Toyota Car Prices Increase AGAIN

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IMC has announced another Toyota Car price increase, and this is the second time they have increased car prices in this year!

The company cited the reason to be the depreciation of the Pakistani Rupee against the US dollar. The notice further stated, “the economic uncertainties and extremely volatile situation of PKR against USD have adversely impacted the cost of manufacturing for IMC. Thus, this situation has made it extremely difficult for IMC to hold the current retail selling prices, and therefore, we are compelled to pass on some impact to the market.”

The Toyota car prices increase comes as a surprise, but the desolate economic condition of the country might attract more such price hikes.

New Toyota Car Prices

Here are the Indicative RSPs (Ex-Factory Karachi) for all CKD variants. These prices are subject to change, and prices prevailing at the time of delivery shall continue to be applicable on all orders. Any change in Government levies and taxes (including FED, Sales Tax, CVT, etc.), tariffs, fiscal policies, import policies, etc., will be on account of the customer.

Toyota Yaris New Prices

The new price of YARIS 1.3 MT is now Rs. 4,079,000 as opposed to the old price of Rs. 3,819,000.
The new price of YARIS 1.3 CVT is Rs. 4,339,000.
The new price of YARIS 1.3 H MT is now Rs. 4,309,000.
The updated price of YARIS 1.3 H CVT is Rs. 4,529,000.
The new price of YARIS 1.5 MT is Rs. 4,649,000.
The new price of YARIS 1.5 CVT is now Rs. 4,929,000.

Toyota Corolla New Prices

The new price of COROLLA 1.6 MT is Rs. 5,269,000, while that of COROLLA 1.6 CVT is Rs. 5,749,000.
The updated price of the COROLLA 1.6 CVT Upspec is now Rs. 6,319,000, and that of the Corolla 1.8 CVT is Rs. 6,069,000.
The updated price of the Toyota Corolla 1.8 CVT SR is Rs. 6,609,000, and that of the COROLLA 1.8 CVT SR BLK is Rs. 6,649,000.

Toyota Revo New Prices

The prices of all models of Toyota Revo have also been updated. The new price of REVO G MT is Rs. 10,549,000, while that of REVO G AT is Rs. 11,059,000.
The new price of REVO V AT is Rs. 12,239,000, and that of REVO V AT ROCCO is Rs. 12,899,000.

Toyota Fortuner New Prices

The updated price of Toyota Fortuner LO PETROL is Rs. 13,419,000 and that of FORTUNER HIGH PETROL is Rs. 15,359,000.
New prices of FORTUNER DIESEL is Rs. 16,189,000 and of FORTUNER DIESEL LEGENDER is Rs. 17,069,000.

Terms & Conditions

IMC further communicated the following terms and conditions for the above mentioned change.

  1. New Indicative RSP Ex-factory Karachi (Column B) will be effective on all new orders booked
    after 12th January 2023
  2. All orders which are Good To Go (GTG) in IMC system as of 12th January 2023 with respect to
    IMC price circulars of 22nd March 2022, 29th April 2022 will be invoiced as per their respective
    price
  3.  All Not Good To Go (NGTG) orders in IMC system as of 13th January 2023 will be invoiced on
    new RSP, prevailing at the time of vehicle delivery
  4. The prices are exclusive of transportation, transit insurance charges, etc. which are to be
    charged at applicable rates from customers.
  5. The above prices are provisional, and the price applicable at the time of delivery shall be final.
    Any impact on prices due to changes in Government levies and taxes (including FED & CVT),
    tariff, fiscal policies, import policies, forex, etc. will be on account of customer.
  6. The prices are exclusive of advance income tax/WHT which is to be charged from customers
    based on applicable tax rates for Filers/Non-filers under the Income Tax Ordinance.
  7. Orders placed by customers are governed by the partial payment terms and the terms &
    conditions of Provisional Booking Order Form (PBO) signed and submitted by the customer.
  8. The prices are Ex-factory Karachi, per unit inclusive of 17% Sales Tax, applicable FED, 1% CVT and
    Dealer’s Commission.

 

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