Toyota Hikes Car Prices by Up to Rs. 600,00

Starting July 1, 2025, Toyota Indus Motor Company (IMC) has implemented a sharp price increase across its entire vehicle lineup in response to the “New Enhanced Valuation (NEV) Levy” introduced in the Federal Budget 2025–26.

This policy specifically targets internal combustion engine (ICE) vehicles, triggering similar price hikes across the automotive sector, including brands like Honda, Suzuki, and Changan.

Price Increases Across Toyota Models

Under the revised pricing, Toyota vehicles now cost between Rs. 49,000 and Rs. 600,000 more, depending on the variant. The Corolla Cross is yet to receive a pricing update, but other models have already been revised. Here are some key highlights from the updated ex-factory prices (Karachi):

Toyota Yaris

Variant	Old Price (PKR)	New Price (PKR)	Increase (PKR)
GLI MT 1.3	4,479,000	4,649,000	170,000
ATIV MT 1.3	4,730,000	4,829,000	99,000
GLI CVT 1.3	4,760,000	4,809,000	49,000
ATIV CVT 1.3	5,604,000	5,719,000	115,000
ATIV X CVT 1.5 (Beige Interior)	6,255,000	6,389,000	134,000
ATIV X CVT 1.5 (Black Interior)	6,319,000	6,449,000	130,000

 

Toyota Corolla Altis

Variant	Old Price (PKR)	New Price (PKR)	Increase (PKR)
Altis X Manual 1.6	5,969,000	6,099,000	130,000
Altis 1.6 X CVT-i	6,559,000	6,699,000	140,000
Altis 1.6 X CVT-i Special Edition	7,189,000	7,339,000	150,000
Altis X CVT-i 1.8	6,889,000	7,029,000	140,000
Grande X CVT-i 1.8 (Beige Interior)	7,509,000	7,669,000	160,000
Grande X CVT-i 1.8 (Black Interior)	7,549,000	7,709,000	160,000

 

Toyota Hilux

Variant	Old Price (PKR)	New Price (PKR)	Increase (PKR)
Hilux E	11,039,000	11,379,000	340,000
Revo G 2.8	11,959,000	12,329,000	370,000
Revo G Automatic 2.8	12,549,000	12,939,000	390,000
Revo V Automatic 2.8	13,849,000	14,279,000	430,000
Revo GR-S	15,359,000	15,889,000	530,000

 

Toyota Fortuner

Variant	Old Price (PKR)	New Price (PKR)	Increase (PKR)
2.7 G	14,419,000	14,929,000	510,000
2.7 V	16,099,000	16,659,000	560,000
Sigma 4	17,579,000	18,169,000	590,000
Legender	18,559,000	19,129,000	570,000
GR-S	19,899,000	20,469,000	600,000

 

The newly imposed NEV levy is designed to discourage ICE vehicles and encourage the adoption of electric and hybrid alternatives. The levy excludes:

• Electric vehicles (EVs)
• Hybrid vehicles
• Export-only units
• Diplomatic vehicles

This move is part of the government’s broader effort to reduce carbon emissions and stimulate the green automotive shift in Pakistan.

Booking Policy & Terms

Toyota IMC has clarified the following:

• All orders placed on or after July 1, 2025, will be billed at the revised rates.
• Orders partially paid or pending as of June 30 will also be subject to new pricing unless full payment was made under terms announced on June 16.
• The listed prices include Sales Tax, Federal Excise Duty (FED), and dealer commissions, but exclude freight and insurance charges.
• Future price revisions may occur due to exchange rate changes or tax adjustments.

As the NEV levy reshapes Pakistan’s car market, automakers and consumers alike are adjusting to a new era, where affordability may depend on going electric.