Honda Increases Prices of Cars by up to 25% Due to General Sales Tax Hike

Published on Nov 17, 2023 by

honda-increases-prices-of-cars-by-up-to-25-due-to-general-sales-tax-hike

Honda Atlas Cars Limited (HACL) has increased the prices of various cars by incorporating a 25% General Sales Tax (GST) rate hike and passing on the impact to consumers for cars with engine capacities of 1400cc or more.

Please see the table below for a summary of the price changes:

Honda Car Model

Old Price (in PKR)

New Price (in PKR)

Honda City MT 1.2L 4,579,000 4,799,000
Honda City VTi 1.2L 4,729,000 4,929,000
Honda City VTi 1.5L 5,019,000 5,549,000
Honda City Aspire MT 1.5L 5,229,000 5,759,000
Honda City Aspire CVT 1.5L 5,419,000 5,979,000
Honda BR-V CVT S 5,949,000 6,529,000
Honda HR-V VTi 7,199,000 7,899,000
Honda HR-V VTi-S 7,399,000 8,199,000
Honda Civic 1.5L CVT 7,779,000 8,599,000
Honda Civic 1.5L Turbo Oriel CVT 8,099,000 8,949,000
Honda Civic 1.5L Turbo RS CVT 9,199,000 11,199,000

According to a report in Dawn, prices of Honda City MT 1.2L, City VTi 1.2L, City VTi 1.5L, Aspire MT 1.5L, and Aspire CVT 1.5L have been increased to Rs. 4,799,000, Rs. 4,929,000, Rs. 5,549,000, Rs. 5,759,000, and Rs. 5,979,000, respectively. Earlier, these were available at Rs. 4,579,000, Rs. 4,729,000, Rs. 5,019,000, Rs. 5,229,000, and Rs. 5,419,000, respectively.

Similarly, BR-V CVT S, HR-V VTi, HR-V VTi-S, Honda Civic 1.5L CVT, 1.5L Turbo Oriel CVT, and Civic 1.5L Turbo RS CVT will now be sold at Rs. 6,529,000, Rs. 7,899,000, Rs. 8,199,000, Rs. 8,599,000, Rs. 8,949,000, and Rs. 11,199,000, respectively, as compared to their earlier prices of Rs. 5,949,000, Rs. 7,199,000, Rs. 7,399,000, Rs. 7,779,000, Rs. 8,099,000, and Rs. 9,199,000, respectively.

It should be noted that on March 11, according to a report in Dawn, automakers started increasing car prices by passing on the impact of the GST hike to consumers.

Lucky Motor Corporation Limited also increased the prices of various car models in a separate announcement.

About the Author: Tom Warren

Tom Warren is a prominent tech writer renowned for his deep expertise in the world of technology and innovation. With a career spanning several years, Tom has become a trusted voice in tech journalism, known for his insightful analysis and comprehensive coverage of the latest trends and developments. His writing is not only informative but also accessible, making complex tech concepts understandable for a broad audience.

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