First Vehicle Shipments Expected Between February 25th and 27th Following Easing of Import Restrictions
Prasad Manage, President of the Sri Lanka Vehicle Importers’ Association, announced that the first shipment of vehicles will occur between February 25th and 27th, following the easing of import restrictions on February 2nd.
Speaking to the media, Manage confirmed that importers have successfully opened new credit letters for all categories of vehicles.
He further explained that the second and third shipments, covering all vehicle categories, are expected to arrive by March. He assured customers that there is no need for concern, as this marks the start of the long-awaited import process.
He stated that vehicles would be available starting at Rs. 6 million.
“Prices for models like the Suzuki Japan Alto and Suzuki Wagon RFX will range from Rs. 6 million to Rs. 6.5 million. The Toyota Yaris will be available starting at Rs. 6.5 million. The Toyota Vitz model has been discontinued by the manufacturer and will be replaced by the Toyota Yaris,” he clarified.
He also confirmed that it will be possible to purchase European vehicles.
“There will be no need to make any upfront payments for new vehicles. By mid-March, all models will be available in our showrooms. Customers will be able to view, inspect, and purchase vehicles according to their convenience,” Prasad Manage added.
He further mentioned that, following the arrival of new stock, prices for used vehicles are expected to drop by up to 25% based on current market trends.
Toyota Lanka has released the updated prices for its wide range of brand-new vehicles, following the Sri Lankan government’s decision to lift the vehicle import ban and introduce revised tax rates. The new pricing reflects current exchange rates, duties, and government levies, with all prices inclusive of VAT.
The updated vehicle prices are as follows:
– Toyota Lite Ace : Starting from Rs. 7.45 million
– Toyota Wigo : Starting from Rs. 9.15 million
– Toyota Lite Ace Van : Starting from Rs. 11.4 million
– Toyota Raize : Starting from Rs. 12.25 million
– Toyota Hilux (Single Cab) : Starting from Rs. 15.2 million
– Toyota Hiace : Starting from Rs. 19.95 million
– Toyota Coaster : Starting from Rs. 19.8 million
– Toyota Yaris Ativ : Starting from Rs. 18.5 million
– Toyota Rush : Starting from Rs. 17.95 million
– Toyota Corolla : Starting from Rs. 28 million
– Toyota Prius : Starting from Rs. 28.9 million
– Toyota RAV4: Starting from Rs. 37.5 million
– Toyota Camry : Starting from Rs. 44 million
– Toyota Land Cruiser 250 : Starting from Rs. 75 million
– Toyota Alphard : Starting from Rs. 73.9 million
– Toyota Fortuner : Starting from Rs. 61 million
– Toyota Land Cruiser 300 : Starting from Rs. 118 million
