Overview
Recently, there has been a significant drop in the prices of imported SUVs and 4×4 vehicles in Pakistan. The government’s revised duties and taxes on imported vehicles, along with the strengthening of the Pakistani Rupee against the US Dollar, have contributed to this major price cut. As a result, premium imported SUVs are now more affordable, attracting buyers who were previously hesitant due to high costs.
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Vehicles Affected & Price Drop Table
SUV/4×4 Model | Old Price (PKR) | New Price (PKR) | Approx. Decrease % |
---|---|---|---|
Toyota Land Cruiser ZX | 110,000,000 | 95,000,000 | -14% |
Toyota Prado TXL | 70,000,000 | 62,000,000 | -11% |
Mitsubishi Pajero 3.8 | 55,000,000 | 48,500,000 | -12% |
Lexus LX570 | 120,000,000 | 105,000,000 | -12.5% |
Toyota Fortuner Legender (CBU) | 22,000,000 | 19,500,000 | -11% |
Kia Sorento EX+ (Imported) | 17,500,000 | 15,000,000 | -14% |
Nissan Patrol Royale | 95,000,000 | 83,000,000 | -12.6% |
Key Reasons for the Price Drop
Revised Import Duties & Taxes:
The government recently reduced regulatory duties and customs tariffs on imported vehicles above 1,800cc, directly impacting luxury SUVs and 4×4s.
PKR Strengthening:
The Pakistani Rupee has gained value against the US Dollar, lowering the landed cost of imported vehicles.
Low Demand & Stock Clearance:
Dealers are offering attractive discounts to clear previous inventories that piled up due to low purchasing power and high markup.
Policy Shift to Boost Sales:
Authorities aim to rejuvenate the auto sector and boost sales of premium vehicles by creating a competitive pricing environment.
Final Verdict:
This is a favorable time for enthusiasts planning to purchase premium imported SUVs or 4×4s. If you’ve been waiting for prices to drop, now might be your chance to make the move before the next duty revision or currency fluctuation.