Pak Suzuki Motor Company has made big cuts to the prices of Swift cars, dropping them by as much as Rs. 710,000. This offer is only for a limited time. Suzuki has changed the prices starting May 1, 2024, because of the current market situation.
| Variant | Price | Filer | Non-Filer |
|---|---|---|---|
| Swift GL | PKR 4,336,000/- | PKR 25,000/- | PKR 75,000/- |
| Swift GL (CVT) | PKR 4,560,000/- | ||
| Swift GLX (CVT) | PKR 4,719,000/- |
*Accessories are not included in the standard model
Here’s how the prices have changed:
- The Swift GL MT will now cost Rs. 4,336,000, which is Rs. 85,000 less than its earlier price of Rs. 4,421,000.
- The Swift GL CVT is now priced at Rs. 4,560,000, down by Rs. 159,000 from its previous price of Rs. 4,719,000.
- The Swift GLX CVT has seen the biggest drop, now at Rs. 4,719,000, which is Rs. 710,000 less compared to its earlier price of Rs. 5,429,000.
These new prices include FED and Sales Tax but not Advance Income Tax, as mentioned in the official notice.
Shafiq Ahmed Shaikh, who is in charge of Corporate Affairs at Pak Suzuki Motor Company, explained that these price cuts are temporary. He said they’re doing this to stabilize the economy and reduce currency changes. He also mentioned how government policies and the Special Investment Facilitation Council (SIFC) supported this decision.
This move by Pak Suzuki is happening when other car companies are also adjusting their prices. Lucky Motor Corporation recently reduced the price of KIA’s Stonic EX+ in Pakistan, from Rs. 6,280,000 to Rs. 4,767,000 starting April 29.
Experts in the industry think these price changes are smart moves to increase demand and compete better in the tough car market. Mohammed Abrar, who studies cars at Arif Habib Limited, thinks these actions are about getting more customers in changing market conditions.
