Prospective car buyers in Pakistan, beware — With the proposed 2% FED on cars above 1300cc, prices of Toyota’s Yaris and Corolla Altis may rise in the coming weeks.
Budget Impact: 2% Extra Duty
The Federal Budget 2025–26 has suggested a 2% Federal Excise Duty (FED) on cars ranging from 1300cc to 1800cc, which could directly affect the most popular Toyota models.
Estimated Price Hikes
If implemented:Toyota Yaris 1.3 CVT (Current: PKR 4.39 million) → Expected: PKR 4.48 million
Corolla Altis 1.6 (Current: PKR 5.90 million) → Expected: PKR 6.02 million
Altis Grande 1.8 CVT may face a hike of PKR 120,000–150,000
Other Price Factors
Global increase in raw material costs
Fluctuating USD-PKR rates
Higher prices of imported CKD kits
What Buyers Should Do
Planning to buy a Toyota sedan?Book your vehicle before the new tax is enforced to avoid higher prices post-budget.
