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Home Auction Sheet

Honda Reduced Its Car Prices

Andleeb Sidhu by Andleeb Sidhu
July 9, 2021
in Auction Sheet
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Honda Reduced Its Car Prices
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Overview

Honda announced a reduction in car prices, and this time it’s not fake news. Atlas Honda officially announced that the company has reduced its car prices due to the relief in FED by the government. The reduction in taxes by the government is to encourage the sale with low prices. Pakistan automotive industry survives in crisis for the last couple of years. In the new Auto Policy (202-2026) government reduced the percentage of FED that is the reason for automakers to decrease their car prices. Moreover, not only Honda reduced Car prices Toyota and other automakers also announced the prices reduction of their cars.

Overview

Also Checkout: What Is The Expected Date Of Honda City New Generation Launching

Honda Civic

Honda reduced the price of Honda Civic all variants. Honda Civic is a sharp style high-performance car that is the highly demanded car in Pakistan. From the last couple of years, the Honda Civic sale was down due to the additional FED in the Auto Policy (2016-2021). Now the decrease price news will attract its customer and encourage the sale. Here are the new prices of Honda Civic variants:

 

Variants Old Prices New Prices Difference
Civic RS Turbo 1.5 4,699,000 4,564,000 135,000
Civic i-VTEC CVT1.8 3,729,000 3,614,000 115,000
Civic Oriel i-VTEC CVT 1.8 3,979,000 3,864,300 115,000

Honda Civic

Also Checkout: Auto Policy For Next Five Years Announced With Reduction In Tax

Honda BR-V

 

Honda BR-V is another most demanded car in Pakistan. The vehicle is very comfortable for family drives and trips. The price of the vehicle was reduced by up to Rs105,000. Honda BR-V-V i-VTEC S A/T old price was Rs3,479,000 and the company has reduced Rs105,000 and the new price is 3,374,000.

Honda BR-V

Also Checkout: How To Take Care Car Tyres In Summer

Conclusion

The sale of vehicles is going to increase because the reduction in car prices always attracts customers. It is after a very long time in Pakistan that automakers reduced car prices. Car prices in Pakistan affect when the rate of the dollar not stable or government increase the taxes on vehicles. This time dollar is stable for the last couple of months and the government has also announced a reduction in taxes.

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