The list of cars which sell above invoice value isn't exactly small. Cars that sell above invoice value are some examples like WagonR, GLi, Altis 1.6, City, Civic X Oriel. Own/On/Premium adds up to all cars even slightly older respectively to derive their market value.
About the Grande at 23 Lakhs. Sorry but please check prices.
2412 invoice for the car in Lahore
75k WHT
90k Registration for Lahore
Do the maths please, whereas in this case the car is already registered and WHT paid on transfer is more than 3 times less on 2nd transfer. About the under invoice theory of yours. Find me a less than 5000 kns driven Civic for invoice plus registration cost only and I will buy 2 from you if thats the case. I planned to sell my Civic for some reason and got a few offers (but Allah ka karam had to deactivate the ad after 3 days as the reason went away luckily before I sold it) my total cost after registration was 2790 after adding Yokohama tyres for my Civic X and the lowest offer I got was 2875. Had made up my mind to give at anything close to 29.
Even as of today please find a Civic even 2016 Oriel that is available under invoice value. I will be happy to buy. Lets talk about Corolla GLi or Altis 1.6 if you think I am favouring Civic, please arrange me an under invoice registered GLi or Altis 1.6 I will even give you commission.
And if you don't believe cars selling at above invoice you probably don't live in Pakistan and haven't heard the word OWN/ON/PREMIUM which ends up affecting market vale of cars.
PS: which Grande is invoiced at 23 lakhs. Check Indus website that's not even Ex-factory at 23 Lakhs