Unbelieveable Car Prices in Pakistan

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Unbelieveable Car Prices in Pakistan

Hey car enthusiasts, Ive been a part of the car market in Pakistan for many years now, and theres a concerning issue Id like to address. Lately, Ive noticed unrealistic pricing for cars, such as a Honda City 2003 model with 63,000km driven and Lahore registration, being listed at an exorbitant 3.5 million. To improve the situation, its essential for the overall car market in Pakistan to introduce a calculation system based on a depreciation formula.

This system would promote better understanding for both sellers and buyers, ensuring fair and realistic pricing. Its also important to note that the depreciation of the Pakistani rupee should not directly impact the prices of used cars. Its disheartening when second-hand cars are priced higher than their original new price. Lets discuss and find ways to enhance relatability and fairness in the Pakistani car market.

Sajid Khan asked on 18 Jul 2023 15:30:22 pm

1 Answer

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Admin - on 18 Jul 2023 15:57:25 pm

Proposing a depreciation-based calculation system for the Pakistani car market can promote fairness, realistic pricing, and mitigate the impact of currency depreciation.

Collaboration among stakeholders and transparent guidelines would be vital for its successful implementation.