Following the approval of the mini-budget, Pak Suzuki has increased the prices of its vehicles in view of the imposition of 2.5% federal excise duty on vehicles up to 1300 cc by the government.
According to the report of PakWheels report, new prices of vehicles have been announced by Suzuki.
The new prices will be applicable from January 19, 2022, and various models have become expensive from Rs 29,000 to Rs 1.5 lakh.
The price of the 660cc Suzuki Alto VX has been increased by Rs 32,000 and now it will be available at Rs 1.36 million instead of Rs 1.274 million.
The price of Alto VXR has increased from Rs 1.58 million to Rs 1.546 million after an increase of Rs 38,000.
The Alto VXLAGS model will now be available at Rs 17.47 lakh instead of Rs 1.74 lakh, meaning its price has been increased by Rs 43,000.
The price of 1000 cc Suzuki Wagon RVXR has increased by Rs. 117,000 and its new price is Rs. 1,877,000 compared to the previous rate of Rs. 1,760,000.
Wagon RVXL will be available at Rs. 19 lakh 75 thousand instead of Rs. 18 lakh 52 thousand.
The price of Wagon RAGS has been increased by Rs. 134,000 and now it will be available at Rs. 21 lakh 58 thousand instead of Rs. 20 lakh 24 thousand.
Similarly, the price of 1000cc Suzuki Cultus VXR has increased from Rs. 194,0000 to Rs.20,30000
Cultus VXL has been increased by Rs. 139,000 and now you will have to spend Rs. 2244,000 instead of Rs. 215,000 to buy it.
The price of Cultus VXLAGS has increased the most by Rs 1.5 lakh and now it has increased from Rs 22 lakh 72 thousand to Rs 24 lakh 22 thousand.
The price of Suzuki Bolan has been increased from Rs. 11 lakh 49 thousand to Rs. 11 lakh 78 thousand ie Rs. 29 thousand has been added.
After Pak Suzuki, other companies are expected to increase car prices, but it is difficult to say how long these announcements will last.