Upto RS 710,000 Suzuki Swift Price Drop

It is finally the season of price cuts in Pakistan, which signals a major change in the way the market works. As Kia and Peugeot did earlier, Suzuki Pakistan has decided to follow suit by dropping the prices of its beloved hatchback, the Suzuki Swift. In a recent announcement, the company said that, given the current market scenario, they are happy to introduce special retail pricing for the Swift starting May 1, 2024 after Upto RS 710,000 Suzuki Swift Price Drop in Pakistan.

Here Are The Revised Suzuki Swift Price In Pakistan:

The Swift GL MT, which was earlier priced at Rs. 4,421,000, now reduced to Rs. 85,000, its new price is Rs. 4,336,000
The GL CVT variant, which was earlier priced at Rs. 4,719,000, a decrease of Rs. 159,000, bringing its new value to Rs.4,560,000.
The price of the top-spec Swift GLX CVT has been significantly reduced by Rs. 710,000, 4,719,000 down to Rs 5,429,000 bringing its previous price.

As per company policy:

The updated prices include Federal Excise Duty (FED) and sales tax. However, Advance Income Tax is not included in these prices.
These prices are subject to change without prior notice.
Customers are responsible for meeting any additional government taxes and levies applicable at the time of delivery.

The Price Drop Season Is In Full Swing:

Kia Lucky Motors and Peugeot Pakistan made headlines this week with significant price cuts on their vehicles, especially the Stonic. Kia’s announcement of a Rs 1.5 million price cut on the Kia Stonic has caught many off guard. After this reduction, the Stonic became more affordable than both the Honda City and even the top-of-the-range Suzuki Swift, much to the surprise of many. Kia’s strategic move aimed at gaining traction in the domestic market seems to have paid off, as reports suggest a very positive response from customers, with bookings of the Stonic soaring.

It will be interesting to see Suzuki’s response to the competition from the Kia Stonic. By significantly reducing the price of the Swift, Suzuki aims to stay competitive in the market and provide customers with more options in the same price range. This move not only reflects Suzuki’s adaptability but also indicates healthy competition in the domestic market which is beneficial for consumers.

Offering a diverse range of choices at competitive prices can really stimulate market growth and give consumers better value for their money. Overall, this is a positive development for the local automotive industry, and I believe it will increase customer satisfaction and market dynamism.