Honda Atlas Cars Pakistan has announced to increase Honda car prices up to Rs1 million. The revised prices of Honda vehicles have been effective from March 14, 2023.
Honda raised the car prices after imposition of 25 per cent sales tax on cars with engine capacity of 1400cc and above.
FBR issued the following list containing details of locally manufactured cars on which sales tax at 25 per cent will be applied.
- Locally manufactured or assembled SUVs and CUVs.
- Locally manufactured or assembled vehicles having engine capacity of 1400cc and above.
- 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 Honda, compelling it to increase retail selling prices and pass on the burden to market.
Following are increased prices of Honda City:
The revised price of Honda City 1.2Ls MT is increased by Rs220,000 to Rs4,799,000 as compared to previous price tag of Rs4,579,000.
The revised price of Honda City 1.2LS CVT is increased by Rs200,000 to Rs4,929,000 as compared to previous price of Rs4,729,000.
The revised price of Honda City 1.5LS CVT is increased by Rs530,000 to Rs5,549,000 as compared to previous price tag of Rs5,019,000.
The revised price of Honda City Aspire 1.5LAS MT is increased by Rs530,000 to Rs5,759,000 as compared to previous price tag of Rs5,229,000.
The revised price of Honda City Aspire 1.5LAS CVT is increased by Rs560,000 to Rs5,979,000 as compared to previous price tag of Rs5,419,000.
Following are increased price of Honda BR-V:
The revised prices of Honda BR-V CVT S is increased by Rs580,000 to Rs6,529,000 as compared to previous price tag of Rs5,949,000.
Following are increased prices of Honda HR-V:
The revised price of Honda HR-V VTI is increased by Rs700,000 to Rs7,899,000 as compared to previous price tag of Rs7,199,000.
The revised price of Honda HR-V VTI S is increased by Rs800,000 to Rs8,199,000 as compared to previous price tag of Rs7,399,000.
Following are increased price of Honda Civic:
The revised price of Honda Civic Standard is increased by Rs820,000 to Rs8,599,000 as compared to previous price tag of Rs7,779,000.
The revised price of Honda Civic Oriel is increased by Rs850,000 to Rs8,949,000 as compared to previous price tag of Rs8,099,000.
The revised price of Honda Civic RS is increased by Rs1,000,000 to Rs10,199,000 as compared to previous price tag of Rs9,199,000.
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