Secure Your Toyota Yaris or Corolla in Just 10 Days

Jawad

07 Aug 2023

511 Toyota

Secure Your Toyota Yaris or Corolla in Just 10 Days

In an unexpected maneuver, Indus Motor Company (IMC), the renowned assembler of Toyota vehicles in Pakistan, has unveiled a daring proposition: now, customers have the remarkable opportunity to lay hands on their desired Yaris and Corolla sedans a mere 10 days after booking. This lightning-speed delivery assurance remains in effect until September 30, 2023.

Express Delivery by Toyota

This striking initiative emerges in the wake of a sequence of non-production days (NPD) that IMC recently had to enforce due to a scarcity of CKD parts. Just after resuming its plant operations on August 3, following the sixth NPD schedule of the year, IMC unveils this intriguing offer. The intriguing question arises: how can IMC deliver units within such an abbreviated span unless it possesses a substantial cache of readily available, unsold vehicles in its inventory?

Toyota's Yaris & Corolla

Once luminous stars in the Pakistani automotive sphere, the Yaris & Corolla have experienced a noteworthy downturn in sales. Together, their sales witnessed a remarkable 67% decline in FY23, with a mere 18,838 units sold in contrast to the preceding year's 56,528 units. A fusion of elements, encompassing soaring prices, unfavorable financing terms coupled with interest rates reaching 22%, and the financial hardships endured by the masses, have all contributed to this profound plummet in fresh car sales.

Financial Boost from the Bank of Punjab

IMC has executed a strategic maneuver by forging a collaboration with the Bank of Punjab to augment the allure for potential purchasers. They extend an alluring financing package to all Toyota CKD Model customers. This package encompasses an exclusive mark-up rate of 1YK+2.49%, accompanied by an enticing insurance rate encompassing a tracker. For vehicles exceeding 5 million, the insurance rate stands at 1.40%, while for those below 5 million, it settles at 1.65%. Moreover, a priority delivery guarantee ensures that those electing this package will leap to the forefront of the queue.

IMC's captivating proposition is rendered feasible through bank financing, more precisely through Faysal Bank and Meezan Bank. While the enticement of securing a pristine Corolla or Yaris within days is alluring, it's imperative to underscore that this proposition is intricately tied to a bank financing arrangement. For those who embrace this deal, the monthly installments present a substantial picture. With a 30% down payment and a 5-year installment blueprint, patrons will find themselves remitting roughly Rs. 156,500 monthly for a Corolla and approximately Rs. 128,000 for a Yaris (1.5 Ativ X).

Toyota Yaris Toyota Corolla Toyota Pakistan Toyota Cars Delivery Toyota Delivery Delivery Toyota

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