Here’s How Much Honda City and its Competitors’ Prices Have Increased Since 2021

 


B-Segment subcompact cars are arguably the most popular and volume driven in Pakistan. In the past two years, it has seen the arrival of several new entrants such as the all-new Suzuki Swift, Toyota Yaris, Changan Alsvin, and the sixth generation Honda City.


ModelsPrice in August 2021 (Rs.)Price in August 2022 (Rs.)Increase (Rs.)
Toyota Yaris
1.3 Gli M/T2,409,0003,799,0001,390,000
1.3 Gli CVT2,589,0004,039,0001,450,000
1.3 ATIV M/T2,519,0003,999,0001,480,000
1.3 ATIV CVT2,669,0004,209,0001,540,000
1.5 ATIV X M/T2,719,0004,309,0001,590,000
1.5 ATIV X CVT2,899,0004,569,0001,670,000
Honda City
1.2L MT2,599,0004,049,0001,450,000
1.2L CVT2,799,0004,199,0001,400,000
1.5L CVT2,899,0004,439,0001,540,000
1.5L Aspire MT3,019,0004,609,0001,590,000
1.5L Aspire CVT3,174,0004,799,0001,625,000
Changan Alsvin
1.37 M/T2,149,0003,394,0001,245,000
1.5 DCT2,399,0003,659,0001,260,000
1.5 Lumiere DCT2,589,0003,844,0001,255,000
Suzuki Swift
1.2 GL Manual1,972,000 (Old Model)3,349,0001,377,000
1.2 GL CVT2,148,000 (Old Model)3,599,0001,451,000
1.2 GLX CVT3,959,000

In recent times, however, the prices of all four subcompact cars have almost doubled due to the devastating local currency devaluation. Here’s how much the prices of these cars have gone up in a year:

As seen above, Changan Alsvin’s price has risen by the smallest amount, while those of its competitors have risen significantly. Toyota Yaris and Honda City, in particular, have seen a tremendous rise in price, which arguably places them at a disadvantage.


Alvin’s key selling point has always been its ‘value for money’. Despite the recent price hike, Changan Alsvin retains that selling point, which will likely help its sales in the future.

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