Pak Suzuki Motor Company (PSMC) has announced a third extremely massive hike for Suzuki Bike Prices in Pakistan this month from 20 February 2023. According to the details, Suzuki Motorcycle Prices in Pakistan have been raised by up to Rs. 41,000 depending on the model, which includes the Suzuki GD-110 S, GS-150, GSX-125, GR-150 and GW 250 JP2.
The price hike for Suzuki Motorcycles come after the Federal Government announced hike in General Sales Tax (GST) from 17% to 18% on standard products, while luxury items will be charged 25% GST.
Read more: Govt Increases Taxes on Cars in Mini Budget.
According to the notification, the price of the Suzuki GD 110S in Pakistan has increased to Rs. 325,000 from the old rate of Rs. 290,000 after an increase of Rs. 35,000, while the price of Suzuki GS 150 is now Rs. 360,000 after an increase of Rs. 45,000 from the old rate of Rs. 315,000.
Likewise, the price of Suzuki GR 150 in Pakistan has also increased to Rs. 496,000 from the old rate of Rs. 451,000 after a massive hike of Rs. 45,000, while the price of Suzuki GSX 125 in Pakistan is now Rs. 467,000 after a massive hike of Rs. 41,000 from old rate of Rs. 422,000.
Pak Suzuki Motor Company (PSMC) has silently added a new product to its current offerings in the last notification, the Suzuki Inazuma GW 250 JP2, which costs Rs. 980,000 (price remains unchanged), making it a luxury for the people of Pakistan.
The new prices of Suzuki Bikes in Pakistan will be applicable from 20 February 2023 and it will make buying a motorcycle extremely difficult for many individuals, who are already burdened with increase in cost of basic commodities.
Pak Suzuki Bike Prices in Pakistan [w.e.f 20 February 2023]
| Model | Old Price (PKR) | New Price (PKR) | Difference (Rs.) |
|---|---|---|---|
| GD 110S | Rs. 290,000 | 325,000 | Rs. 35,000 |
| GS 150 | Rs. 315,000 | 360,000 | Rs. 45,000 |
| GSX 125 | Rs. 422,000 | 467,000 | Rs. 45,000 |
| GR 150 | Rs. 451,000 | 496,000 | Rs. 45,000 |
| GW 250 JP2 | Rs. 980,000 | 980,000 | Rs. 0 |
This is a copy of the latest circular regarding the hike in Suzuki Bike Prices in Pakistan:
It is pertinent to mention that Pak Suzuki Motor Company (PSMC) last raised prices for its motorcycles in Pakistan from 10 February 2023 by up to Rs. 41,000 and before that prices were raised on 1 February 2023 with this being the third hike in prices this month.
However, Pak Suzuki won’t be the only one to raise prices and other motorcycle manufacturers are expected to follow in this trend especially after increase in the General Sales Tax (GST) by the Federal Government.
Let us know what you think about the new Suzuki Motorcycle Prices in Pakistan.
Moreover, if you are planning on buying a motorcycle, please check out Suzuki’ installment plan in the post below.
Read more: Pak Suzuki Installment Plan For Bikes 2023.
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