Pak Suzuki Announces Major Reduction In Car Prices; Check New Rates

The price drop season in Pakistan has ushered in a notable change in market dynamics. Suzuki Pakistan followed suit after Kia and Peugeot announced substantial price reductions for its popular hatchback, the Suzuki Swift.

This move aims to inject dynamism into the market and offer customers a more competitive pricing landscape.

New Pricing Details

Suzuki Pakistan has announced promotional retail sales prices for the Suzuki Swift, effective from May 1, 2024. The revisions in prices are as follows:

  • The Swift GL MT variant, previously priced at Rs. 4,421,000, now costs Rs. 4,336,000 after a reduction of Rs. 85,000.
  • The GL CVT variant, previously priced at Rs. 4,719,000, now stands at Rs. 4,560,000 following a reduction of Rs. 159,000.
  • The top-of-the-line Swift GLX CVT variant sees a significant drop of Rs. 710,000, bringing its price down to Rs. 4,719,000 from Rs. 5,429,000.

Terms and Conditions

Suzuki Pakistan specifies the following terms and conditions:

  • The revised prices include Federal Excise Duty (FED) and sales tax, with advance income tax excluded.
  • Prices are provisional and subject to change without prior notice.
  • Customers will be responsible for any government taxes and levies applicable at the time of delivery.

Market Trends

This move by Suzuki follows similar initiatives by Kia Lucky Motors and Peugeot Pakistan, particularly with their models like the Stonic. Kia’s announcement of a significant reduction in the Stonic’s price by Rs. 15 lacs has sparked considerable interest, positioning it competitively against vehicles like the Honda City and even Suzuki Swift’s top-of-the-line variant.

In response, Suzuki’s decision to decrease Swift’s price aims to maintain its competitiveness in the market, providing consumers in the same price range with another viable option. These developments signal positive momentum in the local market, which has experienced stagnation in recent times.

Seeking Feedback

Suzuki Pakistan values customer feedback and encourages opinions on the revised pricing of the Suzuki Swift. Customers are invited to share their thoughts in the comments section below, as their insights are essential in ensuring the best value and service provision to all customers.

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