Toyota Pakistan increases prices of its cars once again!
As expected after the statement of the Indus Motors Corporation CEO, Ali Asghar Jamali, the automaker has increased the prices of both of its locally assembled as well as imported Toyota vehicles. The new prices will come into effect from 22nd March; that is tomorrow.
Also Read: IMC might increase the prices of its cars second time this year
Here are the new ex-factory prices:
Toyota Corolla New Prices
Variant | New – PKR | Current – PKR | Difference -PKR |
XLI | 1,894,000 | 1,819,000 | 75,000 |
GLI MT | 2,049,000 | 1,949,000 | 100,000 |
GLi MT SE | 2,159,000 | 2,059,000 | 100,000 |
GLI AT | 2,124,000 | 2,024,000 | 100,000 |
Altis 1.6 | 2,274,000 | 2,199,000 | 75,000 |
Altis 1.8 MT | 2,339,000 | 2,264,000 | 75,000 |
Altis 1.8 CVT | 2,464,000 | 2,389,000 | 75,000 |
Grande MT SR | 2,514,000 | 2,439,000 | 75,000 |
Grande CVT SR | 2,664,000 | 2,589,000 | 75,000 |
Hilux and Fortuner New Prices
Variant | New – PKR | Current – PKR | Difference – PKR |
Hilux Deckless | 2,319,000 | 2,219,000 | 100,000 |
Hilux 4×2 | 2,569,000 | 2,469,000 | 100,000 |
Hilux 4×2 (up-spec) | 2,599,000 | 2,499,000 | 100,000 |
Revo G MT | 4,374,000 | 4,124,000 | 250,000 |
Revo GAT | 4,599,000 | 4,349,000 | 250,000 |
Revo V AT | 4,949,000 | 4,649,000 | 300,000 |
Fortuner 4×2 (Petrol) | 5,849,000 | 5,549,000 | 300,000 |
Fortuner 4×4 | 6,199,000 | 5,899,000 | 300,000 |
New prices will be applied to all partial payments orders as well. If you are expecting your car in March or April and have already paid full payment, you will not have to pay the difference.
Mr Jamali said at an event just a few days ago that the devaluation of Pakistani Rupee is making it harder to maintain the current prices. Combine that with the increased taxes on raw material as well as the escalating costs of the material itself, Toyota Pakistan will be forced to revise its cars’ prices as well. And it appears that it did not take long for the company to make that decision.
Check Out: Cars for Sale in Lahore
IMC only recently cancelled a bunch of more booked cars in order to discourage investors from buying them and later selling them at higher prices in the open market. Previously Toyota Pakistan cancelled more than 1300 orders. Both times the general public praised the efforts of the company to cater a genuine buyer. But how the same genuine buyer will respond to the news of increased prices, that will surely be interesting to see.
Let us know what you think in the comments section below.
No ?
Its ridiculous if dollar comes they will decrease prices NO AND EVER LANAT HY IMC PER.. they are making of there customer, unfortunately customer have no choice they are handicapped with SUZUKI, HONDA, AND TOYOTA.. LANAT HY
Its sad to see each time the ishaq dollar goes up the car prices goes with it
Can the poor man cope with increases
I think its only about making $$$$$$$
Shame on the in charge . only in pakistan peoples got wait 9 months to get the bloody car
At the time of Musharraf import of 5 year old cars was allowed and the common man could get a good quality vehicle at reasonable price.But after the democratic governments of MR 10% and Mr Panama cam e to power it was reduced to 3 years and duty was increased now a car which costs 600,000 CIF being sold at a price of 16,00,000 and the poor consumer is paying tax to the useless Pakistani government.Local manufacturers are cooperating with dealers and black marketing cars.Where is the Supereme court NAB and all the other socalled institutions which are feeding on the poor PK taxpayer?????? why dont they take action????
only in Pakistan where is baba rehmata ????
I have the money but I refuse to buy these sub standard cars for such a high price .