Local manufacturers are keeping up with the price hike trend due to increased Federal Excise Duty (FED) in the recent mini-budget.
Well, this time, it’s DFSK and Prince to increase the price. FED for DFSK vehicles has jumped from 2.5% to 5%, increasing the prices for all three variants of Glory 580 by up to 120,000 PKR.
With FED increasing from 0% to 2.5%, Prince Pearl’s prices have also jumped to Rs.1,334,000 with an increase of Rs.35,000. Though the price of Prince K07 increased much higher with a rise of Rs.110,000.
Here is the breakdown of the prices by DFSK and Prince.
DFSK Glory 580
| Variant | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
| Glory 580 1.5L CVT | 4,539,000 | 4,649,000 | 110,000 |
| Glory 580 1.8L CVT | 4,689,000 | 4,800,000 | 111,000 |
| Glory 580 Pro | 4,920,000 | 5,040,000 | 120,000 |
Prince Pearl
| Variant | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
| Prince Pearl | 1,299,000 | 1,334,000 | 35,000 |
Prince K07
| Variant | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
| Prince K07 | 1,639,000 | 1,749,000 | 110,000 |
Started by Suzuki, the price hike trend is now adopted by Toyota, Honda, Kia, and DFSK. Let’s see how long it takes Proton and Changan to join this bandwagon. Let us know in the comments below your expected prices about these two.
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