Honda City New Price in Pakistan 2024: In a positive development for car lovers as several automakers started lowering car prices and now Honda announced a drop in the prices of its famous sedan City.
Honda Atlas Car followed Toyota in a price drop and lowered prices by Rs140,000.
The new price of the City MT1.2L stands at Rs4.649 million, after price discount of Rs50,000 while City CVT 1.2L’s price has also been reduced by Rs140,000 to Rs4.689 million.
Honda City Price in Pakistan March 2024
| Model | Old Price | New Price | Difference |
| City MT1.2L | Rs4.699 million | Rs4.649 million | Rs50,000 |
| City CVT 1.2L | Rs4.829 million | Rs4.689 million | Rs140,000 |
The price drop comes in response to recent 25pc sales tax increase on vehicles above Rs4 million.
Honda Atlas Pakistan avoids increased tax on cars with engine sizes above 1400cc and those priced above Rs4 million.
The newly elected government initially intended the tax increase for cars with engine sizes of 1400cc and above, but SUV below 1400cc were affected, leading to the inclusion of a Rs4 million price cap.
The auto sector of Asian nation remains in dire straits amid high-interest rates and production costs, resulting in higher car prices and a decline in sales.
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