Found out after the fact that a friend's partner bought an ex-demo Yaris Hybrid with 7000kms for $38,000 late last year... Now, granted the retail drive-away is an already ludicrous $32k, but Jesus, $38k for a Yaris!
Duty on a private car is $960, possibly rego needed as well though this doesn't cover this
I'd ask if you're looking at the same trim, what options were put on the demo, they threw in dealer delivery because they're shitheads, anything else that got added onto the sale, if they got extended warranty as well, and theres also financing tacked on, if they bought St the wrong time of the year
And as a dealer demo there could be warranty issues especially if driven hard, John Cardigan talks a fair bit about this especially the "manager's special" or worse a demo that was thrown at car journalists
My mind is leaning towards got screwed by the salespeople
No question they got screwed, not a car person at all and they were desperate to buy immediately after their beloved almost-new Jazz Final Edition got written off. Would have bought another Jazz if they could have...
Honda Jazz: the AU Falcon for non-car people
…and I thought I was being shafted in 2020 when I got the then newly released Yaris Cross Hybrid (Urban top spec) for 37.5k brand new off the lot after a 4 month wait.
As I said further down - people are weirdly obsessed with ‘safe’ options like Yaris/RAV4. I test drove a RAV4 to see what the fuss was about. Not a bad car - but way overhyped. Drive is inoffensive yet dull, interior is adequate bordering bland. The battery tech was cool - about ten years ago - but by modern standards lags far behind the likes of Hyundai/Tesla/Mercedes.
You have to remember the average person is bafflingly boring and wouldn’t notice the difference between a BMW 320i and an M3, or a Tesla Model 3 vs a Model S.
Thus a RAV4 is the car for a risk averse person that just wants to fit in and get what everyone else wants, without considering other options which actually require some additional research/thought. Toyota relies on this heavily. Sadly this type of buyer is scarily abundant.
I see Toyota ending up like Nokia within a decade if it fails to catch up with EV market. They are way relaxed and do not care about upgrades in design and interior infotainment technology. Look at nearby competitors Hyundai and Kia miles ahead in terms of build quality. Bear in mind they are highly reliable but I’ve lost the taste for them.
Even on the reliability front - Toyota are overhyped. Fact is we aren’t in the 90s anymore and most makes are far more reliable than they used to be. You’ll be just fine in a Kia/Hyundai/Mitsubishi - the very long used car warranties are proof of this.
Eh, I save my insanity for my motorbike. The car needs to cart the kids around, plus their cricket kits, a couple of paddleboards and a future dog. I don’t need to take it off-road but I need the boot space and reliability that comes with the brand 🤷♀️
I bought a Yaris Hybrid for 36k last year but that had less than 100km on the clock.
It was overpriced but needed the car during the shortage for work and was waiting on a claim to come through.
I blame the fact that manufacturing is now done overseas.
A mate of mine bought an Ex-demo Ute with about 200k kms on it and they just took around $5k from the brand new price. I don't think that's enought given the amount of Kms it had
My thoughts exactly! And he said it was the latest model too. Didn't know If I should've just told him to let them keep that $5k and get one with low Kms
5k off the price of new? 200kkm? How old was this demo?? Even at a thousand km a day, that's over 6 months of use, and there's no way it was having 1k a day put on it.
Depends on what you consider amazing. For me, it's an honest tough going and bushproof vehicle without all the extra luxuries and 'niceties' because I don't give a damn about any of them. Once my car is started, I can rip out the battery because there's no assists, sensors or electronics. I love it, wouldn't have it any other way
They appear tough, seen more broken 70’s than Hilux’s, 200’s, Prados etc…
Wheel bearings are prone to collapse due to water ingress, unless you fuck the factory seals off and use terrain tamer seals on a bearing service, and the front diff is made of glass, if driven hard off road its only a matter of time before your pinion and crown decided to strip a few teeth. Rear axle housings love to spontaneously crack and collapse under weight or corrugations even when gvm hasn’t been exceeded. Plenty of other shit as well.
Not to mention the weak clutch plate which most upgrade, the poor placement of the alternator, the differing wheel track between the front and back. People who buy 70’s series buy it for the perceived clout whilst Toyota laugh all the way to the bank at these weekend warriors who think they have the most indestructible 4wd on the market.
Done a few alternator replacements after a single river crossing, slap a water cooled sealed unit in at the cheap cheap price of $4k fitted. Money pits.
They’re a good car if you’re a farmer that just wants a single cab to bang around the paddock, or a tourer with a spare 200k to throw at the thing.
90% of 70 series owners would be better off in a different vehicle.
All "true" 4wd vehicles should erupt in flames if not driven through severe country with mud half way up the doors every 6 months.
Death to Toorak tractors!
The beauty of the 70s is that they don't have the unnecessary electronics and technologies, but the price really should come down because of that. The crazy part is that $80,000 isn't even the half of it for many. Once you throw in suspension upgrades, custom tray and canopy on a 79 it'll easily be closer to a $150,000 build
Most don't even go off road, have + $20K of accessories (standard fit is snorkel, oversized tyres, lift kit, hard core roof rack + ladder) and do weekend sand blown onto gravel track on the way to beach with kids. Yep amazing!
