Automotive

MS HS Essence Gets a Price Hike in Pakistan

MG Pakistan has ended the Eid Offer for the SUV, the MG HS Essence, which has received a massive price hike in Pakistan.

MG HS Essence Price in Pakistan, MG HS Essence Price
MS HS Essence Gets a Price Hike in Pakistan

According to the company, the new price of the MG HS Essence will be applicable on all new orders from April 18.

MS HS Essence Price in Pakistan

The new price of the MG HS Essence in Pakistan is now Rs. 8,699,000, which is an increase of Rs. 500,000 from the old rate of Rs. 8,199,000.

ModelOld Price (PKR)New Price (PKR)Difference (PKR)
MG HS Essence8,199,0008,699,000500,000

It is pertinent to mention that MG Pakistan had announced an Eid Offer under which the company decided to maintain the price of the MG HS Essence in Pakistan.

The company kept its promise and maintained the vehicle’s price despite an increase in the General Sales Tax (GST) from 18% to 25%, which means MG Pakistan absorbed the tax increment.

However, the company has finally decided to end their Eid Offer and increase the price of MG HS Essence in Pakistan.

MG HS Essence still has a competitive edge as it is one of the cheapest C-Segment SUV in the local automotive industry other than the Kia Sportage, which might be cheaper but offers way less features compared to the MG HS Essence.

Read more: Regulatory Duties on Used Cars Import Have Expired.

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Ali Gulrez

I am a passionate and experienced news content writer with a keen eye for detail and a knack for writing engaging and informative articles. I have a proven track record of producing high-quality content that meets the needs of my audience. I am skilled in researching, writing, and editing a variety of news stories, including breaking news, feature stories, and opinion pieces. I am also a well-versed in SEO and keyword optimization, and I am always up-to-date on the latest trends in digital journalism.

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