ISLAMABAD – Bad news for Corolla and Yaris buyers in Pakistan. If you are also planning to buy new ride of IMC, brace yourself with massive surge as prices skyrocketed after government’s latest tax bombshell.
Indus Motor Company Limited, makers of Toyota cars in Pakistan, revealed surge up to Rs6Lacs amid New Enhanced Valuation (NEV) Levy introduced under Federal Budget 2025.
So far, price hike is for all models as no model has been spared.
Toyota Yaris Price in Pakistan
| Model | New Price |
| GLI MT 1.3 | 4,649,000 |
| ATIV CVT 1.3 | 5,719,000 |
| ATIV X CVT 1.5 (Black) | 6,449,000 |
Toyota Corolla Price in Pakistan
| Model | New Price |
| GLI MT 1.3 | 4,649,000 |
| ATIV CVT 1.3 | 5,719,000 |
| ATIV X CVT 1.5 (Black) | 6,449,000 |
| Altis X CVT-i 1.8 | 7,029,000 |
| Grande X CVT-i 1.8 (Black) | 7,709,000 |
NEV Levy specifically targets internal combustion engine (ICE) vehicles, making them significantly more expensive. Meanwhile, electric, hybrid, export-only, and diplomatic-use vehicles remain untouched. The move is part of the government’s aggressive strategy to push the country toward eco-friendly transportation.
All new orders from July 1, 2025 onward will be charged at the updated prices. Even bookings made before July 1 will face the price hike unless fully paid by June 30, as per Toyota’s June 16 circular.
The new prices include Sales Tax, Federal Excise Duty (FED), and Dealer commission. For the record, the it does not include Freight charges, and Insurance costs.
Toyota makers also warned that more price changes could follow if the rupee weakens or tax policies shift again.
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