December 15, 2006
Toyota announced today that they will adjust the price of seven 2007 models. Adjustment, does this mean increase in price, or decrease? Guess what, it’s an increase in the price. That’s right, they are increasing the MSRP of seven 2007 models by an average of 0.7%, or by $136. The seven models will include the Yaris sedan and hatchback, increased by $100; the Corolla, increased by $100; the FJ Cruiser, by $200; the Matrix, by $150; the new Camry regular sedan, by $200; the RAV4 SUV, by $100; and the Tacoma, by $100.
Although the increased prices may seem small, it will make a huge difference when it comes to the final price. Is this their way of saying Merry Christmas? Continue reading for the full press release.
Toyota Announces Price Adjustments on Seven 2007 Models
Toyota Motor Sales (TMS), U.S.A., Inc., announced new manufacturer’s suggested retail prices (MSRP) today for seven models in its Toyota vehicle lineup.
The price adjustment for the seven models reflects an average MSRP increase of $136, or 0.7 percent. Toyota models, and their average MSRP increase, include: the Yaris subcompact sedan and hatchback, $100 or 0.8 percent; the Corolla compact sedan, $100 or 0.6 percent; the FJ Cruiser sport utility vehicle (SUV), $200 or 0.9 percent; the Matrix crossover utility vehicle, $150 or 0.9 percent; the Camry mid-size sedan (excluding the hybrid version), $200 or 0.9 percent; the RAV4 compact SUV, $100 or 0.4 percent; and the Tacoma pickup truck, $100 or 0.5 percent.
For models sourced from Japan, updated pricing will be effective with vessels arriving on or after January 15, 2007. For models sourced from North America, new pricing will apply to vehicles built on or after January 15, 2007.
[Source: Toyota]