The Current Landscape: New Car Prices in Pakistan (2025)
1. Rising Costs After the 2025–26 Budget
In 2025, New Car Price in Pakistan Today automobile market witnessed significant price adjustments for new cars. A major catalyst for this shift was the introduction of a NEV (New Enhanced Valuation) levy, applied according to engine size: 1% for engines below 1,300cc, 2% for those between 1,300cc and 1,800cc, and 3% for larger engines.
Car manufacturers, including major players like Toyota Indus Motor Company, gradually passed these costs to customers starting from July. Profit by Pakistan Today For some models, the hike was substantial — up to Rs 600,000 for certain Toyota variants. Brandcar
2. Brand-wise Price Movements
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Suzuki: The company raised prices across much of its lineup. For example, the Alto VXR is now priced around Rs 2.994 million, up by nearly Rs 168,000, while the AGS version reaches Rs 3.166 million.
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Toyota: Toyota’s lineup saw differentiated hikes — smaller models got relatively modest increases, while premium ones (like Hilux or Fortuner) jumped by several hundred thousand rupees.
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Haval: Even the Chinese SUV brand saw its prices go up. For example, the Jolion 1.5T petrol model rose by hundreds of thousands of rupees. Brandcar
3. Tariff Cuts and Potential Future Relief
Despite the recent increases, there’s a silver lining. A reform deal with the International Monetary Fund (IMF) is expected to gradually reduce regulatory duties on cars. Luxury Car Brands – Best High-End Cars and SUVs
Over time, this could lead to lower import costs, especially for foreign models, potentially driving down prices. If fully implemented, the maximum import duty cap could go as low as 20%.
4. Luxury and Imported Vehicles: A Mixed Bag
In the luxury segment, some automakers are going the other way: cutting prices. For instance, BMW has slashed prices on certain high-end models following favorable tax revisions.
Yet, these adjustments may not fully offset the impact of budget-levied taxes for all buyers, especially in the premium market. Brandcar
5. What This Means for Buyers
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Affordability is Tightening: Entry-level and mid-range buyers are feeling the pinch. With rising taxes, the cost of owning a new car has become more burdensome.
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Long-Term Hope: The IMF-driven tariff cuts could ease pressure over the coming years — especially for imported models.
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Budget Strategy: If you’re looking to buy now, it’s wise to compare different models carefully, check for the most recent dealer price lists, and consider total costs (not just sticker price). Brandcar
6. Conclusion
New car prices in Pakistan in 2025 reflect a complex interplay of fiscal policy and market strategy. While tax hikes from the budget have pushed prices up for many popular models, the ongoing tariff reform agreement with the IMF holds promise for future relief. For now, prospective buyers must navigate a challenging environment — and possibly time their purchase carefully to benefit from coming changes. Visit Now
