Latest price of Honda cars after rate hike

Owing to the “uncertain economic conditions”, Honda Atlas Cars Monday decided to pass on the burden to its customers by raising the price of its CKD models.

The carmaker cited inflation in material cost and volatility of forex as two major reasons behind its decision to increase the prices by up to Rs550,000, a notification issued in this regard said, with the new rates coming into effect from January 23, 2023.

The news retail sale price (RSP) would be applicable on all new orders booked from January 23, and onwards.

Here is a price breakdown of the models:

Variants

Old Prices

News Prices

Difference

City MT 1.2L Rs3,769,000 Rs4,069,000 Rs300-000
City CVT 1.2L  Rs3,899,000 Rs4,199,000 Rs300,000
City CVT 1.5L  Rs4,139,000 Rs1,449,000 Rs310,000
City Asp MT 1.5L Rs4,299,000 Rs4,629,000 Rs330,000
City Asp CVT 1.5L Rs4,479,000 Rs4,799,000 Rs320,000
BR-V CVT S Rs4,939,000 Rs5,299,000 Rs360,000
HR-V VTI Rs5,999,000 Rs6,399,000 Rs400,000
HR-V-VTI S Rs6,199,000 Rs6,599,000 Rs400,000
Civic 1.5L M CVT Rs6,349,000 Rs6,849,000 Rs500,000
Civic 1.5L Oriel M CVT Rs6,599,000 Rs7,099,000 Rs500,000
Civic RS 1.5LL CVT Rs7,549,000 Rs8,099,000 Rs550,000

It should be noted that all orders created till January 21 with complete payments (instrument date till January 21 will be invoiced on the previous retail sale price.

Meanwhile, unclear total back order as on January 21 for which the full/balance payment instrument is dated after January 21 will be invoiced on the price prevailing at the time of delivery.

The company also mentioned that these prices — ex-factory rates inclusive of sales tax, federal excise duty and CVT — above mentioned are provisional and the price applicable at the time of delivery will be final.

The customers would also bear any government tax applicable at the time of delivery and the committed delivery time may delay due to the current uncertain import situation.

source geo news


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