Toyota Indus Motor Company (IMC) has officially increased prices across its entire vehicle range, effective July 1, 2025, in response to the newly imposed NEV (New Enhanced Valuation) Levy under the Federal Budget 2025–26. The tax, aimed at internal combustion engine (ICE) vehicles, has pushed nearly all major carmakers, including Honda, Suzuki, and Changan, to revise their prices.
Toyota’s updated retail prices reflect increases ranging from Rs. 49,000 to Rs. 600,000, depending on the model and variant. While the company has yet to announce pricing for the Corolla Cross, the following vehicles have received notable increases:
| Model | Variant | Old Price (PKR) | New Price (PKR) | Increase (PKR) |
|---|---|---|---|---|
| Yaris | 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 | |
| Corolla Altis | 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 | |
| Hilux | 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 | |
| Fortuner | 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 NEV levy targets all ICE vehicles, making them costlier while exempting electric, hybrid, export-only, and diplomatic vehicles. This policy shift aims to accelerate Pakistan’s transition to greener transportation. Similar price hikes have been observed across Honda, Suzuki, and Changan lineups.
Toyota IMC has specified that all vehicle orders placed on or after July 1, 2025, will be invoiced at the new ex-factory prices. Orders pending or partially paid before this date will also fall under the new pricing unless fully cleared by June 30, 2025, under specific terms announced on June 16.
All prices include Sales Tax, Federal Excise Duty (FED), and dealer commissions, but exclude freight and insurance. Prices may change again in response to currency fluctuations or tax adjustments.