Benefits worth up to a maximum of Rs. 65,000 are being offered on Toyota cars this month (May 2021) in the Indian market
Toyota Kirloskar Motor has hiked the prices of its vehicles recently, much like other carmakers in India. The Japanese carmaker has also announced a few deals and discounts on select cars in its lineup in the Indian market, to provide some relief to potential buyers and attract more customers.
Toyota Glanza is available with a cash discount of Rs. 8,000 and a corporate discount of 2,000 on the ‘G MT’ trim. Buyers can also avail an exchange bonus or loyalty bonus, worth Rs. 18,000. On all other variants of the Glanza, a cash discount of Rs. 8,000, an exchange bonus/loyalty bonus of Rs. 8,000, and a corporate discount of Rs. 4,000 are available.
As for the Yaris, there is a cash discount of Rs 20,000 available on it, along with an exchange bonus/loyalty bonus of Rs. 25,000. Apart from that, a corporate discount of up to Rs. 20,000 is also being offered on it.
On Toyota Urban Cruiser, there are no cash or corporate discounts on offer, although an exchange bonus of Rs. 20,000 is being offered. On all other Toyota models – Innova Crysta, Fortuner, and even the Camry and Vellfire – there are no official discounts and deals available.
Toyota is planning on adding a few more rebadged Maruti Suzuki cars to its lineup in the Indian market, just like the Glanza and Urban Cruiser. Maruti Ciaz is expected to be rebadged and sold as Toyota Belta (as a replacement for Yaris), and Maruti Ertiga/XL6 will spawn a Toyota counterpart as well.
| Toyota Discounts – May 2021 | ||
| Model | Cash Discount | Exchange/Loyalty Bonus + Corporate Discount |
| Toyota Glanza (G MT variant) | Rs. 8,000 | Rs. 18,000 + Rs. 2,000 |
| Toyota Glanza (all other variants) | Rs. 8,000 | Rs. 8,000 + Rs. 4,000 |
| Toyota Urban Cruiser | 0 | Rs. 20,000 + 0 |
| Toyota Yaris | Rs. 20,000 | Rs. 25,000 + Rs. 20,000 |
| Toyota Innova Crysta | 0 | 0 |
| Toyota Fortuner | 0 | 0 |
| Toyota Camry | 0 | 0 |
| Toyota Vellfire | 0 | 0 |
Apart from that, Toyota is also planning to launch the RAV4 Hybrid in India. The SUV has been spotted multiple times during roads tests, and launch is expected to happen around the Diwali festive season. Toyota RAV4 will make its way to our market via the CBU import route, and it is expected to be priced around Rs. 50 lakh (ex-showroom).