Hey guys! Are you looking into the Honda Biz 110i 2020 and trying to figure out its FIPE table price? You've come to the right place! In this article, we'll dive deep into everything you need to know about the Biz 110i 2020, its pricing according to the FIPE table, and a comprehensive analysis to help you make an informed decision. Let's get started!

Understanding the FIPE Table

Before we jump into the specifics of the Honda Biz 110i 2020, it's crucial to understand what the FIPE table is and why it's so important in the Brazilian automotive market. FIPE stands for Fundação Instituto de Pesquisas Econômicas (Institute of Economic Research Foundation). This foundation publishes a table that reflects the average prices of vehicles in Brazil. These prices are based on extensive market research and statistical analysis, making the FIPE table a reliable source for determining the fair market value of cars, motorcycles, and trucks.

The FIPE table is updated monthly, taking into account factors such as vehicle age, condition, mileage, and market demand. It serves as a benchmark for buyers and sellers, ensuring transparency and fairness in negotiations. Banks and financial institutions also use the FIPE table to determine the value of vehicles for financing and insurance purposes. So, if you're buying, selling, or insuring a vehicle in Brazil, the FIPE table is your go-to resource.

For the Honda Biz 110i 2020, consulting the FIPE table will give you a clear idea of its average market price. This is particularly useful when you're comparing prices from different sellers or dealerships. Keep in mind that the FIPE table provides an average, and the actual price may vary depending on the specific condition and features of the motorcycle.

Honda Biz 110i 2020: Overview

The Honda Biz 110i is a popular choice among Brazilian riders, known for its practicality, fuel efficiency, and ease of use. The 2020 model continues this tradition, offering a reliable and economical transportation solution for urban environments. Let's take a closer look at what makes the Honda Biz 110i 2020 stand out.

Key Features

The Honda Biz 110i 2020 comes with several features that make it an attractive option for daily commuting:

• Engine: It is equipped with a 109.1cc, single-cylinder, four-stroke engine that delivers a good balance of power and fuel economy.
• Fuel Injection: The PGM-FI (Programmed Fuel Injection) system ensures efficient fuel delivery, resulting in better performance and lower emissions.
• Transmission: The four-speed semi-automatic transmission makes it easy to ride, even for beginners. No clutch lever means smoother gear changes.
• Design: The Biz 110i features a practical and functional design, with a comfortable seat, ample storage space under the seat, and a sturdy frame.
• Brakes: It comes with drum brakes on both the front and rear wheels, providing adequate stopping power for city riding.
• Instrumentation: The instrument panel is simple and easy to read, displaying essential information such as speed, fuel level, and odometer.

Why Choose the Honda Biz 110i 2020?

There are several reasons why the Honda Biz 110i 2020 is a popular choice among Brazilian riders:

• Fuel Efficiency: The Biz 110i is known for its excellent fuel economy, making it an ideal option for daily commuting and saving money on fuel costs.
• Ease of Use: The semi-automatic transmission and lightweight design make it easy to handle, even in heavy traffic.
• Reliability: Honda is a trusted brand known for its durable and reliable motorcycles. The Biz 110i is built to last, with minimal maintenance requirements.
• Practicality: The under-seat storage compartment is a convenient feature for carrying personal belongings, making it a practical choice for everyday use.
• Affordability: The Biz 110i is priced competitively, making it an accessible option for budget-conscious buyers.

Honda Biz 110i 2020 FIPE Table Price

Now, let's get to the main point: the FIPE table price for the Honda Biz 110i 2020. As of today the FIPE table price for a standard Honda Biz 110i 2020 is around R$ 8.500,00. However, this is just an average, and the actual price may vary depending on several factors. Always consult the latest FIPE table for the most accurate and up-to-date information.

Factors Affecting the Price

Several factors can influence the price of a used Honda Biz 110i 2020:

• Condition: The overall condition of the motorcycle is a major factor. A well-maintained Biz 110i with no major damage or mechanical issues will fetch a higher price.
• Mileage: Lower mileage usually translates to a higher price, as it indicates less wear and tear on the engine and other components.
• Modifications: Any aftermarket modifications or accessories can affect the price. Some modifications may increase the value, while others may decrease it.
• Location: Prices can vary depending on the region or city. In areas where demand is high, prices may be higher than the FIPE table value.
• Documentation: Having all the necessary documentation, such as the owner's manual, service records, and proof of ownership, can increase the value of the motorcycle.

How to Check the FIPE Table

Checking the FIPE table is a straightforward process. You can access it through the official FIPE website or various online resources that provide FIPE table data. Here's how:

1. Visit the FIPE Website: Go to the official website of the Fundação Instituto de Pesquisas Econômicas.
2. Select the Vehicle Type: Choose "Motos" (Motorcycles) as the vehicle type.
3. Select the Make and Model: Select "Honda" as the make and "Biz 110i" as the model.
4. Select the Year: Choose "2020" as the year of manufacture.
5. View the Price: The FIPE table will display the average price for the Honda Biz 110i 2020. Keep in mind that this is just an average, and the actual price may vary.

Tips for Buying or Selling a Honda Biz 110i 2020

Whether you're buying or selling a Honda Biz 110i 2020, here are some tips to help you get the best deal:

For Buyers:

• Do Your Research: Before making an offer, research the market value of the Biz 110i 2020 using the FIPE table and other online resources.
• Inspect the Motorcycle: Carefully inspect the motorcycle for any signs of damage, wear, or mechanical issues. Pay attention to the engine, brakes, tires, and suspension.
• Test Ride: Take the motorcycle for a test ride to assess its performance and handling. Listen for any unusual noises or vibrations.
• Check the Documentation: Verify that the seller has all the necessary documentation, including the owner's manual, service records, and proof of ownership.
• Negotiate the Price: Don't be afraid to negotiate the price. Use the FIPE table as a reference point and justify your offer based on the condition and mileage of the motorcycle.

For Sellers:

• Prepare the Motorcycle: Before listing the motorcycle for sale, clean it thoroughly and address any minor repairs or maintenance issues.
• Gather Documentation: Gather all the necessary documentation, including the owner's manual, service records, and proof of ownership.
• Set a Fair Price: Use the FIPE table as a guide to set a fair price for the motorcycle. Consider the condition, mileage, and any aftermarket modifications.
• Take Good Photos: Take clear and attractive photos of the motorcycle from different angles. Highlight its best features and any unique modifications.
• Be Honest and Transparent: Be honest and transparent about the condition of the motorcycle. Disclose any known issues or problems to potential buyers.

Conclusion

The Honda Biz 110i 2020 is a reliable and practical motorcycle that offers excellent fuel economy and ease of use. By consulting the FIPE table, you can get a clear idea of its market value and make an informed decision when buying or selling. Remember to consider the condition, mileage, and other factors that may affect the price. With the right knowledge and preparation, you can get the best deal on a Honda Biz 110i 2020 and enjoy the ride!