Due to the recent increase in general sales tax and taxes on luxury items, automobile prices have hiked once again. The effects of these changes in tax policy by the federal government have influenced the highly demanded, Pak Suzuki Motor Company. The company has increased the prices once again. So, here are details regarding the Revised Suzuki Swift price in February 2023.
Suzuki Swift Price Revision
|Model||Old Prices||New Price||Difference|
|Swift GL M/T||3,807,000||4,052,000||245,000|
|Swift GL CVT||4,092,000||4,355,000||263,000|
|Suzuki Swift GLX CVT||4,462,000||4,725,000||263,000|
These are the revised price for Suzuki Swift 2023 for all three trim levels. Suzuki Swift GL M/T’s new price is PKR 4,052,000. Swift GL CVT price in Pakistan is PKR 4,355,000 and Suzuki Swift GLX CVT price is PKR 4,725,000.
The difference between the old and new prices ranges from PKR 245,000 to PKR 263,000.
Suzuki Swift Overview
Suzuki Swift is a locally manufactured vehicle by Pak Suzuki Motor Company. It has a 1.2 litre DOHC 16-valve 4-cylinder VVT petrol engine with a 1200cc engine capacity. It is available in both, five-speed manual and automatic transmissions. Its engine can produce 92 Horsepower and 113 Nm of Torque. PSMC offers three trim levels of Suzuki Swift: Swift GL M/T, Swift GL CVT, and Swift GLX CVT.
Further features include Daytime Running Lamps, Apple or Android phone mirroring and navigation on a 9-inch infotainment screen, airbags, cruise control and much more. This car is available in various colours like Solid White, Silky Silver, Mineral Grey, Phoenix Red, Black, and Cerulean Blue.
Reasons for Price Hike
PMSC has increased the price due to economic uncertainty in the country. The two main reasons behind these revisions are the devaluation of the Pakistani Rupee against the US Dollar. Moreover, Federal Government also passed the Finance Supplementary Bill 2023 which increased the general sales tax to 18 per cent and increased tax on luxury items. Therefore, the above-mentioned Suzuki Swift ex-prices will be implemented on the purchase of all new cars.