And again, the Honda Bike prices have been increased. This is the third hike in the last four months, and seems like it is a recurring task for the company. As per a notification, the prices have been increased up to Rs5,000.
The new prices are going to be implemented from July 21, 2021.
New Honda Bike Prices:
The most loved bike in Pakistan, Honda CD70, has seen a price hike of Rs2,400 and now it will cost Rs86,900 against its old price of Rs84,500. The company has increased the price of Honda CG125 by Rs3,000, taking it to Rs142,500 from Rs139,500.
The third bike, Honda CD70Dream, saw a jump of Rs3,000, meaning the new rate of the motorcycle is Rs93,500 as compared to its old price of Rs90,500. Next comes Pridor, which observed a jump of Rs2,500 as now it will cost Rs120,000 from the old price of Rs117,500.
The rate of CG125S has been increased by Rs3,000, meaning the revised price is Rs170,500 against the old price of Rs167,500. Lastly, the rates of CB125F and CB150F have increased by Rs5,000, each. It means the new price of CB125F is Rs205,500 against the old price of Rs200,500. Meanwhile, CB150 F will now be available in Rs260,500 as compared to Rs255,500.
As mentioned earlier, the Honda Atlas has increased its prices repeatedly. Furthermore, there is no explanation by the company why the prices have been revised. On one side, all car companies have dropped the prices after Auto Policy 2021-2026. Under the new policy, the government has removed or reduced different taxes and duties on cars. However, the federal government has not announced any incentive or tax reductions for the bike industry. Hence, it is expected that the prices will keep on increasing, but without any apparent reason.
What do you think of this new price hike? Do you think these rate jumps are right? Share your thoughts in the comments section.
