Toyota Yaris Price Rise

Just reading this article Shock price for cheapest Toyota Yaris on news.com.au.

Toyota has raised the price of its cheapest car by nearly 44 per cent, suggesting that those who can’t afford it look for a second-hand model

I get it that they have brought in improvements and obviously they don't come cheap but it's a significant jump for a vehicle in this class. Does this mean people are not going to buy Yaris now? Or it will still be the car of the choice in this category? What do you think?

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Comments

  • +18

    I think they should have named them boatercycles, not jet skis.

    • +4

      And bacon! You don't bake it, you fry it. Why didn't they call it Fryken?

      • +2

        You're preaching to the choir there, Jim.

      • Grillken ?

      • +3

        And why do we cook bacon, but bake cookies?

      • +1

        You don't bake it…

        Man, they didn't even try to hide their deception. It's in the name - baCON.

      • bacon is great baked, wire rack and tray and don't over do it

  • +1

    Was planning to get one around the end of the year, but I guess it'll be end of next year, or whenever it falls to a sane price.

    • Yep, same. Was going to trade the Fiat in on a Hybrid Yaris. It’s about $10k more than what I paid for the wife’s demo Hybrid Corolla. Fat (fropanity) chance now…

      This is a good way to lose customers and kill a line model of vehicles…

      • +3

        A Fiat, how interesting.

      • +1

        On the upside, it's looking like a Swift or Swift Sport instead. (profanity) it, might as well get a fun car.

      • Shouldn't we be Rewarding Toyota's well-designed & -made,
        low maintenance Yaris, eg, also for excellent Fuel-efficiency?

        It's the Whole-of-Life cost, that matters, IMO.

        Anyway, some costs MUST rise, eg, if you choose a Hydbrid;
        be sure you're comparing apples to apples; a pair of cherries
        (ie, 1 car w/ 2 engines) HAS to cost more.

        And, the cost of replacement energy sources can't be cheap.

        Japan's economy wasn't so hot B4 COVID' (eg, due to the
        Fukushima accidents (that's still costing heaps to seal, etc.)

  • +12

    About $25k onroad for the base level Yaris is crazy. I'm sure a few people will still buy them but it wont be many.

    • +22

      We need to support Japan in the new cold war vs china

        • -4

          If you want to bring a political issue, how about all the Aboriginal people the white Aussies killed, raped, and stole??
          Don't bring racism into this please

          • @lunartemis: How bout no

            • @freakatronic: Exactly my point just in case you didn't read my last sentence. It was my response to the racist comment previously

          • +1

            @lunartemis: Yep… Nothing like being held responsible for something ancestors did 3 to 4 (or more?) generations ago that most likely no one in my family was involved in.

      • +3

        How did China get into this topic???

        • +6

          I blame the Russians

          • @spackbace: I don't blame anyone personally… I just share some popular conspiracy theories to incite hatred.

  • +87

    I think they are forgetting that the Yaris is what people buy if they can't stretch their budget to a Corolla. Literally no one is going to drop $30K on a Yaris.

    • +2

      Spot on

      • +24

        If you want to be hyper literal, I'd note that your statement is also incorrect. It is possible (probably likely) that Toyota will sell a Yaris, but that nobody has let $30K physically fall onto a Yaris (as per dictionary definition of drop)

        • -7

          lol… I can fix that by literally dropping the word 30k written on a piece of paper on any Yaris. Ok this is going nowhere.

        • +1

          It's not hyper literal. It's just literal.

    • +5

      LMAO DID YOU SEE WHAT THEIR REP SAID?

      "If people can't afford it, go second hand theres always something there"

      LOOOL Lets see if this strategy works. They seem to be very confident that it will sell at this price.

    • Here's a (only half joke) prediction for you:
      Tomorrow's article will be the shock new price of a Corolla.
      In 6 months it'll be Toyota exiting the Aussie market.

  • +10

    Between COVID, market contraction, and a genuinely improved car with much more safety tech, a big price hike was guaranteed, but this is craaazy. The cheapest auto option is $26,490. The non-hybrid poverty pack Yaris is now more expensive than the more 'premium' Polo, and punching with the Corolla, Mazda 3, i30 in the category up.

    • +8

      With hub caps too!

      • +6

        Boots with the fur

    • +2

      Damn, that's more than what I paid for my Golf!

      • New or used?

        • +2

          New, with DAP. This was last year though.

    • But "market contraction", due to covid or anything else, should be putting DOWNWARD pressure on price - demand curves slope downwards. Yep, it's completely crazy.

      A lot of buyers of this car will have been looking longingly at EVs as a city runabout but deterred by price. Well now they're charging EV prices for the thing …guess what. Perhaps its a cunning plan to boost EV uptake.

