Honda Atlas Cars Pakistan has increased the car prices on account of hike in sales tax and devaluation of Pakistani Rupee against US Dollar. The revised prices of Honda vehicles are effective from February 18, 2023.
The federal cabinet approved the Finance Supplementary Bill 2023 allowing increase in general sales tax to 18 per cent and additional taxes on luxury items as part of the reforms related to the International Monetary Fund’s Ninth Review.
The uncertain economic situation and devaluation of local currency has made it extremely difficult for Honda Pakistan to hold the current retail selling prices and therefore, the company has decided to pass on the impact to the market.
Following are increased prices of Honda City:
The revised price of Honda City 1.2Ls MT is increased by Rs250,000 to Rs4,579,000 as compared to previous price tag of Rs4,329,000.
The revised price of Honda City 1.2LS CVT is increased by Rs260,000 to Rs4,729,000 as compared to previous price of Rs4,469,000.
The revised price of Honda City 1.5LS CVT is increased by Rs280,000 to Rs5,019,000 as compared to previous price tag of Rs4,739,000.
The revised price of Honda City Aspire 1.5LAS MT is increased by Rs290,000 to Rs5,229,000 as compared to previous price tag of Rs4,939,000.
The revised price of Honda City Aspire 1.5LAS CVT is increased by Rs300,000 to Rs5,419,000 as compared to previous price tag of Rs5,119,000.
Following are increased price of Honda Civic:
The revised price of Honda Civic Standard is increased by Rs480,000 to Rs7,779,000 as compared to previous price tag of Rs7,299,000.
The revised price of Honda Civic Oriel is increased by Rs500,000 to Rs8,099,000 as compared to previous price tag of Rs7,599,000.
The revised price of Honda Civic RS is increased by Rs550,000 to Rs9,199,000 as compared to previous price tag of Rs8,649,000.
Following are increased price of Honda BR-V:
The revised prices of Honda BR-V CVT S is increased by Rs300,000 to Rs5,949,000 as compared to previous price tag of Rs5,649,000.
Following are increased prices of Honda HR-V:
The revised price of Honda HR-V VTI is increased by Rs400,000 to Rs7,199,000 as compared to previous price tag of Rs6,799,000.
The revised price of Honda HR-V VTI S is increased by Rs400,000 to Rs7,399,000 as compared to previous price tag of Rs6,999,000.