Honda Civic is leading the price market in Pakistan as it is on of the favourite cars available in the market. But the sales of one of pakistan favorite car is dropped to ZERO in a month as the price of Honda Civic crossed the 1 crore Mark last month. The way Government is imposing taxes, Honda Civic price in Pakistan crossed the 1 Crore (10 Million) mark in April.
Atlas Honda Vehicles Due to a rise in sales taxes and the Pakistani rupee’s depreciation against the US dollar, Pakistan has seen an increase in car prices. From February 18, 2023, Honda car prices were be revised. But IMF did not approve the Staff Level Agreement yet so it is expected that Honda Civic price will cross the 1 crore mark soon.
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As part of the reforms linked to the International Monetary Fund’s Ninth Review, the federal cabinet passed the Finance Supplementary Bill 2023, which permits an increase in the general sales tax to 18% and extra taxes on luxury goods.
Honda Pakistan has found it exceedingly challenging to maintain the current retail selling prices due to the unstable economic climate and the depreciation of the local currency. As a result, the company has chosen to pass on the effect to the market.
Honda Civic Price in Pakistan after 18 February
In comparison to the prior asking price of Rs. 7,299,000, the revised Honda Civic Standard price has increased by Rs. 480,000 and now the Honda Civic Price in Pakistan is Rs. 7,779,000.
In comparison to the prior asking price of Rs. 7,599,000, the Honda Civic Oriel’s revised price has increased by Rs. 500,000 and now the Honda Civic 2023 price in Pakistan is Rs. 8,099,000.
In comparison to the prior asking price of Rs. 8,649,000, the revised Honda Civic RS price is increased by Rs. 550,000 and now the Honda Civic 2023 price in Pakistan Rs. 9,199,000 and this price is expected to cross the 1 crore mark soon.
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Honda City Price in Pakistan
In comparison to the prior asking price of Rs. 4,329,000, the revised price of the Honda City 1.2Ls MT has increased by Rs. 250,000 to Rs. 4,579,000.
In comparison to the prior price of Rs. 4,469,000, the revised price of the Honda City 1.2LS CVT is now Rs. 260,000 higher at Rs. 4,729,000.
In comparison to the prior asking price of Rs. 4,739,000, the revised price of the Honda City 1.5LS CVT has increased by Rs. 280,000 to Rs. 5,019,000.
When compared to the prior price of Rs. 4,939,000, the revised price of the Honda City Aspire 1.5LAS MT is now Rs. 5,229,000, an increase of Rs. 290,000.
Honda City Aspire 1.5LAS CVT’s new price has increased by Rs. 300,000 from its prior price of Rs. 5,119,000 to Rs. 5,419,000.