Toyota Australia has confirmed that orders for the Toyota LandCruiser 70 Series placed after May 16 will not be price-protected, meaning customers could end up paying a lot more than they expected whenever their new off-road ute or wagon eventually arrives.
Such is the demand for the trusty Japanese workhorse range, which dates back to 1984, that Toyota Australia earlier this week announced it was temporarily closing the 70 Series order book to reduce a wait list that now stretches out to 2024 due to production stoppages in Japan.
With a heavily updated model announced earlier this year and soon to enter production, we don’t yet know how much higher 70 Series prices will go – nor which customers will receive the upgraded model – but a major GVM increase and expanded safety suite could add a few thousand dollars to the vehicle’s bottom line.
Toyota says consumers who have placed orders within the last few months will be aware of the potential price increase thanks to a new policy the brand implemented in mid-May which requires customers to fill in a form acknowledging that the “vehicle specification, price and/or delivery date may change from the time of order to the time of vehicle delivery”.
“This means customers who placed an order after 16 May 2022, will be contacted by their dealer again once production is confirmed to confirm these details,” a Toyota spokesperson told carsales.
The current Toyota 70 Series is already an expensive vehicle given the level of equipment it comes standard with. Prices start at $68,950 for the single-cab – the only variant that comes with an ANCAP safety rating, albeit one dating back to 2016.
Indeed, it’s major drawcard is not safety but its lazy 4.5-litre turbo-diesel V8 and its old-school, go-anywhere ladder frame.
Both of these core attributes are set to carry over in the upcoming model which, as we’ve previously reported, will receive a GVM upgrade in order to side-step the new ADR85 pole side impact regulation applicable to all new light commercial vehicles sold from November 1, 2022.