Prince And DFSK Glory Also Announce Price Hike

Regal Automobile Industries Ltd., which is the manufacturer and distributor of DFSK as well as Prince, has announced another price hike for two of its cars. Today, multiple car companies announced price hikes back to back, and Regal Automobiles was one of them!

The company’s two famous cars are Glory by DFSK and Prince Pearl. Today, the company announced a price hike for all of its cars. Regal Automobile did not cite any reason for this hike, but at this point, it is evident that the devaluation of the rupee is the main cause of this inflation.

Here are the new increased prices of both the cars. 

DFSK Glory New Price

The price of DFSK Glory 580 Pro has been increased from Rs. 6,200,000 to Rs. 6,500,000.

DFSK Cars New Prices

DFSK Hamsafar used to cost Rs. 2,469,000 but now costs Rs. 2,669,000.

DFSK Pickup was being sold at the old price of Rs. 1,970,000 but now it costs Rs. 2,070,000.

Prince Pearl New Price

The new price of Prince Pearl is now Rs. 1,990,000 instead of the old price of Rs. 1,700,000. 

DFSK Glory is available at this price after full payment, while bookings for Prince Pearl have been closed now.

Terms & Conditions

Regal Automobile also stated the following terms and conditions.

1. The above prices are the maximum suggested retail price, Ex-factory per unit inclusive of taxed and dealer commission.
2. Full payments with Payment Instrument Dated Feb 20, 2023 or before will be accepted on Old Price.
3. For Pending Payments, deadline for Balance payment is Feb 25, 2023.
4. Any impact on the price due to change in Pak rupee parity against US$, government levies tariff structure, fiscal policies, import policies, etc. will be on account of the customer.
5. The above prices are provisional and subject to change without prior notice and price prevailing at the time of delivery shall be applicable.
6. Bookings with full prices before the issuance of subject circular will be delivered at previous prices.

 

This is one of the countless car price hikes that have occurred in the past week due to the free fall of the rupee against the US dollar. 

What are your views regarding these hikes? Share with us in the comments below!