Honda has reduced car prices, so the wait is over.

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Honda has reduced car prices, so the wait is over.

Aug 30, 2023 talha seo

And finally, the wait is over as Honda Atlas has finally announced the revised prices of its cars. The announcement comes after new Auto Policy (2021-2022). These are Ex-Factor prices. The new prices of Honda Civic and BRV as follows.

Honda Civic

The price of the Honda Civic 1.5 RS Turbo has been reduced by Rs135, 000, bringing it down to Rs4, 564,000 from Rs4, 699,000 previously.

The price of the second model, the Civic 1.8 i-VTEC CVT, has been reduced by Rs115, 000. This car was previously priced at Rs3, 729,000, but it is now priced at Rs3, 614,000. Finally, the price of the Civic Oriel 1.8 i-VTEC CVT has been reduced by Rs115, 000, bringing it down to Rs3, 864,300 from Rs3, 979,000 previously.

Honda Brv

Finally, the BR-V i-VTEC S A/T rate is reduced by Rs105, 000. This variant's new price is Rs3, 374,000, down from Rs3, 479,000 previously.

The federal government announced Auto Policy on July 7th. Khusro Bakhtiar, Federal Minister for Industries and Production, revealed the details of the new policy during a press conference. According to the minister, the following are key points of the new policy:

Car prices Decrease

New car prices will go into effect in the next 1-2 days.
Car prices up to 850cc will fall between Rs104, 458 and Rs142, 388.
Prices for cars with displacements ranging from 1001cc to 1500cc will fall between Rs112, 1 18 and Rs186, 375.
The price of a 1800cc car will be reduced by Rs169, 958, and the price of a 2000cc car will be reduced by Rs229, 458.
Additional Customs Duty (ACD) on CKD units for cars larger than 1000cc is reduced from 7% to 2%. Meanwhile, the ACD for cars with engines up to 1000cc will be 0%.

Taking Action against the ‘ON Money'

Culture Rs50, 000 to Rs200, 000 If the first registration is not in the name of the person who booked the vehicle, withholding tax will be applied.

If the car manufacturer delays the vehicle for more than 60 days (2 months), the company will be charged KIBOR + 3%.

The maximum upfront payment for a car reservation cannot exceed 20% of the invoice value.

talha seo

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