Tag: honda car prices

  • Honda reduces car prices to pass on the forex impact

    Honda reduces car prices to pass on the forex impact

    Honda Atlas Cars Limited (HACL) has reduced the prices of its entire lineup, like its rival Toyota.

    According to a notification from the automaker, the latest price reduction is an outcome of the Pakistani rupee’s strengthening versus the US dollar, and the company wants to pass on the forex impact to its “valued” customers.

    Here are the new prices of Honda cars in Pakistan, effective from August 17:

    Model  Old invoice New price Decrease
    City Manual 1.2L Rs4,049,000 Rs3,769,000 Rs280,000
    City CVT 1.2L Rs4,199,000 Rs3,899,000 Rs300,000
    City CVT 1.5L Rs4,439,000 Rs4,139,000 Rs300,000
    City Aspire Manual 1.5L Rs4,609,000 Rs4,299,000 Rs310,000
    City Aspire CVT 1.5L Rs4,799,000 Rs4,479,000 Rs320,000
    BR-V CVT S Rs5,299,000 Rs4,939,000 Rs360,000
    Civic 1.5L M CVT Rs6,799,000 Rs6,349,000 Rs450,000
    Civic 1.5L Oriel M CVT Rs7,099,000 Rs6,599,000 Rs500,000
    Civic RS 1.5L LL CVT Rs8,099,000 Rs7,549,000 Rs550,000
    Honda Cars Latest Price List – August 2022

    Despite the most recent drop, the ‘cheapest’ Honda car still costs more than Rs3.7 million, making it out of reach for low-income individuals.

  • Honda raises car prices by up to Rs1.45 million

    Honda raises car prices by up to Rs1.45 million

    Following the footsteps of Toyota and KIA, Honda Atlas Cars Limited (HACL) has increased the price of its vehicles. The automaker has attributed the biggest increase to growing raw material prices and the weakening of the local currency against US dollar.

    The revised pricing go into effect on July 30, 2022. They apply to all orders placed beginning on July 30, 2022, and further forward.

    All orders that are due by August 2022 or for which full payment was received by July 29, 2022, will be subject to the previous pricing.

    Here are the new prices for all variants from Honda:

    Variant Old Invoice (Rs) New Prices (Rs) Difference (Rs)
    City 1.2L MT 3,264,000 4,049,000 785,000
    City 1.2L CVT 3,389,000 4,199,000 810,000
    City 1.5L CVT 3,589,000 4,439,000 850,000
    1.5 L Aspire MT 3,729,000 4,609,000 880,000
    1.5 L Aspire CVT 3,899,000 4,799,000 900,000
    Civic 1.5T M-CVT 5,549,000 6,799,000 1,250,000
    Civic Oriel 1.5T M-CVT 5,799,000 7,099,000 1,300,000
    Civic 1.5T RS LL-CVT 6,649,000 8,099,000 1,450,000
    BR-V 1.5 iVTEC S 4,249,000 5,299,000 1,050,000
    Latest Honda Car Prices in Pakistan

    It is worth noting that these hikes from Toyota and Honda are the biggest price increase in the auto market’s history. Honda’s premium sedan Honda Civic is now priced as high as Rs8.1 million.

    Additionally, the base trim of the Honda City now starts at more than Rs4 million, which has the general public in disbelief.

    Experts predict that the Pakistani rupee will most likely decline even further, which suggests that the price of cars may witness more revisions in the coming months.