Toyota Reduces Car Prices By Up To Rs. 1.3 Million

Indus Motor Company (IMC) the assembler of Toyota vehicles in Pakistan, has finally decided to pass the benefit of appreciation of PKR against the US dollar to the consumers.

In an announcement on Tuesday, the auto-giant informed the consumers about the significant cut in its cars’ prices, which decreased by up to Rs. 1.3 million.

The new prices are applicable from October 24, 2023. Following are the latest prices of Toyota cars:

Toyota Yaris

Variant Old Price (Rs.) New Price (Rs.) Price Reduction (Rs.)

Yaris 1.3 MT LO 4,499,000 4,399,000 100,000

Yaris 1.3 CVT LO 4,789,000 4,689,000 100,000

Yaris 1.3 MT Hi 4,759,000 4,659,000 100,000

Yaris 1.3 CVT Hi 4,999,000 4,899,000 100,000

Yaris 1.3 CVT Aero 5,199,000 5,099,000 100,000

Yaris 1.5 MT 5,429,000 5,309,000 120,000

Yaris 1.5 CVT 5,769,000 5,649,000 120,000

Yaris 1.5 CVT Aero 5,969,000 5,849,000 120,000

Toyota Corolla

Variant Old Price (Rs.) New Price (Rs.) Price Reduction (Rs.)

Corolla 1.6 MT 6,169,000 5,969,000 200,000

Corolla 1.6 CVT 6,769,000 6,559,000 200,000

Corolla 1.6 CVT SR 7,429,000 7,189,000 240,000

Corolla 1.8 CVT 7,119,000 6,889,000 230,000

Corolla 1.8 CVT SR 7,759,000 7,509,000 250,000

Corolla 1.8 CVT SR BLK 7,799,000 7,549,000 250,000

Toyota Hilux Revo

Variant Old Price (Rs.) New Price (Rs.) Price Reduction (Rs.)

Hilux E 11,439,000 11,039,000 400,000

Hilux Revo G MT 12,409,000 11,959,000 450,000

Hilux Revo G

AT

13,019,000 12,549,000 470,000

Revo V AT 2.8 14,389,000 13,849,000 540,000

Revo V At Rocco 15,179,000 14,419,000 760,000

Revo GR S 16,149,000 15,359,000 790,000

Toyota Fortuner

Variant Old Price (Rs.) New Price (Rs.) Price Reduction (Rs.)

Fortuner 2.7 G Petrol 15,809,000 14,499,000 1,310,000

Fortuner 2.7 V Petrol 18,099,000 16,999,000 1,100,000

Fortuner 2.8 Sigma 5 Diesel 19,079,000 17,999,000 1,080,000

Fortuner Legender Diesel 20,129,000 18,999,000 1,130,000

Fortuner GRS 21,089,000 19,899,000 1,190,000

Just like the rest of the car manufacturers in the country, Toyota is also facing inventory shortages. Recently, the automaker decided to shut down its plant for a month, from October 17 to November 17, 2023. It should be noted that the price hasn’t decreased proportionally despite the massive improvement in the US Dollar exchange rate.

Source: Pro Pakistani