A couple of days ago, Honda Atlas launched new 2013 Accord into the Pakistani market, the car itself is tremendous but Honda Atlas refrained to announce the price of it on the website and asked interested buyers to ring up their local dealers for a price.
Now though, they have updated their website with the price of the new Accord and it is more then our quite frankly, petty estimate.
We estimated that it may cost around 8-9 million rupees but oh boy we were miserably wrong. The price listed at 19% GST is 10,100,000. That’s 10 million and a 100,000 rupees, which excludes, the recently imposed advanced tax which will be 150,000 rupees, then the insurance, tracker, registration and transportation costs which Honda Atlas will charge.
That’s a lot of money frankly, and you get a damn ‘Hunda’ in return.
We checked the prices of Accords listed on Pakwheels’ classified section, and we found that used 2008-2009 Thai Accord (the same model as Honda Atlas introduced here) is listed for max 37-38 lac rupees, that’s a lot of depreciation for an Accord as new were for around 7-8 million rupees as they were once listed on Honda Atlas’s website.
So you’ll lose atleast 40-50 lacs within 4-5 years on your new Accord, (If you loose 50 lacs in 5 years) that’s 10 lac a year, 83,333 rupees a month and 2,777 rupees a day.
Not such a bright investment is it?
And if you’re thinking, oh forget the Accord, I’ll go get the Camry. Well, Camry isn’t doing so brilliant either. The new model of Camry, the 2013 one is listed at 9,749,000 rupees which we actually say as one crore rupees and they depreciate worse then Accord.
The previous shape was listed at Toyota Indus for 7-8 millions rupees, same as the Accord, the 2011 Camry today as listed at Pakwheels’ classified section is 40 lacs. That’s 40 lacs gone within two year if you bought it for 80 lacs.
20 lacs gone a year, 166,666 rupees a month and 5,555 rupees lost every time you wake up. That’s a lot worse of then the Accord.
piece of crap for that price tag.
this only happens in pakistan bull shit.
Why not get a 2009 Land cruiser by adding a few lacs.
koi v nhi lega new.
I think below all the guys are supporters of Toyota.Guys what is the price if Camry by the way? It's more expensive then Accord and failed in the shape.So it's not good to Blame brands nut to blame the Economy of Pakistan.what you guys say.
or a Brand new Mercedes E250
If a Civic costs 2.3 million, this thing is no more than some where arround 4 million.
toyota made a stupid decision introducing the camry 🙂 honda should have learned from them. they r the smarter company frankly.
lol what do you drive Riz?
Running cost would be alot higher 😛
Massive depreciation. Now Honda Atlas needs to find a really really dumb billionaire politician to buy this. But then again this country is full of them.
WTF honda is thinking.
top of the line accord with extra specs in Australia costs 58 Lakhs,they are ripping people in Pakistan
http://accord.honda.com.au/range.aspx#vti/alabaster-silver
wt abt toyota cmary then 😛
camry*
You have to be a first class ASSHOLE to buy a Honda Accord for that price. You can get a BMW , MERC, a freaking LEXUS why buy a HONDA ACCORD which is a TAXI.
They've gone "NUTS".
nop,,would be much lesser cuz its a 1.8 plus its price doesnt decrease at the rate of 1 million per year… 🙂 do the maths
Shahdad Khan Top of the line Accord in Usa with a 3.5 litre V6 engine costs 30 lakh rs
بکواس گاڑی ہے مہنگا ہونا بھی خصوصیات میں شمار ہوتا ہے اور یہ ایک بری خصوصیت ہے.
2-4 saal sabar kar lein….100 CC ki qeemat mein mil jayegi 🙂
One should import 2011 camry new shape Hybrid in 8million
Ather dear iam quoting the price including govt GST which is quite high here in Australia plus shipping costs as Honda is not manufactured locally and its imported
ہا ہا اس گاڑی کا حساب لگایں تو ایسا ہی لگتا ہے
hahahahaha that much money for accord or lamborgini.
a swift
Ather Ahmed Bro., it comes in 2.4l and 3.5l (V6) variants. It's in Pakistan that Civic (new shape) is 1.8l, otherwise, in GCC, you'll find civic (new shape) with 2.0l under the hood.
Confirmed official price is Rs 99,17,000/- as per Honda Quaideen, add around Rs 340,000 for insurance and around 300,000 for registration and that adds up to Rs 10.5 million~ 10.6 million. A brand new, top pf the line E250CGi is available for 94,00,000/- plus Rs 188K as registration and 320K for insurance and that adds upto 9.9 million. Agreed that the Accord has a 2.4 litre engine, but then again, why on earth should someone get a car that would depreciate faster then any other vehicle. Totally not worth it. Better to opt for a 2009 model TZ which would cost around 11 million plus minus.
totally agree!
Dude seriously not worth it…. A sane person would opt for a merc (german engineering)……
Happy with my Japanese Indus Corolla why to buy something that is worth of millions and in real its nothing..Better spare this money for needy peoples who sleeping hungry every day.
Camry is a lousy car. Its a taxi :/
why not buy fortuner in half the price…. I guess later on they are going to start assembling it in Pakistan and reduce the price.
saw it on tariq road about half an hour ago…..it was just awesome
Its an Accord not civic
No doubt its a nice car but its not worth Rs. 10.million
Now Honda would b looking for rich buyers who have more money than sense
Accord is shit, Camry is way better.
Toyota is at the top in selling and according to the world wide report too. Buy toyota brand, leave other piece of scraps behind.