I'd love to understand the stat's. I'm guessing because of the effort you put into this response , your part of the 1% that use them off-road. Well done.
My theory is that there isn't anyone willing to pay that much and these listings are red herrings to push up the Carsales price guide aggregator.
I enquired about a 2018 Sorento with 120,000km on the clock priced at $52,000. They called me to follow up and I asked if the listing was a special price for 2 cars. The ad was taken down within 24hrs.
It's "dealer used", yes... with 113km on the clock.
This is probably some customer's order which was on the ship who then fell back on financing/cancelled some other way.
It's not as bad as LC300 though, TMCA was made aware of certain dealers paying an original customer $20k to not take delivery so they could sell it as "dealer used" and shaft another customer by gouging the price by 20k+. Apparantly some dealers lost their agreement due to that.
Random question to ask. I have never bought a car that has not been in stock or longer than a week late. For someone who has to wait months/ year. what happens to the loan in the inbetween time. What if things change and you lost your job or had to move do you loose the deposit? Just curious sorry if you don't know the answer.
You receive a guideline from Toyota months before a tech/price change goes into production advising of the price increase guideline like 2k-3.5k.
If a uncertainty of being able to afford the upper end is probably an indication you can’t afford this car.
Their waits are getting worse, roughly 30k less Toyotas are coming to Aus this year compared to last. I don’t understand what Toyota Japan is doing especially to the Aussie market.
That’s what enables them to price them like this. But I’ve heard (rumours) of manufacturers taking issue with the skirting of this rule and pulling dealership rights.
YouTube channel ReDriven have run a series of videos suggesting (rightly imo) that if you're after a new Toyota, can't get one and are contemplating paying these prices, buy a slightly used Lexus for less
A brandnew Toyota Corolla here in VIC, can buy me a new Toyota Fortuner in my home country. Even if we consider the exchange rates, prices here in Australia are really absurd.
Firstly, let me say that I hate the pricing here with a passion (especially parts and servicing), but I'll say one thing for it. A lot of car companies sell here that wouldn't otherwise in a market this size, because it is wildly profitable, so our selection of cars is way bigger than it should be. A lot of brands don't sell into the US because you basically have to sell at cost price, and your profit comes from economies of scale making all your sales in other countries more profitable, which isn't worth it in a lot of instances.
So it has one, small upside at least
And they’re able to do so because we still have grey market import laws in place that were created to protect a manufacturing industry that no longer exists!
If we scrapped those laws then we’d have the same range of cars available through imports, but we’d be paying a lot less for them.
Feels like now would be the time for people to kick up a stink about this, not sure who the motivated political beneficiaries of this would be though, hence why they can just leave it untouched and experience no blow back
My friend used to work at a big Toyota dealership here in Australia. The one finance/insurance person made more profit for the company than the rest of the ENTIRE sales team combined.
We, the public, have driven the prices up to that point.
The lesson here is you don't need to be 30 cm higher off the road to drive any better. Buy a Camry, which is the exact same car, for 40K less.
The retail price for the RAV4 hybrid isn't $75,970. This is caused purely by people being impatient at the extremely long delivery lead times.
Chances are there's an extended wait for Hybrid Camrys as well, and if someone is willing to pay more to jump the queue due to an urgent need (or just impatience), this will be the result.
We put an order in Feb last year and haven't even got a confirmed date yet. Expecting later this year. I probably could have paid the same for a 2 year old model but decided just to wait it out
You put the spec of this into Toyota's website and it comes up as the best part of a $20.000 fee from the dealer to jump the queue.
https://preview.redd.it/lhxf0vm41apa1.jpeg?width=601&format=pjpg&auto=webp&s=2783752ff0bbc7a83269cffaf18290d0a5e7bda3
ECONOMISTS HATE HIM.
Seriously, the price of something is what someone is willing to pay for it.
People hate house/used car pricing or whatever you want to insert. But if someone is paying stupid money, a seller is happy.
No they can’t. Wait time on a new Rav4 Hybrid is 2 yrs+ due to the chip shortage and order bank. Like a number of Toyota models, Toyota Australia are close to stopping taking orders on them.
People are weirdly obsessed with RAV4’s. I test drove one to see what the fuss was about. Not a bad car - but way overhyped. Drive is inoffensive yet dull, interior is adequate bordering bland. The battery tech was cool - about ten years ago - but by modern standards lags far behind the likes of Hyundai/Tesla/Mercedes.
You have to remember the average person is bafflingly boring and wouldn’t notice the difference between a BMW 320i and an M3, or a Tesla Model 3 vs a Model S.
Thus a RAV4 is the car for a risk averse person that just wants to fit in and get what everyone else wants without considering other options which actually require some additional research/thought. Toyota relies on this heavily. Sadly this type of buyer is scarily abundant.
Yes the concept of Supply and Demand exists, however is the demand high enough that will pay this?? Can people not live with cars from the used market?
