Expected Reduced Prices of Cars Above 2000cc Are Here!

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In this article, we are going to discuss the expected reduced prices of cars above 2000cc. The category has the vehicles like Toyota Fortuner, and KIA Sorento. After the 2.5% reduction in Federal Excise Duty (FED), the prices of these vehicles will cut by 2.32%. It is pertinent to mention that these are Ex-Factory prices.

Note: These are expected reduced prices of mentioned vehicles.

Toyota Fortuner:

Toyota Indus Motors has launched this SUV in four variants. The first one Fortuner 2.7G will have a price cut of Rs185,577 and now will cost Rs7,813,423 against its current rate of Rs7,999,000. The second one is Fortuner 2.7 VVTi and its price is going to decrease by Rs215,737, and will be available in Rs9,083,263 as compared to its existing rate of Rs9,299,000. 

The name of third variant is Fortuner 2.8 Sigma 4 and it would get reduction of Rs223,857. Its current rate is Rs9,649,000 but it’s revised price would be Rs9,425,143. Last but not the least, it is Fortuner TRD Sportino, which will have a price cut of Rs218,057, taking its price to Rs9,180,943 from its existing rate Rs9,399,000.

KIA Sorento: 

The second car in this category is KIA Sorento, which has three variants. The first one is Sorento 2.4 AWD and it will get a price reduction of Rs185,577. The current price of this One-Unit vehicle is Rs7,999,000 and after decline, the new rate would be Rs7,813,423. The second variants is Sorento 2.4 FWD, which is going to get a price decline of Rs162,377 and expected to drop to Rs6,836,623 from its current rate of Rs6,999,000. 

Lastly, the third variant, Sorento 3.5 FWD, got a cut of Rs194,857, taking the price to Rs8,204,143 from its current rate of Rs8,399,000.

Here is the complete chart (Price are in PKR):

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3 Comments
  1. Ali Khan says

    What about the imports by our local big three

    Toyota rush
    Toyota Corolla cross
    Toyota Camry
    Toyota Land Cruiser
    Honda C-RV
    Honda Accord

    Any impact on their prices?

  2. Ali Khan says

    Sorry. My Bad…
    This reduction is on local assembled vehicles only.

  3. Waqas says

    @ Ali Khan i checked the official governement website about fed, there are normaly taxes over all goods imported in Pakistan, but it dosn’t mentioned if the reduction will be for only car assembler or also car imported, and among cars import it is only new or second hand, some information are misssing.
    Or maybe this new policy is for all the car Market, because at first that what we think.

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