ISLAMABAD (Kashmir English): Honda has introduced new plan for the sale of its famous models; CD 70 and CG 125, on installments.
Despite new entrants in the market and soaring prices, Honda’s entry-level bikes remain in high demand. Price hikes and new market entries have a little impact on the company’s sales of flagship models as Honda’s two-wheelers continue to hold strong demand in the market.
Urbanisation, growing popularity of online ride-hailing services, and food delivery platforms might have causes increase in the prices of motorcycles besides the depreciation of the rupee but Honda’s sales remain at their highest levels across several brands.
Honda network
Honda’s post-sale service network and availability of spare parts across the nation have been crucial in maintaining consumer confidence in the company, as buyers prioritise low maintenance and stability over more aesthetically-driven features.
While the CD 70 remains the top-selling company model, the CG 125 also enjoys sustained demand.
For those interested in buying new CD 70, the company has introduced a range of affordable installment options.
The total price of the Honda CD 70 is Rs157,900, with various payment plans being offered.
The customers will have to pay as follows:
3-month plan: Rs52,500 (zero mark-up)
6-month plan: Rs26,500 (zero mark-up)
9-month plan: Rs20,465
12-month plan: Rs16,100
18-month plan: Rs11,700
24-month plan: Rs9,500
36-month plan: Rs7,300
Similarly, the company has various installment plans for Honda for the CG 125, which is priced at Rs234,900.
These include:
3-month plan: Rs78,300 (zero mark-up)
6-month plan: Rs39,200 (zero mark-up)
9-month plan: Rs30,500
12-month plan: Rs23,900
18-month plan: Rs17,500
24-month plan: Rs14,000
36-month plan: Rs10,900
These plans have been designed to make it easier for consumers to own a Honda bike despite the increased costs.
