Tag: price list

  • Suzuki Swift GLX now costs more than Rs4.1 million after recent price hike of Rs355,000

    Suzuki Swift GLX now costs more than Rs4.1 million after recent price hike of Rs355,000

    As expected, Pak Suzuki Motor Company (PSMC) has announced a price hike for all cars after Toyota Indus Motor Company (IMC) and Honda Atlas Cars Limited (HACL).

    The revised retail sale prices will come into effect from January 25, 2023, according to PSMC.

    Here are the new prices:

    Model Old Price (Rs) New Price (Rs) Increase (Rs)
    Alto VX 1,699,000 1,859,000 160,000
    Alto VXR  1,976,000 2,156,000 180,000
    Alto VXR AGS  2,120,000 2,310,000 190,000
    Alto AGS 2,223,000 2,423,000 200,000
    Wagon R VXR  2,421,000 2,629,000 208,000
    Wagon R VXL  2,564,000 2,789,000 225,000
    Wagon R AGS  2,802,000 3,059,000 257,000
    Cultus VXR  2,754,000 3,039,000 285,000
    Cultus VXL  3,024,000 3,339,000 315,000
    Cultus AGS  3,234,000 3,569,000 335,000
    Swift GL MT 3,180,000 3,479,000 299,000
    Swift GL CVT 3,420,000 3,742,000 322,000
    Swift GLX CVT 3,760,000 4,115,000 355,000
    Ravi  1,424,000 1,539,000 115,000
    Ravi w/o Deck  1,349,000 1,464,000 115,000
    Bolan Van  1,500,000 1,619,000 119,000
    Bolan Cargo 1,487,000 1,606,000 119,000

    Surprisingly, the automaker has announced the highest price increase for its flagship hatchback, the Suzuki Swift GLX variant, which will now be sold for Rs4.115 million, a Rs355,000 increase from its previous price of Rs3.760 million. 

    Read more: Honda cars latest prices

    According to the notification from PSMC, the revised retail prices include the FED and sales tax but exclude advance income tax, with another condition that the prices are subject to change without notice at the time of delivery.

  • Honda Civic RS now costs Rs8.1 million after the latest price hike

    Honda Civic RS now costs Rs8.1 million after the latest price hike

    Honda Atlas Cars Limited (HACL) on Monday increased prices across its entire line-up, with the hike going as high as Rs550,000 for the popular Honda Civic RS. The automaker cited exchange rate volatility and an increase in production costs as the reasons behind the latest price revision.

    “Keeping in view the uncertain economic conditions, inflation in material costs, and volatility of forex, HACPL was compelled to pass part of this adverse impact through a price increase,” Honda said in a notice sent to dealerships.

    Here are the new prices:

    Variants Old Prices New Prices Difference
    City MT 1.2L Rs3,769,000 Rs4,069,000 Rs300,000
    City CVT 1.2L  Rs3,899,000 Rs4,199,000 Rs300,000
    City CVT 1.5L  Rs4,139,000 Rs4,449,000 Rs310,000
    City Asp MT 1.5L Rs4,299,000 Rs4,629,000 Rs330,000
    City Asp CVT 1.5L Rs4,479,000 Rs4,799,000 Rs320,000
    BR-V CVT S Rs4,939,000 Rs5,299,000 Rs360,000
    HR-V VTI Rs5,999,000 Rs6,399,000 Rs400,000
    HR-V-VTI S Rs6,199,000 Rs6,599,000 Rs400,000
    Civic 1.5L M CVT Rs6,349,000 Rs6,849,000 Rs500,000
    Civic 1.5L Oriel M CVT Rs6,599,000 Rs7,099,000 Rs500,000
    Civic RS 1.5LL CVT Rs7,549,000 Rs8,099,000 Rs550,000

    The new prices are applicable as of January 23, 2023.

    Honda City variants’ prices have been raised from Rs300,000 to Rs330,000. The base model of the City (Manual) 1.2L witnessed its price increase from Rs3.769 million to Rs4.069 million.

    The price of the Honda City Aspire Manual 1.5L rose from Rs4.139 million to Rs4.449 million.

