Volkswagen ups its prices for MY24
New model year brings higher pricing and equipment levels for most models; VW Golf GTI now $56K-plus, VW Golf R now $70K-plus2024 is almost upon us and so is the corresponding line-up of Volkswagen models, most of which will receive some sort of price and equipment increase for the new model year, with the new pricing effective as of November 1.
Starting with the pint-size Volkswagen Polo hatch, the manual version of the German brand’s smallest model has been removed from the line-up, meaning the light hatch range now opens from $29,490 plus on-road costs – $3500 more than before, though the entry-level Life automatic has only risen by $500.
All prices listed here exclude on-road costs – see the tables below for a full pricing breakdown of each MY24 model and their variants.
The mid-range VW Polo Style meantime is now priced at $32,540 (+$1050), while the Hyundai i20 N-fighting VW Polo GTI has passed the $40,000 banner and now retails from $40,390 – an increase of $700.
Changes to the Polo’s spec sheet include the return of side assist with rear traffic alert (dropped last year) and the addition of a proactive occupant protection system for the Style, while the haptic steering wheel controls in the GTI have been replaced by physical buttons.
The related Volkswagen T-Cross light SUV is staying put at $30,990 for the base Life and $33,490 for the top-spec Style, but the same definitely can’t be said for the MY24 VW Golf line-up, which has been gutted over the past six months from eight variants down to just four, all of which are now more expensive.
Following the previous announcement of the eponymous Golf being dropped from the line-up, the 2024 range now starts from $39,190 for the Life, which has been bumped up by $600 compared to the MY23 version, making a $2900 jump in the entry price for Volkswagen’s most popular hatch.
The luxury-minded VW Golf R-Line meantime will start from $42,290 (+$600), while the GTI hot hatch climbs past the $56,000 barrier to $56,090 (+$600), leaving plenty of breathing room between itself and the Golf R flagship, which gets a $1600 price hike and now starts at $70,590.
That means the MY24 VW Golf R now costs almost as much as what the closely-related Audi S3 did at the start of this year, although it should be noted that its posher cousin has also slowly ticked up in price and currently retails for an even $74,000.
Between $900 and $1500 has been added to the asking prices of the VW T-Roc line-up – despite there being no specification change, with the compact SUV range now starting from $36,890 in CityLife guise (+$900) and topping out at $63,490 for the R (+$1500).
Similar to the Golf, the Tiguan range has been slashed in recent months as VW Australia retires its value-driven special-editions and diesels, leaving just five variants for mid-size SUV shoppers to choose from.
Up to $2600 has been added to the Tiguan’s asking prices, which now start at $43,990 for the Life (+$1100) and max out at $73,790 for the R (+$2600). However, it’s worth noting that certain variants have been treated to some new features including an electric tailgate, side assist and rear traffic alert for the Elegance ($57,090) and R-Line ($60,590), and a Harman Kardon sound system for the R.
The same is true of the seven-seat Tiguan Allspace portfolio, albeit with a maximum increase of $2200 due to it not having a high-performance R flagship. The range now opens from $45,990 for the 110TSI Life (+$1100) and peaks at $63,090 for the R-Line (+$2200).
No specification or pricing changes have been made to Volkswagen’s flagship Touareg luxury SUV, which continues on unchanged for 2024 with bookend pricing of $89,240-$117,540.
Volkswagen Australia says that while the MY24 pricing has now taken effect ahead of the revised portfolio’s arrival in the first quarter of next year, there is still plenty of MY23 stock available across most model lines at their previous prices.
This includes the recently axed Arteon, Passat and Golf Wagon, all of which will soon be shown the door to make room for Volkswagen’s long-awaited electric models.
Style – $32,540 (+$1050)
GTI – $40,390 (+$700)
* Prices exclude on-road costs
Style – $33,490
* Prices exclude on-road costs
R-Line (a) – $42,290 (+$600)
GTI (a) – $56,090 (+$600)
R (a) – $70,590 (+$1600)
* Prices exclude on-road costs
Style – $39,790 (+$900)
R-Line – $47,990 (+$900)
R – $63,490 (+$1500)
* Prices exclude on-road costs
132TSI Life – $47,990 (+$1100)
162TSI Elegance – $57,090 (+$2200)
162TSI R-Line – $60,590 ($2200)
R – $73,790 (+$2600)
* Prices exclude on-road costs
132TSI Life – $49,990 (+$1100)
162TSI Elegance – $59,590 (+$2200)
162TSI R-Line – $63,090 ($2200)
* Prices exclude on-road costs
Elegance – $108,240
R-Line – $117,540
* Prices exclude on-road costs
Related: Volkswagen Touareg – What you need to know
Related: Volkswagen Tiguan supplies boosted
Related: Volkswagen Golf base model to be dropped
Related: Volkswagen Passat, Arteon and Golf wagon axed amid EV rollout
Related: Price and spec increase for mid-range Volkswagen T-Roc variants
Related: Audi S3 Sportback 2023 Review
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