      • +1

        It would make sense if Toyota marketed an EV here in Australia. Push the price of a hybrid up close to the EV so people might just make the jump, but there is no Toyota EV to jump to.

        I’m banking that next years Corolla and RAV hybrids are going to get the price jacking treatment as well.

        • They are doing an Apple here by jacking the price on yaris now and other models when they come up for refresh later. I think other brands might take a leaf out of Toyotas book and increase prices as well. It doesn't bode well for consumers at all but it ll be great for new entrants like MG who will get a great chance to establish themselves.

  • +9

    I'd Just save my money and find a brand new Volkswagen Polo for $19000, much better value with nice build quality and a 5 year warranty, Can be found for $15000 for a used or demo model.

    • +5

      DSG?

      • $15000 used for a manual, there is very little for that price due to the pandemic but DSG can be found for $17000 demo drive away, and there are a few of those. Or there is some Comfortline models for $20000 demo or maybe cheaper if you wait for some more to come on the market,

      • +11

        Dunno why you got downvoted. Those dodgy DSG are scary.

        • +1

          Because they can break? I don't get what's scary about them?

          • +2

            @Nereosis: I've experienced them not engaging gears. So I once turned from a red light and it wouldn't go into gear (fourth?) reached around 40-50km/h and rev'ing the engine to 3000-4000 rpms whilst slowing down.

            Someone died a few years ago on a Melbourne freeway after being rear ended by a truck. This article notes that it is a diesel issue but it affect petrol versions also.
            https://www.news.com.au/finance/business/victorian-coroner-d…

            They're generally fine to own five years from new, but after that they should be avoided.

            • +4

              @Caped Baldy: That news article doesn't given much proof other than speculation.

              Was your car a Volkswagen? What year model?

              • @Nereosis: Maybe a bad example with that article as it was a manual transmission. It does say the victim's car did slow down to around 20km/h.

                Had VW Golf around 2006, was borrowing from a sibling so not sure exact year.

                It is a fact though that many DSG have had issues.

                • +2

                  @Caped Baldy: They fixed the issue in later years, and we are talking about a new 2018-2020 polo with a 5 year warranty and not a old golf, the article was about a 2008 golf which is 12 years old so I am sure they have LONG improved it, my mate has has a 2016 Golf with 120,000 kms and he has owned it since new and never had any of those issues with his DSG transmission, he has said that it is a little jerky though, but when he takes his car to service they gave him a ex demo 2019 polo as a loaner and he said the DSG is perfect on there are has very little jerkiness to none. They have refined it over the years.

                  • -1

                    @jayboi: That's good to know. But for me that stigma is hard to ignore. I'll definitely keep it in mind though.

                    Edit: just saw this…. https://www.caradvice.com.au/800297/new-recall-of-80000-volk…

                    • +2

                      @Caped Baldy: That article is a lot better. I always feel it's better to have recalls rather than no recalls as it means the company is still actually paying attention to the old(er) cars.

                      Guess we'll see how my Skoda DSG goes but I do over a 1000kms a week and haven't had any issues.

            • +2

              @Caped Baldy: It turned out that person wasn't even in a DSG equipped vehicle. They were driving a manual and I believe it was eventually found the accident was caused by driver fault. The media jumped on it before knowing the facts.

              False neutrals are definitely a concern but there have been extensive recalls and service campaigns to try and identify and resolve cars with these issues. VW have been known to perform warranty work for DSG issues reported on cars 10 years after their manufacture.

            • @Caped Baldy: I have a 2009 golf GTI with DSG - it is a brilliant transmission and has made me think I would never need a manual again. The DSG is quicker than the manual version on 0-100. Ive never had an issue but I always stick to the scheduled service intervals.

              Sure some owners have had issues with DSG in the early years, but this has been resolved.

              Many manufacturers have since copied the DSG design, e.g. Toyota call it CVT even Hyundai has their version

              • +1

                @BreezyPalms: CVT isn't DSG…

              • +1

                @BreezyPalms: wait what. Totally different transmissions there.

                • @Circly: I stand corrected!

                  CVT also had a lot of issues early on…. like DSG

        • Next Gen Golf comes with a standard Aisin Auto

    • +1

      Only thing stopping me from going that route is the PULP requirement…

      • +3

        At 4.5L/100KM, just think of it as a 5L/100KM hatchback.. still beats the Yaris over 5-7 years.

      • Yeah I felt the same way til I thought of the fuel economy difference… Better fuel economy kinda negates a difference in price imo.

        • +5

          I then looked up how much the servicing costs were on a Polo… holy moly.