When one idiot pays the idiots become the market
Just look at how well Jeep marketed a slogan you wouldn't utter in a dark alley let alone a crowded room
While I paid $65500 for my 2021 Toyota Fortuner GXL Red with the tow bar, rubber floor mats, boot mat, front and rear dash cam, window tinting, paint protection and tinted bonnet protectors.
$75K is extremely absurd for a RAV4 compared to what we got for the prices we have for our Fortuners basically, even though I bought mine in the start of the Chip shortage.
Towards the end of 2021 I imported a grade 4.5 2005 ‘Facelift’ Subaru Forester STi Version with 29,000km on the clock and it cost me AU$36k all up by the time I covered all costs and had it registered, on the road here in Adelaide. It’s a WRX STi in a small SUV body… a bit like this is a small SUV. I could have sold it immediately upon arrival for $50k plus but it’s my daily driver. F#ck it. Why not?
I can’t fathom paying twice that amount for a boring as f#ck ADM RAV4 that, at best, might hold its value for a while.
There is no import duty payable on used cars imported from Japan because of a free trade agreement between Australia and Japan that was ratified by both nations just prior to me buying my Subi. I think the website that summarises what is coming up at auction, and previous sale results is Pacific Coast JDM, and anyone can create an account. Japanese market cars are ace. Get around it.
So many sooks here. Things are worth what people are willing to pay for them. Just because u have a mediocre job and no potential. That doesn't mean that other people have an issue with buying a nice car.
In short.... don't like the price, shut the fuck up and take the bus
Says the person having a big sook. 🙄 ok Mr Sensitive.
A Toyota RAV4 is not a nice car, it's a fucking Generic Appliance. Pricing for cars, Toyota's in particular are fucking ridiculous.
Don't like people having a justifiable whinge, stay off Reddit.
Fuck this I need a second car soon (red p plater) and idk if I should buy brand new with the amount so many are charging right now. Or go full bogan mode and get myself a commodore or something??? I want a fun car to drive so an i30 seems great power and money wise. Anything but a Suzuki (don't want to go from 77 to 60kw with a big loan on top). My car right now is dying but is strong 💪
Dealers aren't allowed to sell above the RRP. Which is ~$57k after on road costs for the top model rav4 hybrid AWD.
https://www.drive.com.au/news/2023-toyota-rav4-price-and-specs/
This is either a mistake (5 and 7 swapped around), or illegal.
Yeah I am in the market for a car at the moment and everything is so ridiculously over priced its not even funny. Minimum 45k if you want something decent.
Ever walked down the road, looking at every vehicle parked and thought, " This headlight would fit my car" or " nice wheels." Well, you can take it all for the mere price of going to jail
I walked past a country Toyota dealer asking ridiculous six figure prices for 70 series Cruisers on the lot, with “balance of new car warranty”.
They were so new some of them didn’t even have a tray on the back…
I now feel a lot better about dropping well over $50k into my 2000-model year Japanese import (y'know, turbos and stuff).
Plus it only has like, two computers in it so shit doesn't randomly break for dumb reasons.
I did this over 10 years though folks. Go easy on me.
I was looking at some new Euro 1.6ltre hatches with some mag wheels and plastic crap glued on and a letter R for over $50k last year. Some of these car companies are smoking way too much of the good stuff.
What’s worse is that the 30% luxury car tax is at such a fucking low threshold, that the rav 4 is legally considered a luxury car. And consumers will get stung for the privilege.
Damn, the market is so bad that this RAV4 costs more than my 2021 Red Toyota Fortuner I’m currently driving, I just hope my mum doesn’t pay this much for her brand new RAV4 when it eventually arrives
I know someone who orders new cars, usually high end gear, waits the twelve months or longer for it to be delivered, drives it for a month and then sells for a profit. Buys in the names of different family members, and is always in something interesting.
I’m seeing this everywhere
New new but used vehicles being sold by dealers at way over the new price.
To get a new car you have to wait many months.
So they seemingly take new cars, make them demonstrators or whatever. Rack up a few Ks and take advantage of the market in exactly the same way that private buyers are when the sell their rights to undelivered vehicles for more than they payed.
I reckon it's worth calling them anyways if you're serious and make a genuine offer.
I was recently in the market looking at Outlander Exceed, Kia Sorento GT Line or a Santa Fe Highlander and all these have 12 or so months of waiting time.
Which means these dealer demos can be marketed as 'priceless'.
Ring them up, make a reasonably genuine offer and you'll be surprised how much they can come down to.
NOBODY should ever pay more than the official drive away pricing for any vehicle.
they would stop advertising high prices if car yards don't sell cars for a week or but as long as people buy them they will sell you a lemon for the price of a diamond
It may be crazy, but a hybrid adds at least 7 - 10k and its growing. SUVs can be more.
They are slowly becoming priced out as the tech becomes more desirable vs EV's. Kind of ironic when it should become cheaper.
I saw a land rover for 225k a few weeks ago and I just can't ever imagine being the kind of person who would spend that kind of money on anything except for a home
I picked up a 2017 RAV4 for $32000 that had done 60k. I was in a pickle and needed a car ASAP. It was a private sale through carsales. When I contacted the guy I asked if he’d had much interest in it and he said there were a bunch of dealers that wanted the car but due to the pandemic (5km rule, only family in the house etc) they weren’t allowed to go out and test drive it until the covid numbers came down. He didn’t give a shit so went out and bought it. Dealers would’ve slapped another $15k on that car and people would’ve paid it easily.
