AutoExec Summary
Toyota Australia has warned against price gouging with the last of the LandCruiser 70 Series V8s, but private resellers are taking advantage. Ads for low-mileage V8s have flooded online, with prices reaching as high as $130,000. Toyota stopped taking orders for V8 models in July and production will end in September 2024. Dealers are prioritizing older orders, leaving potential buyers to pay a premium for used models. Toyota is implementing strong processes to prevent price inflation.
Brands mentioned: Toyota.