          • @psyren89: High? I'd just avoid getting my new car serviced at the dealer tbh…

            • @[Deactivated]: For the 85kW auto, by year:
              1) $332
              2) $468
              3) $426
              4) $789
              5) $332

              • @psyren89: It's only annual at least, but that year 4 service is not cheap… the others are OK but a little expensive.

                • @[Deactivated]: If you find a good dealer with either demo or new ones, they would throw in 3-5 year free servicing plans so maybe shop around for that, that would be great and it is $0 for servicing the car at the Volkswagen dealer with loaner cars when you take it there, who doesn't want that!

    • +7

      having had driven a DSG Golf extensively can I just say how awful and somewhat scary they are to drive in inner city stop/start situations?

      Possibly the worst transmission on the market, would not recommend a DSG box irrespective of make.

      • +4

        Scary in what way?

        I have a DSG Skoda and it drives like a dream?

      • +1

        What year is the car? And if it is bad and really jerky then you should take it to the dealer if it is under warranty, a little bit of jerkiness is fine and also have you turned off auto hold? Auto hold would jerk it a lot as it has to disengage the parking brake each time you accelerate.

      • +2

        Opposite here, went from manual to DSG, and it's been a dream. Love it much more than conventional automatics

        • +2

          Yeah that's the thing they work wonderfully up until the point where they break. The dry clutch DSGs are a flawed design.

          • +2

            @pleasebekindtome: Mine's a wet clutch, but understand what you mean given those dry 7 speed DSGs had heaps of problems

            9 years going strong

      • Have you driven a CVT? Because CVTs are hot garbage.

    • yeah but VAG

  • +13

    So the Yaris is now in the price range that the Corolla used to sit in and they'll push the price of the Corolla up. Then the Camry range will increase in price too so they don't cannibalise each other. And once other car manufacturers see this, they'll raise their prices too. I see this having a huge domino effect…..

    • +3

      Current gen corolla seems to be priced relatively high already. Not sure if they can go much higher!

      • The starting price between the new Yaris and the existing 2021 Corolla is within about $2,000 of each other $22,130 vs $23,895. They'll have to up the price of the Corollas further otherwise the Corolla sales might just eat up all the Yaris sales, vice versa. Surely they're not that stupid to compete against themselves.

        • +1

          I doubt you'll see further price increases on the range "just because". Nope, Yaris will just compete with Corolla (or 1yo Corollas)

          • +1

            @spackbace:

            Nope, Yaris will just compete with Corolla

            opps don't worry I see you answered this below.

            Out of interest how do you think the Yaris will sell against the Corolla?

            I think the no brainer decision would be the Corolla given that its in a class above the Yaris making the Yaris a super hard sell.

            • @Brick Tamland: I don't expect the under-30s to outlay the cash, it'll more be the 50yo+ age bracket who can afford a Corolla but don't like the size, or like features of the Yaris (like the big digital speedo on the SX/ZR).
              We got out cars yesterday, and the petrol model is a bit of fun actually! Power/weight makes it a nippy lil thing (couldn't say that about the old 1.3)

              • @spackbace: Yeah ok, I can see that it may appeal to that audience as the Corolla is a little low slung and claustrophobic or that demographic. I can see that the C-HR might also be in that same target market too?

                • +1

                  @Brick Tamland: Nah C-HR is bigger

                  And then we have the Yaris Cross coming later this year :P

                  • @spackbace: Lol yaris Cross will probably cost a few more grand than the normal yaris.

                    • +3

                      @Circly:

                      Lol yaris Cross will probably cost a few more grand than the normal yaris.

                      to compete with the RAV4 haha

  • +8

    They are just giving a leg up to the competition from China and Korea. Right at the worst time. When a lot of Korean cars are now just as reliable often more “fun” to drive. Have as nice or nicer interiors. Maybe Totoya wants to become the new Holden.
    Crazy.
    Look at the MG3. It’s less than $18000 loaded with kit and in the same small class category that Yaris purchaser might be considering. I might not want to own one but plenty of people do “ the brand as a whole is selling more cars than Jeep, Peugeot, Skoda and Mini in 2019.”
    https://www.caradvice.com.au/731365/2019-mg-3-review/
    https://www.carsguide.com.au/car-reviews/mg-3-79427

    • +39

      Please recommend a Swift before suggesting an MG!

      • +4

        OK. Anybody considering a MG please buy a Swift instead. ;-) .
        And I did say I personally wouldn’t buy one. Just pointing out how cheap some the competition will go :-)

        • +5

          Always gonna be cheaper, however the new safety regulations are getting stricter, both here and Euro. It'll reach a stage where you can't have cheap and cheerful because they'll need so much tech in them.

          Just take a look at the ANCAP 2020 tests, which the Yaris looks to hopefully get 5 stars in.

