Hyundai and Chery Pakistan have increased the car prices up to Rs1.2 million in Pakistan, reported 24NewsHD TV channel.

New Hyundai Car Prices

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.

Chery Pakistan Car Prices

Cherry Tigo-4 new price has been increased by Rs0.5m and the new price is Rs5.49 million.

Cherry Tigo-5 new price has been increased by Rs1.2m and the new price is Rs8.19 million.