Hyundai Increased Car Prices

Hyundai Increased Car Prices
Hyundai Nishat, following in the footsteps of other Pakistani car manufacturers, has decided to raise its car prices starting February 1st, 2023. The prices of various Hyundai models have gone up, including the Elantra, Sonata, and Tucson.
Hyundai Cars Price Hike
For the Hyundai Elantra, both the Hyundai Elantra 1.6 and Hyundai Elantra 2.0 variants have increased by Rs. 400,000, with the 1.6 going from Rs. 5,299,000 to Rs. 5,699,000 and the 2.0 from Rs. 5,699,000 to Rs. 6,099,000.
The Hyundai Sonata has also seen a price increase, with the Hyundai Sonata 2.0 model now costing Rs. 8,649,000 (previously Rs. 8,149,000) and the Hyundai Sonata 2.5 model now priced at Rs. 9,399,000 (previously Rs. 8,899,000), both with a rise of Rs. 500,000.
Finally, the Hyundai Tucson has also become more expensive, with the Hyundai Tucson FWD model now priced at Rs. 7,399,000 (previously Rs. 6,899,000) and the Hyundai Tucson AWD model now costing Rs. 7,899,000 (previously Rs. 7,399,000), both seeing an increase of Rs. 500,000
Price Increase Terms and Conditions
- Starting February 1st, 2023, the new retail selling price (RSP) will take effect for all new orders with delivery in the month of March 2023 and later.
- For orders with delivery in February 2023, the current RSP will still apply if the customer makes full payment using a payment instrument dated within 5 working days, i.e. by February 7th, 2023, and is notified to the company by February 14th, 2023.
- Additionally, for orders with March deliveries and full payment made using a payment instrument dated before January 31st, 2023, the current RSP will still apply and the payment needs to be notified to the company by February 7th, 2023.
What are your thoughts on this price increase? Share them with us in the comments below.
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