And Now It’s Honda’s Turn to Increase Its Car Prices

And Now It’s Honda’s Turn to Increase Its Car Prices

In Pakistan, car prices go up so quickly that sometimes it’s hard to keep track. It was only recently that Hyundai increased the prices of its lineup, followed by Toyota, Changan and BAIC. Honda was always next in line and it hasn’t “disappointed.”

To know more on the latest car price increase in Pakistan, read these blogs:

Hyundai Car Prices Increase in Pakistan Increased

Another Price Hike! Toyota Car Prices Increased

Honda has increased the prices of its entire CKD lineup by as much as Rs.1,450,000. Yes! The Civic RS will cost you Rs.1,450,000 more. And No! This is not a typo.

Here’s the latest rate list of Honda’s locally-manufactured cars:

ModelOld PriceNew PriceDifference
City 1.2 MT3,264,0004,049,000785,000
City 1.2 CVT3,389,0004,199,000810,000
City 1.5 CVT3,589,0004,439,000850,000
City 1.5 Aspire MT3,729,0004,609,000880,000
City 1.5 Aspire CVT3,899,0004,799,000900,000
BR-V CVT S4,249,0005,299,0001,050,000
Civic Standard5,549,0006,799,0001,250,000
Civic Oriel5,799,0007,099,0001,300,000
Civic RS6,649,0008,099,0001,450,000

These prices go in effect from July 30, 2022. 

Important News for Honda Buyers

There are two important bits of information for you:

  1. If you book a new Honda from July 30, 2022, you’ll have to pay the new price, but
  2. If you have booked a car and paid it in full by July 29, 2022, you will not have to pay extra; old prices will apply on you.

You may also like:

2022 Honda HR-V Price in Pakistan, Specs, and Features

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What to Expect in the Coming Days

Car prices keep on increasing at short intervals of time for a variety of reasons. Some of them are:

  • Restriction on import of CKD kits – Disrupts supply-chain, lowers the number of locally manufactured cars, drives up unemployment, among other things
  • Ban on CBUs – Increases the demand of CKDs and drives up their price
  • 1% CVT on cars 1301cc and above – Increases the cost of buying a new car
  • Rupee devaluation and high sea freight rates 

So, don’t be surprised if Honda and others increase their prices again in a month or so. To keep yourself updated with the latest Honda prices, visit our Honda Page
If you are looking for used Honda cars, look no further than OLX Pakistan.

One response to “And Now It’s Honda’s Turn to Increase Its Car Prices”

  1. It’s not justified. Companies increase their product price because of dollar hike. Contararily, When dollar rate decreases, companies do not decrease their product price.

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