Royal Enfield Classic 500 Pegasus India price pegged at Rs 2.49 lakh

Royal Enfield has introduced a limited edition model of the Classic 500 motorcycle. Called the Pegasus, this new variant is priced in India at Rs. 2,49,217 (on-road, Mumbai). Find this price tag to be a bit high? Well, Royal Enfield has justified it by limiting the model’s supply, thus enhancing its appeal to customers who wish to own something unique and stand out from the crowd. Production of the Royal Enfield Classic 500 Pegasus will be limited to just 1,000 units globally, out of which just 250 units will be sold in India.

It is a general rule of economics that a limited supply tends to increase a good’s price. This happens due to the exclusivity factor that gets associated with a limited production model. Regular Royal Enfield Classic 500’s are a common sight on Indian roads. But there are a few buyers in the market that are looking for a product that can turn heads and is slightly rare to spot. Limited production run models like the RE Classic 500 Pegasus are mainly aimed at such potential buyers.

Here’s everything you need to know about the limited edition Classic 500 Pegasus.

Royal Enfield Classic 500 Pegasus edition availability in India

The Classic 500 Pegasus is a limited-edition model. The company will be manufacturing just 1,000 units of the same globally. Out of this, just 250 units will be sold in the Indian market. As a result, availability of the Pegasus edition is extremely limited.

In order to reserve the bike, interested customers can register on the official Royal Enfield website. The company has also announced that sales of the Royal Enfield Classic 500 Pegasus will begin from July 10, 2018.

Royal Enfield Classic 500 Pegasus design

The Classic 500 Pegasus is based on the regular model but comes with some significant cosmetic tweaks. The company claims that the design of the Pegasus edition is inspired from the RE/WD 125 Flying Flea motorcycle from the World War II.

It is available only in the Service Brown shade and gets Pegasus logo and badges for differentiation. Additionally, a unique serial number is embossed on the fuel tank, showing which of the limited 1,000 series models is the bike in question. Royal Enfield has tried to give the Classic 500 Pegasus edition a stealth look, thanks to the black treatment of engine, exhaust, handlebar, headlamp bezel and wheels.

But the biggest visual change to the Pegasus edition has been given in the form of canvas panniers, which make the bike look premium and vintage. Other cosmetic tweaks include leather straps around the air box and brass buckles, which are derived from the bikes of the World War II era. Owners who will be buying the Royal Enfield Classic 500 Pegasus will also get a complimentary RE helmet and t-shirt from the Pegasus edition.

Royal Enfield Classic 500 Pegasus specifications

The Royal Enfield Pegasus edition is powered by a single cylinder, 499cc, air-cooled engine that is capable of developing 28 PS @ 5,250 rpm and 41.3 Nm of peak torque @ 4,000 rpm. It is mated to a 5-speed manual gearbox. Suspension duties are handled by 35-mm telescopic forks at the front and twin adjustable rear shock absorbers. Both front and rear wheels get disc brakes (280mm and 240mm, respectively.

Bhavik Sharma

Born with a love for automobiles, Bhavik has been in the field of motoring journalism for over 4 years. He has worked with some of the biggest names in the industry and is currently supplying his valuable inputs to the budding platform of Autosite India.

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