New Car Prices 2022 After Mini Budget

Asadullah

27 Jan 2022

2320

New Car Prices 2022 After Mini Budget

The government has revised the Federal Excise Duty (FED) and Sales Tax on the imported and locally assembled cars in the mini budget announced on 14th January 2022. Right after the announcement of the mini budget, the auto companies started revising the prices of their vehicles. First of all the Suzuki Motors announced increase in the prices of Suzuki cars in Pakistan on 19th January and then other companies announced to increased the prices of cars in Pakistan 2022 including Toyota, Honda, KIA, DFSK, Changan, and Hyundai.

Here we are telling the complete price hikes made by the companies after announcement of the mini budget.

Suzuki Car Prices 2022

The federal government increased the FED on 1000cc cars from 0 t0 2.5% in the mini budget and as a result, the Suzuki Motors increased the car prices. The complete chart Suzuki Car Prices 2022 after mini budget is given below.

The Suzuki Motors also changed the delivery schedule and announced the new delivery schedule of the Suzuki Cars. However, the company has not yet started the booking of Alto VXL and all Suzuki Cultus variants.

Toyota Car Prices 2022

After the increase in the Federal Excise Duty FED in the mini budget, the FED increased by 2.5% on lower-end and 5% on the upper-end Yaris variants, flat 5% on all Corolla variants, and 10% on Hilux Revo and Fortuner variants. So, after an increase in FED the Toyota Indus Motors announced the new increased Toyota Car Prices 2022 as follows.

Honda Car Prices 2022

The Honda Motors got an increase on its 1.2L City variants by 2.5% FED and FED increased on the 1.5L by 5%. In the same way FED on the Civic lineup increased by 5% and finally, the Honda BR-V got an increased on the FED by 10% after an increase in the Federal Excise Duty FED announced by Federal government in the mini budget on 14th January 2022. So following the other companies, Honda also announced the price hikes for its vehicles. The new Honda Car Prices 2022 is given below.

Hyundai Car Prices 2022

After announcement of the mini budget, the Hyundai cars also saw an increase in the Federal Excise Duty FED. The Hyundai Elantra, Hyundai Tucson and 2.0 Hyundai Sonata got an increase in the FED by 5% while the FED on the 2.5L Hyundai Sonata increased by 10%. So due to this increase in the FED in the mini budget presented by federal government, the Hyundai increased the prices of Hyundai Cars in Pakistan. The new Hyundai Car Prices 2022 are as under.

Changan Car Prices 2022

After the mini budget, the Federal Excise Duty FED increased on the Changan Cars. The FED went up by 5% on the Changan Alsvin and Changan Karvan and M9 saw an increase in the FED by 2.5%. However, the company has not increased the price of Changan M9 and announced a hike in the prices of Changan Alsvin and Changan Karvan after the implementation of mini budget. The Changan Car Prices 2022 are given as under.

Kia Car Prices 2022

After the announcement of mini budget, the FED is also raised by Kia Motors on the Kia cars in Pakistan. The FED on Kia Picanto is increased by 2.5%, Kia Stonic and Kia Sportage got 5% FED hike and Kia Sorento saw an increased in the FED by 10%. Surprisingly, except the Price of Kia Sorento, the company has announced an increase on all its Kia Cars 2022. The new Kia Car Prices 2022 are as follows.

DFSK Car Prices 2022

After the announcement of mini budget by Federal government, the Prince DFSK cars 2022 also faced a hike in the Federal Excise Duty FED on it cars. The DFSK Glory 580 SUVs saw an increase in the FED by 5%, FED increased on Prince Pearl hatchback and K07 mini-van by 2,5%. So as a result, the Prince DFSK also announced an increase in the price of DFSK Cars 2022. The new DFSK Car Prices 2022 are given below.

This was a complete overview of car prices 2022 in Pakistan after increase in the Federal Excise Duty FED announced in the mini budget. Remember that the three auto companies including Biac, United and Proton have not yet announced an increase in the prices of their cars. Let’s see when these companies will be a part of first car price hike in 2022.

For more updates, news and articles from local and international auto sector stay connected with Gari.PK. You can also check the motorbike prices in Pakistan and Car Prices Pakistan for all used cars and new cars in the market.