Overview
Despite the low sale and shortage of raw materials automakers never stopped the season of price hikes. After back-to-back car prices jump now motorbike companies taking their turn at price hikes. The recent Suzuki price hike for motorbikes makes the Suzuki GR150 cost over Rs. 5 lacs.
The fresh price jump in bikes by Suzuki has made us quite disappointed that a motorbike crosses the cost of Rs five lacs. As per the Suzuki notification, new prices will be in effect from April 7, 2023. This is the third time Suzuki increase prices in the first four months of this year.
Reason for These New Price Jumps
Pakistan’s automotive industry depends on imported raw material products to complete vehicle manufacturing in local assembly plants. The restrictions on imports and heavy customs are reasons for a price increase. As well as the devaluation of the rupee value against the dollar also make an effect on imported parts. Because imported tax pays according to US dollars.
Suzuki Bikes New Prices
- After a new jump, Suzuki GD110S’s new cost is Rs. 322,000 against the previous rate of Rs. 290,000, observing a change of Rs. 32,000.
- Suzuki GSX 125 previous price was Rs. 422,000, but after an increase of Rs. 47,000, the new price of this bike is Rs. 469,000.
- Suzuki GS 150 used to cost Rs. 315,000 but now you can buy it for Rs. 350,000 after an increase of Rs. 35,000.
- Similarly, the Suzuki GR150 price increased from Rs. 451,000 to Rs. 501,000.
Terms and Conditions
Must read the terms and conditions before visiting a dealership to buy a Suzuki bike.
- The above-mentioned prices are inclusive of the freight charges and ex-factory product prices.
- The company has reserved the right to change the price without any notification
- At the time of delivery, prices will be applicable.
- Any additional government tax will charge to customers.
Conclusion
The ongoing situation clears us to not rely on prices and buying automotive products with full payment. Because the customers who have paid the full amount will not include in the price change. Suzuki has not cited any reason behind the price hike. But the ongoing economic situation is clear to all of us.
