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GST Effect: Toyota Slash Prices By Up To 12.29 Lakh

Modified On Jul 01, 2017 07:07 PM By Khan Mohd.

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

Toyota Fortuner

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 Various taxes (excise duty, value added tax, different cesses etc) have been replaced by GST and the impact for the automotive industry has been largely positive.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.

Also Read: GST Effect: Premium Cars Become More Enticing

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