Despite Price Revisions FAW V2 Remains the Best Value for Money Hatchback in Pakistan

Pak Rupee started to show a major decline against the US Dollar since December 2017. Automakers operating in Pakistan were quick to respond by increasing the prices of vehicles sold in the country.

Related: Rising Car Prices Will Have a Negative Affect on the Automobile Industry

Since January 2018, car prices in Pakistan have been revised up to 5 times already, witnessing an increase of up to 18% during this period. Pak Suzuki Wagon R VXL used to cost PKR 10.94 lac in December 2017, while its now available for PKR 12.74 lac. The Wagon R VXR version went from PKR 10.54 lac in December 2017 to PKR 11.84 lac in November 2018.

Suzuki Cultus VXR went from PKR 12.7 lac to PKR 13.8 lac, the VXL version saw an increase from PKR 13.91 lac to PKR 15.01 lac, whereas the top-spec VXL AGS which was launched at a price tag of PKR 15.28 lac is now available for PKR 16.08 lac.

Suzuki Swift, with least impressive sales figures used to cost PKR 14.05 lac for manual and PKR 15.41 lac for the automatic variant earlier this year. It now cost PKR 15.15 lac for the manual and PKR 16.51 for the automatic variant as of November 2018.

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Pak Suzuki has announced to discontinue the Mehran, as the company is no longer accepting bookings and is only delivering those units that are already booked. Due to this the latest round of price revisions doesn’t affect the Mehran. However it still got its priced increased from PKR 7.09 lac to PKR 7.69 lac for the VX, and PKR 7.62 lac to PKR 8.40 lac for the VXR version.

FAW V2 also witnessed price revisions since January 2018, increasing from PKR 10.69 lac to PKR 12.89 lac in November 2018. Despite the immense price increase, the V2 still remains the best value for money (local assembled) hatchback available in Pakistan.

Related: FAW V2 Just Got Even Better

Unlike other hatchbacks which literally remains unchanged, the V2 have seen certain improvements such as the introduction of black interior, as well as swapped headlight/ indicator and wiper stalk back to their conventional locations. As opposed to what we are used to, FAW V2 had the wiper stalk on the right hand side of the steering assembly whereas the headlight & indicators stalk were on the left.

United has also introduced the Bravo hatchback last month and is currently accepting bookings, however the company is yet to open dealerships across the country as its currently only available in few selected cities of Punjab. According to information, due to Rupee depreciation against the Dollar, United may also increase the price of Bravo hatchback which was launched at PKR 8.5 lac.

And with every newcomer targeting the minivan and commercial pickup segment, there is no chance for auto consumers of Pakistan in near future to get a reasonably priced car packed with worthy features. So for now FAW V2 remains the only option that offers good value for money against a comparatively lesser amount of money.

Related: What Owners Have To Say About FAW V2

It is the only local assembled hatchback under PKR 13.0 lac to come equipped with Dual Airbags, ABS with EBD, Alloy Wheels, Power Windows, Electric Power Steering, Central Locking and Engine Immobilizer. The only thing FAW V2 lacks is the automatic transmission variant, which if introduced, would help the company achieve even better sales.

About UsmanAnsari

A 3d animation professional, car enthusiast, petrolhead and social media influencer. Founder of CarSpiritPK.com

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