KARACHI – Honda City, the locally built hatchback, has managed to grab a strong share in the Pakistani market owing to its reliability, comfort, and performance.

The latest generation of Honda City features sharp body lines, push button start, keyless entry and others fascinating changes.

It also boats automated temperature control, a loaded steering wheel, modern LED headlights, LED taillights, and the newest multimedia system.

Under the hood, it is equipped with Water Cooled 4 Stroke, SOHCi-VTEC engine, which delivers a potent combination of power and fuel efficiency, ideal for urban commutes and long drives alike.

It features airbags, anti-lock braking system (ABS), and vehicle stability assist (VSA), providing safe drive on the road.

Honda City Variants

Honda City is currently available in following variants:

Honda City 1.2LS MT,

Honda City 1.2LS CVT

Honda City 1.5LS CVT

Honda City 1.5LAS CVT.

Honda City 1.2 New Prices in Pakistan from August

The ex-factory price of Honda City 1.2LS MT stands at 4,649,000 while Honda City 1.2 LS CVT costs Rs4,689,000, as of August 2024.

Honda City 1.2 Installment Plan by Meezan Bank

Meezan Bank offers Car Ijarah as Pakistan’s first Interest-free car financing. It is based on the Islamic financing mode of Ijarah (leasing). This product is ideal for individuals who want to get interest-free financing for acquiring locally manufactured /assembled vehicles.

Car Ijarah works through a car rental agreement, under which the Bank purchases the car and rents it out to the customer for a period of 1 to 5 years, agreed at the time of the contract. Upon completion of the Ijarah period, the vehicle will be sold at a token amount or gifted to the customer.

Here, we have gathered details of both Honda City 1.2 variants for three year installment plan with 30% security deposit and 5% Residual Value.

City 1.2 LS (CVT) (1199CC)

Price of Vehicle                 Rs. 4,689,000

Upfront Payment

Residual Value                  5%

Security Deposit               Rs. 1,406,700 (30%)

Processing Fee                  Rs. 3,100

Total Upfront                     Rs. 1,409,800

MONTHLY PAYMENT

Number of months           36

Rent per month                Rs. 139,264

City 1.2 LS (MT) (1199CC)

Price of Vehicle Rs. 4,649,000

UPFRONT PAYMENT

Residual Value                  5%

Security Deposit               Rs. 1,394,700 (30%)

Processing Fee                  Rs. 3,100

Total Upfront                     Rs. 1,397,800

MONTHLY PAYMENT

Number of months           36

Rent per month                Rs. 138,126