Honda Car Prices Increased by Up to PKR 400,000

Honda Atlas has revised the prices of its products citing declining Rupee value against US Dollar & negative exchange rate impacts as the reason. The new prices will take effect from the 24th of June 2019.

Furthermore Honda Atlas has stated that from 1st July 2019, any government taxes will be added to the new prices and will be communicated to the customers accordingly. Bear in mind the government in the newly announced Financial Budget 2019-20 has proposed an additional FED on cars with various engine displacements.

Related: Al-Haj FAW Vehicle Prices Increased

Once approved from the National Assembly, car prices will see another increase with 2.5% FED imposed on vehicles up to 1000cc engine capacity, 5% FED on vehicles with 1001 to 2000cc engine capacity and 7.5% FED on cars above 2001cc engine displacement.

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