Home Price in PakistanIn 2016, New Honda Civic Cost Rs. 24 Lakhs, Cheaper Than Today’s Suzuki Alto at Over Rs. 27 Lakhs

In 2016, New Honda Civic Cost Rs. 24 Lakhs, Cheaper Than Today’s Suzuki Alto at Over Rs. 27 Lakhs

by Mahnoor Arif

The Pakistani auto market has seen dramatic price shifts over the last decade, highlighting the effects of inflation and rising production costs. In 2016, the Honda Civic was launched at Rs. 2,349,000 (around 24 lakhs), offering buyers a premium vehicle experience at a relatively affordable price. At the same time, basic entry-level cars were significantly cheaper.

Fast forward to 2025, and even the Suzuki Alto, one of the most affordable cars in Pakistan, now costs Rs. 2,707,000 (over 27 lakhs). This means that a small, economy car today is more expensive than a premium car was less than a decade ago. The steep increase in prices reflects broader economic trends, including currency depreciation, rising import costs, and higher manufacturing expenses.

The shift has made car ownership increasingly difficult for middle- and lower-income families. Many potential buyers now face a choice between compromising on quality or postponing their plans to purchase a car altogether. Experts say that the automobile sector has been disproportionately affected by taxation and regulatory changes, further contributing to rising costs.

These changes also affect daily life in Pakistan, where many rely on personal vehicles for commuting and business. While auto companies continue to introduce new models, the gap between income and car prices has widened, making affordability a major concern.

This decade-long price trend highlights the importance of policy support, domestic production, and financial planning for prospective car buyers. It also underscores the challenges of maintaining affordable transportation in a country experiencing rapid economic shifts.

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