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?
I was told that the TCO of EVs and ICE vehicles would reach parity in 2023 but I didn't realise this was because the price of ICE vehicles was going up.