Yamaha Bike Prices Increase February 2023

22 Feb 2023

509 Yamaha

Yamaha Bike Prices Increase February 2023

Yamaha has recently raised the prices of its bikes, marking its first hike of 2023. As is often the case, the company has not provided any specific reason for the increase. However, it is possible that the recently implemented 18% General Sales Tax (GST) could be a contributing factor, given that the previous GST rate was 17%.

New Yamaha Bike Prices

• The Yamaha YB125Z (Red/Black) has seen an increase of Rs. 3,000, resulting in a new price of Rs. 308,500, which is a 0.98% increase from the old price of Rs. 305,500.

• The Yamaha YB125Z-DX (Red/Blue/Black) has gone up by Rs. 3,500, with the new price of Rs. 330,500, representing a 1.07% increase from the old price of Rs. 327,000.

• The Yamaha YBR 125 (Red/Blue/Black) has increased by Rs. 3,500, bringing the new price to Rs. 339,500, which is a 1.04% increase from the previous price of Rs. 336,000.

• The Yamaha YBR125G (Red/Black) has also gone up by Rs. 3,500, resulting in the new price of Rs. 353,000, which is a 1.00% increase from the old price of Rs. 349,500.

• Finally, the new price of Yamaha YBR125G (Matt Dark Gray) is Rs. 356,000, with an increase of Rs. 3,500, representing a 1.00% increase from the previous price of Rs. 352,500.

Yamaha Pakistan relies on imported parts such as engines, which means that its prices are directly linked to the fluctuating dollar exchange rate. In fact, the company increased its prices seven times last year alone.

It is important for companies, especially those in the bike industry, to be transparent about the reasons behind price increases so that consumers can understand why they are paying more for their bikes. Despite hopes for a stable 2023 for the auto industry, it seems that the situation is unlikely to improve significantly. The ongoing curbs on imports, the issuance of limited letters of credit, and the country's severe economic crisis are all impacting the auto industry, as well as consumers' purchasing power.

What do you think about the new prices of Yamaha bikes? Do you feel that they are justified? Please share your thoughts in the comments section.

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