Honda CD 70 and Honda 125 bike prices may increase – Budget 2023

Bikes in PakistanHonda CD 70 and Honda 125 bike prices may increase - Budget...

With the Federal Budget 2023-24 around the corner, it is expected that prices of Honda CD 70 and Honda 125 motorcycles may rise as the government intends to impose additional taxes to generate more revenue.Honda CD 70 and Honda 125 bike prices may go up after budget 2023-24

The Federal Budget for the next Fiscal Year (FY) 2023-23 with an expected outlay of nearly Rs 14,000 trillion will be presented by the Finance Minister Ishaq Dar at the National Assembly on June 09, 2023.

   

The reports surfacing on media suggest that new taxes worth Rs 700 billion are in the offing in the budget for the next fiscal year.

It’s most likely that the federal government will announce new taxes especially on imported and luxurious items for greater revenue generation.

In February 2023, the government enhanced the General sales tax (GST) from 17% to 18% on automobiles including motorcycles through a mini-budget.Honda CD 70 and Honda 125 bike prices may go up after budget 2023-24Though the Association of Pakistan Motorcycle Assemblers (APMA) has demanded the government to reduce the GST rate to 15% from the existing 18% in the forthcoming budget; however, no such relief is expected from the government, therefore, the taxes introduced under the mini-budget will remain intact.

In Pakistan, the price of Honda CD 70 currently stands at Rs 154,900 whereas the Honda CG 125 is costing Rs 229,900.

Since, the federal government seems to have no plan to slash the GST rate on automobiles and the rupee value continues to tumble against the US dollar; therefore, the prices of Honda Atlas bikes are likely to soar further following the budget.Honda CD 70 and Honda 125 bike prices may go up after budget 2023-24

Current Price of Honda CD 70 in Pakistan

  • Rs 154,900

Honda CD 70 Technical Specifications

Engine4-Stroke OHC Air Cooled
Displacement72 cm3
Bore & Stroke47.0 x 41.4 mm
Compression Ratio9.3:1
ClutchMultiplate Wet Clutch
Transmission4 Speed Constant Mesh
StartingKick Start
FrameBackbone Type
Dimension (LxWxH)1897 x 751 x 1014 mm
Ground Clearance136 mm
Petrol Capacity8.5 Liters (Reserve: 1.0 Liter)
Tire at Front2.25 – 17 (4 PR)
Tire at Back2.50 – 17 (4 PR)
Dry Weight82kg

Honda CD 70 and Honda 125 bike prices may go up after budget 2023-24Current Price of Honda 125 in Pakistan

  • Rs 229,900

Honda 125 Technical Specifications

Engine4-Stroke OHV Air Cooled
Bore & Stroke56.5 x 49.5 mm
StartingKick Start
Final DriveRoller Chain
Transmission4 Speed Constant Mesh
Dimension (LxWxH)1912 x 735 x 1026 mm
Seat Height764 mm
Ground Clearance132 mm
Petrol Capacity9.2 Liters (Reserve: 2.0 Liter)
Wheel Base1204 mm
Tire at Front2.50 – 18 (4 PR)
Tire at Back3.00 – 17 (6 PR)
Suspension FrontTelescopic Fork 103 mm Travel
Suspension BackSwing Arm 68 mm Travel
Dry Weight100kg

 

Tags: Honda CD 70 and Honda 125 bike prices

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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