Toyota Australia announces price hike on Hilux, RAV4, Kruger
Toyota is again raising the prices of its most popular models – with waiting times of up to two years: this is how much a new car will cost you
- Price increase affects thousands of Toyota customers
- The latest increase is the second in six months
Thousands of Toyota customers will experience a major price hike for the second time in six months – with nearly every model affected.
The Japanese car giant has told Australian dealers that price increases for all but three models will come into effect from July 1.
The price increases – which range from $160 to $1,890 – come just months after Toyota announced another increase, which took effect in January.
Customers on waiting lists for a Toyota RAV4 Hybrid pay an additional $1,710 and $1,830 for a Toyota Camry Hybrid.
Due to increased demand for Toyota vehicles, waiting times for popular models such as the HiAce van and HiLux ute are currently six months to two years.
Thousands of Toyota customers will be hit by a major price hike for the second time in six months – with nearly every model affected (pictured, the HiLux Rogue)
Wait times for popular models such as the HiAce van and HiLux ute (pictured) are currently six months to two years due to increased demand for Toyota vehicles
Toyota customers will now have to sign a new document stating that price and furnishings may change before the vehicle arrives in Australia.
If they disagree with the new price, buyers are eligible for a refund at any point in the process, before the vehicle is officially registered in their name.
The latest price hike will affect thousands of Toyota customers who have been patiently waiting for vehicles for several months.
The increase does not affect Toyota Kruger SUVs produced before September 2022 or other models assembled before November 2022.
Customers expecting their vehicles after July 1 will be hit by the latest price increase.
Toyota said that while the increase “might be unwelcome… please understand that we have carefully considered all factors before making such a decision.”
It comes after the Japanese auto giant announced an official partnership with Walkinshaw Automotive Group to convert the Tundra ute for local conditions.
The move comes as the Australian auto industry adapts to a growing demand for the larger pickup truck that is so popular in the United States.
A fleet of 300 Tundras will be deployed across Australia in the fourth quarter of 2023, before the model officially hits the market, possibly next year.
“Demand for full-size pickups in Australia continues to grow and we believe we are coming to the market at the right time,” Toyota told Daily Mail Australia.
Toyota enters official partnership with Walkinshaw Automotive Group to convert American-style Tundra pickups to right-hand drive configuration for Australian roads
Toyota Tundras are much bigger, more powerful and much more expensive than Australia’s most popular ute, the Hilux.
Tundras are up to 6.2 m long, up to 80 cm longer than a Hilux and with a height of 2 m up to 30 cm taller.
While Toyota previously announced that the redesigned Tundras would be hybrids, the prototypes spotted in Australia have so far run on petrol only.
In 2022 Toyota sold 64,391 Hiluxes, Ford’s Ranger was the second most popular model, with 17,000 fewer cars sold.
But monthly car sales data shows the Ranger outselling Hilux by 2023.
Two-thirds of new car sales in Australia by 2022 were SUVs, 4WDs or light commercial vehicles, including utes.