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Toyota Yaris new price & easy installment plans for May 2024

Toyota Yaris new price & easy installment plans for May 2024

Web Desk May 08, 2024 Add Bol News as a trusted source

Amidst rising prices and a decline in car sales in Pakistan, several companies have begun reducing prices and offering promotions to attract customers.

Toyota Indus Motor Company (IMC) has introduced a special installment plan for their vehicles, including the Toyota Yaris and other hatchbacks like the Fortuner, Corolla, and Hilux. They've partnered with Bank Al Habib to make car ownership more accessible to people.

The Toyota Yaris, a popular sedan alongside the Corolla, is known for its practicality and feature-rich design. Its sleek appearance, highlighted by slim headlights and a sharp two-tone bumper, reflects Toyota's reputation for quality in the market.

The Yaris has a thriving resale market, and its availability of spare parts, low maintenance costs, and advanced infotainment system make it a preferred choice for urban drivers.

With its smooth petrol-powered ride and standout features such as smart entry, push start, TFT screen, and efficient air conditioning, the Yaris offers an enjoyable driving experience in city settings.

New Installment Offer by Toyota Pakistan

-Exclusive Financing: Benefit from an exclusive mark-up rate of 1 Year KIBOR + 2.5%, making your dream car more affordable

-Exclusive Mark-up Rate of 1 Year KIBOR + 2.5%.

-Exclusive Insurance Rate at just 1.9%.

-Toyota Protection Plan

-Free 4th Year Extended Warranty

-Priority Delivery

Toyota Yaris New Price May 2024 Update

The price of Toyota Yaris 1.3 GLI MT stands at Rs4,326,000 while the new price of 1.3 GLI CVT has been fixed at Rs4,616,000.

Toyota Yaris 1.3L ATIV MT is available for Rs4,586,000 while ATIV CVT’s price stands at Rs4,766,000.

The price of Toyota Yaris 1.5L ATIV X MT stands at 5,309,000 while Toyota Yaris 1.5L ATIV X CVT stands at Rs5,649,000.

What is KIBOR rate?

KIBOR rates, also known as Karachi Interbank Offered Rates, are the interest rates quoted by banks on Reuters for interbank lending and borrowing without collateral. These rates are quoted by 20 member banks at a specified time, typically 11:30 AM.

To calculate the KIBOR rate, the highest and lowest rates from the 20 banks are excluded, leaving the average of the remaining rates for both buying and selling ends. KIBOR rates are available for various tenors ranging from one week to three years. They serve as a benchmark for setting corporate lending rates.

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