Following Honda Atlas, Yamaha has increased its bike prices. According to reports, the new prices will be implemented from July 26, 2021.
New Yamaha Bike Prices:
The company has increased the prices of three bikes. First of all, Yamaha YB 125 Z has seen a jump of Rs7,000 as its new price is Rs176,000 compared to the old rate of Rs169,000. The second bike is Yamaha YB 125Z-DX which saw a jump of Rs7,500, meaning the bikes new price is Rs190,000 as compared to the previous rate of Rs182,500.
Last but not the least, Yamaha YBR, its new price is Rs196,000 against its old rate of Rs188,000. It means the price of this bike is increased by Rs8,000. YBR has seen the biggest jump in prices.
Earlier Bike Price Hikes:
In April 2021, the company increased the prices of its bikes upto Rs7,000. YBR 125G had seen a jump of Rs7,000 as its revised rate was Rs197, 000 as compared to its old price Rs190, 000. Meanwhile, YB 125Z DX’s revised cost was Rs182, 500 after seeing a hike of Rs7,000. The old price of this bike was Rs175,500.
Meanwhile, the company increased the price of YB 125Z by Rs6,000 and set its new price stood at Rs169, 000 against its previous rate of Rs163, 000.
Reason for Prices Increase:
According to media reports, the reason for these continuous price hikes is a very high demand. The reports have suggested that after the end of lockdown last year, the demand for bikes has increased in the market, and suppliers are facing it hard to meet the demand for bikes and their spare parts. And due to this shortage, the dealers are selling the bikes at ‘ON Money’.
What do you think about these continuous price hikes? Do you think they are justified? Share your thoughts in the comments section.
