Motorcycle Spare Parts Business in Kenya
The motorcycle spare parts business is profitable in Kenya in 2023. It requires planning, research, execution, and management. Conduct market analysis, write a business plan, raise capital and costs, choose location and premises, stock and suppliers, obtain licenses and permits, market and promote, and overcome challenges. The business is lucrative and fast-growing as traders open shops to satisfy demand. There is a huge, growing demand for motorcycle parts and accessories. Consider this business for income, profits, and employment with proper planning and execution.
Costs of Motorcycle Parts
Are motorcycle parts expensive?
Aftermarket motorcycle fairings are usually less expensive than OEM fairings. OEM parts can cost between $150 to $550 each. A full set of OEM fairings often costs upwards of $2,500, while aftermarket fairings can be found for $300 to $1,200 or more. Supply and demand, cost of doing business, and fitment data contribute to motorcycle parts pricing.
Cost and Maintenance of Motorcycles
Owning a motorcycle can be expensive to modify. High-quality race parts for motorcycles are much cheaper than equal quality auto parts. Brands play a role too – branded parts cost more than non-branded, made in China replacements. Overall motorcycle and auto parts costs are comparable. Motorcycle maintenance expenses, about $500 a year, rise with motorcycle quality. Proper maintenance saves money over time. Riding a motorcycle can be safe and enjoyable with proper gear, found at affordable prices with patience and wisdom.