The 2020-21 fiscal budget has caused every auto-manufacturer in Pakistan to revise the prices of their vehicles. In a surprise to no one, Toyota Indus Motor Company has also bumped up the price of the 2020 Hilux double cabin.
Many other automakers blamed the depreciation of the local currency as the key reason for price hike, but for Toyota, there’s a bit more to that story. A few weeks ago, the government stated in full disclosure that new FED rates shall be imposed on the double cabin as they are, “Intended for commercial use but people use them as a luxury vehicle.”
As per the aforementioned news, 7.5% FED is to be imposed on the locally manufactured crew-cab trucks and 25% to be imposed on the imported crew-cab trucks, which bumps up the prices of these vehicles significantly. Here’s the revised price list for the 2020 Toyota Hilux Crew-Cabin variants:
| Models | Old Price (PKR) | Revised Price (PKR) | Price Difference (PKR) |
| IMV III STD | 5,499,000/- | 5,912,000/- | 413,000/- |
| REVO G MT | 5,899,000/- | 6,342,000/- | 443,000/- |
| REVO G AT | 6,199,000/- | 6,664,000/- | 465,000/- |
| REVO V AT | 6,549,000/- | 7,041,000/- | 492,000/- |
Like other car companies, this is Toyota’s 2nd price bump this year, with the last revision in April 2020. With the depreciation of dollar affecting every single company in the industry, it’s only of matter of time before all automakers increase the prices of their lineup.
Toyota IMC and its rivals have not yet announced the revised prices for the rest of their cars, following the budget, but with the increase in the price of Hilux and other vehicles occurring just a few days ago, it appears that the price revision for other vehicles is imminent.
The mafia of PMLN and PPP in the Autosector is trying to fail my Leader Imran Khan. NAB should investigate the nexus of Patawaris and Auto sector. But Imran Khan will be victorious in the end and all Mafias will be defeated.
you are Totally d*g head !
I feel extremely sad for youthias and their mental capabilities seems like there is some IQ test in which you have to score 70 and then you are allowed to be a member of this party.
May Allah have mercy on Pakistan
Your leader is totally nonsense chootiya Khan urf Cuppitaan # 1 liar of the Century Uturns Master responsible for high drop of GDP in just 18 months from +5.9% to -0.4 % .The blinds youthias still in dreams of mujra container showed by chootiya khan urf Cuppitaan.Further more blinds youthias should read / Listen what Late Dr.Israr & Hakeem Saeed predict for ur nonsense leader chootiya khan urf Cuppitaan
This country is doomed..and sick youtio or jahil pti walo ko yahi lagta hai ky imran khan bohat kabul bunda hai. nashaye hai ..53 lac ke thee.revo.. 27 ke honda.. or grande 24 ke mujay abi be yaad hai..ye naahul aya sub kuch kharab kar diya..or ilzam pml or ppp per…