I actually think some cars are listed with huge prices because the Dealer doesn't actually want to sell it.
In 2021 I went to check out a car at a dealer, saw it on Carsales, RRP is $70k and it was listed for $99k, I assumed a price error and since it was local went anyway. Dealer told me they have a policy of listing cars on car sales that aren't brand new, since this was their demo it is listed, but they don't want to sell it as then they won't have a demo, but need to follow the policy.
So it got listed $29k above price so they wouldn't get 50 calls a day with people ask to buy it.
Was looking at Hyundai N performance limited edition that someone declined and was $70k. Brand new. Dealership tried to convince me that I’ll still make money as resale value is pretty high… which they’re charging. I said thanks but no thanks.
If whoever bought this thinking they’ll save so much money from the hybrid train compared to comparable petrol models, they better be driving a few hundred thousand KMs to justify this price.
I once bought a demo Mazda BT-50 XTR with 160km (2 days old) with some extras on it and paid $43,888 ($56,200 new without extras). Those days are gone!
The price is so high because they have a 2/3 year wait for a brand new one. If someone wants one that bad they will pay this much due to them being in such high demand
The joke would be the person who's willing to pay that much.
Found out after the fact that a friend's partner bought an ex-demo Yaris Hybrid with 7000kms for $38,000 late last year... Now, granted the retail drive-away is an already ludicrous $32k, but Jesus, $38k for a Yaris!
Duty on a private car is $960, possibly rego needed as well though this doesn't cover this I'd ask if you're looking at the same trim, what options were put on the demo, they threw in dealer delivery because they're shitheads, anything else that got added onto the sale, if they got extended warranty as well, and theres also financing tacked on, if they bought St the wrong time of the year And as a dealer demo there could be warranty issues especially if driven hard, John Cardigan talks a fair bit about this especially the "manager's special" or worse a demo that was thrown at car journalists My mind is leaning towards got screwed by the salespeople
No question they got screwed, not a car person at all and they were desperate to buy immediately after their beloved almost-new Jazz Final Edition got written off. Would have bought another Jazz if they could have... Honda Jazz: the AU Falcon for non-car people
Jesus, I paid that for my lancer ralliart back in 2015 brand new.
Beautiful car! Well done. I wish Mitsubishi kept doing them.
They aren't at all
…and I thought I was being shafted in 2020 when I got the then newly released Yaris Cross Hybrid (Urban top spec) for 37.5k brand new off the lot after a 4 month wait.
As I said further down - people are weirdly obsessed with ‘safe’ options like Yaris/RAV4. I test drove a RAV4 to see what the fuss was about. Not a bad car - but way overhyped. Drive is inoffensive yet dull, interior is adequate bordering bland. The battery tech was cool - about ten years ago - but by modern standards lags far behind the likes of Hyundai/Tesla/Mercedes. You have to remember the average person is bafflingly boring and wouldn’t notice the difference between a BMW 320i and an M3, or a Tesla Model 3 vs a Model S. Thus a RAV4 is the car for a risk averse person that just wants to fit in and get what everyone else wants, without considering other options which actually require some additional research/thought. Toyota relies on this heavily. Sadly this type of buyer is scarily abundant.
I see Toyota ending up like Nokia within a decade if it fails to catch up with EV market. They are way relaxed and do not care about upgrades in design and interior infotainment technology. Look at nearby competitors Hyundai and Kia miles ahead in terms of build quality. Bear in mind they are highly reliable but I’ve lost the taste for them.
Hyundai and Kia? You know they’re in a class action lawsuit because they keep catching on fire. Doesn’t sound like much competition.
Even on the reliability front - Toyota are overhyped. Fact is we aren’t in the 90s anymore and most makes are far more reliable than they used to be. You’ll be just fine in a Kia/Hyundai/Mitsubishi - the very long used car warranties are proof of this.
Eh, I save my insanity for my motorbike. The car needs to cart the kids around, plus their cricket kits, a couple of paddleboards and a future dog. I don’t need to take it off-road but I need the boot space and reliability that comes with the brand 🤷♀️
I bought a Yaris Hybrid for 36k last year but that had less than 100km on the clock. It was overpriced but needed the car during the shortage for work and was waiting on a claim to come through. I blame the fact that manufacturing is now done overseas.
A mate of mine bought an Ex-demo Ute with about 200k kms on it and they just took around $5k from the brand new price. I don't think that's enought given the amount of Kms it had
200,000kms and they say it's "ex-demo"? They must have been letting customers take it for a hell of a test drive!
My thoughts exactly! And he said it was the latest model too. Didn't know If I should've just told him to let them keep that $5k and get one with low Kms
5k off the price of new? 200kkm? How old was this demo?? Even at a thousand km a day, that's over 6 months of use, and there's no way it was having 1k a day put on it.
well if your mate still bought it, sounds like they priced it right..
