The hike in vehicle prices by Honda Atlas Cars Pakistan Limited (HACLP) was not unexpected as the Pakistani rupee has continued to depreciate against the US dollar (USD to PKR) as the country faces its worst economic crisis in decades and Going through inflation.
In a notification issued by the company on Saturday, Honda Atlas Cars Pakistan Limited (HACPL) announced a price hike for all models, including Honda City, Honda BR-V, Honda Civic, and Honda BR-V. are
“Considering the devaluation of the PKR against the USD, uncertain economic conditions, and high inflation, it has become inevitable to increase the current prices and change the price conditions.” said the company. “However, HACPL has tried its best to minimize impact to valued customers.” he added.
Honda City Price in Pakistan
| variable | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
|---|---|---|---|
| 1.2L City MT | 4,069,000 | 4,329,000 | 260,000 |
| 1.2L City CVT | 4,199,000 | 4,469,000 | 270,000 |
| 1.5L City CVT | 4,449,000 | 4,739,000 | 290,000 |
| 1.5L City Aspire MT | 4,629,000 | 4,939,000 | 310,000 |
| 1.5L City Aspire CVT | 4,799,000 | 5,119,000 | 320,000 |
Honda Civic Price in Pakistan
| variable | OID Price (PKR) | New Price (PKR) | Difference (PKR) |
|---|---|---|---|
| Civic 1.5L Turbo MCVT | 6,849,000 | 7,299,000 | 450,000 |
| Civic Oriel 1.5L Turbo M-CVT | 7,099,000 | 7,599,000 | 500,000 |
| Civic RS 1.5L Turbo LL-CVT | 8,099,000 | 8,649,000 | 550,000 |
Honda BR-V Price in Pakistan
Meanwhile, Honda BR-V price in Pakistan has been increased. 5,649,000 as against previous rate of Rs. 5,299,000, i.e. the price of the vehicle has seen an increase of Rs. 350,000 through Honda Atlas.
Honda HR-V Price in Pakistan
The company has also revised the price of its newly launched Honda HR-V in Pakistan, which is mentioned in the table below.
| variable | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
|---|---|---|---|
| HR-V VTi | 6,399,000 | 6,799,000 | 400,000 |
| HR-V VTi S | 6,599,000 | 6,999,000 | 400,000 |
According to Honda Atlas Cars Pakistan Limited (HACPL), the new Honda car prices in Pakistan will be applicable on all new orders from February 6, 2023 on the following terms.
- All orders placed with EDD up to February 2023 will be invoiced to the previous RSP with full payments (with instrument date up to 11 January 2023).
- Customers with full payment on the 21stSt Jan 2023 and EDD can fetch back value of 23 till Feb 2023rd January 2023.
- If the new order is booked with full payment for City MT 1.2, Aspire MT, Aspire CVT, and BR-V S and if the system EDD remains till February 2023, then customers can get the current price till February 11, 2023 ( Device date up to 11Th February 2023).
- Orders with full payment by the 21st (except Aurel).St January 2023 EDD March 2023 and onwards, now January 2023 value amount needs to be deposited by 11Th February 2023 (up to device date 11) to get current priceTh February 2023).
- These are ex-factory Karachi prices and are inclusive of sales tax, FED, and CVT.
- Orders booked by customers are governed by the terms and conditions of the temporary booking contract signed by customers.
- The above prices are provisional and the price applicable at the time of delivery will be final.
- Committed delivery times may be delayed due to the current uncertain import situation.
- Any additional government tax at the time of delivery will be borne by the customer.
This is a copy of the notice issued by HACLP:
What do you think about the increase in car prices by Honda Atlas Cars Pakistan Limited (HACPL)? Let us know in the comments below.
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