Rising Dollar prices in Pakistan has led to an increase in prices in almost all sectors. Same is the case with the automobile industry.
Car prices are soaring and amid speculations, Al-Haj FAW has also revised the prices for its various models. The increase ranges from Rs. 80,000 to Rs. 100,000.
Here are the updated prices for different vehicles:
|Product & Model||Version||Price (Rs)||Advance Tax (Rs)|
|FAW X-PV 1000cc EFI Petrol||Standard||1,114,000||15,000||37,500|
|FAW Carrier 1000cc EFI Petrol||Standard||1,014,000||–||–|
|FAW V2 1300cc EFI Petrol||M/T||1,389,000||25,000||60,000|
Note that these revised prices are exclusive of the newly proposed Federal Excise Duty (FED), which once approved will see 2.5%, 5%, and 7.5% FED imposed on up to 1000cc, 1001-2000cc and above 2001cc vehicles respectively.
With these proposals and depreciation of the Rupee, other automakers are also expected to increase their prices in the near future.