Changan increases car prices after imposition of 25% sales tax

Changan increases car prices after imposition of 25% sales tax

Changan Pakistan has increased the car prices after imposition of 25 per cent sales tax. The revised prices of Changan vehicles have been effective from March 15, 2023.

The experts estimated a massive hike in prices of cars with capacity of 1400CC and above after imposition of sales tax rate at 25 per cent.

FBR issued the following list containing details of locally manufactured cars on which sales tax at 25 per cent will be applied.

  1. Locally manufactured or assembled SUVs and CUVs.
  2. Locally manufactured or assembled vehicles having engine capacity of 1400cc and above.
  3. Locally manufactured or assembled double cabin (4×4) pick-up vehicles.

Moreover, the uncertain economic situation of the country and volatile exchange rate has increased cost of production of Changan, compelling it to increase retail selling prices and pass on the burden to market.

Following are the increased prices for all variants of Changan Oshan X7:

The revised price of Changan Oshan X7 Comfort is increased by Rs480,000 to Rs8,549,000 as compared to previous price tag of Rs8,069,000.

The revised price tag of Changan Oshan X7 FutureSense is increased by Rs520,000 to Rs9,199,000 as compared to previous price tag of Rs8,679,000.

Following are the increased prices for all variants of Changan Alsvin:

The revised price of Changan Alsvin Comfort 1.37L MT is increased by Rs220,000 to Rs4,149,000 as compared to previous price tag of Rs3,929,000.

The revised price of Changan Alsvin DCT Comfort 1.5L is increased by Rs460,000 to Rs4,699,000 as compared to previous price tag of Rs4,239,000.

The revised price of Changan Alsvin Lumiere is increased by Rs400,000 to Rs4,999,000 as compared to previous price tag of Rs4,599,000.

Following are the increased prices for all variants of Changan Karvaan MPV:

The revised price of Changan Karvaan MPV Standard had been increased by Rs30,000 to Rs2,779,000 as compared to previous price tag of Rs2,749,000.

The revised price of Changan Karvaan MPV Plus is increased by Rs70,000 to Rs2,999,000 as compared to previous price tag of Rs2,929,000.

Following is the increased price of Changan M9 Sherpa:

The revised price of Changan M9 Sherpa is increased by Rs60,000 to Rs2,529,000 as compared to previous price tag of Rs2,469,000.

READ MORE: Indus Motors increases car prices after imposition of 25% sales tax