Toyota Pakistan has recently increased car prices upto Rs. 580,000 including Yaris, Grande and Fortuner, following in the footsteps of KIA Lucky Motors.
According to the automobile company:
- All new orders placed on or after November 10, 2021 will be subject to a price increase.
- Vehicles having a committed delivery month of January 2022 will also see an increase in price.
- Cars having a confirmed delivery month of December 2021, or which are ready to go, or vehicles invoiced (balance payment not pending) before November 15, 2021, are exempt from the price rise.
- Fifty percent Vehicles invoiced (balance payment pending) after November 15, 2021 will be applicable to a price hike.
The company’s recent price hikes have caused a great concern among automobile customers, who fear that other automakers will be gearing up to raise their prices as well.
