Pak Suzuki Motor Company (PSMC) has announced a third massive increase in Suzuki Bike Prices in Pakistan starting this month, on February 20, 2023. Suzuki Motorcycle Prices in Pakistan have risen by up to Rs. 41,000 depending on the model, including the Suzuki GD-110 S, GS-150, GSX-125, GR-150, and GW 250 JP2.
The price increase for Suzuki Motorcycles comes after the Federal Government raised the General Sales Tax (GST) on standard products from 17% to 18%, while luxury items will be charged 25% GST.
According to the notification, the price of the Suzuki GD 110S in Pakistan has increased by Rs. 35,000 from the previous rate of Rs. 290,000, while the price of the Suzuki GS 150 has increased by Rs. 45,000 from the previous rate of Rs. 315,000.
Similarly, the price of the Suzuki GR 150 in Pakistan has increased to Rs. 496,000 from Rs. 451,000 after a massive hike of Rs. 45,000, while the price of the Suzuki GSX 125 in Pakistan has increased to Rs. 467,000 after a massive hike of Rs. 41,000 from Rs. 422,000.
In the most recent notification, Pak Suzuki Motor Company (PSMC) quietly added a new product to its current offerings, the Suzuki Inazuma GW 250 JP2, which costs Rs. 980,000 (price remains unchanged), making it a luxury for the people of Pakistan.
Pak Suzuki Bike Prices in Pakistan [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 |
The new Suzuki Bikes prices in Pakistan will be effective on February 20, 2023, making purchasing a motorcycle extremely difficult for many people who are already burdened by increases in the cost of basic commodities.