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Hyundai car prices increased two times a week. Whilst, the GST only increased one time in this period. Hyundai Nishat Motor (pvt) Limited changed the prices once the GST increased from 17% to 18% and now the company has also hiked the rate of its vehicles.
It seems Hyundai is following the KIA and revised prices on back-to-back notice. Hyundai car prices increased first time on 22 February 2023 in this week.
Reason for Hyundai Car Price Increase
Hyundai has blamed the rise in GST percentage and fluctuation of the USD against PKR. Moreover, officials of Hyundai mentioned, “We are forced to pass partial pressure on customers due to the CKD unit cost”.
The company has announced the new rates for its cars and mentioned the new rates will be imposed on all new orders for April 2023 deliveries and onwards.
Hyundai Cars New Price
Here are the Hyundai car prices according to the new price jump.
New Elantra Price
Hyundai offers two variants of Elantra and both are now available at new rates.
- Hyundai Elantra 1.6-liter received a jump of Rs. 100,000. As per this, price is changed from Rs. 5,749,000 to Rs. 5,849,000.
- Elantra 2.0-liter price raised from Rs. 6,154,000 to Rs. 6,349,000. According to this, the price has seen a jump of Rs, 195,000.
Sonata Car New Prices
Hyundai Sonata is also available in two different variants.
- Hyundai Sonata 2.0-liter old price was Rs. 8,724,000 but after the increase of Rs. 405,000, now its costs you Rs. 9,129,000.
- Hyundai Sonata 2.5-liter rate is hiked by Rs. 455,000 and the price is changed from Rs. 9,484,000 to Rs. 9,939,000.
Tucson New Rate
- Hyundai Tucson FWD is now available for Rs. 7,569,000 against the old price was Rs. 7,464,000. The change of Rs. 105,000 happened.
- Hyundai Tucson AWD cost reaches to Rs. 8,169,000 after a jump of R. 200,000 in the old rate of Rs. 7,969,000.
New Price of Porter H-100
Porter H-100 is available in three different variants. The prices of all variants have changed as Hyundai has mentioned.
- Porter H-100 Deckless used to cost Rs. 3,388,000 but after the recent increase of Rs. 201,000, now it costs you Rs. 3,589,000.
- Similarly, Porter H-100 Flat Deckless price raised by Rs. 201,000, as per this the price increased from Rs. 3,408,000 to Rs. 3,609,000.
- Porter all variants price increased with same number Rs. 201,000. The top variant Porter H-100 High Deck is now available for Rs. 3,629,000 instead of Rs. 3,428,000.
Terms & Condition
- The old prices will be applied on all full payment orders of February deliveries with the full payment instrument till February 28,2023.
- Old prices are applicable on all orders for March 2023 delivery on condition the customer will pay the full amount with the instrument dated within 5 working days.
- Previous prices are applicable for all partial payment orders as of February 28, 2023 (delivery schedule for March 2023 or before) but on the condition, if customer clears the remaining amount within 5 working days, i.e March 7 to cleared by March 14, 2023. Otherwise, new prices will be applicable.
- New rates are imposed on corporate/fleet/govt orders with quotations acknowledged by the dealership till February 28, 2023.
- The ex-factory Faislabad prices are inclusive of FED, Sales Tax, and dealer’s commission.
- If any new updates announced by the government levies (FED, CVT, etc), import policies, fiscal policies, tariffs etc. will be applicable and customers will pay at the time of delivery.
- The company reserves the right to change prices without prior notice.
- The price is exclusive of transportation, transit insurance charges, etc.
