Toyota reduces prices of imported cars in Vietnam
Yaris is discounted by 44-47 million, Land Cruiser is discounted by 70 million, Prado is deeply discounted by 164 million while many Lexus cars are discounted by 50-210 million.
The Japanese car company announced new prices for its Toyota and Lexus models in early 2017. Most Toyota models remained unchanged in price, while most Lexus models saw significant price reductions.
| Car model | Old price | New price | Reduction level |
| Toyota Yaris G | 689 | 642 | 47 |
| Toyota Yaris E | 636 | 592 | 44 |
| Toyota Land Cruiser VX | 3,720 | 3,650 | 70 |
| Toyota Land Prado TXL | 2,331 | 2,167 | 164 |
| Lexus LS460L | 7,680 | 7,540 | 140 |
| Lexus GS350 | 4,470 | 4,390 | 80 |
| Lexus ES350 | 3,260 | 3,210 | 50 |
| Lexus LX570 | 8,020 | 7,810 | 210 |
| Lexus GX460 | 5,200 | 5,060 | 140 |
| Lexus RX350 AWD | 3,910 | 3,810 | 100 |
* Vehicles not appearing in the table will not have their prices changed.
The discounted models are all imported cars, while popular domestically produced models such as Innova, Vios, Camry have not changed prices. Another notable imported Toyota model, Fortuner, also keeps its price unchanged. The company said that the price applied to Fortuner is calculated according to the 2017 import tax, so there is no adjustment.
The Yaris is imported from Thailand, so the price reduction of 44-47 million is largely due to the reduction in import tax from 40% to 30%. Meanwhile, the Land Cruiser and Lexus models imported from Japan have annual tax reductions according to the roadmap when joining the WTO. Along with the impact of other factors, this company has reduced the price of cars.
 |
| Toyota Yaris reduced by 44-47 million VND. |
2016 witnessed a price reduction race among manufacturers, initiated by Truong Hai for Mazda and Kia. Also due to the impact of special consumption tax, car prices fluctuated strongly with the price of cars under 1.5 liters decreasing, cars over 2.5 liters increasing sharply. In particular, cars with engines of 6 liters or more increased in price more than double.
In early 2017, manufacturers have not yet made any changes to their selling prices, especially for cars imported from ASEAN. According to industry experts, if there is a decrease, the decrease will not be deep because the tax has been reduced by 10% (from 40% to 30%), but there are many other factors affecting it such as exchange rates, sales costs, etc.
According to VNE
.jpg "Mức phạt đối với hành vi quay đầu xe máy trên cầu theo Nghị định 168")
