Toyota Increases 2007 Models
12-16-2006, 08:12 AM
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Toyota Increases 2007 Models
December 15, 2006 – Torrance, CA - 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: autoblog.com
I don't understand why they would increase the price for the cars without adding any features or updating the car. It makes no sense at all, they will only be losing sales. Toyotas are already expensive enough and now they are making it out of reach for many potential customers. Is it greed for money? I hope the extra money can be used for more research in alternative fuels and improving quality.
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: autoblog.com
I don't understand why they would increase the price for the cars without adding any features or updating the car. It makes no sense at all, they will only be losing sales. Toyotas are already expensive enough and now they are making it out of reach for many potential customers. Is it greed for money? I hope the extra money can be used for more research in alternative fuels and improving quality.
12-16-2006, 08:30 AM
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It's called inflation, and it's part of a healthy market economy. Given the current annual inflation rate in the US is around 3%, these increases kind of mean Toyota lowered the prices. (to any finance people, I know how bad that sounded. But do you really expect me to explain purchasing power to this guy?)
12-16-2006, 09:55 AM
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For every bit the same reason the average income in America in 1950 was $3500 and today it is $35,000.
But I'm with Troopa-R on this one..... I'm not about to explain it to you.
