For more than two years, the auto industry in Pakistan has been facing serious challenges, and now, the authorities have imposed an additional 25 percent Sales Tax on locally manufactured and assembled vehicles.
As the interim government takes measures to boost funds, they have decided to apply a 25 percent sales tax specifically to locally made cars. This tax targets four-wheelers priced at Rs4000000 or more or those with engines over 1400 cc.
With this new tax in effect, buyers – who are already dealing with high car prices – are curious and concerned about the expected price increase.
Visit https://paypaysa.com/start and become Filer while sitting at home to avail 50% discount in taxes payable at the time of vehicle purchase, property sale/purchase, prize bonds encashment, bank profit and wherever you are paying withholding taxes.
The impact of the new policy will be felt across cars from major brands, including Suzuki, Toyota, and Honda. Pakistan Observer has gathered data to estimate the new expected prices for top models, providing valuable information for buyers.
It’s important to note that as of now, no auto company has officially announced any changes, so the mentioned prices are anticipated and not confirmed. This situation adds to the ongoing challenges in the Pakistani auto industry, creating uncertainty for both buyers and industry players regarding future pricing dynamics.
New Car Prices in Pakistan
Suzuki Cultus
Model Current Price Expected Price
Suzuki Cultus VXL Rs.4,084,000 Rs.4,326,000
Suzuki Cultus AGS’ Rs.4,366,000 Rs.4,625,000
Suzuki Swift
Model Current Price Expected Price
Suzuki Cultus VXL Rs.4,084,000 Rs.4,326,000
Suzuki Cultus AGS’ Rs.4,366,000 Rs.4,625,000
Suzuki Swift GLX CVT Rs. 5,040,000 Rs. 5,339,000
Toyota Yaris
Model Current Price New Price
Toyota’s Yaris GLI MT 1.3 Rs. 4,399,000 Rs. 4,660,000
Toyota Yaris ATIV MT 1.3 Rs. 4,659,000 Rs. 4,935,000
Toyota Yaris GLI CVT 1.3 Rs. 4,689,000 Rs. 4,967,000
Toyota Yaris ATIV CVT 1.3 Rs. 4,899,000 Rs. 5,190,000
Toyota Yaris AERO CVT 1.3 Rs. 5,099,000 Rs. 5,401,000
Honda City
Model Current Price Expected Price
Honda City 1.2L M/T Rs. 4,699,000 Rs.4,978,000
Honda City 1.2L CVT Rs. 4,829,000 Rs.5,115,000
Courtesy: Bol News Official Website
