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Hyundai Porter Price Decreases

Jawad  09 Sep 2022   397
Hyundai Porter Price Decreases

Hyundai Porter Price Decreases

Due to decrease in prices of the vehicles, Hyundai Nishat gave the slight relief of price decrease in their vehicles so that the customers will be attracted to their vehicles. The customers can note their Hyundai Porter Price Decreases.

The company has issued the notification that the government has removed applicability of the capital value tax on their commercial vehicles and the company is going to trickledown effect to the customers. Hyundai has decreased the price of the vehicle, Porter. 

New Prices

You can find the new prices of Hyundai Porter:
Porter Variant Old Prices (PKR) Current Prices (PKR) Difference (PKR)
H-100 Deckless 3,190,0003,158,00032,000
H-100 Flat Deck 3,210,0003,178,00032,000
H-100 High Deck3,230,0003,198,00032,000

Reason Behind Not Decreasing the Prices

There are some of the big market players, who have decreased the car prices because of the increase in Pakistani currency and Hyundai has announced not to increase the car prices. 

The company did their comparison of their car with other car companies and they found that their price revisions have been lowest in the industry and some other companies have reduced the prices of the cars. The rate of Hyundai was still lower than the prices of other cars. When other companies increased the prices of their vehicles by 22 to 24%, at that time Hyundai increased the rates of their cars by only 13%, which was smaller increase of their vehicles if compare to others.

The company also mentioned that how they have not cancelled the order intake for their vehicles unlike other companies. They find it a big difference between Hyundai and its competitors and Hyundai failed to meet the demands of the public and it seemed that it is big advantage in the market.  

Terms and Conditions:

The company applied revised RSP to all new order intake and on the pending orders as of 7 September 2022 for the Porter H-100 variants.

The revised RSP shall be applicable for all Porter orders, which are invoiced from 22 August 2022 and onwards. 

The ex-factory Faisalabad prices per unit are added with FED, Sales Tax & commission of the dealer. 

Due to change in government levies with CVT and FED etc, tariff, import policies, fiscal policies, there will be impact on the prices of the vehicle, which will be on account of the customer.

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