The automobile industry in Pakistan is bracing for significant changes as the government has approved new taxes in the 2024-25 budget. Among the affected vehicles, the Toyota Corolla Altis stands out as one of the top-selling sedans. Let’s delve into the details of the expected price adjustments for various Corolla Altis models.
The New Tax Landscape
The government’s decision to impose withholding tax on new car purchases has sent ripples through the automotive market. Buyers will bear the brunt of this move, as prices of all cars, including the Toyota Corolla Altis, are on the rise. The tax measures aim to bolster revenue, driven by pressure from global lenders.
Expected Price Ranges
Here’s a breakdown of the anticipated prices for different Toyota Corolla Altis variants:
- Toyota Corolla Altis X Manual 1.6: Expected to be priced around Rs. 6,044,000.
- Toyota Corolla Altis 1.6 X CVT-i: Anticipated price: Rs. 6,634,000.
- Toyota Corolla Altis X CVT-i 1.8: Estimated cost: Rs. 6,964,000.
- Toyota Corolla Altis 1.6 X CVT-i Special Edition: Expected price: Rs. 7,264,000.
Remember, these figures are subject to change based on the final tax implementation. The Corolla Altis remains a popular choice for its comfort, stylish design, and reliable performance. Its strong resale value and fuel efficiency make it practical for daily commutes and long trips.
