Hyundai has raised its car prices by up to Rs.750,000

Hyundai has raised its car prices by up to Rs.750,000

After massively increasing the prices of its automobiles by as much as Rs.591,000 on March 8, 2023, Hyundai has once again increased its prices. This time, its for the entire CKD lineup. The previous hike was due to a 7% increase in the GST; it is not known what has caused the latest price increase, which is likely to be one of the many more to come.

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

Latest Hyundai Car Prices in Pakistan 2023

Here are the prices of new Hyundai cars in Pakistan.

VariantsOld Price (PKR)New Price (PKR)Difference (PKR)
Elantra 1.66,199,0006,599,000400,000
Elantra 2.06,730,0007,130,000400,000
Tucson GLS Sport FWD8,030,0008,230,000200,000
Tucson Ultimate AWD8,659,0008,859,000200,000
Sonata 2.09,679,00010,329,000650,000
Sonata 2.510,530,00011,280,000750,000
Porter Deckless 3,589,000 3,789,000200,000
Porter Flat Deck 3,609,0003,809,000 200,000
Porter High Deck 3,629,000 3,829,000 200,000
Effective from March 17, 2023

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Why Does Price Increase Again?

Hyundai, unlike many other local car assemblers, has had sales numbers in the positive for both year-on-year and month-on-month sales. According to the latest PAMA stats, Tucson, Elantra and Sonata have had impressive sales numbers.

However, this may change April and onwards as this and many other price hikes to come in future are likely to hurt their sales numbers. 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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