          5 star safety doesn't mean shit any more unless you check which year it was certified.

          Gone are the days of $10k Hyundai Excels, and soon will be $16k small hatches

          • +8

            @spackbace: The MG3 has no safety rating.

            That says it all

            • @SupeNintendoChalmers: Is that even legal?

              • @WhyAmICommenting: Do you mean is it legal that there's no ANCAP safety rating? If so, ANCAP ratings aren't mandatory.

                https://www.ancap.com.au/frequently-asked-questions

                Is ANCAP testing mandatory?

                No. ANCAP is an independent, non-regulatory consumer information organisation which exists to enhance the safety of the Australian and New Zealand vehicle fleets by encouraging the highest levels of vehicle safety. ANCAP works to complement the regulatory Australian Design Rules (ADRs) as set by the Australian Government.

                • @beeawwb: Wow, in thought there would be a minimum. Amazing

                  • +1

                    @WhyAmICommenting: https://www.carsguide.com.au/car-reviews/mg-3-79427

                    Safety technology is the MG3’s biggest shortfall. There’s no ANCAP crash test safety rating to speak of, and the MG3 doesn’t come with any form of auto emergency braking (AEB), which is disappointing given the tech has been available on affordable city cars since 2013 (the VW up! was an early benchmark).

                    Even the facelifted Mitsubishi Mirage has AEB with pedestrian detection, but the MG3 doesn’t. Nor does it come with lane keeping assist, lane departure warning, blind spot monitoring, rear cross-traffic alert or rear AEB.

                    So what do you get? The range comes standard with a reversing camera, rear parking sensors, electronic stability control, and six airbags (dual front, front side, full-length curtain). And that may be enough for you, but we know you can get more safety tech in rival cars, so it can’t score well against this criteria.

                    Unfortunately the mandatory minimum safety requirements for a vehicle to go on sale in this country are met, however it would be far from a 5-star ANCAP if it were to be tested

                    • @spackbace: "Unfortunately" ?

                      Did you mean fortunately ?

                      I've done some research, and the reason why the MG3 only receives a 3 Star safety rating, is because they are going off the crash test on the Manual version, which was discontinued in 2018, to make way for the Auto version, which is the current one.

                      "however it would be far from a 5-star ANCAP if it were to be tested" ?

                      Your logic is backwards, because the previous version was already 3 star, which is already more than 50% of 5.

                      Opinion and fact are two totally different things.

                      Although, I don't own a Chinese built vehicle, it doesn't mean that they are terrible, and their sales are going through the roof !

                      https://business.carsales.com.au/insights/auto-industry-news…

                      "MG was another top-performing brand in July, with views on its new models up 140%.¹

                      As part of its aggressive growth strategy, the born-again Chinese-owned Brit brand has also expanded its Australian retail footprint with the appointment of five new dealers in Victoria.

                      And the huge increase in views converted into genuine sales opportunities for the brand’s dealer network, with MG achieving enquiry volume growth of 165% compared to July 2019.¹

                      However, topping the charts for enquiry growth in July was another Chinese brand, Haval, up 447% year-on-year.¹"

                      • @[Deactivated]:

                        "however it would be far from a 5-star ANCAP if it were to be tested" ?

                        Your logic is backwards, because the previous version was already 3 star, which is already more than 50% of 5.

                        And the requirement difference between 3 and 5 star is substantial, hence "far from a 5-star".

                        All well and good that they're selling cars, so what?

                        "Unfortunately" ?

                        Did you mean fortunately ?

                        Nope. Cars with a 3 star safety rating shouldn't be on sale.

                        • @spackbace: Take a top of the range Corolla from three years ago (which was 5 star rated) and test it today.

                          It would be lucky to get 3 stars..

                          • @[Deactivated]:

                            It would be lucky to get 3 stars..

                            MG 3
                            Corolla

                            Try again…

                            Adult Occupant - 69% vs 94% lol

                            I reiterate, cars as unsafe as the MG 3 shouldn't be on sale. It's why the Mitsubishi Express van stopped being sold, it had 1 airbag. Government legislated a minimum requirement which it didn't meet.

            • @SupeNintendoChalmers: https://www.caradvice.com.au/731365/2019-mg-3-review/

              According to CarAdvice, it's 3 Star Safety rated ??

          • @spackbace: In places like Canada, so many folks have lost jobs to COVID'
            that they won't all be able to buy suddenly-costly New Cars…

            (OTOH, CA's gov't has been paying lots more in CERB,
            than AU's gov't… CA's just got extended thru next Summer,
            in .CA)

            Maybe car-makers are factoring-in losses due to poor sales,
            for such reasons. VW certainly has to do that, as well as fac-
            toring in the huge fines they paid, for cheating in Tests.

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