Toyota Car Prices Increased by Up To Rs. 600,000

In the wake of the newly announced federal budget for 2025-26, Toyota Indus Motor Company (IMC) has officially increased the prices of its entire vehicle lineup. The move comes as a direct result of the recently imposed NEV (New Enhanced Valuation) Levy, which has already prompted major automakers like Pakistan Suzuki Motor Company (PSMC), Honda Atlas, and Changan Pakistan to revise their car prices earlier.

The updated price list reveals that Toyota has hiked prices across a wide range of its popular models, with increases ranging from PKR 49,000 to as much as PKR 570,000. It is related to mention that Toyota Corolla Cross Prices are yet to be announced.

Toyota Cars New Prices

Yaris

Corolla Altis

Hilux Series

Fortuner Series

Terms & Conditions

Toyota Indus Motor Company (IMC) has outlined the following terms and conditions for the revised vehicle prices announced after the Budget 2025–26:

  1. New Booking Policy: All vehicle orders booked on or after 1st July 2025 will be invoiced at the new RSP (Retail Selling Price) Ex-Factory Karachi rates.
  2. Pending Orders: Any orders already in the IMC system that are “Not Good to Go” (i.e., those with short or partial payments) as of 1st July 2025 will also be subject to the new RSP Ex-Factory Karachi.
  3. Fully Paid Orders Before Cutoff: Orders for which full payment has been made and NCS (No Claim Status) clearance obtained by 30th June 2025 will be handled according to the terms mentioned in the notification dated 16th June 2025.
  4. Indicative Pricing: The stated prices are Indicative Ex-Factory Karachi prices. They are per unit and inclusive of applicable Sales Tax, FED (Federal Excise Duty), and Dealer’s Commission.
  5. Price Fluctuation Notice: Any further impact on prices due to external factors such as tax changes, currency depreciation, or government levies may also affect final vehicle cost.

This hike marks Toyota’s response to the economic and regulatory shifts introduced in the 2025-26 budget. The NEV Levy, intended to increase revenue and account for updated vehicle valuations, is expected to impact all major assemblers, resulting in a cumulative rise in the cost of vehicle ownership in Pakistan.

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