Hyundai Increased its Cars Prices in Pakistan by up to Rs.500,000

Hyundai Increased its Cars Prices in Pakistan by up to Rs.500,000

It is the beginning of another wave of car price hike in Pakistan. Hyundai cars prices in Pakistan have increased by up to 5 lac rupees. Recently, many auto manufacturers have jacked up the prices of their entire CKD lineups blaming the prevailing economic uncertainty in the country. Though a convenient excuse which has been used for ages to increase prices, it goes without saying that the cost of production has exponentially gone up in Pakistan.

Let’s find out the new prices of Hyundai Elantra and Sonata.

Hyundai Cars Prices in Pakistan

Here are the latest prices of Sonata and Elantra.

*It is important to note that these prices will be effective from 1st Feb, 2023.

Why Does Price Increase Again?

Well! We all know that the Dollar rate is increasing again. Therefore the cost of raw materials for the locally assembled cars increases. Also, Fuel prices in Pakistan are increasing. All these elements are the contributing factors in the latest price hike. 

Post an Ad For Free

✓ Get Access to 30 Million Active Buyers

✓ Get the Best Possible Price

✓ Sell Your Car in less than 24 Hours

It is not rocket science that the effects of this car price hike are going to hurt the local consumer. However, you will find some people saying that the purchasing power of the target audience is unaffected. In reality, it isn’t the case. With the constant currency devaluation and inflation, the buying power of the majority is affected. 

This price hike is likely to affect their sales negatively. It is not a hidden truth that this price change might result in more people buying used cars.

You can always visit OLX Motors New Car Section to get the latest information (price, specs, features, etc.) about all the cars and compare them. 

Would you still buy a new Hyundai car or go for a used one? Tell us in the comment box.

Previous Price Increase

Hyundai Elantra Price in Pakistan

ModelOld Price (Rs)New Price (Rs)Price Difference (Rs)
Hyundai Elantra GLS 2.0L 4,998,490 5,499,000 500,510
Hyundai Elantra GL 1.6L 4,341,990 5,099,000 757,010

Hyundai Sonata Price in Pakistan

ModelOld Price (Rs)New Price (Rs)Price Difference (Rs)
Hyundai Sonata 2.0L 7,068,990 7,899,000 830,010
Hyundai Sonata 2.5L 7,927,490 8,499,000 571,510

Hyundai Tucson Price in Pakistan

ModelNew Price (Rs)
Hyundai Tucson AWD7,399,000
Hyundai Tucson FWD6,899,000

Hyundai Porter H1 Price in Pakistan

ModelOld Price (Rs)New Price (Rs)Price Difference (Rs)
Hi-Deck M/T Diesel2,949,0003,230,000281,000
Flat-Deck M/T Diesel2,929,0003,210,000281,000
Deckless M/T Diesel2,909,0003,190,000281,000

Download the OLX App Now!

Leave a Reply

Your email address will not be published. Required fields are marked *