Hyundai Nishat Motor (Private) Limited’s prices have increased for Hyundai cars for the second time in a week, suggesting that the new General Sales Tax (G.S.T.) has somehow had a greater impact on this company than other automakers. On February 22, 2022, the company raised the prices in response to the government’s increase in G.S.T. from 17% to 18%.
The company once more cited the 18% G.S.T. (S.R.O. 179(1)2023) and the P.K.R. depreciation against the USD in its notification as the causes of the new increase. For our CKD variants, we are forced to pass on some cost pressures to customers, the business claimed.
New prices will be applicable on all new orders for April 2023 deliveries and onwards.
New Hyundai Car Prices
Here are the new prices of Hyundai cars.
Elantra New Prices
The prices for all the variants of the Hyundai Elantra have been increased.
- The price of Elantra 1.6 increased from Rs. 5,749,000 to Rs. 5,849,000. Meaning the car’s price observed a jump of Rs. 100,000.
- Similarly, the price of Elantra 2.0 got hiked from Rs. 6,154,000 to a whopping Rs. 6,349,000, highlighting an increase of Rs. 195,000.
Sonata New Prices
- Hyundai Sonata 2.0L now costs Rs. 9,129,000 instead of Rs. 8,724,000. Its price is up by Rs. 405,000.
- Moreover, the price of Sonata 2.5L is increased from Rs. 9,484,000 to Rs. 9,939,000. Meaning the price is up by Rs. 455,000.
Tucson New Prices
- Hyundai Tucson FWD used to cost Rs. 7,464,000, but after the price jump of Rs. 105,000, it has now reached Rs. 7,569,000.
- Meanwhile, Tucson AWD saw a price hike of Rs. 200,000, going from Rs. 7,969,000 to Rs. 8,169,000.
Porter H-100 New Prices
- Porter H-100 Deckless prices increased from Rs. 3,388,000 to Rs. 3,589,000. Meaning the car’s price observed a jump of Rs. 201,000.
- The price of Porter H-100 Flat Deckless got hiked from Rs. 3,408,000 to Rs.3,609,000, highlighting an increase of Rs. 201,000.
- Moreover, the price of Porter H-100 High Deck is also up by Rs. 201,000, taking its price from Rs. 3,428,000 to Rs.3,629,000.
