Pakistan’s used-car market is too big to run on hunches — so every cycle we measure it. This is the August 2026 edition of the TruPrice Used Car Price Study, built from 266,059 used-car listings collected across the Pakistan market — the same inventory buyers browse on PakWheels and OLX — then validated and de-duplicated down to 155,231 clean records, normalised by model, variant, year, city, and condition.
That is a 16% larger sample than our last edition (134,004 records), which sharpens every median below. Here is what the market actually looks like heading out of August 2026.
Median prices by segment
The clearest way to read the market is by body type. Below is the median asking price and the middle 50% range (25th to 75th percentile) for each major segment, in PKR lacs:
| Segment | Median | Typical range (p25–p75) | Listings |
|---|---|---|---|
| SUV | 80.0 | 70.5 – 96.0 | 5,714 |
| Compact SUV | 76.0 | 70.5 – 82.1 | 1,701 |
| Crossover | 62.9 | 57.7 – 68.9 | 12,230 |
| Compact sedan | 47.9 | 45.0 – 50.5 | 2,410 |
| MPV | 47.0 | 42.0 – 52.0 | 1,552 |
| Sedan | 36.5 | 25.5 – 49.0 | 60,355 |
| Hatchback | 18.2 | 10.3 – 27.0 | 67,158 |
| Van | 14.1 | 11.5 – 17.7 | 1,628 |
Source: TruPrice Pakistan Used Car Price Index.
Two things stand out this cycle. First, sedans and hatchbacks are the market — together they account for nearly 128,000 of the 155,000 listings, which is why they define the “typical” used-car transaction in Pakistan. Second, hatchbacks overtook sedans on volume for the first time (67,158 against 60,355) while the hatchback median firmed to 18.2 lacs: entry-level supply and demand both grew, and small-car prices held up rather than softening under the extra inventory.
Median prices by popular model
Segment averages hide model-level reality. Here is where the most-listed models actually sit:
| Model | Median | Typical range | Listings |
|---|---|---|---|
| Honda Civic | 40.5 | 23.5 – 55.0 | 20,518 |
| Toyota Corolla | 36.9 | 26.8 – 49.0 | 21,954 |
| Honda City | 34.0 | 26.5 – 40.0 | 13,052 |
| Suzuki Swift | 26.5 | 22.5 – 42.8 | 6,376 |
| Suzuki Alto | 24.9 | 12.4 – 28.4 | 10,989 |
| Suzuki Cultus | 14.5 | 10.0 – 25.5 | 11,251 |
| Suzuki Mehran | 9.5 | 6.8 – 12.6 | 14,719 |
The Corolla (21,954 listings) and Civic (20,518) are in a league of their own for volume — the two most liquid used cars in the country. That liquidity is itself a value signal: a car thousands of buyers are actively searching for resells quickly and holds price better than a thin-market model of the same age. Both medians edged up slightly versus the last edition (Corolla 36.8 → 36.9, Civic 40.4 → 40.5), confirming firm demand at the core of the market.
At the top end, the Haval H6 (median 97.0 lacs, 2,464 listings), Changan Oshan X7 (78.0) and Hyundai Tucson (73.8) anchor the premium SUV/crossover tier — newer nameplates that now list in the thousands, a market that barely existed a few years ago.
Depreciation by category
How fast value falls depends heavily on where a car sits in the market. Average annual depreciation by category, from the August 2026 index:
| Category | Approx. annual depreciation |
|---|---|
| Sedan | 2.1% |
| Hatchback | 2.5% |
| Compact sedan | 2.8% |
| Small city car | 3.4% |
| Mini Van | 3.9% |
| Compact SUV | 6.0% |
| Crossover | 6.1% |
| Van | 7.0% |
| SUV | 10.6% |
The pattern is consistent with what experienced buyers sense: established sedans and hatchbacks bleed value slowly (2–3% a year) thanks to deep, constant demand and unmatched parts availability, while higher-priced SUVs shed the most (10.6%) because they start high and depend on a narrower, more price-sensitive buyer pool. Sedans now read as the slowest-depreciating segment of all (2.1%, down from 2.7% last edition) — the larger sample filled in the older end of the sedan curve, where prices have already flattened. Full figures are in the Pakistan Used Car Price Index, refreshed from live listings.
What holds value — and what doesn’t
- High-liquidity Toyota and Honda sedans hold value best. Corolla and Civic combine the deepest demand with the widest parts networks, keeping resale firm even as they age. Their wide quartile ranges reflect age spread, not weak demand.
- In-demand SUVs command strong prices but lose more absolute value. The Sportage (66.9 lacs) resells well, but the SUV category depreciates fastest in percentage terms.
- Entry hatchbacks are firming. With the hatchback median up to 18.2 lacs on the largest listing pool in the market, small cars held their proportion of value this cycle on strong first-car demand.
- Thin-market body types (micro vans, estates, coupes) still show erratic pricing on small samples — harder to price and slower to sell, which is itself a depreciation risk.
What this means if you’re buying
- Buy liquidity. A Corolla or Civic costs a little more up front than a thin-market alternative, but resells faster and closer to fair value when you exit — check any specific car’s fair price before you commit.
- Use the ranges, not the averages. A listing above the p75 for its model and year is a premium ask; below the p25 with clean documentation is a genuine deal (or a red flag worth inspecting).
- Shop by budget with data. Our Budget Advisor maps your budget to the models and years that actually fall inside it, using these same figures.
What this means if you’re selling
- Price to the median, not the top ad. The listings clustered at the top of each range are the ones still sitting unsold on PakWheels and OLX.
- Lean on liquidity in your ad. If you’re selling a high-demand model, accurate pricing plus clean documentation sells it fast.
- Re-anchor if it stalls. A car priced above its segment’s typical range is invisible to budget-filtered buyers.
Methodology
Figures are computed from 155,231 validated listings — de-duplicated from 266,059 collected across the Pakistan market — normalised by model, variant, year, city, and condition. We report medians and interquartile (p25–p75) ranges rather than averages, because a handful of extreme or mispriced listings distort a simple mean. Sample sizes are shown for every figure so you can judge reliability. Depreciation rates are category-level averages across the age curve and are approximate. The dataset is refreshed from live market data and powers the TruPrice fair price for every car.
You are welcome to cite this study. Please attribute “TruPrice Pakistan Used Car Price Index (August 2026)” and link to https://truprice.io/data/used-car-price-index/.