Toyota Cars Prices Increased Again

28 Jan 2023

508 Toyota

Toyota Cars Prices Increased Again

IMC has enhanced the costs of Toyota Vehicles and this is the second time they have raised the prices in the present year!

The firm told that the reason behind it is the low value of the Pakistani Rupee as compared to the US dollar. In the notice, it was also mentioned, “The economic uncertainties and extremely volatile situation of PKR against USD have adversely impacted the cost of manufacturing for IMC. Thus, this situation has made it extremely difficult for IMC to hold the current retail selling prices, and therefore, we are compelled to pass on some impact to the market.”

The high prices of Toyota cars are as astound news for the citizens of Pakistan, but the poor economic circumstances of Pakistan may attract more increased prices of the vehicles.

Latest Toyota Car Prices

Here are Indicative RSPs (Ex-Factory Karachi) for whole CKD models. These prices can be changed, and the cost implemented on the delivery shall remain allowable on the whole order of cars. Any amendment in tariffs policies, import policies, Government levies, and taxes (including FED, Sales Tax, CVT, etc.) will be on the desire of the consumers.

Toyota Yaris New Prices

YARIS 1.5 MT Now Costs PKR. 4,649,000.

YARIS 1.5 CVT Now Costs PKR. 4,929,000.

YARIS 1.3 H MT Now Costs PKR. 4,309,000.

YARIS 1.3 H CVT Now Costs PKR. 4,529,000.

YARIS 1.3 MT Now Costs PKR. 4,079,000.

YARIS 1.3 CVT Now Costs PKR. 4,339,000.

Toyota Corolla's latest Costs

The current cost of COROLLA 1.6 MT is PKR. 5,269,000, however that of the COROLLA 1.6 CVT is PKR. 5,749,000.
The new price of the Toyota Corolla 1.8 CVT SR is PKR. 6,609,000, while that of COROLLA 1.8 CVT SR BLK is PKR. 6,649,000.
The new cost of the COROLLA 1.6 CVT is now PKR. 6,319,000, and that of the Corolla 1.8 CVT is PKR. 6,069,000.

Toyota Revo updated Costs

The new cost of REVO V AT is PKR. 12,239,000, and that of REVO V AT ROCCO is PKR. 12,899,000.

The costs of all variants of Toyota Revo have also increased. The latest cost of REVO G MT is PKR. 10,549,000, however that of REVO G AT is PKR. 11,059,000.

Updated Costs of Toyota Fortuner

The current cost of FORTUNER DIESEL is PKR. 16,189,000 and while that of FORTUNER DIESEL LEGENDER is PKR. 17,069,000.

The current cost of Toyota FORTUNER 2.7 G is PKR. 13,419,000, however, that of FORTUNER 2.7 V is PKR. 15,359,000.

Terms & Conditions

IMC has told moreover the giving terms and conditions for the above-stated amendments.

1. The above costs are temporary, and the cost allowable at the time of delivery shall be fixed.

2. Latest Indicative RSP Ex-factory Karachi (Column B) will be functional on all latest orders booked after January 12th, 2023.

3. All orders which are Good to Go (GTG) in the IMC system as of 12th January 2023 with respect to IMC cost circulars of 22nd March 2022, and 29th April 2022 will be charged according to their relevant cost.

4. Whole Not Good to Go (NGTG) orders in the IMC system as of 13th January 2023 will be charged on the latest RSP, acceptable at the time of car delivery.

5. The costs are specifically for transportation, transit insurance charges, etc. which are to be charged at allowable prices from customers.

6. Orders placed by customers are governed by the half payment terms and the terms &

conditions of temporary Booking Order Form (PBO) signed and send by the buyers.

7. The costs are exclusive of advance income tax/WHT which is to be charged to consumers

based on allowable tax rates for Filers/Non-filers under the Income Tax Ordinance.

8. The costs are Ex-factory Karachi, per unit inclusive of 17% Sales Tax, 1% CVT, and Dealer’s Commission, applicable FED.