GST Effect: Toyota Slash Prices By Up To 12.29 Lakh
Modified On Jul 01, 2017 07:07 PM By Khan Mohd.
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Toyota is offering the least benefit of Rs 20,000 on its Etios Liva, while the highest of 12.29 lakh, is on the Land Cruiser Prado
Throughout the country, the biggest headlines on every news channel today is undoubtedly the new GST norms and its fallout. While some industries and tradecrafts are smiling ear-to-ear at the new benefits accorded to them, others aren’t so much. Amidst this, the automobile sector turned out to be, by far and large, one of the luckier ones, with car prices going down, except for hybrid vehicles. Toyota too has joined the bandwagon of carmakers extending the GST benefits to their consumers. The implementation of the goods and services tax (GST) has caused a revision in the ex-showroom prices of all Toyota models. Various taxes (excise duty, value added tax, different cesses etc) have been replaced by GST and the impact for the automotive industry has been largely positive.
The price change varies from city to city and the degree of GST’s impact increases as you move to more expensive car segments. To understand the impact of GST on different car segments, click here.
Here’s a look at the prices of all Toyota models before and after the implementation of the new tax structure:
Prices - Ex-Showroom, Delhi
| Car | Pre-GST | Post- GST | Difference |
|---|---|---|---|
| Etios Liva |
Rs 5.64 - 7.63 lakh | Rs 5.44 - 7.38 lakh | Rs 20,000-25,000 |
| Etios Cross |
Rs 6.59 - 8.06 lakh | Rs 6.26 - Rs 7.83 lakh | Rs 23,000 - 33,000 |
| Platinum Etios |
Rs 6.94 - 8.98 lakh | Rs 6.54 - 8.60 lakh | Rs 38,000 - 40,000 |
| Innova Crysta |
Rs 14.2 - 22.15 lakh | Rs 13.31 - 20.78 lakh | Rs 89,000 - 1.37 lakh |
| Corolla Altis |
Rs 15.87 - 19.91 lakh | Rs 14.89 - 18.67 lakh | Rs 98,000 -1.24 lakh |
| Fortuner |
Rs 26.66 - 31.86 lakh | Rs 24.41 - 29.18 lakh | Rs 2.25 - 2.68 lakh |
| Camry |
Rs 30.7 - 31.98 lakh | Rs 28.69 - 37.23 lakh | Base variant cheaper by Rs 2.01 lakh / Top end dearer by Rs 5.27 lakh |
| Prius | Rs 38.96 lakh | Rs 45.23 lakh | Rs 6.27 lakh |
| Land Cruiser Prado | Rs 93.36 lakh | Rs 84.72 lakh | Rs 8.64 lakh |
| Land Cruiser 200 | Rs 1.34 Cr | Rs 1.28 Cr | Rs 6 lakh |
Price - Ex-showroom, Mumbai
| Car | Pre-GST | Post- GST | Difference |
|---|---|---|---|
| Etios Liva |
Rs 5.93 - 8.00 lakh | Rs 5.50 - 7.43 lakh | Rs 43,000 - 57,000 |
| Etios Cross |
Rs 6.96 - 8.50 lakh | Rs 6.46 - 7.92 lakh | Rs 50,000 - 58,000 |
| Platinum Etios |
Rs 7.25 - 9.40 lakh | Rs 6.50 - 8.64 lakh | Rs 75,000 - 76,000 |
| Innova Crysta |
Rs 14.71 - 22.18 lakh | Rs 13.44 - 20.99 lakh | Rs 1.27 - 1.19 lakh |
| Corolla Altis |
Rs 16.75 - 20.99 lakh | Rs 15.09 - 18.92 lakh | Rs 1.66 - 2.07 lakh |
| Fortuner |
Rs 27.39 - 32.85 lakh | Rs 24.78 - 29.59 lakh | Rs 2.61 - 3.26 lakh |
| Camry |
Rs 32.59 - 36.35 lakh | Rs 29.26 - 37.94 lakh | Base variant cheaper by Rs 3.33 lakh/ Top end dearer by 1.59 lakh |
| Prius | Rs 43.76 lakh | Rs 44.51 lakh | Rs 75,000 |
| Land Cruiser Prado | Rs 99.05 lakh | Rs 86.76 lakh | Rs 12.29 lakh |
| Land Cruiser 200 | Rs1.41 Cr | Rs 1.30 Cr | Rs 11 lakh |
Disclaimer: All prices mentioned are ex-showroom. The final on-road price comprises the ex-showroom price (ex-factory+GST), insurance and registration charges (warranties/special options opted for will be additional). Due to the implementation of GST, insurance charges will be more expensive by 3 per cent.
