Pak Suzuki Motor Company (PSMC) is providing an easy installment plan for the Suzuki GR 150 2023, which is the company’s flagship motorcycle at this time. It is no doubt that Suzuki Pakistan provides one of the best installment plans in the country when it comes to motorcycles and today, we are going to look at the installment plan for their most expensive offering.
In today’s economy, it has become increasingly difficult for a lot of people to buy a motorcycle at upfront payment, which is why many people opt for financing through various banks. However, Pak Suzuki Motor Company (PSMC) directly offers customers easy and interest-free (zero markup) installment plans for its customers.
Pak Suzuki Motor Company (PSMC) is offering an interest-free (zero markup) installment plan for the Suzuki GR 150 2023 in Pakistan through its company owned outlets. Furthermore, these installment plans offer a wide variety of features as outlined below:
- Best competitive & lowest-markup rates
- No hidden charges
- Transparent Deals
- Down payment various options available
- Minimum Documentation charges
- Fastest & Hassle free processing
- No upfront Installment in Down Payment
- Comprehensive Insurance at lowest rates available
- Priority Deliveries
However, you have to meet certain eligibility criteria to avail the Suzuki Motorcycles Installment Scheme. Let us dive into details about the specifications of the Suzuki GR 150 2023 motorcycle before discussing the installment plan in detail.
Pak Suzuki Motor Company (PSMC) launched the Suzuki GR 150 in Pakistan on 5th December 2017 and the motorcycle quickly gained attention due to its unique style and a bigger engine.
The Suzuki GR 150 2023 is powered by a 149cc engine that is capable of producing 13.8 horsepower (hp) and 13.4 Newton meters (Nm) of torque, while paired with a 5-speed manual constant mesh transmission. Meanwhile, you can find the complete specification in the table below:
|Dimensions (LxWxH) (mm)||2055x750x1075|
|Minimum Ground Clearance (mm)||165|
|Dry Weight (kg)||133|
|Engine Type||4-Stroke, Air-cooled, OHC|
|Bore x Stroke (mm)||57.0 x 58.6|
|Starter System||Electric/Self + Kick|
|Fuel Tank Capacity||12.5 L|
|Seating Capacity||2 Persons|
|Transmission||5-Speed Constant Mesh|
|Brakes||Disk (Front), Drum (Back)|
|Suspension Front||Telescopic, Coil Spring, Oil Damped|
|Suspension Rear||Swing-Arm, Coil Spring, Oil Damped|
|Tires Rear||90/90-18 M/C|
Suzuki GR 150 2023 Price in Pakistan
The price of Suzuki GR 150 2023 in Pakistan is Rs. 410,000 (w.e.f 1 February 2023), which is the most expensive motorcycle being offered by the company. Here’s the complete price list for all Suzuki Motorcycles to give you an idea of the company’s offerings in the local automotive market:
|GD 110S||Rs. 264,000|
|GS 150||Rs. 286,000|
|GSX 125||Rs. 384,000|
|GR 150||Rs. 410,000|
Suzuki GR 150 2023 Installment Plan
According to the company’s website, the installment plan for the Suzuki GR 150 2023 in Pakistan is available in two options, including a 24-term and an 18-term with 35% and 50% down payment (advance), respectively. Since the motorcycle costs Rs. 410,00, you will need to pay Rs. 143,500 (35%) or Rs. 205,000 (50%) advance (down payment), depending on your installment plan.
Installment Plan Breakdown
|24-month Installment Plan||18-month Installment Plan|
|Per Month Installment||11,104||13,388|
However, you need to remember that the company charges a hefty processing fee (Rs. 20,000) for their installment plans.
For exact details regarding monthly installment, please refer to the Pak Suzuki Motor Company (PSMC) website or contact one of their company owned dealerships / outlets. However, it must be noted that Suzuki Pakistan had temporarily suspended bookings for all motorcycle due to worsening economic conditions and impact on the company, so you will have to wait until bookings are reopened again.
If you’re interested in installment plans for Suzuki cars, you should check out our automotive section.
You should also check out the installment plan for Suzuki Alto incase your are looking for an affordable car.
Read more: Suzuki Alto VXR 2023 Installment Plan Via Bank Alfalah.
No hidden charges , zero markup , bla bla bla , u must b kidding though we need to understand if we go for instalment rather cash payment then we must pay over and above the actual price
They do not mentioned registration and insurance charges which are compulsory, besides processing fee, this will definitely increase the down payment.
Dear Musharaf, First of all I don’t think there are any hidden charges (registration is a part of Excise and Taxation Department) however, it is wise to buy on installment because the price gets locked and even the bike prices increase any further you will be paying the same agreed amount these days uncertainty in market so I think Installment plans are feasible for anyone who cannot afford to buy a new bike on cash.