Hyundai hybrid car prices jump 15.2%, but Azadi offer gives buyers relief
The revised rates apply to several vehicles sold by Hyundai Nishat Motor. The company informed its dealers about the new prices through a circular issued on August 11. The revised rates came into effect from August 12, 2026.
Hyundai Nishat said the changes were linked to the Federal Budget 2026-27. The company pointed to the increase in sales tax to 25% on applicable vehicles.
Price increase linked to new taxes
The new rates affect several Hyundai hybrid models. The company said the higher prices resulted from changes in government taxation rather than a separate price increase decided by Hyundai.
The revised ex-factory prices are around 15.2% higher than their pre-budget levels. This means buyers now face a noticeably higher cost for the affected hybrid vehicles.
According to the revised price list, the Elantra Hybrid now has an ex-factory price of Rs11,400,000. The Tucson Hybrid Smart FWD is priced at Rs12,926,000, while the Tucson Hybrid Signature AWD costs Rs14,101,000.
The Santa Fe Hybrid Smart FWD has a revised ex-factory price of Rs14,574,000. The Santa Fe Hybrid Signature AWD now costs Rs16,123,000.
Azadi offer brings temporary relief
Alongside the price increase, Hyundai Nishat has announced a special Azadi promotional offer. The offer covers selected models and will remain available until August 31, 2026.
Under the promotion, eligible customers can get discounted ex-factory prices. This could provide some relief to buyers facing higher vehicle prices after the tax changes.
Customers who book an eligible vehicle through full payment can also receive a price lock. This means the vehicle’s ex-factory price will remain protected during the promotional period ending August 31.
What buyers should know
The new prices are effective while the promotional offer provides a limited window for customers to secure discounts. Buyers interested in Hyundai hybrid models may therefore want to compare the revised prices with the promotional rates before making a decision.
Hyundai Nishat has made it clear that the price revision is connected to the new government tax policy. The company said the increase was not independently imposed by Hyundai.
The higher prices are likely to make hybrid vehicles more expensive for Pakistani buyers. The temporary Azadi offer may reduce some of the impact, but the benefit is limited to selected models and a fixed period.
The price changes also show how changes in government taxes can quickly affect vehicle costs. Buyers may now pay closer attention to promotional offers as they look for ways to manage the higher prices.
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