All bike makers, including Honda Atlas, have raised the prices of motorcycles due to the depreciation of the local currency and import restrictions. This has resulted in a significant increase in the prices of various bike models, with some seeing price hikes in the thousands of rupees range.
High Prices Burden Consumers amid Strong Demand for Honda Two-Wheelers
Despite the multiple price increases by companies, the demand for Honda two-wheelers has remained unaffected. Among Honda’s popular models, the Honda CG125 stands out for its reputation for excellent build quality and resale value. It is widely used as a daily ride due to its powerful engine and durability, enjoying a significant market share.
Collaborations & Easy Installments Plans Relief for Bike Buyers
To ease the impact of skyrocketing bike prices, several companies have joined forces with commercial banks to provide easy installment plans. Specifically, Honda has partnered with Bank Alfalah and MCB, offering customers the option of zero markup for up to 6 months. This enables individuals to purchase the Honda CG125 on an affordable installment plan, providing financial flexibility.