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Toyota reduces the price of its models sold in China, cutting the guiding price by up to 11000 RMB.

2024-09-17 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)04/01 Report--

Since April 1, the state has formally adjusted the VAT rate, in which the manufacturing VAT rate of 16% has been reduced to 13%. At present, a number of manufacturers have reduced the official guidance prices of some models, and a few days ago, two joint ventures of Toyota, Guangzhou Auto Toyota and FAW Toyota also officially announced price cuts.

The prices of some models under GAC Toyota have been reduced by up to 5000 yuan, while the prices of repair and maintenance parts have been adjusted. The price cut does not involve Camry models.

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Among them, Toyota C-HR suggested that the retail price be reduced by 3000 yuan to 5000 yuan; Lei Ling and Leiling Shuangqi by 2000 yuan to 3000 yuan and so on.

GAC Toyota also announced regular cuts in the price of maintenance parts, involving more than 20,000 parts, of which the price of commonly used maintenance parts fell by up to 20%.

FAW Toyota also cut the recommended retail price of some models on sale from now on, with a maximum reduction of 11000 yuan.

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Among them, the price of all Prado models was reduced by 8000-11000 yuan, and its price was changed to 443800 yuan; Rongfang reduced by 3000-5000 yuan; Yize reduced by 3000-5000 yuan; Crown reduced by 4000-7000 yuan; Carola models reduced by 2000 yuan; Carola dual-engine reduced by 2000-3, 000 yuan.

The manufacturer announced a price reduction, but the terminal sales price does not necessarily fall at the same time, and the terminal retail price is determined by each dealer. For some models that enjoy a large discount, the discount may be reduced after the implementation of the price reduction, while for those models that do not have a discount before, perhaps this price reduction can bring substantial concessions.

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