Affordable Car Price in Bangladesh 2024
Cars have become an essential mode of transportation for urban people, especially those who live in Dhaka or other metropolitan cities in Bangladesh. If we look back ten or fifteen years ago, cars were not as readily available as they are now. The price of cars plays a crucial role here. Car prices in this regard. Compared compared to the previous era or decade, car prices in Bangladesh are now more reasonable.
There is a wide range of cars available in different price brackets. Whether you are looking for used cars, modified cars, or brand-new cars, you will find options that suit your budget. Some authorized dealers can provide you with brand-new cars from top brands.
Today, we will be sharing the the most affordable car options. This will give you an idea of the prices of all cars in Bangladesh, helping you make a better decision when it comes to purchasing a car.
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Different Types of Affordable Car Prices in Bangladesh
Car prices vary from brand to brand. There are three types of car prices you will find in Bangladesh. This write-up will show you all the related prices and other info. So, stay with us and explore the latest car prices in Bangladesh.
- Brand New Car Price
- Reconditioned Car Price
- Assembled Car Price
Brand New Affordable Car Price in Bangladesh
When you have enough budget and want to experience a brand-new car, you will get different budgeted car brands like Corolla, Axio, AUDI, BMW, Honda, and more. But you have to find an authentic dealer in Dhaka and then buy a brand-new car.
Other dealers might claim that they are the dealer of that particular brand and never trust their words. You should find out a dealer from a respected brand. Since you will buy a brand new car, you will invest a reasonable budget here.
The brand-new car price in Bangladesh will be 25 lakhs to 200 lakhs or 2 crore. You will find some budget-friendly brand-new cars within 35 lakhs as well. They are good enough and best for our country’s road conditions.
On the other hand, you may go for the Corolla Premier, which will be around 25 lakhs or 28 lakhs. They are the medium-budget car prices in Bangladesh.
Model | Hybrid/Non-Hybrid | Year | Current Price In BD |
Toyota Yaris Cross | Non-Hybrid | 2023 | 42-45 Lakh |
Toyota Harrier | Non-Hybrid | 2023 | 90-98 lakh |
Toyota Harrier | Hybrid | 2023 | 81-94 lakh |
Toyota Camry | Hybrid/Non-Hybrid | 2023 | 68-74 lakh |
Toyota Prius | Hybrid | 2023 | 42 lakh |
Toyota Voxy | Hybrid | 2022 | 49-52 lakh |
Toyota Fielder | Hybrid | 2023 | 32 lakh |
Toyota Noah | Hybrid | 2022 | 49-52 lakh |
Honda Vezel | Non-Hybrid | 2022 | 50-54 lakh |
Land Cruiser Prado | – | 2022 | 1.52 – 1.67 Lakh |
Apart from them, you will also find high-priced cars like the Toyota Land Cruiser Prado and Mitsubishi Brand Cars, which might cost you around 90 lakhs to two crores. These are the prices for brand-new cars. You may choose the suitable one for you according to your budget.
Whatever the budget is, if you want to buy brand-new cars, you have to buy the car from an authorized dealer or seller. They will provide you with all the necessary facilities and a warranty. So, don’t buy brand-new cars from so-called dealers.
Reconditioned Car Price in BD
If you ask which type of car is the most available in Bangladesh, the answer would be reconditioned cars. These are the most budget-friendly and popular cars for the price. The average price of a reconditioned car in Bangladesh is around 13 lakhs to 45 lakhs. The price depends on factors such as the car’s condition, engine, interior and exterior quality, and many more.
Since the tax rate for this business is very high, most people cannot afford a brand-new car. For them, reconditioned cars are the only option. Mainly, reconditioned cars are imported from other countries, and even the dealers collect used cars from local users.
In that case, they refurbish the car and buy it at a lower price. Let’s say the brand-new price is 25 lakhs. You can get the same model of reconditioned cars within 10-12 lakhs. The price of a reconditioned car is usually half the price of the original brand-new car, although it will vary from car to car.
If you feel that you need to travel with your family and buy a car for that, go for Toyota Esquire, Noah, or Hiace. Follow the link to know more details about this car, which is popular in the country.
Esquire
Noah
Hiace
When you buy an old model car, you can avail yourself of a one-fourth price. If the new car’s price is 30 lakhs, you can buy it for 7-8 lakhs. The same rules will be applied here. The engine and mileage will determine the price. We provide you with the real-time scenario of the current car price in BD.
