Starting 1st July 2025, Toyota Indus Motor Company (IMC) has officially raised prices across its entire car lineup, with some models seeing a massive increase of up to Rs. 600,000. This move comes in response to the New Enhanced Valuation (NEV) Levy imposed under Pakistan’s Federal Budget 2025–26.
This tax mainly affects internal combustion engine (ICE) vehicles, making cars more expensive, while electric and hybrid vehicles remain unaffected. As a result, Toyota, like many other manufacturers, has adjusted prices for popular models such as Yaris, Corolla Altis, Hilux, and Fortuner.
If you’re planning to buy a new Toyota vehicle, here’s the updated ex-factory price list as of July 2025:
Also Read
Updated Toyota Car Prices – July 2025 (Ex-Factory Karachi)
| Model | Variant | Old Price (PKR) | New Price (PKR) | Increase (PKR) |
|---|---|---|---|---|
| Yaris | GLI MT 1.3 | 4,479,000 | 4,649,000 | 170,000 |
| ATIV CVT 1.3 | 5,604,000 | 5,719,000 | 115,000 | |
| Corolla Altis | Altis X Manual 1.6 | 5,969,000 | 6,099,000 | 130,000 |
| Altis 1.6 X CVT-i Special Edition | 7,189,000 | 7,339,000 | 150,000 | |
| Hilux | Revo V Automatic 2.8 | 13,849,000 | 14,279,000 | 430,000 |
| Revo GR-S | 15,359,000 | 15,889,000 | 530,000 | |
| Fortuner | GR-S | 19,899,000 | 20,469,000 | 600,000 |
Why the Price Increase?
The government’s NEV Levy aims to encourage eco-friendly transportation by making traditional fuel vehicles less attractive. It exempts EVs, hybrids, and diplomatic vehicles, pushing automakers to shift their focus toward green mobility.
Important Notes for Buyers:
-
New prices apply to all bookings from July 1, 2025.
-
Bookings before June 30 are valid only if fully paid.
-
Prices include Sales Tax, FED, and dealer commission (freight & insurance excluded).
-
Further changes may occur based on currency and tax policy shifts.
If you’re considering buying a Toyota vehicle, now is the time to weigh your options. As the market shifts toward EVs, these price hikes could be just the beginning.