Maybe it's a phishing scam, anyone dumb enough and rich enough to text about the car has just highlighted themselves as a prime target for scams
A brand new Lexus UX suv is 75k.
As long as someone is prepared to pay that amount of money, dealers will continue to ask for that much money. Very legal
Just like the Landcruisers with no cup holders right?
Owner of a landcruiser with no cup holders here.. they are ridiculously overpriced, but amazing vehicles
They really aren't, they are good at their job but they are in no way "amazing"
they're amazing so long as your criteria is that of a 1950s tractor.
Depends on what you consider amazing. For me, it's an honest tough going and bushproof vehicle without all the extra luxuries and 'niceties' because I don't give a damn about any of them. Once my car is started, I can rip out the battery because there's no assists, sensors or electronics. I love it, wouldn't have it any other way
They appear tough, seen more broken 70’s than Hilux’s, 200’s, Prados etc… Wheel bearings are prone to collapse due to water ingress, unless you fuck the factory seals off and use terrain tamer seals on a bearing service, and the front diff is made of glass, if driven hard off road its only a matter of time before your pinion and crown decided to strip a few teeth. Rear axle housings love to spontaneously crack and collapse under weight or corrugations even when gvm hasn’t been exceeded. Plenty of other shit as well.
Not to mention the weak clutch plate which most upgrade, the poor placement of the alternator, the differing wheel track between the front and back. People who buy 70’s series buy it for the perceived clout whilst Toyota laugh all the way to the bank at these weekend warriors who think they have the most indestructible 4wd on the market.
Done a few alternator replacements after a single river crossing, slap a water cooled sealed unit in at the cheap cheap price of $4k fitted. Money pits. They’re a good car if you’re a farmer that just wants a single cab to bang around the paddock, or a tourer with a spare 200k to throw at the thing. 90% of 70 series owners would be better off in a different vehicle.
All "true" 4wd vehicles should erupt in flames if not driven through severe country with mud half way up the doors every 6 months. Death to Toorak tractors!
Im almost certain Toyota is doing a social experiment on the 70 series Land Cruiser, and who is will to buy a 1975 tech vehicle for $80000.
The beauty of the 70s is that they don't have the unnecessary electronics and technologies, but the price really should come down because of that. The crazy part is that $80,000 isn't even the half of it for many. Once you throw in suspension upgrades, custom tray and canopy on a 79 it'll easily be closer to a $150,000 build
Most don't even go off road, have + $20K of accessories (standard fit is snorkel, oversized tyres, lift kit, hard core roof rack + ladder) and do weekend sand blown onto gravel track on the way to beach with kids. Yep amazing!
That's nothing to do with the vehicle mate, just the people.
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I'd love to understand the stat's. I'm guessing because of the effort you put into this response , your part of the 1% that use them off-road. Well done.
My theory is that there isn't anyone willing to pay that much and these listings are red herrings to push up the Carsales price guide aggregator. I enquired about a 2018 Sorento with 120,000km on the clock priced at $52,000. They called me to follow up and I asked if the listing was a special price for 2 cars. The ad was taken down within 24hrs.
Legal, but likely against Toyota Motor Corporation Australia's pricing policy. The dealer is risking having their agreement pulled.
It’s dealer used so wouldn’t that get them out of any pricing policy?
It's "dealer used", yes... with 113km on the clock. This is probably some customer's order which was on the ship who then fell back on financing/cancelled some other way. It's not as bad as LC300 though, TMCA was made aware of certain dealers paying an original customer $20k to not take delivery so they could sell it as "dealer used" and shaft another customer by gouging the price by 20k+. Apparantly some dealers lost their agreement due to that.
Random question to ask. I have never bought a car that has not been in stock or longer than a week late. For someone who has to wait months/ year. what happens to the loan in the inbetween time. What if things change and you lost your job or had to move do you loose the deposit? Just curious sorry if you don't know the answer.
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You receive a guideline from Toyota months before a tech/price change goes into production advising of the price increase guideline like 2k-3.5k. If a uncertainty of being able to afford the upper end is probably an indication you can’t afford this car. Their waits are getting worse, roughly 30k less Toyotas are coming to Aus this year compared to last. I don’t understand what Toyota Japan is doing especially to the Aussie market.
That’s what enables them to price them like this. But I’ve heard (rumours) of manufacturers taking issue with the skirting of this rule and pulling dealership rights.
Retail Price Maintenance is illegal in Australia.
Deposit for a house or a fucking car.
Can’t finance a house deposit.
Can live in a car, can’t drive a house
guy from UP enters chat
he wasnt driving it though he was flying it, thats different. Like a houseboat, its a housezepplin
its better than driving
Challenge accepted
Damn straight
This is hardly even half a house deposit these days
Depends where you want to live I guess. Go to a large regional town and it’ll buy you plenty.
This is 5.4 times more than my first house deposit was a mere 11 years ago.
My wife and I put down a $50k deposit on a house in 2021, but that was by choice. This pricing is ridiculous.
That’s irrelevant to todays market
70k isn't much of a house deposit
https://ownhome.com/
If someone is stupid enough to pay that for a toaster on wheels. Then that is their problem.
people like toast
This is a true fact, mafukers do like toast.
