Prices will decrease after recent changes

[pwuser161116162678]

Here is my observation...
Car price prediction is a tricky question when inflation is surrounding every economy but here is what I understand...

Dollar rise (stopped so far),
RD/RegulatoryDuty and customs duty (reduced to original allowing cars to enter market and with 4000 on port cars being cleared),
LuxuryTax impacting higher end 1800cc n above when it got hiked from 17% to 25% (yet to be revised).

What I Notice is that 3 local manufacturers are closed too.. this is because the buyers are not ready to pay current prices.
So this seems the peak where nothing is working.
Any relaxation from govt (only when financial crunch eases out) will lead to price drop.
Current RD reduction will surely have an impact in coming days.
Economic conditions are relaxing too so we can expect something I budget.

60/80 days wait and things will keep changing..though I see new cleared cars on PakWheels
Watch this..

As a reference there are many other sectors from which duties are removed at the same time..
One is Mobile industry and many companies have recently revised this prices since they arrive quickly to market..
50k mobile gets reduction of around 10k..
The impact has started on mobile industry.. dollar impact applies here too.. and the reduction from Techno and Infinix is big..
So expecting change to start in auto sector too..
Read this..
https://pkrevenue.com/infinix-pakistan-reduces-phone-prices-as-regulatory-duty-ends/amp/

Let’s see..

[sardarg]

isn't it like increasing 70% flat and after some time offer 25% bumper discount sale with almost every trade in Pakistan ??

[pwuser161116162678]

There are 2 categories.. below 1800cc cars get a 100% RD withdrawal whereas 1800cc n above gets reduced from 100% to 70%.
This is what the video says.

[waleed80]

whatever the video says, whatever the Govt says, dont expect anything good in this country. Prices will never reduce, come what may. mein bhee yahan hoon, aap bhee yahan hein. just watch

[pwuser161116162678]

This is my observation based on what’s happening.. new Japanese cars are posted daily on pakwheels.. Let’s see..

[sardarg]

sir ji videos tou bohat hayn eik sai eik mazaydar

jab taak sarkari notification aur LC / IMPORT foreign exchange restriction ka masla khatam nai hota us waqt taak sab kuch hawa hawai hai .

video mai jo allama bhashan day rahay hayn un ka sath ja kar koi eik vehicle zara reduced rate par purchase karayn laag pata jai ga

[salman_w]

My view on the above situation is that in a heavily import based country prices are bound to rise. The more imported products we use the more inflation will rise. It is to a point where govt. duty reduction will be evened out by inflation. All one has to do is wait a little. People will hold on to assets and without any LCs and heavy import reductions prices are bound to rise. We should as a notion work on building a circular economy and produce products indigenously. These expensive trains, and highways are far beyond our affordance.