MG Motors Pakistan, one of Pakistan’s premier vehicle producers, recently surprised customers by offering them discount for its popular SUV MG HS Essence Price In Pakistan.
“MG Pakistan is delighted to share with their valued customers an updated of MG HS Essence price in Pakistan which will now stand at PKR 8,099,000 effective from 16th October 2023.” Previous price of MG HS Essence was PKR 8,699,000.
MG’s move is more than a price cut; it shows their commitment to passing on any benefits accrued from favorable forex conditions. When Pakistani Rupee returns strength against US Dollar, import costs decrease and this benefit should be passed onto customers by MG. As stated by their firm’s statement “this move exemplifies our unwavering dedication of always keeping customers at the center of everything we do”.
Recent currency fluctuations have resulted in the price for the MG HS Essence seeing a substantial reduction of Rs 6 lakh and currently standing at an attractive Rs 8,099,000.
MG’s long history is filled with memorable driving experiences. Their company statement expresses this sentiment perfectly: “MG aims to excite your passions while giving you control.”
However, prospective buyers must remember that the new ex-factory price will take effect starting 16 October 2023 and any taxes or levies levied by the government at delivery time will fall on them, according to an announcement issued today.
Experts predict that this dramatic decrease in price, due to favorable forex conditions and strengthening local currencies against the US dollar, may prompt other market players to follow suit and drop prices significantly as consumers wait in anticipation for more pleasant surprises in their automotive sectors.