Overview
The 25% GST on the luxury item included Toyota car prices increased all the locally assembled 1400cc and above cars. Toyota Car prices were revised after the confirmation of FBR regarding the new tax.
The new tax slab covered almost all Toyota sedans and big vehicles. Toyota SUVs now reaching the price where the touch of customers becomes more difficult. Toyota Indus faces serious consequences due to the delay in LCs approval and depreciation of the rupee value. The challenging economic environment affects the overall functions of the country. The automotive industry is affected badly because it depends on the import of CKD, which needs approval from SBP.
The most shocking news is not only 1400cc or above locally assembled of assembled SUVs & CUVs consider but below 1400cc are also affected like Peugeot 2008.
New Toyota Car Prices
Toyota has announced the new prices according to the new 25% GST orders received by the Government of Pakistan on locally assembled CKD units.
Toyota Corolla Price Increased
Toyota Corolla 1.6 MT now cost you Rs. 6,169,000 compared to Rs. 5,576,000.
Meanwhile, Toyota Corolla 1.6 CVT old price was Rs. 6,111,000 but now its price is Rs. 6,769,000.
The new price of the Toyota Corolla 1.8 CVT is 7,119,000 against the old rate of Rs. 6,423,000.
Toyota Corolla 1.8 CVT SR used to cost Rs. 6,998,000 and is now available for Rs. 7,759,000.
Toyota Corolla 1.8 CVT SR BLK price tag was Rs. 7,039,000 but now it has a price tag of Rs. 7,799,000.
Toyota Yaris New Price
The old price of the Toyota Yaris 1.3 GLI MT was 4,316,000 but is now available for Rs. 4,499,000.
Similarly, Toyota Yaris 1.3 GLI CVT used to cost for Rs. 4,588,000 and now reach Rs. 4,789,000.
Toyota Yaris 1.3 ATIV MT received a new price of Rs. 4,759,000 against Rs. 4,558,000
Repeatedly, Toyota Yaris 1.3 ATIV CVT updated rate is Rs. 4,999,000 meanwhile the previous price was Rs. 4,790,000.
Toyota Yaris 1.5 MT standard variant was available for Rs. 4,911,000 but now you can buy it for Rs. 5,429,000.
Toyota Yaris top variant 1.5 CVT is now available for Rs. 5,769,000 compared to Rs. 5,213,000.
Toyota Revo Price After 25% GST
Toyota Revo is available in two different variants.
Toyota Revo V AT 2.8 few days before available for Rs. 12,969,000 but now it’s available for Rs. 14,389,000.
However, Toyota Revo V AT Rocco has a new price of Rs. 15,179,000 instead of Rs. 13,675,000.
New Price of Toyota Fortuner
Toyota Fortuner prices are also gone high.
Toyota Fortuner 2.7 G Petrol engine’s new price is Rs. 15,809,000 against the price of Rs. 14,230,000.
Now you can buy Toyota Fortuner 2.7 V Petrol for Rs. 18,099,000 but a few days before customers had the price of Rs. 16,297,000.
Toyota Fortuner 2.8 Sigma 5 Diesel is now priced at Rs. 19,079,000, up from Rs. 17,175,000.
Toyota Fortuner Legender Diesel has a new pricing of Rs. 20,129,000, up from Rs. 18,112,000 before.
TERMS & CONDITIONS
- Please note that the prices listed here are provisional and subject to change. These prices are not the final price and the actual price at the time of delivery will be applicable.
- These prices include applicable Sales Tax, applicable FED, 1% CVT, and Dealer’s Commission per unit. However, transportation, transit insurance charges, and other related costs will be charged separately at applicable rates from customers.
- Any changes in Government levies and taxes (including FED, Sales Tax, CVT, etc.), tariffs, fiscal policies, import policies, forex, etc. will be the responsibility of the customer and may impact the prices accordingly.
- Please note that advance income tax/ WHT will also be charged based on applicable tax rates for Filers/Non-filers under the Income Tax Ordinance.
- Customers placing orders are bound by the terms and conditions set forth in the Provisional Booking Order Form (PBO), Partial Payment terms and conditions, Payment, and Force Majeure undertakings.
It is expected that local car companies will increase their prices in the coming days, so please be prepared.
