Comparing Car Prices in Pakistan Dec 2023 Vs Dec 2024

Abdullah

31 Dec 2024

392

Comparing Car Prices in Pakistan Dec 2023 Vs Dec 2024

The year 2024 marked a transformative period for Pakistan automotive industry, characterized by stability in production and a renewed focus on market recovery. Unlike the tumultuous year of 2023, which was plagued by frequent plant shutdowns due to supply chain disruptions and soaring costs, this year showcased consistent operations and improved market conditions. Below is a comprehensive analysis of car price trends and significant launches across the industry.

Toyota Cars: Yaris Facelift Steals the Spotlight

Toyota maintained a steady pricing approach for its flagship models while introducing updates for the Yaris lineup. The revamped Toyota Yaris 2025 variants brought significant upgrades that justified the price adjustments.

Toyota Price Changes in 2024

Model	Price (Dec 2023)	Price (Dec 2024)	Increase/Decrease
Yaris GLI MT 1.3	PKR 4,399,000	PKR 4,479,000	+PKR 80,000
Yaris GLI CVT 1.3	PKR 4,689,000	PKR 4,760,000	+PKR 71,000
Yaris ATIV CVT 1.3	PKR 4,899,000	PKR 5,604,000	+PKR 705,000
Yaris ATIV X CVT 1.5 (Black)	N/A	PKR 6,319,000	N/A

Honda Atlas: Stability in Pricing Amid Economic Uncertainty

Honda Atlas Cars Limited adopted a cautious approach throughout 2024, refraining from significant price hikes. Leveraging the stability of the Pakistani rupee, Honda Cars 2025 maintained competitive pricing for its entire lineup.

Honda Price Trends

Model	Price (Dec 2023)	Price (Dec 2024)	Change
City 1.2L M/T	PKR 4,699,000	PKR 4,649,000	-PKR 50,000
City 1.2L CVT	PKR 4,829,000	PKR 4,689,000	-PKR 140,000
Civic RS 1.5L LL-CVT	PKR 9,899,000	PKR 9,899,000	No Change

Suzuki Motors: A Gradual Price Rise for Popular Models

Pakistan Suzuki Motors Company (PSMC) followed a mixed strategy in 2024, raising prices for its best-selling vehicles 2024 such as the Alto and Cultus while keeping others unchanged.

Suzuki Price Hikes

Model	Price (Dec 2023)	Price (Dec 2024)	Change
Alto VX	PKR 2,251,000	PKR 2,331,000	+PKR 80,000
Cultus AGS	PKR 4,366,000	PKR 4,546,000	+PKR 180,000
Swift GLX CVT	PKR 4,960,000	PKR 4,719,000	-PKR 241,000

Hyundai Motors: Expanding the Electric and Hybrid Lineup

Hyundai Nishat Motors made significant strides in 2024 by introducing premium electric and hybrid models such as the Ioniq 6 EV and Santa Fe, aligning with global sustainability trends.

Hyundai Price Adjustments

Model	Price (Dec 2023)	Price (Dec 2024)	Change
Elantra 2.0L	PKR 6,930,000	PKR 7,180,000	+PKR 250,000
Sonata 2.5L	PKR 10,930,000	PKR 11,205,000	+PKR 275,000
Ioniq 6 EV	N/A	PKR 23,000,000	New Model

Unlike the turbulence of 2023, where car prices soared with repeated and sharp hikes, 2024 emerged as a year of balance and consistency. The stabilization in pricing trends became a breath of fresh air for car buyers, easing the financial strain amidst ongoing economic uncertainties.

This much-needed price stability marked a turning point for Pakistan’s automotive market, fostering consumer confidence and driving interest in the sector. As car prices 2025 remained steady, many potential buyers found an opportunity to explore new options without the fear of unexpected increases.

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