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LAHORE: A Series of tax impositions on import proposed in the Federal Budget 2o24-25 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 Dream, Honda CG 125, Honda CD 70, and Pridor.
The federal government has announced a rise in import duties on raw materials including steel, paper products, and spare parts which can lead to a rise in the number of cars and motorbikes being manufactured or assembled in Pakistan.
Despite fluctuations in the rupee’s value, the Honda CD 70 Dream remains the top-selling motorcycle, surpassing numerous competing local models. Nonetheless, escalating prices pose affordability challenges for prospective buyers interested in purchasing the Honda CD 70 Dream and similar models.
Renowned for their robustness and performance, Honda motorcycles are favored for navigating rough terrain and inadequate road conditions. The 2024 model of the Honda CD 70 Dream has garnered acclaim for its fuel efficiency and cost-effective maintenance.
While Chinese and locally manufactured bikes may offer lower initial costs, the Honda Classic 70 retains its appeal due to its minimal upkeep requirements, strong resale value, and lightweight structure.
In June 2024, the current price of the Honda CD 70 Dream stands at Rs 168,900.
Bike models | Prices |
Honda CD70 | Rs 157,900 |
Honda CD70 Dream | Rs 168,900 |
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