Hyundai Also Decreases Car Prices

Hyundai Also Decreases Car Prices

By now, almost all the major auto assemblers in Pakistan, with the exception of Suzuki, have decreased the prices of their vehicles. The latest entrant in the price reduction club is Hyundai. Let’s check out the latest Hyundai car prices in Pakistan below to know how significant the price slash is.

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Latest Hyundai Car Prices in Pakistan 2023

The following prices are effective from October 25, 2023.

VariantsOld Price (PKR)New Price (PKR)Difference (PKR)
Elantra 1.6 6,599,000 6,399,000200,000
Elantra 2.0 7,130,000 6,930,000200,000
Tucson GLS 7,365,0007,165,000200,000
Tucson GLS Sport FWD 8,230,000 8,030,000200,000
Tucson Ultimate AWD 8,859,000 8,659,000200,000
Sonata 2.0 10,329,000 9,979,000350,000
Sonata 2.5 11,280,000 10,930,000350,000
Porter Deckless 3,789,000 3,689,000100,000
Porter Flat Deck 3,809,0003,709,000100,000
Porter High Deck 3,829,000 3,729,000100,000
Porter High Deck with AC 3,939,0003,839,000100,000
Porter Flat Deck with AC3,919,0003,819,000100,000
Porter Deckless with AC3,899,0003,799,000100,000

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Why Are Car Prices Going Down in Pakistan?

As a result of the administrative measures taken by the caretaker government to curb hoarding and smuggling of the US Dollar, it was expected that the Pakistani Rupee would begin to strengthen, which it did. It was also anticipated that car prices would come down, and they indeed started to do so. Therefore, it’s almost a no-brainer why car prices are going down in Pakistan now.

However, what is unknown is how long this trend will last. From the price circular from Hyundai Nishat Motor (Pvt.) Limited, it appears that this could be a temporary trend, and these prices may reverse at any time.

Also, there is no telling whether the reduction of Rs.350,000 is enough to boost the sales of Hyundai Sonata. This can also boost the sales of used Hyundai cars in Pakistan.

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.

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