Following Toyota, Lexus Vietnam to raise prices of products from May 2022

08 May 2022

The currently distributed Lexus models in Vietnam are imported CBU from Japan. All of which are affected by the increase in input material costs.

Lexus ES 250 F SPORT 2022.

According to newly received information, Lexus Vietnam from May 1, 2022 has also applied new prices for a series of car models. In which, the Lexus ES increased at most by 40 million VND, while the Lexus GX and Lexus LM increased at most by 70 million VND, specifically as follows:

Model Increase
ES 40.000.000
RX 300 50.000.000
RX 350 60.000.000
GX 70.000.000
LM 70.000.000

Price increase of Lexus models from 1/5/2202 (Unit: VND).

 

Lexus Vietnam did not explain the reason for this price increase, but it is likely due to the increased cost of input components leading to increased production costs. Before Lexus, Toyota Vietnam also announced to increase the price of 9 models from May 1st, 2022. In addition, some other manufacturers have also increased the selling price of their products from the beginning of this year, such as Ford Ranger and Everest…

As for Toyota models, the lowest price increase is 5 million VND for Toyota Vios and Innova, while the biggest increase is 40, including Toyota Land Cruiser, Land Cruiser Prado, and Alphard. Notably, even Toyota Raize – a small urban SUV that receive interests from Vietnamese customers. Due to its low price, it is also included in this price increase, by 20 million VND.

 

Model Version Old price Increase New price
CKD Models
Vios E MT (3 airbags) 478.000.000 5.000.000 483.000.000
E MT 495.000.000 500.000.000
E CVT (3 airbags) 531.000.000 536.000.000
E CVT 550.000.000 555.000.000
G CVT 581.000.000 586.000.000
GR-S 630.000.000 635.000.000
Innova E 750.000.000 5.000.000 755.000.000
G 865.000.000 870.000.000
Venturer 879.000.000 6.000.000 885.000.000
V 989.000.000 995.000.000
CBU Models
Camry 2.0G 1.050.000.000 20.000.000 1.070.000.000
2.0Q 1.167.000.000 18.000.000 1.185.000.000
2.5Q 1.349.000.000 21.000.000 1.370.000.000
2.5HV 1.441.000.000 19.000.000 1.460.000.000
Corolla Cross G 730.000.000 16.000.000 746.000.000
V 830.000.000 846.000.000
HEV 920.000.000 936.000.000
Raize   527.000.000 20.000.000 547.000.000
Yaris   668.000.000 684.000.000
Land Cruiser Prado   2.548.000.000 40.000.000 2.558.000.000
Land Cruiser   4.060.000.000 4.100.000.000
Alphard   4.240.000.000 4.280.000.000

Details of price adjustments from May 1, 2022 (Unit: VND).

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