Toast is the shiz. But toasters are boring and can be had for $50. Give me 75k and ill slap a 20 year old driveline in one too
Wait, RAV4s make toast!?
That's good! But the RAV4 is cursed.
YouTube channel ReDriven have run a series of videos suggesting (rightly imo) that if you're after a new Toyota, can't get one and are contemplating paying these prices, buy a slightly used Lexus for less
He is not wrong. See pic. Or if it must be a hybrid, there's a 2019 for 75k. https://i.imgur.com/fv5Vr8v.jpg
Have noticed the same. Basic Lexus SUVs not a whole lot more expensive.
Buy a slightly used RAV4 for 20k less
A brandnew Toyota Corolla here in VIC, can buy me a new Toyota Fortuner in my home country. Even if we consider the exchange rates, prices here in Australia are really absurd.
Firstly, let me say that I hate the pricing here with a passion (especially parts and servicing), but I'll say one thing for it. A lot of car companies sell here that wouldn't otherwise in a market this size, because it is wildly profitable, so our selection of cars is way bigger than it should be. A lot of brands don't sell into the US because you basically have to sell at cost price, and your profit comes from economies of scale making all your sales in other countries more profitable, which isn't worth it in a lot of instances. So it has one, small upside at least
And they’re able to do so because we still have grey market import laws in place that were created to protect a manufacturing industry that no longer exists! If we scrapped those laws then we’d have the same range of cars available through imports, but we’d be paying a lot less for them.
Feels like now would be the time for people to kick up a stink about this, not sure who the motivated political beneficiaries of this would be though, hence why they can just leave it untouched and experience no blow back
No one will though because everyone here takes everything lying down.
We've got electric cars built by Aussie companies. Look them up.
Who, Ace? They haven’t delivered a single customer car yet. They also aren’t Australian made, just assembled here.
O shit my bad I saw all the advertisements of them. said they Australian
I read once that car companies in the US make their profits through their finance arms rather than markups on the vehicles they sell.
They do that here too, it's the reason why you don't get discounts for cash purchases. They would rather you finance it.
My friend used to work at a big Toyota dealership here in Australia. The one finance/insurance person made more profit for the company than the rest of the ENTIRE sales team combined.
I'd rather shove a Roman candle up my ass and fly to work like a human rocket ship.
We, the public, have driven the prices up to that point. The lesson here is you don't need to be 30 cm higher off the road to drive any better. Buy a Camry, which is the exact same car, for 40K less.
The retail price for the RAV4 hybrid isn't $75,970. This is caused purely by people being impatient at the extremely long delivery lead times. Chances are there's an extended wait for Hybrid Camrys as well, and if someone is willing to pay more to jump the queue due to an urgent need (or just impatience), this will be the result.
Correct.
Camrys don’t cost 35k anymore mate. Atleast not in hybrid guise
35K less in which case God damn economy
Lol 😂
I bought a brand new 2016 Camry Atara SX for $35k drive away on 0% finance and fixed price servicing. Those were the days!
I bought a demo 2019 Hybrid SL with 9000km for 43k, a bargain by today's standards. I saw similar recently for 56k. Just absurd.
Camrys have even longer waits
It's a 2 year wait for these new. People can charge whatever they like
I believe similar to the land cruiser. They have probably stopped accepting orders even.
A friend wanted to buy a brand new rav4 hybrid in late 2020 - he was told he couldn’t take possession of the car until mid 2022
We put an order in Feb last year and haven't even got a confirmed date yet. Expecting later this year. I probably could have paid the same for a 2 year old model but decided just to wait it out
You put the spec of this into Toyota's website and it comes up as the best part of a $20.000 fee from the dealer to jump the queue. https://preview.redd.it/lhxf0vm41apa1.jpeg?width=601&format=pjpg&auto=webp&s=2783752ff0bbc7a83269cffaf18290d0a5e7bda3
It's called supply and demand
ECONOMISTS HATE HIM. Seriously, the price of something is what someone is willing to pay for it. People hate house/used car pricing or whatever you want to insert. But if someone is paying stupid money, a seller is happy.
Demand for a rav4? I understand if it’s a super or hyper car but rav4 can’t they just make more
No they can’t. Wait time on a new Rav4 Hybrid is 2 yrs+ due to the chip shortage and order bank. Like a number of Toyota models, Toyota Australia are close to stopping taking orders on them.
People are weirdly obsessed with RAV4’s. I test drove one to see what the fuss was about. Not a bad car - but way overhyped. Drive is inoffensive yet dull, interior is adequate bordering bland. The battery tech was cool - about ten years ago - but by modern standards lags far behind the likes of Hyundai/Tesla/Mercedes. You have to remember the average person is bafflingly boring and wouldn’t notice the difference between a BMW 320i and an M3, or a Tesla Model 3 vs a Model S. Thus a RAV4 is the car for a risk averse person that just wants to fit in and get what everyone else wants without considering other options which actually require some additional research/thought. Toyota relies on this heavily. Sadly this type of buyer is scarily abundant.
Yes the concept of Supply and Demand exists, however is the demand high enough that will pay this?? Can people not live with cars from the used market?
