Indus Motor Company has recently made significant adjustments to the prices of completely built-up (CBU) cars in Pakistan, effective as of March 12, 2024.
The company, in an official announcement, unveiled the revised Retail Selling Prices (RSPs) ex-factory Karachi for their CBU passenger lineup, marking a notable shift in pricing dynamics within the automotive market.
Although the company did not explicitly cite the rationale behind this decision, it has led to a notable decrease in the prices of two specific CBU models.
Revised Price of Toyota Camry:
The Toyota Camry 2.5L Hybrid witnesses a substantial price reduction, plummeting from its previous rate of PKR 53,859,000 to PKR 29,990,000, marking a noteworthy decrease of PKR 23,869,000.
Revised Price of Toyota Land Cruiser 300:
Similarly, the price adjustment extends to the Toyota Land Cruiser 300 ZX, which now stands at PKR 120,000,000, down from its prior figure of PKR 156,829,000. This reflects a significant reduction of PKR 36,829,000.
Terms and Conditions:
It is essential to note that these adjustments are provisional in nature, subject to potential alterations. While indicative prices have been provided, they should not be misconstrued as the final cost. Instead, the pricing applicable at the time of delivery will prevail.
Furthermore, the revised prices are set to apply to all orders invoiced on or after March 12, 2024, underscoring the company’s commitment to ensuring transparency and consistency in their pricing policies.
These indicative RSPs encompass various components, including applicable sales tax, FED, CVT, and Dealer’s Commission, providing a comprehensive overview of the pricing structure.
Overall, this strategic initiative by Indus Motor Company marks a significant development in the automotive sector in Pakistan, with Toyota’s presence poised to strengthen further as a result of these favorable pricing adjustments.
As the company continues to prioritize affordability and accessibility, consumers can anticipate a more competitive landscape in the realm of CBU car purchases.
