In recent years, rising inflation in Pakistan has posed significant challenges for the middle class, particularly impacting their ability to afford vehicles, including motorcycles. While the Honda 125 remains a popular choice, younger riders and enthusiasts are increasingly drawn to models like the Suzuki GR 150 or Yamaha YBR for their durability and style. However, the soaring prices of these motorcycles have made them less accessible to many.
The motorcycle industry in Pakistan has seen a decline in customer numbers due to these high prices. In response, companies like Suzuki are rolling out attractive discount deals to lure buyers back into showrooms. Recently, Suzuki announced a compelling offer for the Suzuki GR 150, allowing customers to purchase the motorcycle through 24 easy installments with zero markup and a 25% down payment. This offer aims to make the motorcycle more affordable and attractive to potential buyers.
Despite such offers, the Suzuki GR 150 remains one of the pricier options in Pakistan, priced at PKR 547,000. Under the new plan, customers can opt for a monthly installment of PKR 22,790, which alleviates some financial strain but still presents a significant investment for many households.
The reasons behind these price hikes are multifaceted, including issues related to imports, expensive raw materials, and currency depreciation. These factors collectively contribute to the overall cost of motorcycles, further complicating affordability for consumers amidst challenging economic conditions.
While installment plans and discount offers provide some relief, the high cost of motorcycles continues to be a barrier for Pakistani families aspiring to own vehicles. As economic pressures persist, achieving the dream of vehicle ownership remains a distant goal for many middle-class individuals and households across the country.
