Honda City Price in Pakistan March 2024
Lately, there have been big changes in how much it costs to buy a Honda City car in Pakistan. This is good news for people who love cars, as Honda has decided to lower the prices of its popular sedan. They did this to stay competitive with other car companies and keep up with what people want. Let’s see what’s changed and what it means.
Honda City: Adapting to the Situation
The company that makes Honda cars in Pakistan, called Honda Atlas Car, has recently made a big decision to lower the prices of the City sedan. They’re doing this because they want to keep up with what Toyota is doing and show that they’re ready to deal with changes in how people buy cars.
How the Prices Changed
The main thing you’ll notice is that the prices of different versions of the City have gone down by Rs140,000. For example, one version called the City MT1.2L used to cost Rs4.699 million, but now it’s Rs4.649 million, which means it’s Rs50,000 cheaper. Another version, the City CVT 1.2L, used to cost Rs4.829 million, but now it’s Rs4.689 million, which is Rs140,000 less.
| Model | Old Price | New Price | Difference |
| City MT1.2L | Rs4.699 million | Rs4.649 million | Rs50,000 |
| City CVT 1.2L | Rs4.829 million | Rs4.689 million | Rs140,000 |
Dealing with Higher Taxes
One reason for these price changes is that the government increased the tax by 25% on cars that cost more than Rs4 million. To deal with this, Honda Atlas Pakistan decided to focus more on cars with smaller engines and those that cost less than Rs4 million.
Related Article: Big News: Toyota Yaris Prices Go Down in Pakistan!
Adjusting to New Rules
Initially, the tax increase affected cars with bigger engines, but it ended up affecting smaller SUVs too. So, the government decided to set a limit of Rs4 million for all cars, which meant car companies had to quickly change their prices to follow this rule.
Challenges in the Car Industry
Even though the prices of Honda City cars have gone down, there are still problems in Pakistan’s car industry. Things like high-interest rates and the cost of making cars are making it hard for prices to go down further. This means people might still find it tough to buy cars, which could lead to fewer sales.
Related Article: Government Imposes 25% Sales Tax on Cars Over Rs4 Million
Summing Up the Changes
These price drops by Honda Atlas Car are a big deal for Pakistan’s car market. They show that car companies can adapt to new rules and what people want. While these changes are good for car buyers, there are still challenges ahead for the car industry. So, it’s important for everyone involved to keep being flexible and find smart solutions to keep things moving forward.
