Toyota Canada lowers prices on 16 models (up to $16,800)
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Toyota Canada lowers prices on 16 models (up to $16,800)
Toronto, Ontario - Toyota Canada has announced price reductions on the MSRP of sixteen Toyota and Lexus vehicles offered for sale across Canada. The price reduction ranges from $750 on the Toyota Yaris to $8,100 on the Lexus GX series.
"We have always monitored the Canadian market and taken action accordingly," said Stephen Beatty, Managing Director of Toyota Canada Inc. "Now, we're pleased to take these further steps. These MSRP reductions are transparent and consistent, making it easier for customers to make informed purchasing decisions. They also benefit customers, whether they are leasing, financing or purchasing their vehicles with cash."
With the announcement, the 2009 Lexus RX series is launched at lower introductory pricing, and MSRP has been reduced for all 2008 Toyota and Lexus models. Exceptions are models already adjusted late in 2007 (Prius, Tundra and Lexus GS series) and 2008 models being cleared out (Corolla, Matrix, Camry and RX 350).
Other models are lower by the following amounts:
RAV4 $2k
Avalon $2k
FJ Cruiser $1k
Highlander $2750
Highlander Hybrid $1750
4Runner $2020
Tacoma $2350
Sienna $2350
Lower Lexus prices:
IS250 $4650
ES350 $3000
SC430 $7150
LS460 $6600
RX350 $7200
GX470 $8100
GS350 AWD $4250
LX570 $16800
"We have always monitored the Canadian market and taken action accordingly," said Stephen Beatty, Managing Director of Toyota Canada Inc. "Now, we're pleased to take these further steps. These MSRP reductions are transparent and consistent, making it easier for customers to make informed purchasing decisions. They also benefit customers, whether they are leasing, financing or purchasing their vehicles with cash."
With the announcement, the 2009 Lexus RX series is launched at lower introductory pricing, and MSRP has been reduced for all 2008 Toyota and Lexus models. Exceptions are models already adjusted late in 2007 (Prius, Tundra and Lexus GS series) and 2008 models being cleared out (Corolla, Matrix, Camry and RX 350).
Other models are lower by the following amounts:
RAV4 $2k
Avalon $2k
FJ Cruiser $1k
Highlander $2750
Highlander Hybrid $1750
4Runner $2020
Tacoma $2350
Sienna $2350
Lower Lexus prices:
IS250 $4650
ES350 $3000
SC430 $7150
LS460 $6600
RX350 $7200
GX470 $8100
GS350 AWD $4250
LX570 $16800
http://www.thestar.com/Business/article/299753
CL Community Team
Joined: Oct 2002
Posts: 30,283
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From: Canada
They just converted most of the Cash Credits offered last December & January to an official price reduction for most Lexus models. Real prices don't make much differences, if at all, compared to the past 2 months.
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Big price cuts on Canadian Lexus/Toyota Models
http://www.thestar.com/Business/article/299753
The IS250 in Canada is now only $31,900. Very close to the IS250 price in the US ($30,600). Props to Lexus/Toyota!!!
The IS250 in Canada is now only $31,900. Very close to the IS250 price in the US ($30,600). Props to Lexus/Toyota!!!
CL Community Team
Joined: Oct 2002
Posts: 30,283
Likes: 363
From: Canada
http://www.thestar.com/Business/article/299753
The IS250 in Canada is now only $31,900. Very close to the IS250 price in the US ($30,600). Props to Lexus/Toyota!!!
The IS250 in Canada is now only $31,900. Very close to the IS250 price in the US ($30,600). Props to Lexus/Toyota!!!
Sales tax is still typically double in Canada what it is in the U.S. so it's still a rough deal.
Also, I bet Lexus dealers were getting killed with people buying cars in the U.S. so Lexus had to do this.
Also, I bet Lexus dealers were getting killed with people buying cars in the U.S. so Lexus had to do this.
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Lexus Champion
Joined: May 2001
Posts: 2,468
Likes: 11
From: Ontario, Canada
Price of used Lexus cars in Canada have also dropped by quite a bit too.. Which is how I was able to afford my '05 LS.. Hope the exhange rate stays the same so I can get my new wheels.. 
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CL Community Team
Joined: Oct 2002
Posts: 30,283
Likes: 363
From: Canada
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