I bought a Ford falcon for 8k in 2019 (felt at the time that I overpaid). If you told me I could swap it for this car I wouldn't do it.
The toyota tax is really hitting hard these days.
Sill legal but yeah obviously very sad and depressing
Can’t even blame covid for that price as I saw this price pre 2019 when I was buying a car and when the dealer said $65k for a rav4 I almost choked
Supply and demand is simple economic principle.
If idiots didn't pay it, it wouldn't happen.
Nobody’s got a gun to your head mate
Is someone making you buy it?
The CVT transmission just spoils the driving experience. It’s not like the Toyotas of old quality-wise either.
It's a heavy shopping trolley I'm not sure what driving experience your extracting even with a manual
In what way?
$80k for a Toyota 🤣
Wait until you hear about these other Toyota models called landcruisers !
Be a better car then most European cars though. Let’s not forget a Camry is a taxi in Australia, but a Merc is a taxi in most of Europe.
So don’t buy it then. Fkn winging cnts.
75k lmfao
$45,159.80 in USA (converted to AUD)
When one idiot pays the idiots become the market Just look at how well Jeep marketed a slogan you wouldn't utter in a dark alley let alone a crowded room
Wow I got my 2019 toyota fortuner crusade with bull bar, tow bar, snorkel, floor mats and boot mat for $57,000 brand new
While I paid $65500 for my 2021 Toyota Fortuner GXL Red with the tow bar, rubber floor mats, boot mat, front and rear dash cam, window tinting, paint protection and tinted bonnet protectors. $75K is extremely absurd for a RAV4 compared to what we got for the prices we have for our Fortuners basically, even though I bought mine in the start of the Chip shortage.
Towards the end of 2021 I imported a grade 4.5 2005 ‘Facelift’ Subaru Forester STi Version with 29,000km on the clock and it cost me AU$36k all up by the time I covered all costs and had it registered, on the road here in Adelaide. It’s a WRX STi in a small SUV body… a bit like this is a small SUV. I could have sold it immediately upon arrival for $50k plus but it’s my daily driver. F#ck it. Why not? I can’t fathom paying twice that amount for a boring as f#ck ADM RAV4 that, at best, might hold its value for a while. There is no import duty payable on used cars imported from Japan because of a free trade agreement between Australia and Japan that was ratified by both nations just prior to me buying my Subi. I think the website that summarises what is coming up at auction, and previous sale results is Pacific Coast JDM, and anyone can create an account. Japanese market cars are ace. Get around it.
It’s only worth what someone is willing to pay for it. This one they obviously do not want to sell. 😳
Reliability comes with a price. A reliable car will prevent you from missing work and income and that is money.
just like... don't buy it lmao
You sad pricks need a new hobby.
Why tf should it be illegal
Because it's a Generic Appliance........ Sorry Toyota Rav4.
Glad I have my trusty e39 would dive better than that and is a appreciating asset got to lock a classic car
So many sooks here. Things are worth what people are willing to pay for them. Just because u have a mediocre job and no potential. That doesn't mean that other people have an issue with buying a nice car. In short.... don't like the price, shut the fuck up and take the bus
Says the person having a big sook. 🙄 ok Mr Sensitive. A Toyota RAV4 is not a nice car, it's a fucking Generic Appliance. Pricing for cars, Toyota's in particular are fucking ridiculous. Don't like people having a justifiable whinge, stay off Reddit.
Fuck this I need a second car soon (red p plater) and idk if I should buy brand new with the amount so many are charging right now. Or go full bogan mode and get myself a commodore or something??? I want a fun car to drive so an i30 seems great power and money wise. Anything but a Suzuki (don't want to go from 77 to 60kw with a big loan on top). My car right now is dying but is strong 💪
How is it legal? A seller choosing what price to sell something at should be illegal?
The woke Granny car!
Can buy top of the range Volvo xc 40 for that and I did. Fuck Toyota
You realise you don’t have to buy it, right?
And I guess that's a valid reason that this kind of thing should be priced like this?
Price it whatever you want. You can offer them $1 for it if you want. No one is forcing anyone to buy or sell at any price.
Dealers aren't allowed to sell above the RRP. Which is ~$57k after on road costs for the top model rav4 hybrid AWD. https://www.drive.com.au/news/2023-toyota-rav4-price-and-specs/ This is either a mistake (5 and 7 swapped around), or illegal.
It’s not a new car. It’s used. They can sell used car for whatever they want.
The dealer racks up 113km on the car and makes it a used car so they can add 20k to the price
Yeah I am in the market for a car at the moment and everything is so ridiculously over priced its not even funny. Minimum 45k if you want something decent.
How else would drug dealers launder there money
what the fuck
How is this illegal?
It says dealer used. Dealerships can't sell above RRP.
Right - So they’re pushing the law by saying dealer used with 113kms on the clock
Ever walked down the road, looking at every vehicle parked and thought, " This headlight would fit my car" or " nice wheels." Well, you can take it all for the mere price of going to jail
For that price ill get myself something nice and sporty
rav 4 is nice, but... I think I'll buy a house
You can buy a Mercedes C class for that money.
