Peugeot Car Prices Increase March 2023

11 Mar 2023

523 Peugeot

Peugeot Car Prices Increase March 2023

Due to the imposition of a 25% General Sales Tax (GST) on luxury items by the incumbent government, local car assemblers have started passing on the effect to their customers, which will ultimately impact their purchasing power. Following the price hike by Kia Lucky Motors, Peugeot Pakistan has also increased the price of their Peugeot 2008 model. It is expected that other local car assemblers will follow suit and raise their prices in the coming days.

Today, the Federal Board of Revenue (FBR) issued a new sales tax notification (SRO 297(1)/2023), confirming the imposition of this new tax. However, it is worth noting that some vehicles that were not 1400cc cars are also facing the application of this tax. The tax slab includes all locally assembled cars with an engine displacement of 1400cc and above, but it also includes locally manufactured or assembled SUVs and CUVs, even those with engine displacements lower than 1400cc. Therefore, a new price hike was expected, which has now been confirmed with the increase in Peugeot 2008 prices.

The new prices of Peugeot Cars are as follows:

New Price of Peugeot 2008

Here are the updated prices for both variants of Peugeot 2008.

• The Peugeot 2008 Active variant now costs Rs. 6,840,000, reflecting an increase of Rs. 390,000 from its previous price of Rs. 6,450,000.

• Similarly, the Peugeot 2008 Allure variant now costs Rs. 7,580,000, showing an increase of Rs. 430,000 from its previous price of. Rs7,150,000.

It is worth noting that the above prices are the new ex-factory prices.

Peugeot 2008 Variant	Previous Price (Rs.)	Updated Price (Rs.)	Increase	Increase Percentage
Active	6,450,000	6,840,000	390,000	6.05%
Allure	7,150,000	7,580,000	430,000	6.01%

What are your thoughts on the recent series of price hikes following the 25% increase in GST? Feel free to share your opinions in the comments section below.

Peugeot Peugeot 2008 Peugeot Cars Peugeot Cars 2023 Peugeot 2023 Peugeot 2008 Active Peugeot 2008 Allure Peugeot Active 2023 Peugeot Allure 2023

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