Malaysians love their Toyota Alphards and Vellfires but with the launch of the all-new AH40 models recently, it begs the question of how much do we love them? This is because almost brand new units of the new luxo-MPVs have popped up on used car sites in Japan with prices a staggering quadrupled of the new prices.
For starters, the brand new pricing of the Alphard and Vellfire in Japan ranges between 5.4 million yen (~RM 171,000) to 8.9 million yen (~RM 281,000). Of course, it’s all depending on the model and variant as well as the tonnes of options available.
Nonetheless, near-mint examples of the Alphard and Vellfire have sprouted up on used car sits in Japan such as Goonet and CarSensor with mileage as low as just 20 km.
The real kicker here is the “used” pricing. Knowing full well that buyers in overseas markets will pay through their noses for the new models, used pricing starts at almost double the entry-level variant at 9.9 million yen (~RM 313,000). This was for the Alphard Gasoline Z 4WD kitted in a Modellista package and powered by the 2.5-litre naturally-aspirated engine.
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Expected to be one of the most in-demand options, the Modellista kit comprises a front spoiler, side skirts, rear skirt + faux muffler and roof spoiler with blue LED lighting.
Interestingly, Japanese site Creative311, that first noticed the exorbitant prices of used models, picked up on the Alphard being listed with the dealer-optional 13.2-inch EL display. However, the site added that the screen is only available from February 2024 onwards, so it’s possible that it hasn’t been fitted yet.
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On the other hand, a Vellfire HEV model was listed on the sites for around 25.5 million yen (~RM 806,000). For comparisons sake, it’s only about 6.8 million yen (~RM 215,000) brand new, without options.
The Japanese themselves aren’t going too be paying the insane asking prices for these models so it’s obvious the target market is clearly for export.
Toyota themselves aren’t too pleased with buyers flipping the Alphard and Vellfire for a quick and massive profit. It’s been hinted that the world’s largest carmaker could be inserting clauses that prevent immediate reselling of the car like it did for the new Toyota Land Cruiser 300 Series.
For example, one of the Alphard or Vellfire listings on Carsensor was taken down immediately after going live though the reason remains unknown.
According to Toyota, monthly production of the new models are around 8,500 units, or 100,000 units annually.