The third wave of car price increases is on! Following the recent price increases by Changan, Suzuki, Honda, Hyundai Nishat motors has also increased the prices of cars.
According to the sources, Hyundai Nishat has increased the car prices by upto Rs.150,000. Below are the new and old prices of all variants of Hyundai cars in Pakistan.
Hyundai Elantra Price Increase in Pakistan
| Model | Old Price (Rs) | New Price (Rs) | Price Difference (Rs) |
| Hyundai Elantra 2.0L | 4,799,000 | 4,949,000 | 150,000 |
Hyundai Nishat Motors has not increased the price of the Hyundai Elantra 1.6L. It costs Rs.4,299,000 in Pakistan. However, the price of Elantra 2.0L has gone up by Rs.150,000.
Hyundai Sonata Price Increase in Pakistan
| Model | Old Price (Rs) | New Price (Rs) | Price Difference (Rs) |
| Hyundai Sonata 2.0L | 6,859,000 | 6,999,000 | 140,000 |
| Hyundai Sonata 2.5L | 7,749,000 | 7,849,000 | 100,000 |
The price of Hyundai Sonata 2.0L has been increased by Rs.140,000. Whereas the price of top of the line Sonata 2.5L has been increased by Rs.100,000.
Hyundai Tucson Price Increase in Pakistan
| Model | Price (Rs) |
| Hyundai Tucson AWD | 6,299,000 |
| Hyundai Tucson FWD | 5,799,000 |
There is no change in the price of Hyundai Tucson in Pakistan.
Hyundai Porter H1 Price Increase in Pakistan
| Model | Old Price (Rs) | New Price (Rs) | Price Difference (Rs) |
| Hi-Deck M/T Diesel | 2,799,000 | 2,949,000 | 150,000 |
| Flat-Deck M/T Diesel | 2,779,000 | 2,929,000 | 150,000 |
| Deckless M/T Diesel | 2,759,000 | 2,909,000 | 150,000 |
The price of all variants of Hyundai Porter has been increased by upto Rs.150,000 in Pakistan.
Is Stabilizing the Economy the Only Way?
It’s no surprise car prices in Pakistan are increasing on a bi-weekly basis. This price increase is likely due to soaring commodity prices, fuel prices, freight charges, and rupee devaluation. As much as it sounds like an excuse, it’s also true that these factors contribute to an increase in prices.
In order to put a leash on the ever-increasing car prices, the economy of Pakistan needs to be stabilized. It’s time the government of Pakistan takes serious actions to stabilize the economy.
What do you think about the recent price increase by Hyundai Nishat Motors Limited? Let us know in the comments below.
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