Here’s How Much Toyota Increased Prices of Different Car Models in 2019 - Android
The past year has been pretty tough for the auto sector of Pakistan with a massive decline in sales leading… Read More
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The past year has been pretty tough for the auto sector of Pakistan with a massive decline in sales leading to non-production days and inventory going unsold.
One of the major reasons is that the automakers have raised their prices multiple times in this year alone. We have covered the price hikes authorized by Pak Suzuki during 2019 and will now look at the prices raised by Toyota over the course of this year.
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Corolla’s 1.3-liter base variant XLi had a starting price of Rs. 2,044,000 at the start of the year and now it costs Rs. 2,499,000 after a hike of Rs. 455,000. The flagship variant, the 1.8-litre Grande CVT SR cost Rs. 2,999,000 at the beginning of the year and over the course of the year, its price has been hiked by a staggering Rs. 700,000 and costs Rs. 3,699,000.
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You can see the change in the prices of Corolla and its variants below:
| Model | Price at the Start of the Year | Price at the End of the Year | Increase in Price during Jan-Dec 2019 |
| Xli | 2,044,000 | 2,499,000 | 455,000 |
| Xli AT | 2,119,000 | 2,599,000 | 480,000 |
| GLi | 2,299,000 | 2,749,000 | 450,000 |
| GLi AT | 2,374,000 | 2,849,000 | 475,000 |
| Altis 1.6 | 2,574,000 | 3,149,000 | 575,000 |
| Altis 1.8 MT | 2,689,000 | 3,299,000 | 610,000 |
| Altis 1.8 CVT | 2,814,000 | 3,449,000 | 635,000 |
| Grande MT SR | 2,864,000 | 3,499,000 | 635,000 |
| Grande CVT SR | 2,999,000 | 3,699,000 | 700,000 |
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At the start of the year, the case could be made that prices had to be raised due to the devaluation of the rupee and the imposition of the Federal Excise Duty (FED) but as the year progressed, the rupee has gained some ground back and is relatively stable but the prices have only gone one way – up.
Even the Toyota Hilux wasn’t spared from the price hikes as seen in the table below:
| Model | Price at the Start of the Year | Price at the End of the Year | Increase in Price during Jan-Dec 2019 |
| 4×2 Single Cab Standard | 2,929,000 | 3,159,000 | 230,000 |
| 4×2 Single Cab Up-Spec | 2,959,000 | 3,479,000 | 520,000 |
| 4×2 Single Cab Deck-less | 2,674,000 | 3,159,000 | 485,000 |
| 4×4 Single Cab Standard | 4,159,000 | 4,849,000 | 690,000 |
| Double Cab Standard | 4,549,000 | 5,249,000 | 700,000 |
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The Toyota Hilux Revo saw the price of its variants increase considerably with all of them seeing a collective increase of Rs. 700,000-800,000. You can see the changes in the table below:
| Model | Price at the Start of the Year | Price at the End of the Year | Increase in Price during Jan-Dec 2019 |
| Revo G 2.8 | 4,859,000 | 5,599,000 | 740,000 |
| Revo G AT 2.8 | 5,089,000 | 5,899,000 | 810,000 |
| Revo V AT 2.8 | 5,339,000 | 6,249,000 | 850,000 |
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The Fortuner had the biggest increase in its price as the year progressed and in the case of the Diesel variant, the price was increased by a mind-numbing Rs. 1.85 million as seen in the table below:
| Model | Price at the Start of the Year | Price at the End of the Year | Increase in Price during Jan-Dec 2019 |
| AT Petrol | 6,399,000 | 7,999,000 | 1,600,000 |
| AT Diesel | 6,799,000 | 8,649,000 | 1,850,000 |
Let us know what you think in the comments below?
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