Motorcycle prices may rise again in mid-February

A drastic change in the lifestyle and cost of living in Bangladesh at all levels has had a major impact on the motorcycle market as a luxury product. Already we all feel that in this market of high speed where nothing is left out, we always consider motorcycles as nice and comfortable, so soon maybe the price change in the motorcycle market is imminent.

The reasons why the price of motorcycles may increase is given below:

1. Due to increase in dollar price in world market and unstable condition of dollar value.
2. Due to LC problem.
3. Bank interest rates have increased.
4. Raw materials value increased due to unstable situation in world market due to war in Ukraine and Russia.
5. Import costs have increased due to increase in shipment cost.
6. The price of the car has already increased, earlier the price of the car from 18 to 20 lakh has now increased to 25 to 26 lakh.

Already few existing brands has already hiked motorcycle prices with effect from February 1 and other companies are likely to hike prices as well.
Yamaha Motorcycles - ACI Motors has also increased their prices. However, keeping in mind the customers, they have continued their cashback offer.
So those who are thinking of buying a bike should buy it as soon as possible and before February 15th.