Overview
Pakistan automobile companies increased car prices after the announcement of mini-budget. Under the mini-budget government has increased Federal Excise Duty (FED) on cars. Pakistan’s most famous automakers Pak Suzuki, IMC Toyota, and Atlas Honda car prices increased after mini-budget. Car prices in Pakistan are not going to be stable for a long time. Atlas Honda notifies that the new hike prices of cars will be on board from 21st January 2022.
Honda Car Prices
Honda Pakistan offers a variety of cars Honda City is a very popular car in Pakistan and the price of Honda City 1.2L MT and Honda City 1.2L CVT is remains the same. The company has increased prices of all car variants which Honda Civic gets an increase of Rs 126,000. Here are the new prices of Honda Cars:
Honda City
Honda City 1.5L CVT price increased from Rs 3,069,000 to Rs 3,146,000. The change of Rs 77,000.
Honda City 1.5L Aspire M/T price increased by Rs 80,000. The new price is Rs3,279,000 and the old price was Rs 3,199,000.
Honda City 1.5L Aspire CVT price hiked by Rs 85,000 and the new price is Rs 3,454,000 and old price was Rs 3,369,000
The rest of the two models Honda City 1.2L MT and CVT price remain unchanged.
Honda Civic
Honda Civic is a heavy-engine car and it gets a massive hike in price. See the new prices and change prices of Honda Civic variants:
Honda Civic 1.8L VTI CVT price hiked by Rs 100,000. The new price of a car is Rs 4,079,000 and the previous rate was Rs 3,979,000.
Honda Civic VTI CVT SR will now be available at Rs 4,366,000 as the previous price was Rs 4,259,000. The price increase by Rs107,000.
Honda Civic 1.5L Turbo Rs will now cost you Rs5,175,000 not at the previous rate of Rs 5,049,000. The price increased by Rs 126,000.
Honda BR-V
Honda BR-V is the only 7-seater car by Honda in Pakistan. The car price has been increased by Rs 90,000. Now the car will cost you Rs 3,689,000 and the previous rate was Rs 3,599,000.
What Factors Affect Car Prices
In the last couple of years, Pakistan’s local automobile dealers increased car prices. The reasons they mentioned on price hike notification are the unstable rate of International Currency (Dollar), freight cost, and extra taxes imposed by the government. However, the sky rocking car prices do not still affect the car’s sales.
Conclusion
The huge increase in prices never affects the sale of cars in Pakistan. Car buying is still happening with large demand. Maybe the buying of customers can affect the sale. We can force the automakers to decrease car prices by stopping the buying of cars.
