After Kia Lucky Motors, Hyundai Nishat Motors, Changan Pakistan and v (PSMC), Honda Atlas Cars has also come up with a price hike. If you’ve been planning to buy a Honda in Pakistan, this update might affect your decision.
Honda has officially released a circular announcing new provisional prices for its locally assembled CKD models, effective from 1st, July 2025.
Let’s break down what’s happening — and why.
Why the Price Hike?
The price increase mainly stems from a newly introduced NEV (New Excise Value) levy, part of the Finance Act 2025-26 by the Government of Pakistan. This new tax, on top of existing economic challenges like PKR devaluation and increased freight charges, has left auto manufacturers with no choice but to pass on the impact to customers.
While Honda Atlas had previously absorbed such cost hikes to protect buyers, they’ve stated that this new levy is beyond their control, and unfortunately, it’s now being reflected in car prices.
Honda Cars New Prices
- Honda City 1.2 MT was previously priced at PKR 4,649,000 and is now PKR 4,696,000, showing an increase of PKR 47,000.
- Honda City 1.2 CVT went from PKR 4,689,000 to PKR 4,737,000, with a price hike of PKR 48,000.
- Honda City Aspire CVT increased from PKR 5,849,000 to PKR 5,969,000, a jump of PKR 120,000.
- Honda BR-V 1.5 CVT S saw its price rise from PKR 6,299,000 to PKR 6,429,000, an increase of PKR 130,000.
- Honda Civic Oriel has gone up from PKR 8,659,000 to PKR 8,834,000, a difference of PKR 175,000.
- Honda Civic Turbo RS now costs PKR 10,100,000, up from PKR 9,899,000, reflecting a price hike of PKR 201,000.
- Prices for Honda HR-V VTI (PET) and HR-V VTI S (PET) are yet to be announced.
Terms & Conditions:
- New prices will be effective from July 01, 2025.
- All customer orders invoiced on or after July 01, 2025 will be based on New Retail Prices.
- The above-mentioned new prices will also apply to all back-order customers as of June 30, 2025.
- New Retail Prices will be applicable on all new orders created on and after July 01, 2025, and onwards.
- Any price changes due to government levies, duties, and taxes will be borne by the customer.
- The price and taxes at the time of delivery shall be considered final.
- Prices are exclusive of Freight & Withholding Tax, which will be charged separately based on applicable rates.
- These are provisional prices and are subject to change at any time.
Earlier, in a surprising event, Sazgar Engineering and MG Pakistan (for MG HS Trophy) decided to absorb the effect of newly inflicted NEV Levy. These automakers retained their car prices.
The auto sector in Pakistan is clearly under pressure, and consumers are feeling it too. With Kia, Suzuki, and now Honda all announcing price hikes, buying a new car is becoming more and more expensive.
While it’s understandable from a business perspective, this development may push potential buyers to either act quickly before further hikes or consider more cost-efficient alternatives.
Stay informed, do your research, and keep an eye on auto industry updates before making your next big purchase.
