Since December 2017, car prices in Pakistan have witnessed a sharp increase in quick successions due to depreciating currency value and added duties and taxes by the government. This has badly dented the sales of local assembled automobiles and the industry is going through a turmoil which is undoubtedly the worst period experienced in the last decade or so.
Despite slowdown there were couple of new cars that were launched in recent times. Kia-Lucky Motors launched the 2nd gen 1.0L Picanto hatchback priced at PKR 18.99 lac for manual and PKR 19.99 lac for automatic. The Picanto price tag was a heated debate on social media as many went on to criticize company’s move to price it higher than the Pak Suzuki Cultus.
Pak Suzuki also introduced the Alto 660cc as a replacement of 800cc Mehran as the entry level hatchback in their lineup. Soon after its launch, the Alto saw a couple of major revision in its price with top-spec VXL variant reaching PKR 15.98 lac.
As for other available hatchbacks, the Pak Suzuki Cultus cost PKR 18.65 lac for VXL manual and PKR 19.85 lac for the VXL AGS variant. WagonR cost PKR 16.05 lac for VXR, PKR 16.95 for VXL and PKR 18.9 lac for the VXL AGS version. The Swift DLX cost PKR 19.95 lac and PKR 21.4 lac for manual and automatic versions respectively.
Considering this, the FAW V2 at PKR 15.74 lac is still the cheapest available option when it comes to buying a fully loaded local assembled hatchback in the market. Though one may bring United Bravo into debate but first it doesn’t offer any safety equipment such as ABS and airbags, secondly it still fails to have a nationwide presence even after more than 1.5 year since launch.
On the other hand, Al-Haj FAW has more than 20 3S centers across Pakistan, which is more than any other (Chinese) brand in comparison. The company also offers 3 years/ 60,000 km warranty with the V2.
Although FAW V2 has also witnessed multiple price revisions during this time, it still remains the best value for money (local assembled) hatchback available in Pakistan. FAW V2 comes equipped with 1.3 liter VCT-i engine, Dual Airbags, ABS with EBD, Alloy Wheels, Power Windows, Electric Power Steering, Central Locking and Engine Immobilizer. The only thing negative about FAW V2 is the absence of automatic transmission, which if introduced would help the company achieve even better sales.
The local assembled 1.3L FAW V2 hatchback