i8 BMW price in Pakistan|bmw i8 pricing

Last Updated on January 1, 2024 by Ali

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BMW i8 Pricing – Introduction

The BMW i8 is a sports car that combines futuristic styling and advanced hybrid technology to provide a unique driving experience. The i8 is one of the most popular luxury sports cars in the world, and it is available in Pakistan through BMW’s authorized dealership. In this detailed note, we will discuss the i8 BMW price in Pakistan, its features, and the factors that affect its price.

The BMW i8 was delivered assembled (CBU) to Pakistan. It means the car is imported as a fully assembled unit locally. The Cars price in Pakistan is significantly higher than other cars in its segment due to high import duties and taxes levied by the government. As of September 2021, the i8 BMW price in Pakistan is approximately PKR 53,500,000. This price includes all taxes and duties by the government of Pakistan.

i8 BMW price in Pakistan
i8 BMW price in Pakistan

i8 BMW price in Pakistan

The i8 BMW price in Pakistan is subject to change due to many factors foreign exchange rates, changes in import duties and taxes, and other economic factors. The high import duties and taxes are the primary reason why the i8 BMW price in Pakistan is much higher compared to other countries. It is important to remember that the high taxes and duties the government imposes on imported luxury vehicles cause the cost of the BMW i8 in Pakistan to be significantly higher than in other nations.

Despite its high price tag, the BMW i8 was a famous choice seem car enthusiasts in Pakistan. The i8’s unique design, advanced hybrid technology, and impressive performance make it a standout choice among luxury sports cars. A 1.5-liter three-cylinder turbocharged engine and an electric motor combine to produce 362 horsepower. The vehicle can reach a top speed of 250 km/h and accelerate from 0-100 km/h in just 4.4 seconds.

The BMW i8 has equipped with a host of features such as full LED headlights, BMW’s iDrive infotainment system, heads-up display, surround-view camera system, and advanced safety features. The car also has a unique feature called the eDrive button, a driver to switch between different driving modes such as electric only, hybrid, and sport. The car’s sleek and aerodynamic design has made it one of the most recognizable cars on the road.

Price variation

The currency rate between the Pakistani rupee and the US dollar is one of the variables affecting the price of the i8 BMW in Pakistan. The exchange rate can fluctuate significantly, which can have a direct impact on the i8 BMW price in Pakistan. For example, if the Pakistani rupee weakens against the US dollar, the i8 BMW price in Pakistan will increase. Conversely, if the Pakistani rupee strengthens against the US dollar, the i8 BMW price in Pakistan will decrease.

Another factor in the i8 BMW price in Pakistan is the import duties and taxes by the government. The Pakistani government imposes high import duties and taxes on luxury cars, which can increase the i8 BMW price in Pakistan. These taxes and duties discourage the import of luxury cars and promote local production.

In recent years, the Pakistani government has introduced several measures to encourage the local production of cars. These measures include tax exemptions and incentives for local car manufacturers. As a result, many international car manufacturers have set up production facilities in Pakistan. However, the i8 BMW is still imported as a completely built-up (CBU) unit, which means it is subject to high import duties and taxes.

Conclusion

In conclusion, the i8 BMW price in Pakistan is affected by the high taxes and duties imposed by the government on imported luxury cars. It makes the price of the i8 BMW significantly higher in Pakistan compared to other countries. However, despite the high cost, there is still a market for luxury cars in Pakistan, and affluent individuals are willing to pay the premium price for the status and luxury these cars offer. Nonetheless, the government’s policy of promoting local production and discouraging imports of luxury cars has resulted in the emergence of some local luxury car brands in Pakistan, such as Master Motors’ Changan brand. The success of these local brands is in view, but they are providing some competition to imported luxury cars and may offer an alternative for buyers in the future.

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