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Friday 26 April, 2024
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Honda Civic Price Nears 1 Crore after Price Increase

BY Farhan Khan Mar 11, 2023. 11:01 pm UPDATED: Mar 11, 2023. 11:01 pm

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Following the imposition of a 25% sales tax, the prices of Honda Civic trims have risen.

As part of the reforms related to the International Monetary Fund’s Ninth Review, the federal cabinet approved the Finance Supplementary Bill 2023, which allows an increase in general sales tax to 25% and additional taxes on luxury items.

Because of the uncertain economic situation and the depreciation of the local currency against the dollar, Honda Pakistan has increased the retail selling prices of Honda Civic trims.

We calculated the estimated new prices of these vehicles because it is almost certain that the government will impose a 25% GST on 1400cc and above vehicles.

Honda Civic RS Turbo 1.5L costs Rs. 9,744,703 instead of Rs. 9,199,000. Here is a list of Honda vehicles for your consideration. HR-V VTi-S, Honda’s crossover SUV, can cost up to Rs. 7,837,924 (up from Rs. 7,399,000).

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