Pakistani bike market is largely driven by entry-level motorcycles, influenced by key factors such as affordability, fuel efficiency, and practicality for both urban and rural mobility. Given the record high fuel prices, motorcycles offer a more accessible and economical alternative to four-wheelers, particularly for city dwellers.
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Dominance of Honda and the CD 70
Market Leader:
- Honda CD 70: Among the various brands, Honda stands out as a dominant player, with the Honda CD 70 being one of the most popular motorcycles in Pakistan. Its popularity stems from its reliability, fuel efficiency, and affordability. The CD 70 has become a household name due to its robust build and low maintenance costs, making it a preferred choice for daily commuting.
Market Dynamics
Economic Factors:
- Fuel Prices: With the ongoing record prices of fuel, motorcycles are increasingly becoming the go-to option for many people, providing a cost-effective solution for transportation.
- Dollar Rate and Economic Recovery: Despite a decrease in the dollar rate and signs of economic recovery, the prices of motorcycles have not yet been reduced. This has not deterred buyers, who continue to purchase Honda CD 70 and other bikes, often opting for easy installment plans to manage costs.
Honda CD 70 Installment Plans 2024
One Year Plan
Honda CD-70
Down Payment
Rs. 23,685 (15%)
Processing Fee
Rs. 1,800
Total Upfront
Rs. 25,485
MONTHLY PAYMENT
Number of Months
12
Monthly Installment
Rs. 13,417
Two Year Plan
UPFRONT PAYMENT
Down Payment
Rs. 23,685 (15%)
Processing Fee
Rs. 1,800
Total Upfront
Rs. 25,485
MONTHLY PAYMENT
Number of Months
24
Monthly Installment
Rs. 7,854
Three Year Plan
UPFRONT PAYMENT
Down Payment
Rs. 23,685 (15%)
Processing Fee
Rs. 1,800
Total Upfront
Rs. 25,485
MONTHLY PAYMENT
Number of Months
36
Monthly Installment
Rs. 6,071