Nikkei: Used Toyota cars more expensive than new ones in Japan

In July 2022, Toyota used in Japan began to cost more than zero. About informs Nikkei edition.

Specifically, in June, the average price of a used 2022 Toyota Land Cruiser ZX was 17.05 million yen (7.6 million rubles at the current exchange rate). That’s double what you should pay for a new car. The hybrid version of the 2021 Toyota Alphard minivan will cost an average of 8.25 million yen (3.58 million rubles), while the new car will cost 7.75 million yen (3.13 million rubles). Also, used Toyota Harrier and Corolla Cross models are more expensive than new ones.

According to the publication, the increase in the price of used Toyota cars is associated with a shortage of new cars. A customer is willing to pay more to drive a little used car today than to wait a few years for a new car to arrive. Now the volume of Toyota’s unfulfilled orders in Japan is about 1 million vehicles.

If a customer orders a new Toyota Land Cruiser from the dealer now, they will receive it within four years. Other brand crossovers will have to wait about a year.

Previously reportedThe average cost of a used car in Russia in the second quarter of 2022 (from April to June) decreased by 4.5% compared to the first quarter of the same year.



Source: Gazeta

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