Depreciation impact materializes, Honda Cars raise prices
MG News | June 21, 2019 at 05:38 PM GMT+05:00
June 21, 2019 (MLN): In response to the latest round of Rupee devaluation, Honda Atlas Cars (Pakistan) Limited has decided to increase the prices of its cars with effect from June 24, 2019.
The new prices are as follows:
| Models | Current Prices | New Prices | Increased by |
|---|---|---|---|
| TURBO RS | 3,799,000 | 4,199,000 | 400,000 |
| 1.8L VTI CVT | 3,199,000 | 3,599,000 | 400,000 |
| 1.8L VT SR CVT | 3,399,000 | 3,824,000 | 425,000 |
| 1.3L MT | 1,919,000 | 2,179,000 | 260,000 |
| 1.3L AL | 2,059,000 | 2,319,000 | 260,000 |
| 1.5L MT | 1,979,000 | 2,239,000 | 260,000 |
| 1.5L AT | 2,119,000 | 2,379,000 | 260,000 |
| 1.5L Aspire MT | 2,134,000 | 2,394,000 | 260,000 |
| 1.5L Aspire AT | 2,274,000 | 2,554,000 | 280,000 |
| BR-V MT | 2,284,000 | 2,589,000 | 305,000 |
| BR-V CVT | 2,434,000 | 2,784,000 | 350,000 |
| BR-V S CVT | 2,569,000 | 2,919,000 | 350,000 |
According to an official press document released today, the new RSP is applicable on new booking and back order with partial/full payments on the conditions listed below:
- Back order cars due till Jun-19 and payments clear (parked) till 21st will be delivered/invoiced in current price
- Consignment stock available at dealership can be converted/invoiced on current price till June 22nd, 2019.
- Remaining back order with full/partial payment will be invoiced on new price.
The company further notified that from July 1, 2019 any government taxes (FED, custom duty etc.) will be added on these new prices and will be communicated accordingly.
Apart from this, the current price of Civic 1.8L will be applicable till June 29th on back order, new order and consignment conversion where full amount are received till June 29th 2019, and are inclusive of all taxes effective on date of invoice.
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