LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Toyota is about to hike vehicle prices, but by how much?

Robert Frost by Robert Frost
June 23, 2025
in Industries
Toyota is about to hike vehicle prices, but by how much?
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Toyota is the latest car maker with plans to raise vehicle prices in the US. The price hikes apply to Toyota and Lexus-branded models built from July 1. Here’s how much more you can expect to pay.

Why is Toyota raising vehicle prices in the US?

If you were planning on buying that brand-new Toyota, you might want to get on it. Starting next month, the average cost of a new Toyota will increase by $208. Lexus brand vehicle prices are going up by $208 on average.

You might also like

Tesla Autopilot less safe, Optimus freezes, electric Mustang goes 250,000 miles

91% of renewables are cheaper than fossil fuels, but Trump just defunded a vital US grid upgrade

Elon Musk with a straight face: Tesla Robotaxi will cover half of US population by end of the year

Toyota is the latest in a string of automakers to announce it’s planning to raise US vehicle prices, including Subaru, Ford, and Mitsubishi.

Although most automakers cited the Trump administration’s new auto tariffs as a reason for the price hikes, a Toyota representative said that “the tariffs were not a direct factor.”

Advertisement – scroll for more content

Toyota claims that the price adjustments are based on market trends. According to the spokesperson (via Nikkei), “In addition to a vehicle’s quality and customer appeal, prices are determined based on market trends and the stance of competitors.”

Toyota-vehicle-prices
2025 Toyota bZ4X Limited AWD Supersonic Red (Source: Toyota)

Like many carmakers, Toyota adjusts prices annually. Although the tariffs may not have been “a direct factor,” they were still likely a big part of the decision.

Toyota’s imported vehicles account for about 45% of its US sales. The company imports about 500,000 cars to the US each year from Japan. It also imports vehicles from its plants in Mexico and Canada, which also face higher tariffs.

Toyota-vehicle-prices
2025 Lexus RZ 450e Luxury (Source: Lexus)

Last week, the Japanese automaker raised delivery, processing, and handling fees on Toyota models by $71 and $108 for Lexus-branded models.

Toyota didn’t specify which vehicles were included, but we will find out soon, as the price hikes are set to take effect on vehicles produced from July 1.

Toyota-vehicle-prices
2026 Toyota bZ electric SUV (Source: Toyota)

In May, a Ford spokesperson confirmed to Electrek that the company planned to increase prices on the Mustang Mach-E, Maverick pickup, and Bronco Sport, all of which are manufactured at its plant in Mexico. The higher prices went into effect on imported cars after May 2.

According to the spokesperson, the move is part of the company’s “usual mid-year pricing actions combined with some tariffs we are facing.”

Other Japanese automakers, including Nissan and Honda, have not raised vehicle prices. Hyundai Motor Group, which includes Kia and Genesis, is ramping up US production to avoid potential price hikes.

Looking to snag the savings while they are still here? Toyota is currently offering clearance savings on its electric vehicles as it prepares to introduce new models. The bZ4X, Toyota’s electric SUV, is available with up to $19,000 in lease cash with monthly leases starting as low as $269 per month. You can use our link to find Toyota bZ4X models at a dealer near you today.

FTC: We use income earning auto affiliate links. More.



Source link

Share30Tweet19
Previous Post

British military bases across Middle East placed on ‘highest level’ over a potential attack – London Business News | London Wallet

Next Post

Using options to hedge against a tech decline as sector becomes overbought

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

Tesla Autopilot less safe, Optimus freezes, electric Mustang goes 250,000 miles
Industries

Tesla Autopilot less safe, Optimus freezes, electric Mustang goes 250,000 miles

July 24, 2025
91% of renewables are cheaper than fossil fuels, but Trump just defunded a vital US grid upgrade
Industries

91% of renewables are cheaper than fossil fuels, but Trump just defunded a vital US grid upgrade

July 23, 2025
Elon Musk with a straight face: Tesla Robotaxi will cover half of US population by end of the year
Industries

Elon Musk with a straight face: Tesla Robotaxi will cover half of US population by end of the year

July 23, 2025
Tesla claims it produced the first builds of its ‘new affordable’ electric car models
Industries

Tesla claims it produced the first builds of its ‘new affordable’ electric car models

July 23, 2025
Next Post
Using options to hedge against a tech decline as sector becomes overbought

Using options to hedge against a tech decline as sector becomes overbought

Related News

Wall Street analysts stay bullish on Microsoft after earnings given its ‘unique position’ in A.I.

Wall Street analysts stay bullish on Microsoft after earnings given its ‘unique position’ in A.I.

July 26, 2023
Birmingham’s Star City placed up for sale for £65m

Birmingham’s Star City placed up for sale for £65m

April 11, 2023
Friday’s big stock stories: What’s likely to move the market in the next trading session

Friday’s big stock stories: What’s likely to move the market in the next trading session

April 4, 2025

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?