Latest price of Honda cars in Pakistan after rate hike

Honda Atlas increases prices of various models by Rs260,000-550,000

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A representational image of Honda CRV Hybrid. — Twitter/@Honda
A representational image of Honda CRV Hybrid. — Twitter/@Honda

Honda Atlas Cars Pakistan Ltd (HACPL) has increased prices of various models by Rs260,000-550,000 effective from February 4.

The company, in a letter to its authorised dealers, notified the new price hike — which is the second increase in two weeks.

In its previous notification, the carmaker cited inflation in material cost and volatility of forex as two major reasons behind its decision to increase the prices by up to Rs550,000; however, Honda Atlas did not mention any specific reason this time.

The price of City MT and CVT has been increased to Rs4.3 million and Rs4.5m, up Rs560,000 and Rs570,000 respectively. City 1.5L CVT, 1.5L Aspire MT and 1.5L Aspire CVT will now sell at Rs4.7 million, Rs4.9 million, and Rs5.1 million, showing a jump of over Rs600,000 per vehicle.

With an increase of Rs710,000, the price of BR-V CVT has been fixed at Rs5.64 million.

Here’s a breakdown of the price: 

Variants

Old Prices

23.01.2023

News Prices

04.02.2023

Difference

City MT 1.2LRs4,069,000Rs4,329,000
Rs260,000
City CVT 1.2L 
Rs4,199,000
Rs4,469,000
Rs270,000
City CVT 1.5L 
Rs4,449,000
Rs4,739,000Rs290,000
City Asp MT 1.5LRs4,629,000Rs4,939,000Rs310,000
City Asp CVT 1.5LRs4,799,000Rs5,119,000Rs320,000
BR-V CVT SRs5,299,000
Rs5,649,000Rs350,000
HR-V VTIRs6,399,000Rs6,799,000Rs400,000
HR-V-VTI SRs6,599,000Rs6,999,000Rs400,000
Civic 1.5L M CVTRs6,849,000
Rs7,299,000Rs450,000
Civic 1.5L Oriel M CVT
Rs7,099,000
Rs7,599,000Rs500,000
Civic RS 1.5LL CVT
Rs8,099,000
Rs8,649,000Rs550,000

Amid the ongoing economic crisis, Pakistan’s automobile sector has been hit hard owing to problems with the opening of letters of credit, arising due to the rapidly depleting foreign exchange reserves and weakening rupee.


— The total prices have been taken from JS Global, who have calculated the prices from the Honda notification