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Suzuki is the famous company for its automobiles. It is a Pakistani company and is a subsidiary of Japanese automaker Suzuki. New models are announced almost every year to satisfy customers and build their trust. A news about increasing in prices of Suzuki vehicles is revealed that might upset many of its customers who were regular buyer of Suzuki motors. It is latest auto maker assembler to raise prices after Indus motors and Honda cars. Indus motors increased the prices of its vehicles between RS.230,000 to 830,000. The reason of increasing the price has not come on the news yet but many dealers are suggesting their own reasons to justify this act.
Pak Suzuki motors has increased the prices of multiple models.
Model |
Version |
Current Retail Prices. Tax Exclusive |
Price Raised |
New Price Exclusive of Tax |
Bolan |
VX IM |
1099000 |
35000 |
1134000 |
Bolan |
cargo |
1040000 |
35000 |
1075000 |
Ravi |
STD |
999000 |
35000 |
1034000 |
Company did not mention the reason of increasing prices. However, customers who already have booked the cars with full payments before announcement will get their cars at old prices. This will lead relief to them.
Those customers who have not done any payments for booking they will get the cars at new rates. And those with partial payments will be giving payments on the basis of new rates. Similarly those customers who didn’t do their balance payments with in the delivery time will be alleged to pay for the cars on basis of new rates.
From August 8th, 2020 all orders will be dealt with new rates.
Increased in prices of dollars affected the prices of imported parts of cars. Currency devaluation largely effect the prices of car in Pakistan as most of the pats of cars are imported. This also lead fall in sale of these high-priced cars. People are less interested in buying costly vehicles. They probably wait for the prices to get less. One of the reasons of raising rates of cars includes low rate of sales of cars. But this is not authentic point on which this decision should be made. And high rates will make the sales less more. That will definitely affect the production as well. Most of the people are not happy with increased rates of these cars.