In HS Essence old prices, MG jacks up Rs. 500,000

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In order to end its Ramadan Offer before Eid, MG Pakistan announced a significant price increase for HS Essence. The new price for MG’s top-of-the-line SUV as of April 18 is as follows:

Model Old Price (Rs.) New Price (Rs.) Increase (Rs.)
MG HS Essence 8,199,000 8,699,000 500,000

In the midst of a significant wave of price increases brought on by the 7% increase in General Sales Tax (GST) on luxury vehicles and SUVs last month, MG decided not to raise the price of HS Essence.

The automaker took a risky but wise decision by keeping the pricing of its flagship SUV the same, which is probably why it attracted so many consumers.

MG HS Essence Affordability in Old Price

With a month-old MSRP of Rs. 8.2 million, the MG HS Essence was much more affordable than other vehicles in its class.

But it’s important to note that MG HS still has an advantage over its rivals. At this time, the Kia Sportage is the only C-Segment SUV that is less expensive than the MG HS.

Although the latter has a bigger market share, it is substantially less luxurious and has fewer features than HS.

The advantage of HS over other SUVs in this class is that they are either much more expensive or have less amenities.

To read our blog on “MG brings back vintage vibes, its 99 years old legacy,” click here.

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