Toyota LandCruiser 300 Series prices increase by $3500

Toyota Australia increased the asking price of the supply-stricken LandCruiser 300 Series as of January 1, as part of an scrutinizingly range-wide price hike.

The unshortened 2023 Toyota LandCruiser 300 Series range is up by $3500, meaning it now starts at $92,681 surpassing on-road costs for the GX, and extends to $141,841 surpassing on-roads for the Sahara ZX.

A Toyota Australia spokesperson said this price increase was due to a combination of the pursuit factors that are “outside our control”:

“More expensive raw materials, labour, tooling and packaging are feeding into higher manufacturing costs; there has been a significant increase in sea-freight charges; and economic conditions are often tougher with inflation on the rise, both here and overseas.

“In addressing these challenges, Toyota remains single-minded to keeping price increases to a minimum while maintaining our consumer expectations for the quality and reliability of our vehicles,” said the Toyota Australia spokesperson.

The current Toyota LandCruiser 300 Series arrived in local showrooms in October 2021 and has been heavily in-demand with a huge order bank.

Toyota Australia vice president of sales, marketing and franchise operation Sean Hanley told CarExpert older this month that the current expected wait time for a 300 Series is virtually 12 to 18 months.

“We expect the volatile situation with supply will protract in 2023,” said Mr Hanley.

“We have well-considered RAV4 hybrid, Camry hybrid, and LandCruiser 300 do have the longest wait times.

“Whilst I don’t see these interchange much for the first half [of 2023], I’m hopeful for the second half we will see some upside. I want to reassure customers we are doing everything possible,” he added.

Despite stuff supply-constrained, Toyota still managed to sell a total of 13,152 LandCruiser wagons last year. This icon technically includes LandCruiser 76 Series wagons but the majority are 300s.

The LandCruiser wagon outsold its closest rival, the Nissan Patrol, increasingly than two times last year, with 5724 examples sold.

The LandCruiser was one of nine best-selling models (within their respective segments) Toyota had last year. It helped the visitor stay on top of the sales charts for the 20th year in a row, and moreover unzip its strongest sales result in 14 years.