In the dynamic landscape of the Pakistani motorcycle market, 2023 witnessed a significant surge in bike prices, attributed largely to the devaluation of the Pakistani rupee against the US dollar. Surprisingly, even during periods of stable exchange rates, companies such as Yamaha chose to increase prices without explicit justifications. Let’s delve into the details of how much Honda, Yamaha, and Suzuki bike prices skyrocketed in the past year.
Honda Bike Prices in 2023
Honda motorcycles experienced substantial price hikes throughout 2023. The CD 70 and CD 70 Dream saw increases of PKR 36,400 and PKR 39,000, respectively. The beloved CG 125, a people’s favorite, now costs Rs. 234,900, witnessing a staggering rise of Rs. 49,000 over the last 12 months.
Detailed Breakdown of Honda Bike Price Increases in 2023:
Model | January 2023 Price (PKR) | December 2023 Price (PKR) | Price Difference (PKR) |
---|---|---|---|
CD 70 | 121,500 | 157,900 | +36,400 |
CD 70 Dream | 129,900 | 168,900 | +39,000 |
Pridor | 161,900 | 208,900 | +47,000 |
CG 125 | 185,900 | 234,900 | +49,000 |
CG 125 Special Edition | 219,500 | 282,900 | +63,400 |
CB 125 F | 283,900 | 390,900 | +107,000 |
CB 150 F | 353,900 | 493,900 | +140,000 |
CB 150 F SE | 357,900 | 497,900 | +140,000 |
Suzuki Bikes Prices in 2023
Suzuki, too, joined the price escalation trend in 2023. The GD 110S and GS 150 witnessed substantial hikes of Rs. 108,000 and Rs. 116,000, now priced at Rs. 352,000 and Rs. 382,000, respectively.
Detailed Breakdown of Suzuki Bike Price Increases in 2023:
Model | January 2023 Price (PKR) | December 2023 Price (PKR) | Price Difference (PKR) |
---|---|---|---|
GD 110S | 244,000 | 352,000 | +108,000 |
GS 150 | 266,000 | 382,000 | +116,000 |
GSX 125 | 359,000 | 499,000 | +140,000 |
GR 150 | 385,000 | 547,000 | +162,000 |
Yamaha Bikes Prices in 2023
Yamaha, initiating the year with a price hike in February, continued to raise prices throughout 2023. The YB 125Z, now priced at Rs. 396,000, witnessed a significant increase of Rs. 90,500.
Detailed Breakdown of Yamaha Bike Price Increases in 2023:
Model | January 2023 Price (PKR) | December 2023 Price (PKR) | Price Difference (PKR) |
---|---|---|---|
YB 125Z | 305,500 | 396,000 | +90,500 |
YB 125Z DX | 327,000 | 440,500 | +113,500 |
YBR 125 | 336,000 | 435,500 | +99,500 |
YBR 125G | 349,500 | 471,000 | +121,500 |
YBR 125G (Matte Gray) | 352,500 | 474,000 | +121,500 |