Latest Car Price in Bangladesh 2022
Cars have become an essential vehicle for the urban people, especially those who live in Dhaka or other metropolitan cities of Bangladesh. If you look at ten years or fifteen years back, cars were not that available. Car price plays a vital role here. Car prices in Bangladesh are reasonable compared to the previous era or decade.
You will find cars in different price ranges. You have options to buy used cars, modified cars, brand-new cars, and more. Whatever the budget you have, you will find suitable cars. Some authorized dealers can give you brand new top branded cars.
Today, we will share the latest car price. You will get an idea about all the car prices in Bangladesh to help you make your buying decision better.
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Different Types of 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, keep with us, and explore the car price in Bangladesh.
- Brand New Car Price
- Reconditioned Car Price
- Assembled Car Price
Brand New Car Price in Bangladesh
When you have enough budget and want to experience a brand new car, you will get different budgeted cars—brands like Corolla, Axio, Premier, 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 the dealer from the 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 100 lakh or one 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.
Apart from them, you will also find high-priced car like Toyota Land Cruiser Prado and Mitsubishi brand cars, which might cost you around 50 lakhs to one crore. These are for the brand new car prices. You may choose the suitable one for you according to the 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 give you all the office facilities and a warranty. So, don’t buy brand new cars from the so-called dealers.
| Brand Name | Condition | Price |
|---|---|---|
| Toyota | Brand New | |
| Nissan | Brand New | |
| BMW | Brand New | |
| Audi | Brand New | |
| Hyundai | Brand New | |
| Honda | Brand New | |
| KIA | Brand New | |
| Mitsubishi | Brand New | |
| Mazda | Brand New | |
| Mercedes-Benz | Brand New |
Reconditioned Car Price in BD
If you ask which type of car is the most available in Bangladesh, the answer would be the reconditioned cars. These are the most budget-friendly and popular cars for the price. The average reconditioned car price in Bd is around 10 lakhs. The price depends on factors, including the car’s condition, engine, interior & exterior quality, and many more.
Since this business’s tax rate is very high, most people can’t afford the brand new car. For them, reconditioned cars are the only option. Mainly, reconditioned cars are imported from other countries, and even the dealers collect the used cars from the local users.
In that case, they furnish the car and buy it at a lower price. Let’s say the brand new price is 25 lakhs. You will get the same model reconditioned cars within 10-12 lakhs. The reconditioned car price is half the original brand new cars in most cases. It will vary from car to car.
Latest Toyota Reconditioned car price In Bangladesh
| Model | Hybrid/Non Hybrid | Price Range | Year |
|---|---|---|---|
| Corolla Axio | Hybrid | 16.5 Lac | 2017 |
| Aqua | Hybrid | 13.5 Lac | 2017 |
| Allion | Non-Hybrid | 26 Lac | 2017 |
| Premio | Non-Hybrid | 27.5 Lac | 2017 |
| Fielder | Hybrid | 16 Lac | 2017 |
| CHR | Hybrid | 25 Lac | 2017 |
| Rav 4 2WD | Hybrid | 52 Lac | 2019 |
| Hiace Duel A/C | Non-Hybrid | 23 Lac | 2017 |
| Yaris cross | Hybrid | 31 Lac | 2020 |
| Corolla cross | Hybrid | 48 Lac | 2021 |
| Noah | Hybrid | 25 Lac | 2017 |
| Voxy | Hybrid | 22.5 Lac | 2017 |
| Esquire | Hybrid | 26.5 Lac | 2017 |
| Harrier | Non-Hybrid | 49.5 Lac | 2017 |
| Harrier | Hybrid | 52 Lac | 2017 |
| Land cruiser prado | Non-Hybrid | 100 Lac | 2017 |
| Alphard | Hybrid | 65 Lac | 2017 |
| Velfire | Hybrid | 66 Lac | 2017 |
| Prius PHEV | Hybrid | 21.5 Lac | 2017 |
| Prius prime | Plug in Hybrid | 31 Lac | 2017 |
| Sienta 7 seater | Hybrid | 19 Lac | 2017 |
When you buy the old model car, you can avail yourself of that 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 give you the real-time scenario of the current car price in BD.
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.
Assembled Car Price in BD
The third and last type of car price is modified car price. It is also like a reconditioned car. Sometimes manufacturers change the old model car and give it a new look. You may also consider it as a brand new car. Mainly, the modified car’s parts and engine come from different countries.
Manufacturers put them together and make the furnished products. You may consider the Walton, Samsung Assemble factory in this case. They follow the simple role of getting all the parts from the mother country and assembling them in Bangladesh. It helps the manufacturer reduce the price of the car without compromising the quality.
| Brand Name | Condition | Price |
|---|---|---|
| Toyota | Assembled | |
| Nissan | Assembled | |
| BMW | Assembled | |
| Audi | Assembled | |
| Hyundai | Assembled | |
| Honda | Assembled | |
| KIA | Assembled | |
| Mitsubishi | Assembled | |
| Mazda | Assembled | |
| Mercedes-Benz | Assembled |
Bangladesh has just started this process, and some entrepreneurs have come forward and started making cars in Bangladesh. The price of the assembled or Bangladeshi Cars is from 15 to 25 lakhs. Though they are Bangladeshi nameplate cars, you will get all the top-class parts and engines.
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 so high because of the lack of manufacturing and tax rate. We don’t have any car parts manufacturing company. Since it is a big market and requires huge capital, no one still comes out and sets up the factory to do so. Though we have capable engineers and entrepreneurs, they don’t want to take the risks of investing a considerable amount in the automotive industry.
Some companies assemble the parts that they buy from different countries. Therefore, it is not possible to decrease the price of components and control the car price by using them. That’s why car prices are higher 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 car prices in Bangladesh
10 to 25 lakhs is the most selling car price in Bangladesh. You will find both the brand new and reconditioned cars at this price. Mostly, 10 lakhs is the most popular car price. Reconditioned cars are the most popular ones.
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 budget. Apart from the used cars, you will also avail yourself of a brand new car for 25 lakhs.
Gere, 25 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 25 lakhs. You can either buy them cash or go for the installment process.
Therefore, the 10 lakhs and 25 lakhs are the most selling car prices in Bangladesh. People also buy the 50 lakhs priced car when they have enough budget. But those two are the most popular car prices.
Which is the cheapest car in Bangladesh?
Suzuki Alto 800 is the cheapest car you will find in Bangladesh, which will cost you around 8,65000/- 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 jobholders. 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 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.
