Amid the uncertain economic condition, Hyundai car prices have been increased by Hyundai Nishat Motors. The company has hiked the rates of its two sedans, i.e., Hyundai Elantra 2000cc and Hyundai Sonata (all variants). The new prices are applicable from October 1, 2022.
New Hyundai Car Prices
Following are the new prices for these sedans.
Hyundai Elantra
The Hyundai Elantra price in Pakistan saw a jump of Rs. 200,000 taking the price to Rs. 5,699,000 from the previous price of Rs. 5,499,000.
Hyundai Sonata
The D-segment sedan comes in two variants and:
- Hyundai Sonata 2.0 observed an increase of Rs. 250,000 taking the price to Rs. 8,149,000 against the old rate of Rs. 7,899,000.
- Meanwhile, the new price of the second variant, Sonata 2.5, is Rs. 8,899,000 compared to the last price of Rs. 8,499,000, meaning its rate has been increased by Rs. 400,000.
In its notification, the company said that in the current situation with volatile macroeconomic factors and costs of input, we are compelled to pass on partial burden to the customers. “At HNMPL, we have tried to accommodate our customers; however, with the current situation, we are forced to increase prices for selected variants,” the statement read.
Terms and Conditions for Hyundai Car Prices
- The old prices are applicable on all full payment orders for Elantra 2.0 and Sonata (all variants) till September 30, 2022, irrespective of tentative delivery month.
- The old prices are applicable on all partial payments for Elantra 2.0 and Sonata (all variants) with payment till September 30, 2022, irrespective of the tentative delivery month, if the customer made the remaining payment by September 30. Otherwise, new prices will be applicable to these orders.
- These prices are ex-factory Faisalabad, including FED, Sales Tax, and Dealer’s Commission.
- The customer will pay any impact on prices due to changes in government levies (including FED, CVT, etc.), tariffs, fiscal policies, and import policies, etc..
What do you think about increase in Hyundai car prices? Do you think they are justified? Share your thoughts in the comments section.
