Toyota Fortuner Officially Launched by IMC in Pakistan

[Nabeel_Ali]

Price difference

[faakhir19]

Wait for the facelift I would say

[faakhir19]

It's not going to happen. Prius is 9.5 million and Fortuner base variant is 7.6 million. Why is Fortuner priced lower than Prius? Because Fortuner is locally assembled and Prius is a CBU. You can't compare CBUs with CKDs

[khurem]

Indus Toyota still acting like a deceptive little company trying to exploit the market as much as possible. The only reason booking has been started while price isn't disclosed is to first see the response of the market and the ON money investors are prepared to give. That will give them a good idea about the price increase they can charge.

If public here was rational, they would have refrained from any booking (until price was disclosed), and Indus would have been forced to charge a nominal price increase. But reality is our public is as greedy as Indus, and would like to make quick profits likewise, so they will book in numbers trying to outdo each other to be the first in line and make quick profits.

And then we all lament why we get such ****** politicians who don't think about the country first.

[arkhitekt]

Prius is not something they want to sell. But Cross they are looking forward to and they will try to find a way to sell it. Believe it or not they are feeling the heat from multiple new entrants. Though they are being stupid with Cross and won’t succeed with their wishes if the price is going to be as rumoured

Regardless of my guess don’t worry the overwhelming bookings will make sure Indus doesn’t disappoint with a chunky price increase (well won’t disappoint itself) thanks to people who pay hefty premiums and support them. Just look at the production happening. They themselves reduce production more than the demand of vehicles and always manage to keep a premium and long waiting time by reducing quotas.

[zee5han]

I guess for now its just a wait and see type of deal, lets pray investors don't pre book alot of units otherwise Indus will get the wrong impression

[pwuser159259702854]

I think all the investors would have booked them for now and then they will sell it in premium I don’t think a sane person who wants to use a car will buy it without even knowing if there is any change or not

[bilal49er]

Lol... And all sane persons would then buy from these investors as "ready delivery" by paying a hefty premium.

[pwuser159259702854]

Yeah that’s the problem I don’t know why people can’t wait it’s just a car you will get it at some point personally have never premium on any car

[r.farookee]

I have this phobia of car dealers.I always buy a new car from proper dealership and a secondhand buying or selling through print media, PakWheels and OLX. If I have slightest doubt/reservation about a party I somehow close the conversation.Apart from saving money I have always had clean deals.Yes will never buy a new car on premium or "on money"

[pwuser159259702854]

Definitely the right thing to do I don’t know why people are so dumb to pay 7-8 lacs premium for cars like Hyundai Tucson and MG HS

[v9sDEF]

Why would they back off on a price increase when customers are agreeing to it on a legal paper before booking?

Secondly the Corolla Cross is just around the corner and it is rumoured to be priced around 8 Million so there is no way Indus will keep it close to Fortuner. My wild guess is they will create a price gap to place the Cross and that will mean even a Fortuner base variant would be 1.5-2 Million more than Cross. I am foreseeing the lowest Fortuner at 9.5 Million as Low spec will be out and current Hi spec 2wd Petrol will be the new base variant. Now add 15% to the current 2.7 Hi.

I really hope I am wrong but I think greedy Indus is bound to cross the boundaries of greed yet again to set a new high on pricing. Case example is the increase in price of that ugly Corolla X. And people are already paying 1-1.5 million premium which is exactly why car companies feel free to add the same premium amount in price because people don’t disappoint them by proving they can keep paying more

Thankfully, you are wrong.

[v9sDEF]

Indus Toyota still acting like a deceptive little company trying to exploit the market as much as possible. The only reason booking has been started while price isn't disclosed is to first see the response of the market and the ON money investors are prepared to give. That will give them a good idea about the price increase they can charge.

Hahaha no. The real reason why booking has started is that the current model is completely sold out.

[v9sDEF]

Just look at the production happening. They themselves reduce production more than the demand of vehicles and always manage to keep a premium and long waiting time by reducing quotas.

Yes, yes - let's increase per-unit production overheads by reducing production and benefit from lowered margins.

[arkhitekt]

Yes, Yes - you are right. I wonder why there is a hefty premium because orders are more and the number of units being produced are much less than they were in the past. Check production data of last few years and current as well. The comparison will give you a clue on how much production has decreased (well increased since I am wrong)

In 2017-2018 Indus was producing an average of 350 Fortuners per month. The same Indus was producing less than 100 Fortuners per month in 2019-2020. If I am wrong that means 100 is more than 350. Or maybe they forgot to bring the remaining 250 on record and sold them without invoice and didn’t report those 250 to PAMA

[v9sDEF]

In 2017-2018 Indus was producing an average of 350 Fortuners per month. The same Indus was producing less than 100 Fortuners per month in 2019-2020. If I am wrong that means 100 is more than 350. Or maybe they forgot to bring the remaining 250 on record and sold them without invoice and didn’t report those 250 to PAMA

You are comparing cherry-picked data. In 2019-2020, the auto industry was in a slump. Indus reduced its overheads, reduced production staff and also reduced shifts gradually - it's capacity, thus, was drastically reduced. That's why it made sense to produce ~100 Fortuners a month. During that same time period, Fortuners were being sold at DISCOUNT and there was READY DELIVERY.

Now once again, demand has outstripped supply - production has increased to 250+ units a month - it would not make sense to decrease production to say, 100 units a month, now just to "keep premiums" in the market. Indus doesn't see a single rupee of those premiums.

[taimoorali.khn]

Any update regarding the new prices or feature list bro?

[drtanveerali]

According to a senior Indus person. Only exterior change will come with front and back changes. No interior change is in pipeline. They will change choice of interior change after one or more year to come.

[zee5han]

I'm anxiously waiting for @v9sDEF to give some update on facelift

[Nabeel_Ali]

Well don’t know why they will jack up the price in this case.
Lights are already imported just they will renew the front bumper.