Affordable Toyota Reconditioned Car Price in Bangladesh
Model | Hybrid/Non-Hybrid | Year | Current Price In BD |
Corolla Axio | Hybrid | 2017 | 16.5 Lakh |
Aqua | Hybrid | 2017 | 13.5 Lakh |
Allion | Non-Hybrid | 2017 | 26 Lakh |
Premio | Non-Hybrid | 2017 | 27.5 Lakh |
Fielder | Hybrid | 2017 | 16 Lakh |
CHR | Hybrid | 2017 | 25 Lakh |
Rav 4 2WD | Hybrid | 2019 | 52 Lakh |
Hiace Duel A/C | Non-Hybrid | 2017 | 23 Lakh |
Yaris cross | Hybrid | 2020 | 31 Lakh |
Corolla cross | Hybrid | 2021 | 48 Lakh |
Noah | Hybrid | 2017 | 25 Lakh |
Voxy | Hybrid | 2017 | 22.5 Lakh |
Esquire | Hybrid | 2017 | 26.5 Lakh |
Harrier | Non-Hybrid | 2017 | 49.5 Lakh |
Harrier | Hybrid | 2017 | 52 Lakh |
Land cruiser prado | Non-Hybrid | 2017 | 100 Lakh |
Alphard | Hybrid | 2017 | 65 Lakh |
Velfire | Hybrid | 2017 | 66 Lakh |
Prius PHEV | Hybrid | 2017 | 21.5 Lakh |
Prius Prime | Plug-in Hybrid | 2017 | 31 Lakh |
Sienta 7 seater | Hybrid | 2017 | 19 Lakh |
Assembled Car Price in BD
The third and last type of car price is the modified car price. It is similar to a reconditioned car. Sometimes manufacturers change the old model of a car and give it a new look. You may also consider it as a brand-new car. Mainly, the parts and engine of the modified car come from different countries.
Manufacturers put them together and create finished products. You may consider the Walton and Samsung assembly factories in this case. They follow the simple rule of obtaining all the parts from the mother country and assembling them in Bangladesh. This helps the manufacturer reduce the price of the car without compromising the quality.
Bangladesh has just started this process, and some entrepreneurs have come forward and started making cars in Bangladesh. The price of the assembled Bangladeshi cars ranges from 15 to 25 lakhs. Although they are Bangladeshi nameplate cars, you will get all the top-class parts and engines. Please contact us for more details.
Why is the car price in Bangladesh so high?
There are two main reasons why car prices are so high in Bangladesh. They are:
- Lack of Manufacturing
- Tax rate
Lack of Manufacturing
Car prices in Bangladesh are high due to the absence of car parts manufacturing companies and high tax rates. Despite having capable engineers and entrepreneurs, the lack of investment in the automotive industry discourages them from setting up factories.
As a result, some companies resort to assembling parts purchased from different countries. This practice makes it impossible to reduce the cost of components and control car prices, leading to higher prices compared to other countries.
Tax Rate
Another reason is the tax rate. Since manufacturers import all the required parts, engines, and wheels from other countries, the government taxed all these parts. Especially when you want to buy a brand-new car, you have to spend a lot of money on taxes. The yearly tax is about 25000 BDT. On the other hand, you have to pay the extra tax to release the car from CTG.
If you have 1500 CC car engines, you have to give 25000 BDT every year. The amount will change as per your CC capacity. So, whatever the reasons are, the tax rate plays a crucial role in higher prices.
Most selling Cars in Bangladesh
10 to 25 lakhs is the most popular car price range in Bangladesh. You will find both brand-new and reconditioned cars at this price, but reconditioned cars are the most popular ones. In this range, Toyota Axio, Fielder, and Aqua are the most demandable cars in Bangladesh.
Toyota Aqua
You will also find used cars at this price. People often buy brand-new cars, drive them for about ten years, then sell them at half price. They also buy another brand-new car, adding some more to their budget. Apart from the used cars, you will also be able to avail yourself of a brand-new car for 25 lakhs.
Toyota Premio
30 to 35 lakhs is another most selling car price in Bangladesh. Corolla, Premio, and other cars are available in this price range. You will find them within or around 35 lakhs. You can either buy them in cash or go for the installment process.
Which is the cheapest car in Bangladesh?
Suzuki Alto 800 is the cheapest car you will find in Bangladesh, which will cost you around 8,65,000/- BDT. So, the cheapest car price in Bangladesh is 8,65,000/-. If you have a budget of about 8 lakhs, you can buy a brand-new car. You will also find reconditioned cars at this price. You may find cheaper rates as well.
Low-price cars in Bangladesh have become a popular category for job holders. Since it is time-consuming to save 20 to 25 lakhs taka at a time, you can easily buy a car worth 6-8 lakhs. It will become easier for you. You may go for the installment facility and avail of such a car.
However, you may also find brands like Toyota, Suzuki, and their respective models within your budget. These brands help people to meet their dreams with their low-priced cars. If you plan to buy the cheapest car, you should go for them. They are trusted.
Closing Words
If you have queries regarding the car price in Bangladesh, you should give this article a second read. We have shown you everything regarding this fact. There are three different price ranges for the Bangladesh car price.
The price will vary from 8 lakhs to one crore. No matter your budget, you will find a suitable car within it. If you still have any queries, leave a comment. We will help you to finalize your budget.