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Toyota Australia has given the majority of its models price increases by between $500 and $3800, depending on the variant.
Contributor
Contributor
Toyota Australia increased list prices on the majority of its models as of January 1, 2023.
All the vehicles affected in this particular increase have had their before on-road asking price increased by between $500 and $3800, depending on the model and variant.
These models include: the Yaris, Corolla, Camry, Yaris Cross, C-HR, RAV4, LandCruiser Prado, LandCruiser 300 Series, Granvia, LandCruiser 70 Series, and HiAce.
A Toyota spokesperson said this price increase was due to a combination of the following factors “outside our control”.
“More expensive raw materials, labour, tooling and packaging are feeding into higher manufacturing costs; there has been a significant increase in sea-freight charges; and economic conditions are generally tougher with inflation on the rise, both here and overseas.”
“In addressing these challenges, Toyota remains committed to keeping price increases to a minimum while maintaining our customer expectations for the quality and reliability of our vehicles,” added the Toyota Australia spokesperson.
One of the smaller price rises was for the Corolla. The entire range is up by $500, which means it now starts at $28,630 before on-road costs for the Ascent Sport hatch and sedan, and extends to $39,620 before on-roads for the ZR Hybrid sedan.
The vehicle with the largest price increase was the HiAce Commuter bus, with a price rise of $3800. It now starts at $73,560 before on-road costs and extends to $76,560 before on-roads. The LandCruiser 300 Series is also up by $3500.
Toyota isn’t alone in raising the prices on the majority of its range. Many brands, including Kia, BMW, Volkswagen and Audi recently announced almost range-wide price increases from January 1, 2023.
The updated 2023 pricing for the affected Toyota models is as follows:
Yaris
Corolla
Camry
Yaris Cross
C-HR
RAV4
LandCruiser Prado
LandCruiser 300 Series
Granvia
LandCruiser 70 Series
HiAce
MORE: Everything Toyota Yaris • Corolla • Camry • Yaris Cross • C-HR • RAV4 • LandCruiser Prado • LandCruiser 300 Series • LandCruiser 70 Series • HiAce • Granvia
Jack Quick is an automotive journalist based in Melbourne. Jack studied journalism and photography at Deakin University in Burwood, and previously represented the university in dance nationally. In his spare time, he loves to pump Charli XCX and play a bit of Grand Theft Auto. He’s also the proud owner of a blue, manual 2020 Suzuki Jimny.
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