Toyota Yaris expected Price increase in Pakistan after surge in Withholding Tax

Toyota Yaris expected Price increase in Pakistan after surge in Withholding Tax

Jun 22, 2024 - 09:40
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Toyota Yaris Taxes: The federal government proposed higher withholding tax on new car purchases in budget 2024-25, in another blow to auto sector, which remains in dire straits.

The new tax rates will apply to vehicles with engine capacities ranging from under 850cc to 2000cc, which will now be taxed based on percentage of their price.

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Among Pakistan’s famous cars, Toyota Yaris remains a popular subcompact car known for its reliability, fuel efficiency, and comfortable ride. The car is also going to be expensive along with other models of Japanese autogiant.

Toyota Yaris Expected Price in Pakistan 2024

Models Current Value Current Tax Proposed Tax Proposed Tax Difference
Toyota Yaris GLI MT 1.3 Rs4,479,000 Rs50,000 2.00% Rs89,580.00 Rs39,580
Toyota Yaris ATIV MT 1.3 Rs4,730,000 Rs50,000 2.00% Rs94,600.00 Rs44,600
Toyota Yaris GLI CVT 1.3 Rs4,760,000 Rs50,000 2.00% Rs95,200.00 Rs45,200
Toyota Yaris ATIV CVT 1.3 Rs5,604,000 Rs50,000 2.00% Rs112,080.00 Rs62,080
Toyota Yaris ATIV X CVT 1.5 Beige Rs6,255,000 Rs50,000 2.00% Rs125,100.00 Rs75,100
Toyota Yaris ATIV X CVT 1.5 Black Rs6,319,000 Rs50,000 2.00% Rs126,380.00 Rs76,380

Toyota Yaris in Pakistan

The famous sedan is a blend of sophistication and performance, boasting a superior exterior design. The car’s modern and sleek appearance combines with a robust structure, ensuring a luxurious and comfortable driving experience.

It comes with Multi Information Display system that enhances convenience, providing alerts for door status, Eco wallet and fuel economy data, and comprehensive drive information, all accessible at your fingertips. With its engineering excellence, the Yaris delivers exciting driving dynamics, available in two engine options: 1.3L NR and 1.5L NR, paired with either a 5-speed manual or 7-speed CVT transmission.

For safety, Toyota Yaris is equipped with three SRS airbags that deploy in the event of severe impacts to protect occupants from serious injuries.