    Honda Atlas raised the price of the Honda BR-V CVT S by Rs360,000 to Rs5.299 million. Additionally, the price of Honda HR-V variants rose by Rs400,000. HR-V VTI and HR-V VTI S models now cost Rs6.399 million and Rs6.599 million, respectively, after the latest price increase.

    Read more: Suzuki cars latest prices

    The company jacked up the price of popular Honda Civic variants by Rs500,000 to Rs550,000. The price of the Civic RS 1.5L LL CVT rose from Rs7.549 million to Rs8.099 million.

    Earlier, Toyota Indus Motor Company also increased prices across its entire lineup with a hike in the range of Rs280,000 to Rs1,210,000.

  • Changan is not reducing the price of Alsvin variants

    Changan is not reducing the price of Alsvin variants

    With the exception of Alsvin, Changan has announced price reductions for all locally assembled vehicles.

    While Changan and every other brand in Pakistan increased the price of automobiles to an all-time high, it appears that the Chinese manufacturer has noted that Alsvin variants were far less expensive and still seemed like a good option for local car buyers as compared to other sedans from top brands.

    Here are the new prices for Changan vehicles:

    Model Old invoice New price Reduction
    Oshan X7 Comfort Rs7,449,000 Rs7,049,000 Rs400,000
    Oshan X7 FutureSense Rs7,749,000 Rs7,549,000 Rs200,000
    Karvaan Standard Rs2,469,000 Rs2,419,000 Rs50,000
    Karvaan Plus Rs2,619,000 Rs2,569,000 Rs50,000
    Alsvin Comfort Rs3,394,000    
    Alsvin DCT  Rs3,649,000    
    Alsvin Lumiere DCT  Rs3,844,000    
    Changan New Car Prices in Pakistan – 19 August 2022

    Oshan X7 Comfort’s price has been significantly reduced by Changan and is currently available for Rs7,049,000 as opposed to its earlier invoice of Rs7,449,000. This indicates a price reduction of Rs400,000.

  • 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.

  • Suzuki slashes prices of all locally assembled vehicles

    Suzuki slashes prices of all locally assembled vehicles

    Pak Suzuki Motor Company (PSMC) has announced a price cut for all vehicles following Toyota. The latest decline in car prices is attributed to the strengthening of the Pakistani rupee against the US dollar.

    Here’s the latest price list of all Pak Suzuki cars:

    Vehicle Old Price New Prices Reduction
    Alto
    Alto VX Rs1,789,000 Rs1,699,000 Rs90,000
    Alto VXR Rs2,079,000 Rs1,976,000 Rs103,000
    Alto VXL Rs2,399,000 Rs2,223,000 Rs116,000
    Wagon R
    Wagon R VXR Rs2,549,000 Rs2,421,000 Rs128,000
    Wagon R VXL Rs2,699,000 Rs2,564,000 Rs135,000
    Wagon R AGS Rs2,949,000 Rs2,802,000 Rs147,000
    Cultus
    Cultus VXR Rs2,879,000 Rs2,754,000 Rs125,000
    Cultus VXL Rs3,164,000 Rs3,024,000 Rs135,000
    Cultus AGS Rs3,379,000 Rs3,234,000 Rs145,000
    Swift
    Swift GL M/T Rs3,349,000 Rs3,180,000 Rs169,000
    Swift GL CVT Rs3,599,000 Rs3,420,000 Rs179,000
    Swift GLX CVT Rs3,959,000 Rs3,760,000 Rs199,000
    Bolan and Ravi
    Ravi Rs1,499,000 Rs1,349,000 Rs75,000
    Bolan VX Rs1,579,000 Rs1,500,000 Rs79,000
    Bolan Cargo Rs1,566,000 Rs1,487,000 Rs79,000
    Pak Suzuki Latest Car Prices in Pakistan 2022 – 16 August 2022

    Suzuki Swift’s price has decreased significantly by Rs199,000 compared to all other vehicles. The top Suzuki Swift GLX CVT variant will now be sold for Rs3.760 million as compared to its earlier price of Rs3.959 million.

    Read more: Toyota announces price cut for all vehicles

    The Suzuki Ravi Pickup saw the smallest drop in cost, dropping from Rs1.499 million to Rs1.349 million after a tiny reduction of Rs75,000.

