Yamaha Instalment Plan 2023. Yamaha’s 2023 installment plan due to rising inflation and price increases has reduced the purchasing power of most people. For this reason, experts predict that the demand for bicycles will increase despite the expected price hike, as more people will choose to buy bicycles instead of cars to avoid any financial stress. Using this as leverage, Honda launched a zero-margin installment plan for Yamaha. Yamaha has once again announced a zero percent markup installment plan for its bikes.
According to the details mentioned in the announcement, the company has started this project in collaboration with the Islamic Bank of Dubai. The announcement states that the scheme is limited to specific cities in Pakistan without naming anyone.
This offer is only available to salaried individuals, which means there is no 0% markup plan for small traders and freelancers. While the announcement said that the offer is available for a limited time, it left out important details like the payment period, down payment, and other terms and conditions.
The announcement comes shortly after Yamaha announced a big price increase. The latest announcement came in February and the latest one increased the prices of motorcycles by Rs. 394,500.
Last year, the company increased the prices of bikes seven times. As a result of Pakistan’s continuing economic woes, dealers and industry insiders are expecting more price increases this year, which will further reduce motorcycle sales.