GST Effect: Toyota Slash Prices By Up To 12.29 Lakh

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

The mood of the country today is all-GST (Good Service Tax). While some are cribbing about the price increase on certain products, others are rejoicing the drop in prices on the things that matter to them. Amid this, the automobile sector has given reason for cheer with car prices going down across all segments except for hybrid vehicles. Toyota too has joined the bandwagon of carmakers extending the GST benefits to their consumers by reducing the car prices up to Rs 12 lakh.

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 Various taxes (excise duty, value added tax, different cesses etc) have been replaced by GST and the impact for the automotive industry has been largely positive.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

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