  • This Apple Watch Series 7 clone costs less than Rs2,000

    This Apple Watch Series 7 clone costs less than Rs2,000

    On Pakistani online marketplaces, there are a number of replicas that are so similar to the original product that a layperson would have a hard time telling the difference.

    Apple Watch clone smartwatches, which are significantly less expensive than the original Apple Watch, are one of the most popular products in online marketplaces like OLX and Daraz.

    Here is the cheapest Apple Watch Series 7 copy version currently available on Daraz with a price tag of just Rs1,899:

    The seller claims that the ‘I7Pro Max IWO13 PRO’ is an IP67-resistant watch with a heart-rate monitoring system and 1.8-inch ‘HD’ screen. It is currently one of the cheapest Apple Series 7 clone smartwatch available in Pakistan.

    These smartwatches come in a variety of model numbers and brand names, and most of them are made in China.

    Lower grade replicas are more affordable ones. Smartwatches costing more than Rs5,000 can be thought of as slightly superior to ones costing less than Rs4,000.

    Read more: Cheapest new cars to buy in Pakistan

    The most intriguing thing is that despite many online shoppers knowing that these affordable watches don’t offer good quality or features, they continue to purchase them since the original Apple Watch Series 7 has a starting price of Rs90,000, which is significantly higher than what an average consumer can afford.

  • Pak Suzuki increases motorcycle prices for all models

    Pak Suzuki increases motorcycle prices for all models

    Pak Suzuki has once again announced a rise in prices across the board due to the depreciation of the Pakistani rupee (PKR), much like all of its two-wheeler rivals in the Pakistani market.

    The majority of motorcycle consumers are no longer able to afford the motorcycles due to price increases. Unfortunately, the only option left for the locals is the Chinese bike, which has become more expensive and of lower quality.

    Here are Suzuki motorcycles’ most recent prices:

    Variant Old Invoice New Price Increase
    Suzuki GD-110S Rs219,000 Rs229,000 Rs10,000
    Suzuki GS-150 Rs239,000 Rs251,000 Rs12,000
    Suzuki GS-150 SE Rs256,000 Rs271,000 Rs15,000
    Suzuki GR-150 Rs349,000 Rs365,000 Rs16,000
    Pak Suzuki Motorcycles Latest Price List August 2022

    In comparison to its earlier price of Rs349,000, the Suzuki GR-150 150cc model saw the largest price increase of Rs16,000; the bike now costs Rs365,000.

    It’s important to note that since the start of the year, Pak Suzuki has announced four price increases. In addition to motorbikes, Pak Suzuki also announced a price rise for its car lineup.

    Many assemblers have reported running out of production-critical materials, which the majority of automakers have mostly attributed to the ongoing decline of the Pakistani rupee versus the US dollar.

  • Toyota announces a massive price increase for all vehicles

    Toyota announces a massive price increase for all vehicles

    Toyota Indus Motor Company (IMC) has announced a massive price increase for all of its completely knocked down (CKD) units.

    Here are the new prices:

    Model Old Price (Rs) New Price (Rs) Total Increase (Rs)
    Toyota Yaris
    1.3 Gli M/T 3,039,000 3,799,000 760,000
    1.3 Gli CVT 3,249,000 4,039,000 790,000
    1.3 ATIV M/T 3,209,000 3,999,000 790,000
    1.3 ATIV CVT 3,379,000 4,209,000 830,000
    1.5 ATIV X M/T 3,449,000 4,309,000 860,000
    1.5 ATIV X CVT 3,659,000 4,569,000 910,000
    Toyota Corolla
    Altis 1.6 M/T 3,909,000 4,899,000 990,000
    Altis 1.6 A/T 4,099,000 5,139,000 1,040,000
    Altis SE 1.6 A/T 4,509,000 5,639,000 1,130,000
    Altis 1.8 CVT 4,499,000 5,679,000 1,180,000
    Altis 1.8 Grande CVT Beige Interior 4,859,000 6,149,000 1,290,000
    Altis 1.8 Grande CVT Black Interior 4,899,000 6,189,000 1,290,000
    Toyota Hilux
    Revo G 2.8 M/T 7,989,000 9,819,000 1,830,000
    Revo G 2.8 A/T 8,379,000 10,299,000 1,920,000
    Revo V 2.8 A/T 9,229,000 11,349,000 2,120,000
    Revo Rocco 9,729,000 11,999,000 2,270,000
    Toyota Fortuner
    Fortuner G A/T 9,959,000 12,489,000 2,530,000
    Fortuner V A/T 11,459,000 14,279,000 2,820,000
    Fortuner Sigma 4 A/T 12,039,000 15,069,000 3,030,000
    Fortuner Legender 12,679,000 15,839,000 3,160,000
    Latest Toyota Price List

