# Honda SP 125 Price in Chennai 2026

> Honda SP 125 on-road price in Chennai starts at ₹1,06,457. Includes road tax (Tamil Nadu), insurance, and charges.

Source: https://indianautoforum.com/bikes/honda/sp-125/price/chennai

The on-road price of {{bike}} in {{city}}, {{state}} is {{on_road}}. Here is the complete breakdown of what you are paying and why.

**Ex-showroom price:** {{ex_showroom}}
This is the manufacturer's price before any state-level taxes or registration fees. It is the same across all dealers in {{city}} and is set by Honda directly.

**Road tax (RTO):** {{rto}} ({{rto_percent}} of ex-showroom)
Road tax in {{state}} is calculated as {{rto_percent}} of the ex-showroom price. This amount goes to the {{state}} 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 - {{engine_cc}} bikes in {{state}} fall under the applicable slab for this calculation.

**Insurance:** {{insurance_total}}
This includes third-party insurance of {{tp_insurance}} (mandatory, IRDAI-regulated) and own-damage cover of {{od_insurance}} 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:** {{other_charges}}
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 {{city}}: {{on_road}}**

This is the amount you pay to drive the {{bike}} out of a dealership in {{city}}. EMI buyers should note that finance charges, processing fees, and hypothecation fees (if applicable) will add to this figure.

## Honda SP 125 On-Road Price in Chennai
| Variant | Ex-Showroom | Road Tax | TP Insurance | OD Insurance | Other | On-Road |
|---------|-------------|----------|--------------|--------------|-------|---------|
| SP 125 Drum | ₹89,406 | ₹7,152 | ₹3,851 | ₹2,548 | ₹3,500 | **₹1,06,457** |
| SP 125 25-year Anniversary Edition | ₹94,406 | ₹7,552 | ₹3,851 | ₹2,691 | ₹3,500 | **₹1,12,000** |
| SP 125 Disc | ₹96,267 | ₹7,701 | ₹3,851 | ₹2,744 | ₹3,500 | **₹1,14,063** |

*Road tax rate: 8%. Prices are indicative. Actual on-road price may vary by dealer.*

A few practical tips if you are buying the {{bike}} in {{city}}: 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 {{city}} that can reduce the effective on-road from {{on_road}} - ask your dealer about current promotions. The {{bike}} has strong resale value in {{state}}, which makes it a sensible buy even at full price.

## FAQs

**What is the on-road price of {{bike}} in {{city}}?**
The on-road price of {{bike}} in {{city}}, {{state}} is {{on_road}}. This includes ex-showroom price of {{ex_showroom}}, road tax of {{rto}} at {{rto_percent}}, total insurance of {{insurance_total}}, and dealer charges of {{other_charges}}.

**What is the road tax for {{bike}} in {{state}}?**
The road tax (RTO) for {{bike}} in {{state}} is {{rto}}, calculated at {{rto_percent}} of the ex-showroom price of {{ex_showroom}}. This is a one-time lifetime tax paid at registration and goes directly to the {{state}} state government.

**What does insurance cost for {{bike}} in {{city}}?**
Insurance for {{bike}} in {{city}} totals {{insurance_total}} in the first year, comprising third-party insurance of {{tp_insurance}} and own-damage cover of {{od_insurance}}. From the second year, mandatory third-party insurance alone costs Rs 714/year as per IRDAI regulations.

**What is the EMI for {{bike}} in {{city}}?**
Based on the on-road price of {{on_road}} in {{city}}, a 20% down payment leaves a loan of approximately 80% of {{ex_showroom}}. At 8.5% interest over 36 months, the monthly EMI works out to approximately Rs 2,230 for the STD or Rs 2,420 for the DLX. Final EMI depends on your lender and credit profile.

## More
- [Overview](/bikes/honda/sp-125)
- [Ex-showroom Price](/bikes/honda/sp-125/price)
- [Variants & Specs](/bikes/honda/sp-125/variants)