Toyota Car Price Cuts Reach Up to Rs.13 Lacs

Jawad

24 Oct 2023

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Toyota Car Price Cuts Reach Up to Rs.13 Lacs

In the wake of Kia Pakistan and MG Motors, Indus Motor Company (IMC) has followed suit by reducing car prices in Pakistan. In a recent circular, the company announced revised ex-factory prices for all of its vehicles. The primary driving force behind this decision is the recent strengthening of the Pakistani Rupee (PKR) against the US Dollar (USD), which had been anticipated. These new prices came into effect on October 24, 2023.

Toyota Yaris: Affordable Choices

Toyota Yaris 1.3 MT LO is now priced at Rs. 4,399,000, down from Rs. 4,499,000, reflecting a price reduction of Rs. 100,000.

Toyota Yaris 1.3 CVT LO sees its price reduced to Rs. 4,689,000 from the previous Rs. 4,789,000, also a Rs. 100,000 reduction.

Toyota Yaris 1.3 MT Hi now costs Rs. 4,659,000, down from Rs. 4,759,000, with a decrease of Rs. 100,000.

Toyota Yaris 1.3 CVT Hi has an updated price of Rs. 4,899,000, down from Rs. 4,999,000, reflecting a price reduction of Rs. 100,000.

The latest variant, Yaris 1.3 CVT Aero, is now priced at Rs. 5,099,000, down from the previous Rs. 5,199,000, marking a reduction of Rs. 100,000.

Toyota Yaris 1.5 MT , previously at Rs. 5,429,000, now costs Rs. 5,309,000, reflecting a reduction of Rs. 120,000.

Toyota Yaris 1.5 CVT is now priced at Rs. 5,649,000, down from Rs. 5,769,000, a reduction of Rs. 120,000.

Revised pricing for Yaris 1.5 CVT Aero is set at Rs. 5,849,000, down from Rs. 5,969,000, a reduction of Rs. 120,000.

Toyota Corolla: More Affordable Choices

Toyota Corolla 1.6 MT , previously at Rs. 6,169,000, is now available at Rs. 5,969,000, a reduction of Rs. 200,000.

Toyota Corolla 1.6 CVT is now priced at Rs. 6,559,000, down from Rs. 6,769,000, reflecting a Rs. 200,000 reduction.

Toyota Corolla 1.6 CVT SR sees its price lowered to Rs. 7,189,000 from the previous Rs. 7,429,000, a reduction of Rs. 240,000.

Toyota Corolla 1.8 CVT , previously at Rs. 7,119,000, now costs Rs. 6,889,000, marking a Rs. 230,000 reduction.

Toyota Corolla 1.8 CVT SR is now priced at Rs. 7,509,000, down from Rs. 7,759,000, reflecting a price reduction of Rs. 250,000.

Toyota Corolla 1.8 CVT SR BLK sees its price lowered to Rs. 7,549,000, down from Rs. 7,799,000, with a reduction of Rs. 250,000.

Toyota Hilux Revo: More Affordable Choices

Toyota Hilux E , formerly priced at Rs. 11,439,000, now costs Rs. 11,039,000, reflecting a reduction of Rs. 400,000.

Toyota Hilux Revo G sees its price reduced to Rs. 11,959,000, down from Rs. 12,409,000, a reduction of Rs. 450,000.

Hilux Revo G is now priced at Rs. 12,549,000, down from the previous Rs. 13,019,000, marking a reduction of Rs. 470,000.

Toyota Revo V AT 2.8 , previously at Rs. 14,389,000, is now available at Rs. 13,849,000, a reduction of Rs. 540,000.

Toyota Revo V At Rocco now costs Rs. 14,419,000, down from Rs. 15,179,000, reflecting a price reduction of Rs. 760,000.

The previous rate for Revo GR S was Rs. 16,149,000, and now it is priced at Rs. 15,359,000, a reduction of Rs. 790,000.

Toyota Fortuner: Significant Price Reductions

Toyota Fortuner 2.7 G Petrol, previously at Rs. 15,809,000, now costs Rs. 14,499,000, marking a significant reduction of Rs. 1,310,000.

Toyota Fortuner 2.7 V Petrol sees its price lowered to Rs. 16,999,000, down from Rs. 18,099,000, reflecting a reduction of Rs. 1,100,000.

Toyota Fortuner 2.8 Sigma 5 Diesel is now priced at Rs. 17,999,000, down from the previous Rs. 19,079,000, marking a reduction of Rs. 1,080,000.

Toyota Fortuner Legender Diesel is now priced at Rs. 18,999,000, down from Rs. 20,129,000, a significant reduction of Rs. 1,130,000.

The previous rate for Fortuner GRS was Rs. 21,089,000, and now it is priced at Rs. 19,899,000, reflecting a reduction of Rs. 1,190,000.

Terms and Conditions

The prices are subject to change, and the price at the time of delivery will apply. The new prices are ex-factory Karachi and inclusive of Sales Tax, applicable FED, 1% CVT, and dealer's commission. Additional charges, such as transportation and transit insurance, will be applied as per applicable rates. Any impact on price due to changes in government levies, taxes, tariffs, fiscal policies, import policies, forex, etc., will be passed on to the customer. Income tax and Withholding Tax (WTH) will be charged from customers based on applicable tax rates. Orders placed by customers are governed by the terms and conditions outlined in the provisional booking order form (PBO), partial payment terms and conditions, and payment and force Majeure undertaking.

Indus Motor Company Car Price Reduction Pakistani Automotive Market Toyota Yaris Toyota Corolla Toyota Hilux Revo Toyota Fortuner PKR to USD Exchange Rate Automotive Pricing Economic Impact on Car Prices

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