MG Motors Pakistan has announced a substantial price reduction for its MG HS Essence model. This move comes as a result of the Pakistani currency’s appreciation against the US dollar, which has started to benefit customers gradually.
The price of the MG HS Essence has been slashed by Rs. 600,000, bringing the new cost to Rs. 8,099,000. This significant price cut is expected to make the vehicle more affordable for potential buyers and boost sales for MG Motors in the region.
In addition to the price reduction, MG Motors has also introduced a ‘refund offer’ for customers who register their HS Essence.
The company announced via a social media post that customers who register their MG HS Essence will receive a refund of Rs. 200,000 along with other exciting benefits.
This announcement follows MG’s recent acceptance of bookings for its two electric models, the ZS EV and the MG4 EV.
These electric vehicles are available in two variants each, with a booking amount set at Rs. 5 million. The estimated delivery time for these models is approximately four months.
Furthermore, MG has also offered a 5-year or 150,000 km warranty, plus an additional 8-year battery warranty for these electric models.
These strategic moves by MG Motors Pakistan aim to attract more customers and strengthen their market position in the country. The significant price cut on the MG HS Essence, coupled with the refund offer, is expected to increase the model’s popularity among car enthusiasts in Pakistan.