Hyundai Nishat Motors has notified of an increase in their car prices alongside other major automotive manufacturers following the increase in the Federal Excise Duty (FED) announced by the Federal Government in the new mini-budget. According to the notification, the price of Hyundai Tucson, Hyundai Sonata and Hyundai Elantra in Pakistan has been increased effectively immediately.
It is pertinent to mention that increase in Hyundai Car Prices cannot be blamed on the company as it is a result of increase in the Federal Excise Duty (FED) on vehicles in the new mini-budget. The following tables show the new Price of Hyundai Tucson, Hyundai Sonata, Hyundai Elantra and Hyundai Porter in Pakistan.
Hyundai Tucson Price in Pakistan
| Variant | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
|---|---|---|---|
| Tucson GLS Sport (FWD) | 5,179,000 | 5,549,000 | 370,000 |
| Tucson Ultimate (AWD) | 5,669,000 | 5,999,000 | 330,000 |
Hyundai Sonata Price in Pakistan
| Variant | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
|---|---|---|---|
| Sonata 2.0 | 6,499,000 | 6,859,000 | 360,000 |
| Sonata 2.5 | 7,499,000 | 7,749,000 | 450,000 |
Hyundai Elantra Price in Pakistan
The price of the Hyundai Elantra in Pakistan has been increased to Rs. 4,399,000 from the previous rate of Rs. 3,999,000. This means that the price of the vehicle has been hiked by Rs. 400,000. It is pertinent to mention that Hyundai Nishat Motors is offering just one variant of the Elantra in Pakistan.
Hyundai Porter Price in Pakistan
The company has also increased the Price of the Hyundai Porter (aka Hyundai H-100) by flat Rs. 150,000 for all variants. The following table shows the new Price of Hyundai Porter in Pakistan.
| Variant | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
|---|---|---|---|
| Deckless | 2,609,000 | 2,759,000 | 150,000 |
| Full Deck | 2,629,000 | 2,779,000 | 150,000 |
| High Deck | 2,649,000 | 2,799,000 | 150,000 |
It bears mentioning that other car manufacturers, including Prince DFSK, KIA Lucky Motors, Atlas Honda, Toyota Indus Motor Company, Master Changan Motors and Suzuki Pakistan.
