Pak Suzuki Motor Company (PSMC) has announced increase in car prices and it was not unexpected after the government introduced 2.5% Federal Excise Duty (FED) on vehicles up to 1300cc, which is a segment dominated by Suzuki Alto, Suzuki Wagon R, and the Suzuki Cultus.
The increase in the Suzuki Car Prices will be applicable from effectively immediately (19 January 2022) and all new bookings will take place at the new rates as mentioned by the company. It bears mentioning that other automotive manufacturers are also expected to announce the increase in their car prices as the Government has imposed increased taxes on vehicles across the board.
Read more: Govt Increases Taxes on Cars in Mini Budget.
Suzuki Alto Price in Pakistan
The Price of the Suzuki Alto VX in Pakistan has been increased by Rs. 32,000, bringing the new rate at Rs. 1,306,000 from the previous price of Rs. 1,274,000, while the Price of Suzuki Alto VXR has been increased to Rs. 1,546,000 after a hike of Rs. 38,000 from the previous rate of Rs. 1,508,000. Meanwhile, the Price of Suzuki Alto VXL in Pakistan is now Rs. 1,747,000 after an increase of Rs. 43,000 from the previous rate of Rs. 1,704,000.
| Variant | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
|---|---|---|---|
| Alto VX | 1,274,000 | 1,306,000 | 32,000 |
| Alto VXR | 1,508,000 | 1,546,000 | 38,000 |
| Alto VXL AGS | 1,704,000 | 1,747,000 | 43,000 |
Suzuki Cultus Price in Pakistan
The Price of the Suzuki Cultus VXR in Pakistan has been increased by Rs. 126,000, taking the new price to Rs. 2,030,000 from the previous rate of Rs. 1,904,000, while the Price of Suzuki Cultus VXL in Pakistan is now Rs. 2,244,000 after an increase of Rs. 139,000 from the previous rate of Rs. 2,105,000. Meanwhile, the Price of Suzuki Cultus AGS has been increased by Rs. 150,000 to the new rate of Rs. 2,422,000 from the previous price of Rs. 2,272,000.
| Variant | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
|---|---|---|---|
| Cultus VXR | 1,904,000 | 2,030,000 | 126,000 |
| Cultus VXL | 2,105,000 | 2,244,000 | 139,000 |
| Cultus AGS | 2,272,000 | 2,272,000 | 150,000 |
Suzuki Wagon R Price in Pakistan
The Price of Suzuki Wagon R VXR has been increased by Rs. 117,000 from the old rate of Rs. 1,760,000 to the new price of Rs. 1,877,000, while the Price of Suzuki Wagon R VXL has been increased by Rs. 123,000 to new price of Rs. 1,975,000 from the old rate of Rs. 1,852,000. Meanwhile, the Price of Suzuki Wagon R AGS is now Rs. 2,158,000, increased from previous rate of Rs. 2,024,000 by Rs. 134,000.
| Variant | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
|---|---|---|---|
| Wagon R VXR | 1,760,000 | 1,877,000 | 117,000 |
| Wagon R VXL | 1,852,000 | 1,975,000 | 123,000 |
| Wagon R AGS | 2,024,000 | 2,158,000 | 134,000 |
Suzuki Bolan Price in Pakistan
The Price of Suzuki Bolan in Pakistan has been increased by Rs. 29,000 to the new rate of Rs. 1,178,000 against the old rate of Rs. 1,149,000.
What do you think of this increase in the Suzuki Car Prices in Pakistan? Let us know in the comments below.
Read more: Punjab Excise Allows Online Transfer of Vehicles in Lahore.
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