Leading powersports manufacturer, CFMoto set industry tongues wagging this week with the launch of a new sports-side by side vehicle (SSV) for an inexpensive $11,490 ride away.

CFMoto’s new Z550 is the latest addition to the company’s brand new 550 range which was launched earlier this year and includes the X550 ATV for $8,790 and the U550 UTV for $11,490 ride away.

Director Michael Poynton said there is a big gap in the recreational side by side market for the new Z550.

“The Z550 represents exceptional value for money at $11,490 ride away. It’s around two to three thousand dollars cheaper than our competitors and we offer a higher spec machine.” Poynton says.

The specs on the Z550 are set to win over new customers for the brand who get a 500cc EFI liquid cooled engine, selectable 2WD and 4WD modes, ROPS approved roll cage, polished alloy wheels, sports seats, adjustable steering column, roof kit and tow kit included in the ride away price.

In line with the company’s other vehicles, the Z550 also has a two year factory warranty, is available in red only and can be snapped up at more than 80 CFMoto dealers nationwide.

The Z550 is the third sibling in a growing sports range which includes the economical Z8S at $13,490 ride away and the number one selling Z8EX ($15,750) which was the highest selling  sports side by side in the country in 2014.

“We’ve seen a clear growth in the side-by-side market this year with industry statistics suggesting a strong deviation from ATV’s to side by sides – something we are well placed to capitalise on.” Poynton said.

CFMoto have been bulking up their side by side range and now offer three sports side by side models and four utility vehicles. “We are definitely looking to strengthen and expand our side by side model range over the coming years.” Poynton said. 

*Prices are correct as at 31 July 2015.