The Fender assembly is constructed from several parts from which the Fender, Rear is the most expensive.
Parts such as the Fender: Cover, Rear Fender 1, Nut, Flange (7g0), Bolt, With Washer (4n0), Collar (8g8) are included in the Tzr125r 1992 4dl1 Europe 224dl-300e1 Fender parts fiche.
Check out any of the twelve Fender components enlisted.