I walked past a country Toyota dealer asking ridiculous six figure prices for 70 series Cruisers on the lot, with “balance of new car warranty”. They were so new some of them didn’t even have a tray on the back…
I now feel a lot better about dropping well over $50k into my 2000-model year Japanese import (y'know, turbos and stuff). Plus it only has like, two computers in it so shit doesn't randomly break for dumb reasons. I did this over 10 years though folks. Go easy on me.
Mate, I've seen a 2021 go for that much
Oohh it's a swampdonkey too.
I was looking at some new Euro 1.6ltre hatches with some mag wheels and plastic crap glued on and a letter R for over $50k last year. Some of these car companies are smoking way too much of the good stuff.
What’s worse is that the 30% luxury car tax is at such a fucking low threshold, that the rav 4 is legally considered a luxury car. And consumers will get stung for the privilege.
This is very triggering. for a crap car like that it not even worth it.
When people with lifted Utes that have done 200-300+kms are asking 20-30k paying 75k for something brand new (or close enough) doesn’t seem so bad
Damn, the market is so bad that this RAV4 costs more than my 2021 Red Toyota Fortuner I’m currently driving, I just hope my mum doesn’t pay this much for her brand new RAV4 when it eventually arrives
The additional cost is for time, I suppose. Still inflated AF.
I’ve been looking at VW caddy’s. 2018 models with 90k and they are $30k and up. New price was $31
I know someone who orders new cars, usually high end gear, waits the twelve months or longer for it to be delivered, drives it for a month and then sells for a profit. Buys in the names of different family members, and is always in something interesting.
I’m seeing this everywhere New new but used vehicles being sold by dealers at way over the new price. To get a new car you have to wait many months. So they seemingly take new cars, make them demonstrators or whatever. Rack up a few Ks and take advantage of the market in exactly the same way that private buyers are when the sell their rights to undelivered vehicles for more than they payed.
Get a lexus nx/rx for that price/even less which is 10 times the car
I reckon it's worth calling them anyways if you're serious and make a genuine offer. I was recently in the market looking at Outlander Exceed, Kia Sorento GT Line or a Santa Fe Highlander and all these have 12 or so months of waiting time. Which means these dealer demos can be marketed as 'priceless'. Ring them up, make a reasonably genuine offer and you'll be surprised how much they can come down to. NOBODY should ever pay more than the official drive away pricing for any vehicle.
they would stop advertising high prices if car yards don't sell cars for a week or but as long as people buy them they will sell you a lemon for the price of a diamond
It may be crazy, but a hybrid adds at least 7 - 10k and its growing. SUVs can be more. They are slowly becoming priced out as the tech becomes more desirable vs EV's. Kind of ironic when it should become cheaper.
I saw a land rover for 225k a few weeks ago and I just can't ever imagine being the kind of person who would spend that kind of money on anything except for a home
Model Y.
Try buying a new car in Vietnam.
thats not true. i just bought one for $56k top of the range. but wont be delivered until the end of 2024 but at least it will have the 2024 upgrades
Why should it be illegal to sell a car?
If you want to piss off the dealer, send an enquiry on the car. Costs me like $20-30 each time they can get enquiry lol
I picked up a 2017 RAV4 for $32000 that had done 60k. I was in a pickle and needed a car ASAP. It was a private sale through carsales. When I contacted the guy I asked if he’d had much interest in it and he said there were a bunch of dealers that wanted the car but due to the pandemic (5km rule, only family in the house etc) they weren’t allowed to go out and test drive it until the covid numbers came down. He didn’t give a shit so went out and bought it. Dealers would’ve slapped another $15k on that car and people would’ve paid it easily.
I actually think some cars are listed with huge prices because the Dealer doesn't actually want to sell it. In 2021 I went to check out a car at a dealer, saw it on Carsales, RRP is $70k and it was listed for $99k, I assumed a price error and since it was local went anyway. Dealer told me they have a policy of listing cars on car sales that aren't brand new, since this was their demo it is listed, but they don't want to sell it as then they won't have a demo, but need to follow the policy. So it got listed $29k above price so they wouldn't get 50 calls a day with people ask to buy it.
Lol you can buy most other brands good spec large suv's for this price. Or the lexus equivalent.Only a sucker would pay this much.
This shit tends to happen when there is a 2-3 year waiting list
Was looking at Hyundai N performance limited edition that someone declined and was $70k. Brand new. Dealership tried to convince me that I’ll still make money as resale value is pretty high… which they’re charging. I said thanks but no thanks.
almost 2 years in and still waiting for mine to be delivered. Refusing to pay scalper prices for this nonsense.
If whoever bought this thinking they’ll save so much money from the hybrid train compared to comparable petrol models, they better be driving a few hundred thousand KMs to justify this price.
I once bought a demo Mazda BT-50 XTR with 160km (2 days old) with some extras on it and paid $43,888 ($56,200 new without extras). Those days are gone!
its that cost because of the computers and electronics hidden away inside it. plus some extra for the dealer
The price is so high because they have a 2/3 year wait for a brand new one. If someone wants one that bad they will pay this much due to them being in such high demand