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LAHORE: A Series of tax impositions on imports proposed after the approval of the Federal Budget can lead to a rise in the prices of all motor vehicles. The new tax-oriented budget can also affect the price of Honda bikes including Honda CD 70, Honda CG 125, Honda CD 70 Dream, and Pridor.
The federal government has also ended import tax exemptions on various items including luxury vehicles, particularly those worth $50,000 or more, which will now face increased taxes and duties.
Honda has a strong market presence in Pakistan with their Honda CD 70, CG 125, and Pridor being very popular in the country. Market experts indicated that the Honda CG 125 along with the Honda CD 70 account for more than 40% of the market.
Two-wheelers represent the most widely used form of transportation in Pakistan, with Honda dominating the market significantly over other domestic and imported motorcycle brands.
However, despite fluctuations in the rupee’s value, the Honda CG 125 remains the top-selling motorcycle, surpassing numerous competing local models.
As of July 2024, the Honda CG 125 is priced at Rs234,900, while the Gold/Self-start edition is 292,900.
| Bike models | Prices |
| Honda CG 125 | Rs.234,900 |
| Honda CG 125 Self | Rs.282,500 |
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