IMC has announced a second price rise for Toyota vehicles this year, making this the second time they have done so.
The corporation attributed the decline to the Pakistani rupee’s decline against the US dollar. “The economic uncertainties and extremely fluctuating position of PKR against USD have significantly impacted the cost of production for IMC,” the note continued. IMC has thus found it to be very difficult to maintain the present retail selling prices, so we are forced to pass on some impact to the market.
Although the increase in Toyota car pricing is unexpected, the country’s dire economic situation may lead to future increases of this nature.
New Toyota Car Prices
The indicative RSPs (ex-factory Karachi) for each CKD version are listed below. These prices are liable to change, and all orders shall be subject to the pricing in effect at the time of delivery. The client will be responsible for any adjustments to government levies and taxes (such as FED, Sales Tax, CVT, etc.), tariffs, fiscal policies, import regulations, etc.
The new price of YARIS 1.3 MT is now Rs. 4,079,000 as opposed to the old price of Rs. 3,819,000.
The new price of YARIS 1.3 CVT is Rs. 4,339,000.
The new price of YARIS 1.3 H MT is now Rs. 4,309,000.
The updated price of YARIS 1.3 H CVT is Rs. 4,529,000.
The new price of YARIS 1.5 CVT is now Rs. 4,929,000.
Toyota Corolla New Prices
The new price of COROLLA 1.6 MT is Rs. 5,269,000, while that of COROLLA 1.6 CVT is Rs. 5,749,000.
The updated price of the COROLLA 1.6 CVT Upspec is now Rs. 6,319,000, and that of the Corolla 1.8 CVT is Rs. 6,069,000.
The updated price of the Toyota Corolla 1.8 CVT SR is Rs. 6,609,000, and that of the COROLLA 1.8 CVT SR BLK is Rs. 6,649,000.
Toyota Revo New Prices
The prices of all models of Toyota Revo have also been updated. The new price of REVO G MT is Rs. 10,549,000, while that of REVO G AT is Rs. 11,059,000.
The new price of REVO V AT is Rs. 12,239,000, and that of REVO V AT ROCCO is Rs. 12,899,000.
Toyota Fortuner New Prices
The updated price of Toyota Fortuner LO PETROL is Rs. 13,419,000 and that of FORTUNER HIGH PETROL is Rs. 15,359,000.
New prices of FORTUNER DIESEL is Rs. 16,189,000 and of FORTUNER DIESEL LEGENDER is Rs. 17,069,000.
Terms & Conditions
IMC further communicated the following terms and conditions for the above mentioned change.
- New Indicative RSP Ex-factory Karachi (Column B) will be effective on all new orders booked
after 12th January 2023 - All orders which are Good To Go (GTG) in IMC system as of 12th January 2023 with respect to
IMC price circulars of 22nd March 2022, 29th April 2022 will be invoiced as per their respective
price - All Not Good To Go (NGTG) orders in IMC system as of 13th January 2023 will be invoiced on
new RSP, prevailing at the time of vehicle delivery - The prices are exclusive of transportation, transit insurance charges, etc. which are to be
charged at applicable rates from customers. - The above prices are provisional, and the price applicable at the time of delivery shall be final.
Any impact on prices due to changes in Government levies and taxes (including FED & CVT),
tariff, fiscal policies, import policies, forex, etc. will be on account of customer. - The prices are exclusive of advance income tax/WHT which is to be charged from customers
based on applicable tax rates for Filers/Non-filers under the Income Tax Ordinance. - Orders placed by customers are governed by the partial payment terms and the terms &conditions of Provisional Booking Order Form (PBO) signed and submitted by the customer.Advertisement
- The prices are Ex-factory Karachi, per unit inclusive of 17% Sales Tax, applicable FED, 1% CVT and
Dealer’s Commission.
Read More: Toyota Car Prices Increased ONCE AGAIN
