damage insurance, and other charges. Actual prices may vary by dealer.
A few practical tips if you are buying the Honda SP 125 in Chennai: First, always get a written quotation listing each component of the on-road price before signing anything - some dealers add optional accessories or extended warranty into the on-road figure without being upfront about it. Second, compare insurance quotes from at least two insurers before accepting the dealer's bundled policy; you can save Rs 1,000 - Rs 2,500 on the own-damage premium by going direct. Third, Honda occasionally runs exchange offers and festive season discounts in Chennai that can reduce the effective on-road from ₹1,06,457 - ask your dealer about current promotions. The Honda SP 125 has strong resale value in Tamil Nadu, which makes it a sensible buy even at full price.