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Hyundai Announced a Big Price Hike in November 2021

Again a piece of bad news for Hyundai users because Hyundai Announced a Big Price Hike in November 2021. Price Increased from 100,000 Pkr to 200,000 Pkr which is a big amount.

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Hyundai Nishat, like all other manufacturers, has increased car pricing in response to the ongoing supply chain problem, devaluation of the local currency, and increases in the cost of raw materials and freight costs.

Hyundai’s new car pricing will be as follows:

VehiclesOld PricesNew PricesIncrease
Elantra 2.0L3,899,0003,999,000100,000
Tucson GLS Sport4,979,0005,179,000200,000
Tucson Ultimate5,469,0005,669,000200,000
Sonata 2.0L6,399,0006,499,000100,000
Sonata 2.5L7,099,0007,299,000200,000
Latest Price

The modification will be applied in the following order:

  • The new prices of the Elantra and the Sonata will be applicable on all the orders made before December 2021 with an invoicing date of 1 January 2022 and onward.
  • The current prices of the Elantra and the Sonata will be applicable on all the partial payment orders for a tentative delivery month until December 2021.
  • The new price of the Hyundai Tucson will be applicable on all the new orders made from 1 December 2021 onward.

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The domino effect of price increases is in full swing, and all automakers are likely to follow suit. It is worth noting, however, that all automobile firms have only raised the cost of their locally produced vehicles, with the exception of Kia Lucky Motors, which has raised the pricing of the Carnival (a CBU vehicle) while leaving the Sorento (a locally assembled vehicle) alone.

Nonetheless, it is expected that this is only the beginning of a series of price increases from all of the automakers.

What you think let us know in the Comments Box!

Waqas Afzal

Professionally Mechanical Engineer. Love to try new things. Traveler and Foody. If you have any suggestions you are always welcome.

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