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Honda motorcycles continue to dominate the Pakistani two-wheeler market, outperforming all other competitors combined, with the Honda CD 70 retaining its position as the best-selling bike. The year 2024 sees Honda making some modifications to the CD 70 model, a flagship vehicle in a country with a population of 240 million.
One of the standout features of the Honda CD 70 is its exceptional fuel efficiency, boasting an impressive 55-60 kilometers per litre. The motorcycle is equipped with a 4-speed transmission coupled with a 4-stroke single-cylinder air-cooled engine, ensuring riders experience a potent and smooth performance on the road.
Read more: Price Update For 2024 Honda CD 70 In December
As of 2024, the price tag on the Honda CD 70 in Pakistan is Rs157,900. Despite being a market leader, Honda is not just relying on its product appeal; it has also collaborated with various commercial banks to offer installment plans, including zero-markup options, to facilitate potential buyers.
Bank Alfalah is one such financial institution offering a 0% markup on an installment plan extending up to six months for Honda motorcycles, including the CD 70. However, it’s essential to note that while customers benefit from zero markup, they are subject to processing fees according to the bank’s schedule of charges. The installment plans provided by Bank Alfalah include various options, each with a corresponding monthly installment amount, catering to the diverse financial preferences of potential buyers.
This strategic partnership between Honda and Bank Alfalah aims to make Honda motorcycles, particularly the CD 70, more accessible to a broader segment of the population by offering flexible and attractive financing options. The availability of installment plans with zero markup for up to six months further enhances the affordability of the Honda CD 70 for potential buyers who may prefer spreading the cost over time.
The competitive pricing of the Honda CD 70, coupled with installment plans facilitated by financial institutions like Bank Alfalah, reinforces Honda’s market dominance in Pakistan. This marketing approach not only caters to the immediate financial needs of customers but also fosters brand loyalty by providing convenient and accessible financing solutions.
In conclusion, the continued success of Honda motorcycles, specifically the CD 70, in the Pakistani market is a testament to the brand’s popularity and the appeal of its products. By adapting to market trends and collaborating with financial institutions to offer attractive installment plans, Honda demonstrates a commitment to making its motorcycles more accessible and affordable to a wide range of consumers. As the two-wheeler industry evolves, such strategies position Honda as a frontrunner in meeting the diverse needs of the Pakistani motorcycle market.
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