Azadi Offer Provides Discounts on Selected Hybrid Models Until August 31
LAHORE: Hyundai Nishat Motor has revised ex-factory prices for several hybrid vehicles following changes in Pakistan’s federal taxation policy.
The revised prices took effect on August 12, 2026. The company attributed the changes to measures introduced under the Federal Budget 2026-27.
The applicable sales tax increased to 25%, resulting in price increases of around 15.2% compared with pre-budget rates.
The Elantra Hybrid now carries a tentative ex-factory price of Rs11.4 million. The Tucson Hybrid Smart FWD costs Rs12.926 million.
Meanwhile, the Tucson Hybrid Signature AWD is priced at Rs14.101 million. The Santa Fe Hybrid Smart FWD costs Rs14.574 million.
The Santa Fe Hybrid Signature AWD now has a tentative price of Rs16.123 million.
Hyundai Announces Independence Day Discounts
However, Hyundai Nishat has introduced a limited-time Azadi promotional offer on the affected models.
The promotion will remain available until August 31, 2026, to mark Pakistan’s 79th Independence Day.
Under the offer, customers can purchase the Elantra Hybrid for Rs10.761 million, saving Rs639,000.
The Tucson Hybrid Smart FWD will cost Rs12.202 million after a Rs724,000 discount.
Moreover, the Tucson Hybrid Signature AWD will be available for Rs13.3 million, offering savings of Rs801,000.
The Santa Fe Hybrid Smart FWD will receive a Rs1.316 million discount, bringing its price to Rs13.258 million.
The Santa Fe Hybrid Signature AWD will cost Rs14.72 million after a Rs1.403 million discount.
Customers making full payment can also secure a price lock during the promotional period.
Hyundai clarified that government tax changes caused the price revisions, rather than an independent company-imposed increase.
