Bad news for everyone looking to buy a new Toyota car in 2022. Toyota-Indus has just increased its car prices by up to (PKR 493,000). This will be effective from January 15, 2022. This will include car orders pending since January 15, 2022 and afterwards.
A possible reason behind this sudden increase in car prices is the mini-budget. However, the effects of this budget were not expected to be this quick. Here is the new price list from Toyota.
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New Toyota Car Prices in Pakistan
Fortuner
| Variants | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
| Fortuner G | 8,179,000 | 8,569,000 | 390,000 |
| Fortuner V | 9,489,000 | 9,941,000 | 452,000 |
| Fortuner Sigma | 9,919,000 | 10,392,000 | 473,000 |
| Fortuner Legender Diesel | 10,349,000 | 10,842,000 | 493,000 |
Yaris
| Variants | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
| TOYOTA YARIS 1.3L GLI MT | 2,549,000 | 2,612,000 | 63,000 |
| TOYOTA YARIS 1.3L GLI CVT | 2,749,000 | 2,817,000 | 68,000 |
| TOYOTA YARIS 1.3L ATIV MT | 2,679,000 | 2,745,000 | 66,000 |
| TOYOTA YARIS 1.3L ATIV CVT | 2,849,000 | 2,919,000 | 70,000 |
| TOYOTA YARIS 1.5L ATIV X MT | 2,899,000 | 2,970,000 | 71,000 |
| TOYOTA YARIS 1.5L ATIV X CVT | 3,099,000 | 3,175,000 | 76,000 |
Corolla
| Variants | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
| COROLLA ALTIS X MT 1.6 | 3,299,000 | 3,380,000 | 81,000 |
| COROLLA ALTIS X AT 1.6 | 3,449,000 | 3,534,000 | 85,000 |
| COROLLA ALTIS X AT 1.6SE | 3,799,000 | 3,892,000 | 93,000 |
| COROLLA ALTIS X CVT-i 1.8 | 3,779,000 | 3,872,000 | 93,000 |
| COROLLA ALTIS GRANDE X CVT-i 1.8(BEIGE INTERIOR) | 4,079,000 | 4,179,000 | 100,000 |
| COROLLA ALTIS GRANDE X CVT-i 1.8(BLACK INTERIOR) | 4,099,000 | 4,199,000 | 100,000 |
Hilux Revo
| Variants | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
| Revo G M/T | 6,789,000 | 6,947,000 | 158,000 |
| Revo G A/T | 7,139,000 | 7,306,000 | 167,000 |
| Revo V A/T | 7,849,000 | 8,030,000 | 181,000 |
| Revo Rocco | 8,279,000 | 8,472,000 | 193,000 |
Prediction for other car prices
Before Toyota, Suzuki increased the prices of its cars by up to PKR 150,000. We might also see car price hikes from other companies following the price increase of these two giants. The question is when and how much.
Effects of these price hikes can result in shifting of trend. Many people might prefer to buy a used car instead of a new one with this increase in car price in Pakistan.
Keep visiting our blog section to stay updated with news regarding car price hike in Pakistan.
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