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“Do NOT pay over retail”: Toyota boss warns as demand for V8 LandCruiser 70 Series set to soar

9 July 2024, 6:00 am

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“Do NOT pay over retail”: Toyota boss warns as demand for V8 LandCruiser 70 Series set to soar
Image: Drive
“Do NOT pay over retail”: Toyota boss warns as demand for V8 LandCruiser 70 Series set to soar
Image: Drive

AutoExec Summary

Toyota has cautioned new-car buyers against paying over retail for the V8 LandCruiser 70 Series amid fears of dealer price-gouging as the final units with the iconic engine are sold. The V8 will be discontinued from September due to upcoming Federal Government emissions standards. Toyota Australia, acknowledging previous instances of dealers inflating prices, emphasized its inability to legally prevent price-gouging but vowed to implement strict measures to curb such practices. The company is urging buyers to avoid overpaying. Final production of the V8 models will conclude in September, with deliveries expected by late this year or early next. Toyota has introduced a new 2.8-litre turbo-diesel engine for the LandCruiser 70 Series, offering slightly less power but more torque than the V8.

Brands mentioned: Toyota

 

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