There are rumours that the carmakers in the country are waiting to increase the prices of their cars after all the additional taxes passed in the budget 22-23. Along with that, the increasingly depreciating Pak rupee and tough import structure is making it difficult for the automakers to remain competitive with their prices.
Kia has already updated their prices with the new capital value tax (CVT) and advance tax. Rest of the companies have not shown their cards yet. But it appears that Toyota Indus Motors slipped up and accidentally updated new prices on their website.
Here are the ongoing prices of Toyota Corolla and Toyota Yaris.
|Model||Current Price (PKR)|
|Corolla Altis X CVT-i 1.8||4,499,000|
|Corolla Altis Grande X CVT-i 1.8 (Beige Interior)||4,859,000|
|Corolla Altis Grande X CVT-i 1.8 (Black Interior)||4,899,000|
|Yaris GLI Manual 1.3||3,039,000|
|Yaris ATIV Manual 1.3||3,209,000|
|Yaris GLI CVT 1.3||3,249,000|
|Yaris ATIV CVT 1.3||3,379,000|
|Yaris ATIV X Manual 1.5||3,449,000|
|Yaris ATIV X CVT 1.5||3,659,000|
But Toyota Pakistan has accidentally leaked the new potential prices of their cars on their official website. And the difference is staggering. Here are the supposedly leaked prices of both Corolla 1.8 and Yaris.
The company immediately redacted the prices of their cars from their website, and now when you try to check the prices, you get this message.
As you can see the Corolla will potentially be 5 to 6 lac pricier, depending upon the variant, if the leaked price is considered to be true. Similarly, the Yaris will be 3 to 4 lac expensive. On contacting Toyota dealership, the representative dismissed the ‘fake’ price.
If these prices are accurate, which we think they are, and Toyota is only looking for a suitable time to release the new prices, it is only a matter of time before that happens. Keep in mind advance tax aka WHT and capital value tax are NOT included in this price as far as we can guess. Add those percentages in these prices to get a clear idea of potential new prices of both Corolla and Yaris.
Let us know what you think about the potential price hike in the comments below.