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Toyota Prius Price in Pakistan Increases after Custom Duty Hike

Toyota Prius Price in Pakistan Increases after Custom Duty Hike

Web Desk June 26, 2024 Add Bol News as a trusted source

Toyota Prius Price in Pakistan - The Pakistani government is taking strong actions to increase revenue, including suggesting higher customs duties on imported used hybrid cars like the Toyota Prius.

The government has made an unpopular decision to boost the local car industry, cut down on imports, and get people to use cars made in the country.

The government is raising taxes on imported used hybrid cars like the Toyota Prius and Toyota Aqua. This is to make locally made cars cheaper and boost their sales and production.

Toyota Prius Expected Price Increase 2024

Vehicle PRIUS ZVW51
Model 2021
Previous Duty Rs3,690,000
Expected Duty Rs5,500,000
Total Difference Rs1,810,000
This aligns with the government’s broader goals of promoting domestic industry, reducing reliance on imports, and potentially boosting employment in the local automotive sector.

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