Honda car prices are going higher than higher. In this current situation, there is no hope if we think that car prices will be under control. Honda has increased 3rd times prices of its vehicles in one month. Since 24th January 2023 the company has increased the prices of its vehicles and the Honda civic new price is up to 92 lacs.
Honda Car prices increased Reason
Rising inflation and declining economic indicators have resulted in yet another price increase. The notification of the Honda car price increase follows the rise of fuel commodity prices.
Even though the company has highlighted the depreciation of the Pakistani rupee against the US dollar, the unpredictable economic situation, and the rise in sales tax as the key reasons for this Honda car prices increase.
The following are the new prices, which go into effect on February 18:
New Honda City Car Prices
| Model | Old Price | New Price | Difference |
| City M/T 1.2L | 4,329,000 | 4579000 | 250000 |
| City CVT 1.2L | 4,469,000 | 4,729,000 | 260,000 |
| City CVT 1.5L | 4,739,000 | 5,019,000 | 280,000 |
| City Aspire M/T 1.5L | 4,939,000 | 5,229,000 | 290,000 |
| City Aspire CVT 1.5L | 5,119,000 | 5,419,000. | 300,000 |
New Honda BR-V Price
| Model | Old Price | New Price | Difference |
| BR-V CVT S | 5,649,000 | 5,949,000 | 300,000 |
New Honda HR-V Price
| Model | Old Price | New Price | Difference |
| HR-V VTi 1.5 | 6,799,000 | 7,199,000 | 400,000 |
| HR-V VTi S 1.5 | 6,999,000 | 7,399,000 | 400,000 |
New Honda Civic Price
| Model | Old Price | New Price | Difference |
| Civic 1.5T M-CVT | 7,299,000 | 7,779,000 | 480,000 |
| Civic Oriel 1.5T M-CVT | 7,599,000 | 8,099,000 | 500,000 |
| Civic RS 1.5T LL-CVT | 8,649,000 | 9,199,000 | 550,000 |
Conclusion
Continuous price increases will be the reason for a drop in vehicle and bike sales in recent months. New and used bikes were the more reliable and affordable alternative for a daily commuter, but at the current price of petrol, it’s tough to make ends meet. Automobile prices are out of reach for most employees, and purchasing a car appears to be a pipe dream.
