Toyota Fortuner GST Rate Cut Impact: Cheaper By Up To Rs 3.49 lakh!
Your favourite Fortuner will be cheaper to buy!
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Toyota India has announced price cuts for its popular Fortuner SUV after the GST rate cuts. The Japanese automaker will be passing on the full benefit of the reduction in tax to the customer, reducing the ex-showroom price of the Fortuner.
What Are The New Prices?
Toyota has announced that the Fortuner will be cheaper by up to Rs 3.49 lakh. While we await a detailed variant-wise price list from Toyota, here’s exactly how much you could save:
Toyota Fortuner Petrol New Prices
For the petrol variants of the Fortuner, the ex-showroom price is expected to be reduced by Rs 2.4 lakh.
| Toyota Fortuner New Price After GST Cut (Petrol) |
|
| Variant |
Savings (Approx) |
| 4x2 AT |
Rs 2,40,333 |
| 4x2 AT (Platinum White Pearl) |
Rs 2,41,333 |
Toyota Fortuner Diesel New Prices
If you plan on buying a diesel Fortuner, savings range from Rs 2.45 lakh for the 4x2 MT version, all the way up to Rs 3.49 lakh for the Fortuner GR-S 4x4 AT model.
| Toyota Fortuner New Price After GST Cut (Diesel) |
|
| Variant |
Savings (Approx) |
| 4x2 MT |
Rs 2,44,867 |
| 4x2 MT (Platinum White Pearl) |
Rs 2,45,867 |
| 4x2 AT |
Rs 2,60,067 |
| 4x2 AT (Platinum White Pearl) |
Rs 2,61,067 |
| 4x4 MT |
Rs 2,72,200 |
| 4x4 MT (Platinum White Pearl) |
Rs 2,73,200 |
| 4x4 AT NeoDrive |
Rs 2,98,133 |
| 4x4 AT NeoDrive (Platinum White Pearl) |
Rs 2,99,133 |
| GR-S 4x4 AT |
Rs 3,48,933 |
Also Read: Mahindra New Price After GST Rate Cut
Toyota Fortuner Legender Prices
Prices for the Legender will be reduced by up to Rs 3.34 lakh.
| Toyota Fortuner Legender New Price After GST Cut |
|
| Variant |
Savings (Approx) |
| 4x2 AT |
Rs 2,96,733 |
| 4x4 MT |
Rs 3,11,733 |
| 4x4 AT NeoDrive |
Rs 3,33,933 |
Reason For Price Reduction
With the revision in GST rates, the Fortuner is now taxed at 40%. Earlier, the Fortuner attracted a 28% GST and a total compensation cess of 22%, taking the total tax to 50%.
| Old Tax (including cess) |
New Tax |
Savings |
|
| Petrol |
50% |
40% |
10% |
| Diesel |
50% |
40% |
10% |
The new prices will be applicable from September 22. Watch this space for the full price list.
Notes:
-
All prices mentioned above are ex-showroom.
-
Savings mentioned are based on internal calculations that take into account the difference in taxes.
The next-generation of Toyota Fortuner could feature an all-new interior layout influenced by the latest Hilux. See what to expect here.
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