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Wednesday 10 July, 2024
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Honda CD 70 Installment Plan Offered by MCB Bank

BY Shahzad Saeed Jun 05, 2023. 03:47 pm

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Motorbike prices have increased as a result of the local currency’s continued depreciation and the skyrocketing inflation rate, making it more and more difficult for people to purchase new motorcycles. The price of well-liked models like the Honda CD 70 has significantly increased in response to continuous price increases.

The Honda CD 70’s price has increased by Rs 5,000, or Rs 154,900, making it one of the affected models. This unexpected increase has made it more expensive for those who want to buy new motorcycles.

PriceRs. 154,900
3 Months InstallmentRs. 51,633
6 Months InstallmentRs. 25,816
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Given the difficulties prospective buyers face, Atlas Honda has unveiled a new offer that enables people to buy a new CD 70 using monthly installments. The purpose of this initiative is to offer some relief to those who might find it challenging to pay the entire amount upfront. Interested parties are encouraged to visit the official website of MCB Bank to learn more about installment options.

Other well-known motorcycle manufacturers have also provided a variety of alternatives to help make the purchase of motorcycles easier, in addition to the installment plan provided by Atlas Honda. These choices include zero markup programs that are only accessible to owners of Bank Alfalah, UBL, Standard Chartered, and Faysal Bank credit cards. By working with these banks, manufacturers hope to increase the number of consumers who can afford to own a bike.

Nevertheless, despite the availability of installment plans and other financing choices, the general increase in motorcycle prices continues to present significant difficulties for people with limited resources. Potential buyers are becoming frustrated as a result of how difficult it has become for the average person to afford a new vehicle due to rampant inflation and currency depreciation.

It is unknown how the market will react as the automotive sector struggles with these financial issues. In order to prevent people from being discouraged from buying motorcycles due to rising prices, affordability, and accessibility are important issues that must be addressed.

People are advised to carefully assess their financial capabilities in these uncertain times before making any significant purchase decisions. Potential buyers may find it easier to navigate this complex market by looking into different financing options and comparing prices between manufacturers.

The predicament serves as a reminder of how critical it is to address economic problems in order to maintain transportation affordability and accessibility for all facets of society. In order to create an environment where people can obtain their desired mode of transportation without enduring undue financial strain, a stable economy and effective government policies are essential.

Read more: Recep Tayyip Erdogan, Turkish President, Receives Mangoes as Gift from PM Shehbaz Sharif

 

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