Royal Enfield has launched the Classic 500 Pegasus Edition in Australia, priced at AUD 9,890 (ride away price). The Royal Enfield Classic 500 Pegasus comes with 24 months warranty and 24 months customer care program.
The Royal Enfield Classic 500 Pegasus is limited to 50 units for the Australian market. It sold out within three minutes in India when it went on sale on 25 July 2018. The Pegasus Edition is limited to 1,000 units globally, with 250 units allocated to India, 190 units to the UK, 50 units to Australia and the rest are for other global markets.
The Royal Enfield Classic 500 Pegasus Edition pays homage to the Royal Enfield RE/WD 125 ‘Flying Flea,’ used in World War II. Globally, the Classic 500 Pegasus is available in two colour options - Olive Drab Green and Service Brown. It features military-style canvas saddle bags with Pegasus Logo, while customers also get a Pegasus edition T-shirt and helmet.
Powering the Royal Enfield Classic 500 Pegasus is a 499 cc, single-cylinder, four-stroke, two-valve engine with fuel injection and air-cooling that is capable of churning out a maximum power of 27.2 bhp at 5,250 rpm along with a peak torque of 41.3 Nm at 4,000 rpm. The engine is mated to a five-speed gearbox. A disc brake setup anchors braking force at the front and back while twin gas-charged rear shock absorbers and telescopic front forks comprise suspension hardware.
The Royal Enfield Classic 500 Pegasus Edition gets a maroon and blue Pegasus emblem with an exclusive serial number on the tank, and a 'Made Like a Gun' graphic on the battery box. It features brown handlebar grips and a leather strap with brass buckles on the air-filter box, while the headlight bezel, exhaust canister, wire-spoke wheels, and kickstart lever comes with a matte black finish. The logos and insignias on the Pegasus Edition are identical to the original Flying Flea motorcycle.
In India, the Royal Enfield Classic 500 Pegasus Edition costs INR 2.49 lakh (on the road, Mumbai).