And the fears have come true as, after KIA Lucky Motors, Toyota Pakistan has also increased the car prices. As per the company:
- Price increase is applicable on all new orders booked on 10th November 2021 and onwards.
- Price increase is applicable on vehicles with committed delivery month January 2022.
- Price increase is not applicable on the vehicles with committed delivery month of December 2021 or which are good to go or vehicles invoiced (balance payment not pending) before 15th November 2021.
- 50% Price increase is applicable on vehicles invoiced (balance payment pending) between 15th and 20th November 2021.
- Total price increase is applicable on customers, who will pay their deposit after November 20th.
Here are the new prices of Toyota cars.
New Toyota Car Prices
These are the prices of Toyota Corolla cars:
Toyota Corolla Car Prices
The price of Corolla Altis Grande X CVT 1.8 Beige Color has been increased by Rs210,000, taking its price to Rs4,079,000 from its old rate of Rs3,869,000. The second car, Corolla Altis Grande X CVT 1.8 Black Interior, has also seen a jump of Rs210,000, taking its rate to Rs4,099,000, compared to the old rate of Rs3,889,000.
After an increase of Rs200,000, the new price of Corolla Altis X SE A/T 1.6 is Rs3,799,000 compared to the old rate of Rs3,599,000
Then the new price of Corolla Altis X Automatic 1.6 is Rs3,449,000 against the previous rate of Rs3,249,000, meaning it has seen an increase of Rs200,000. Then comes Corolla Altis X CVT-i 1.8, which also saw a hike of Rs200,000, and now it will cost Rs3,779,000 against the old rate of Rs3,579,000. The last one is Corolla Altis X Manual 1.6, and its new price is Rs3,299,000 compared to the old price of Rs3,109,000; hence, its price is increased by Rs190,000.
New Prices of Toyota Yaris
The first one is Yaris ATIV CVT 1.3 that saw a jump of Rs180,000, taking its rate to Rs2,849,000 compared to the previous rate of Rs2,669,000. The second one is Yaris ATIV M/T 1.3, and its new price is Rs2,679,000 against the last rate of Rs2,519,000 as its price is increased by Rs160,000.
The third variant is Yaris ATIV X CVT 1.5, and its price has been increased by Rs200,000, taking its new price to Rs3,099,000 against the old rate of Rs2,899,000. The fourth one is Yaris ATIV M/T 1.5, and it has observed an increase of Rs180,000, meaning its new price is Rs2,899,000 from the old rate of Rs2,719,000.
Then comes Yaris GLi CVT 1.3, which saw an increase of Rs160,000, which means it will now cost at Rs2,749,000 against the old rate of Rs2,589,000. The final one is Yaris GLi M/T 1.3, and it has seen an increase of Rs140,000, taking its rate to Rs2,549,000 from Rs2,409,000.
New Toyota Fortuner Prices
The first variant, Fortuner 2.7 G, has seen a massive jump of Rs500,000, taking its rate to Rs8,149,000 from Rs7,649,000. Meanwhile, the new price of Fortuner 2.7 V is Rs9,399,000, compared to the old rate of Rs8,899,000, meaning it has seen a jump of Rs500,000 too. Then comes Fortuner 2.8 Sigma 4, which saw a jump of Rs580,000, taking the rate to Rs9,849,000 from Rs9,269,000.
New Rates of Toyota Revo
The first variant REVO G Auto 2.8, saw an increase of Rs330,000, meaning its new price is Rs7,109,000 against the old rate of Rs6,779,000. The second one, REVO V Auto 2.8, has seen a rise of Rs400,000, taking the price to Rs7,779,000 from Rs7,379,000.
The third variant is REVO G 2.8 M/T, which saw a jump of Rs330,000, which means the new price is Rs6,759,000, against the old price of Rs6,429,000.
Last but not least is Hilux E, which saw an increase of Rs290,000, taking the rate to Rs6,149,000 from Rs5,859,000.
Mr. Jamali, amid soaring profits of your company the move seems totally idiotic and represents sheer abuse of power. You should fire the manager who gave you such a short sighted suggestion.