Automotive & EV | July 2026 | 4 min read
⚡ Quick Takeaways
⚡ Toyota has revised prices on five imported models under the Finance Act 2026’s Special Excise Duty.
⚡ The LC 300 Petrol sees the biggest jump — Rs11 million — taking it to Rs106 million.
⚡ The Toyota Camry rises Rs10.8 million to Rs43.8 million, a 33% increase over its previous price.
⚡ All affected models have engine capacities above 2,000cc, which triggered the new excise duty.
⚡ The revised prices are effective immediately following Finance Act 2026 implementation.
Toyota Pakistan has pushed through sweeping price increases on its imported lineup, with the LC 300 Petrol crossing Rs106 million and the Camry jumping by nearly a third of its former price — the direct fallout of a Special Excise Duty introduced under the Finance Act 2026 targeting imported vehicles above 2,000cc.
| Rs11m
Biggest Hike LC 300 Petrol |
5
Models Affected All above 2,000cc |
+33%
Camry Price Rise Rs33m → Rs43.8m |
The New Prices — Model by Model
Five imported Toyota models have been repriced, with increases ranging from Rs3.5 million on the LC 250 Petrol 7-Seater to Rs11 million on the LC 300 Petrol. Every affected model sits above the 2,000cc threshold that triggered the new Special Excise Duty under Finance Act 2026.
| Model | Old Price | New Price | Increase | % Rise |
| Toyota LC 300 Petrol | Rs. 95,000,000 | Rs. 106,000,000 | +Rs. 11,000,000 | +11.6% |
| Toyota Camry | Rs. 33,000,000 | Rs. 43,800,000 | +Rs. 10,800,000 | +32.7% |
| Toyota LC 250 Petrol 5-Seater | Rs. 55,000,000 | Rs. 61,500,000 | +Rs. 6,500,000 | +11.8% |
| Toyota LC 250 Diesel | Rs. 63,000,000 | Rs. 68,500,000 | +Rs. 5,500,000 | +8.7% |
| Toyota LC 250 Petrol 7-Seater | Rs. 60,000,000 | Rs. 63,500,000 | +Rs. 3,500,000 | +5.8% |
| ℹ️ Camry — Biggest Percentage Rise The Camry’s Rs10.8 million increase is the most dramatic in percentage terms — a 32.7% jump that takes it from Rs33 million to Rs43.8 million. That is a significant repositioning for what is Toyota’s flagship sedan in Pakistan, pushing it closer to territory previously occupied by European luxury brands. |
What Drove the Increases — Finance Act 2026
The price revisions are a direct consequence of the Finance Act 2026, under which the government imposed an additional Special Excise Duty on all imported vehicles with engine capacities exceeding 2,000cc. Every model on Toyota’s revised list falls into this category — the Land Cruiser variants and the Camry are all large-displacement imported vehicles, making them the primary targets of the new duty.
| ⚠️ Policy Context The Special Excise Duty on imported vehicles above 2,000cc is a revenue measure that also carries a policy signal: the government is tilting the tax burden toward luxury and premium imported vehicles, preserving competitiveness for locally assembled and smaller-engine cars. |
Pakistan has a long history of using excise duty and customs tariffs to manage the import bill, particularly on vehicles that consume significant foreign exchange. Large-engine imported CBUs — completely built-up units — are near the top of that list, and the Finance Act 2026 continues a pattern of making them progressively more expensive through taxation.
What This Means for Buyers
For anyone who had a Toyota LC 300, Camry, or LC 250 on their shortlist, the new pricing changes the calculation materially. The LC 300 Petrol at Rs106 million is now firmly in hyper-luxury territory. The Camry at Rs43.8 million has moved into a price band where it faces a different set of competitors than it did at Rs33 million.
| 🔴 Check Your Existing Booking Buyers who placed bookings before the Finance Act 2026 implementation should confirm with their dealer whether the old price has been honoured or whether the revised rate applies to their order. This varies by dealership policy and booking date. |
For the broader market, the increases are unlikely to affect demand for locally assembled vehicles but will further compress the already-thin buyer pool for large imported CBUs. Pakistan’s appetite for premium imported vehicles has historically proved resilient even to significant price increases — but the cumulative effect of Finance Act 2026 and ongoing foreign exchange constraints will test that resilience in the months ahead.
Disclaimer: Prices are based on Toyota’s revised official price list effective under Finance Act 2026. All figures are in Pakistani Rupees. Prices are subject to further revision by the manufacturer. Readers should verify current prices with authorised Toyota dealerships before making purchase decisions.
