In a major relief for luxury car buyers, the price of the Lexus LX600 has dropped by up to ₨1.2 crore following the announcement of the Federal Budget 2025. The significant price cut comes after the government reduced import duties on luxury and high-engine capacity vehicles.
According to industry insiders, reductions in Customs Duty, Regulatory Duty, and Additional Customs Duty have directly impacted the pricing of imported vehicles, making high-end models like the Lexus LX600 more accessible to buyers.
Previously priced around ₨12 crore depending on the variant and importer margins, the Lexus LX600 is now available at significantly lower rates, prompting a surge in customer interest.
Automotive dealers have welcomed the decision, expecting a rise in legal imports and a shift away from grey market and used vehicle imports. Analysts believe this move will enhance transparency and potentially boost government revenue in the long run.
Key Highlights:
-
Lexus LX600 sees price reduction of up to ₨1.2 crore
-
Reduction driven by lower import duties under Budget 2025
-
Increased interest expected in luxury SUV segment
-
Dealers anticipate higher legal import volumes
