Toyota Motor PH announces price increase for several models

Planning to buy a brand-new Toyota vehicle soon? Well here’s some not very good news as Toyota Motor Philippines has just posted on their official website the new suggested retail prices (SRP) of several models in their local lineup. 

According to TMP, these price increases which are effective May 1, 2024 are due to “continued severe materials cost,” and range from just Php 5,000 to as much as Php 159,000 depending on the model and variant. The affected models are the Alphard, Avanza, Coaster, Fortuner, GR 86, Hiace, Hilux, RAV4, Rush, and Yaris Cross.

We won’t keep you waiting, check-out the list below to see each model and variant’s new prices:

Alphard

• Alphard 2.5 HEV CVT – Php 5,085,000 (+ Php 105,000)

Avanza

• Avanza 1.3 J M/T – Php 838,000 (+ Php 5,000)
• Avanza 1.3 E M/T – Php 953,000 (+ Php 5,000)
• Avanza 1.3 E CVT – Php 1,010,000 (+ Php 6,000)
• Avanza 1.5 G CVT – Php 1,065,000 (+ Php 6,000)

Coaster

• Coaster – Php 4,108,000 (+ Php 90,000)

Fortuner

• Fortuner 2.4 G 4×2 M/T – Php 1,769,000 (+ Php 5,000)
• Fortuner 2.4 G 4×2 A/T – Php 1,861,000 (+ Php 5,000)
• Fortuner 2.4 V 4×2 A/T – Php 1,994,000 (+ Php 5,000)
• Fortuner 2.8 Q 4×2 A/T – Php 2,194,000 (+ Php 5,000)
• Fortuner 2.8 LTD 4×2 A/T – Php 2,390,000 (+ Php 5,000)
• Fortuner 2.8 LTD 4×4 A/T – Php 2,553,000 (+ Php 5,000)
• Fortuner 2.8 GR-S 4×4 A/T – Php 2,650,000 (+ Php 5,000)

GR 86

• GR 86 2.0 M/T – Php 2,615,000 (+ Php 121,000)
• GR 86 2.0 A/T – Php 2,755,000 (+ Php 159,000)

Hiace

• Hiace Cargo 3.0 M/T – Php 1,189,000 (+ Php 23,000)
• Hiace Commuter 3.0 M/T – Php 1,390,000 (+ Php 11,000)
• Hiace Ambulance 3.0 M/T – Php 1,510,000 (+ Php 11,000)
• Hiace Commuter Deluxe 2.8 M/T – Php 1,851,000 (+ Php 67,000)
• Hiace GL Grandia 2.8 M/T – Php 2,284,000 (+ Php 44,000)
• Hiace GL Grandia 2.8 A/T – Php 2,360,000 (+ Php 57,000)
• Hiace GL Grandia Tourer 2.8 A/T – Php 2,521,000 (+ Php 60,000)
• Hiace Super Grandia 2.8 A/T – Php 2,900,000 (+ Php 68,000)
• Hiace Super Grandia Elite 2.8 A/T – Php 3,291,000 (+ Php 75,000)

Hilux

• Hilux 2.4 Cab & Chassis M/T – Php 885,000 (+ Php 6,000)
• Hilux 2.4 Cargo M/T – Php 1,001,000 (+ Php 6,000)
• Hilux 2.4 FX M/T – Php 1,124,000 (+ Php 6,000)
• Hilux 2.4 J 4×2 M/T – Php 995,000 (+ Php 6,000)
• Hilux 2.4 J 4×4 M/T – Php 1,195,000 (+ Php 6,000)
• Hilux 2.4 E 4×2 M/T – Php 1,312,000 (+ Php 6,000)
• Hilux 2.4 E 4×2 A/T – Php 1,392,000 (+ Php 6,000)
• Hilux 2.4 G 4×2 M/T – Php 1,390,000 (+ Php 6,000)
• Hilux 2.4 G 4×4 A/T – Php 1,466,000 (+ Php 6,000)
• Hilux 2.4 Conquest 4×2 A/T – Php 1,675,000 (+ Php 6,000)
• Hilux 2.8 Conquest 4×4 M/T – Php 2,003,000 (+ Php 6,000)
• Hilux 2.8 Conquest 4×4 A/T –  Php 2,078,000 (+ Php 6,000)
• Hilux 2.8 GR-S 4×4 A/T – Php 2,172,000 (+ Php 6,000)

RAV4

• RAV4 2.5 XLE HEV CVT – Php 2,346,000 (+ Php 57,000)
• RAV4 2.5 LTD HEV CVT – Php 2,696,000 (+ Php 67,000)

Rush

• Rush 1.5 GR-S CVT – Php 1,202,000 (+ Php 6,000)

Yaris Cross

• Yaris Cross 1.5 G CVT – Php 1,204,000 (+ Php 5,000)
• Yaris Cross 1.5 V CVT – Php 1,302,000 (+ Php 6,000)
• Yaris Cross 1.5 S HEV CVT – Php 1,604,000 (+ Php 6,000)

Now that was a lot to take-in for sure with such a long list of affected models and variants. How will these price increases affect your car-buying decision?