Toyota CBU Car Prices Drop by Rs. 3.7 Crores

Abdullah

13 Mar 2024

480 Toyota

Toyota CBU Car Prices Drop by Rs. 3.7 Crores

In an unexpected turn of events, Indus Motor Company (IMC) has taken a bold step by reducing the prices of its imported cars. The company, reiterating its unwavering commitment to customer satisfaction, has officially communicated a revision in the Retail Selling Price (RSPs) for completely built-up (CBU) passenger vehicles produced at the Karachi factory.

Altered CBU Car Prices

IMC has executed substantial adjustments to the prices of two flagship vehicles:

Toyota Camry 2.5L Hybrid: Observing a significant plunge of Rs. 23,869,000, the hybrid vehicle now boasts a revised price of Rs. 29,990,000, down from the previous Rs. 53,859,000.
Land Cruiser 300 ZX: The renowned Land Cruiser 300 ZX will now be obtainable at Rs. 120,000,000, showcasing a noteworthy decrease of Rs. 36,829,000 from its initial price of Rs. 156,829,000.

Terms and Conditions Overhauled

IMC has laid out distinct terms and conditions regarding these modified prices:

These preliminary prices are subject to change.
The ultimate price will be ascertained at the point of delivery.
The revised prices are applicable to all orders invoiced from March 12, 2024, onwards.
Indicative prices are per unit, ex-factory Karachi, inclusive of sales tax, FED, CVT, and dealer’s commission.

Toyota CBU Car Prices:

IMC has abstained from providing a specific rationale for this unexpected reduction in prices. Nevertheless, for potential buyers of these vehicles, this revelation is undeniably positive, considering the substantial decrease. The automotive sector in Pakistan persists in navigating through uncertain times due to economic instability, as evidenced by recent market dynamics such as Pak Suzuki raising car prices and Kia Pakistan adjusting rates for the Kia Sportage.

Amidst the ongoing fluctuations, optimism prevails that the new government will implement decisive measures to stabilize the automotive industry, resulting in more budget-friendly prices for consumers. With economic uncertainties persisting, the automotive market eagerly anticipates a more predictable and stable future.

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