    After declining for 10 straight sessions in the interbank market as the country’s foreign exchange reserves continued to shrink, the Pakistani rupee managed to make a small gain of a few paisas against the US dollar.

    Read more: Cheapest new cars in Pakistan

    The ongoing depreciation of the local currency has shown a significant negative impact on the purchasing power of the masses.

  • Getting a new car? Check out the new advance tax imposed on your favourite vehicle

    Getting a new car? Check out the new advance tax imposed on your favourite vehicle

    The government has released the fiscal budget for 2022-23, which includes several changes, including a 200 per cent advance tax on the purchase of cars with engine displacements greater than 1600cc for non-filers.

    This decision is likely to possess a considerable effect on the sales of several cars in Pakistan, which have already witnessed multiple price hikes in previous months. The tax amount for non-filers has now been doubled, which will have an influence on new car sales, particularly those with larger engines.

    The advance tax will now be applicable to several famous vehicles that have dominated the auto industry for years now from well-known manufacturers, including old players like Honda and Toyota, as well as new players like Hyundai, Kia, DFSK and BAIC.

    Taxes for filer and non-filer

    Toyota Corolla Altis Grande, 1800cc, ranges from Rs4,499,000-4,859,000, Tax for filer: Rs150,000, Tax for non-filer: Rs300,000

    Hyundai Elantra GLS, 2000cc, priced at Rs4,949,000, Tax for filer: Rs200,000, Tax for non-filer: Rs400,000

    Hyundai Tucson, 2000cc, ranges from Rs5,799,000-6,299,000, Tax for filer: Rs200,000, Tax for non-filer: Rs400,000

    Hyundai Sonata 2.0, 2000cc, priced at Rs6,999,000, Tax for filer: Rs200,000, Tax for non-filer: Rs400,000

    DFSK Glory 1.8 CVT, 1800cc, priced at Rs5,159,000, Tax for filer: Rs150,000, Tax for non-filer: Rs300,000

    Kia Sportage, 2000cc, priced at Rs5,300,000-6,300,000, Tax for filer: Rs200,000, Tax for non-filer: Rs400,000

    BAIC BJ40, 2000cc, priced at Rs8,199,000, Tax for filer: Rs200,000, Tax for non-filer: Rs400,000

    Hyundai Sonata 2.5, 2500cc, priced at Rs7,849,000, Tax for filer: Rs300,000, Tax for non-filer: Rs600,000

    Kia Sorento, 2400cc, ranges from Rs6,836,000-7,499,000, Tax for filer: Rs300,000, Tax for non-filer: Rs600,000

    Toyota Fortuner, 2700-2800cc, ranges from Rs9,959,000-12,679,000, Tax for filer: Rs400,000, Tax for non-filer: Rs800,000

    Toyota Hilux, 2800cc, ranges from Rs7,359,000-9,729,000, Tax for filer: Rs400,000, Tax for non-filer: Rs800,000

    Isuzu D-Max V-Cross, 3000cc, ranges from Rs6,600,000-6,960,000, Tax for filer: Rs400,000, Tax for non-filer: Rs800,000

    Kia Sorento V6, 3500cc, ranges from Rs7,499,000, Tax for filer: Rs450,000, Tax for non-filer: Rs900,000

    Local vehicle assemblers are dissatisfied with the new budget, claiming that the government unilaterally raised advance tax on motor vehicles larger than 1,600cc because the industry did not propose it. They claim that the decision is also discriminatory and will reduce auto sales.

    Read more: Energy sector to get a massive portion of the Rs699 billion subsidy

    Advance tax on motor vehicles larger than 1600cc has been doubled, while electric vehicles costing Rs5 million or more will be subject to a 3 per cent tax.