Peugeot Pakistan has announced a price reduction of PKR 100,000 on its Peugeot 2008 models, effective from March 8, 2024. This reduction applies specifically to full payment bookings.
However, this reduction in prices is accompanied by a contrasting decision to increase prices for those preferring easy monthly installments, which will be implemented from April 1, 2024.
While the company has not provided explicit reasoning behind these pricing adjustments, it is speculated that they are aimed at maintaining competitiveness and adapting to the evolving market conditions.
Here is the breakdown of the revised prices for Peugeot 2008 models:
For full payment bookings:
The ex-factory price of the Peugeot 2008 Active has been slashed to PKR 6,950,000 from its previous rate of PKR 7,050,000, reflecting a notable reduction of PKR 100,000.
Similarly, the ex-factory price of the Peugeot 2008 Allure has been adjusted to PKR 7,700,000 from its earlier price of PKR 7,800,000, indicating a price drop of PKR 100,000.
Conversely, for easy monthly installment bookings:
The ex-factory price of the Peugeot 2008 Active has been raised to PKR 7,550,000 from its previous level of PKR 7,050,000, signaling an increase of PKR 500,000.
Likewise, the ex-factory price of the Peugeot 2008 Allure has been elevated to PKR 8,300,000 from its prior rate of PKR 7,800,000, denoting a rise of PKR 500,000.
Terms and Conditions:
Invoicing for customer orders from March 8, 2024, will reflect the revised ex-factory prices.
New customer orders made through the LMC system starting March 8, 2024, will be fulfilled at the adjusted ex-factory price.
Ex-factory prices do not include freight and insurance charges.
Any new or additional government duties and taxes applicable at the time of delivery will be the responsibility of the customer.
The decision to slash prices by PKR 100,000 on the Peugeot 2008 models underlines Peugeot Pakistan’s commitment to offering competitive pricing and enhancing affordability for customers.
This price reduction specifically targets customers opting for full payment bookings, providing them with an attractive incentive to purchase Peugeot vehicles.
This move by Peugeot Pakistan aims to attract customers through reduced upfront costs, while adjusting prices for installment plans to align with market dynamics.