25% exemption from duty & taxes is admissible on import of Hybrid Electric Vehicles (HEVs) of engine capacity from 1800cc to 2500cc. <--- your X-5 will be categorized in this category.
Depreciation in duties & taxes at the rate of 1% per month is admissible according to the age of the vehicle
36% depreciation will apply over the OEM new price for your X-5
so let us assume:
OEM new price was US$ 10,000 in 2018
in 2021 the value calculation will be 10,000 - 3600 = 6400
duty taxes will be calculated over $6400 reduction of up to 25% will be allowed.
above is based on assumption, actual values may differ.
SUV & 4x4 fall under HS code 8703.3222 and or 8703.3219 of Pakistan customs tariff
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