![]() | #391 | |
BHPian Join Date: Oct 2020 Location: Pune
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![]() | #392 |
Senior - BHPian ![]() Join Date: May 2012 Location: BLR/PTR
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![]() | #393 | ||
Senior - BHPian ![]() Join Date: Jun 2020 Location: Mumbai
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Last edited by CEF_Beasts : 25th January 2022 at 12:07. | ||
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![]() | #394 | ||
Senior - BHPian ![]() Join Date: Feb 2020 Location: Hyderabad
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| ![]() Toyota hopes to grow niche lifestyle segment with Hilux. ![]() Quote:
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Last edited by Venkatesh : 25th January 2022 at 12:43. | ||
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![]() | #395 |
Senior - BHPian ![]() Join Date: Feb 2005 Location: MAA/CCU
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| ![]() The Toyota dealer in Calcutta is indicating a price of Rs 35-36lakhs ex-showroom and this seems to be backed up by various posts on this forum. This will be a good profit margin product for Toyota. However hard they may try to justify their "brand equity", "ruggedness", "lifestyle" et al, they know very well that this is priced at a level far more than it deserves to be. If we take a ballpark pricing reference: the top variant of Hilux Revo GR Sport 4x4 in Thailand costs around Thai Baht 889,000 which at today's exchange rates works out to somewhere around Rs 20 odd lakhs. The vehicle mechanical packaging is the same as the proposed Indian offering and I am sure the Thai model is quite rich in features and contents, if not more than what we will be given in our country. Thus, charging a premium of almost double the amount from the Thai pricing equivalent of Rs 20 odd lakhs to an indicated price of Rs 35-38 lakhs ex-showroom India, as per the Autocar India article and various dealer sources, can in no way be termed as justified. Do not forget, that a vast majority of parts will be from the common parts bin and shared, globally, between all vehicles and derivatives based on the Toyota IMV platform which underpins the HiLux, Fortuner and an assortment of models and variants across the world. Hence "part piece cost" to Toyota is even lower as it is amortised over large volumes. A reasonable "guess-timate"; I am sure, will put the HiLux BOM,(Bill of Materials), Cost for the Indian model somewhere in the region of Rs 10 odd lakhs, keeping in mind all CKD levies, taxes, overheads etc. The balance amount that Toyota is charging can best be summed up by quoting the lyrics from Pink Floyd's evergreen hit, "MONEY": "....Money, it's a gas, Grab that cash with both hands and make a stash; A new car, caviar, four star daydream; Think I'll buy me a football team Money, well, get back I'm all right Jack, keep your hands off of my stack" For Toyota, well, I guess, again to quote the legendary Mark Knopfler and lines from his song: "Money For Nothing" "...Now look at them yo-yos, that's the way you do it You play the guitar on the MTV That ain't workin', that's the way you do it Money for nothin' and your chicks for free" ![]() Toyota will surely be laughing all the way to the bank! ![]() Last edited by arjab : 25th January 2022 at 19:24. |
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![]() | #396 | |
BHPian Join Date: Oct 2020 Location: Pune
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https://aseannow.com/topic/435479-ta...s-in-thailand/ | |
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![]() | #397 |
BHPian ![]() Join Date: Apr 2008 Location: Roaming
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| ![]() No clue on what is being heard and read by members here, booked by paying 1 lakh to esprit toyota noida. Sales rep has said it should be OTR 35 lakhs for the top end auto, on being asked are you sure, he replied it wont be more then the entry level Fortuner in all estimates , then again he may be wrong. Also he said said full amount refundable on cancellation. I clearly mentioned that anything above 35 Lakh OTR and i walk away, also they have almost negligible bookings. Last edited by Born 2 Be Wild : 25th January 2022 at 22:41. |
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![]() | #398 | |
Senior - BHPian ![]() Join Date: Jan 2010 Location: Thiruvanthapuram
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For example, the top most variant of the Innova costs 32 lakhs in Thailand. We get it for 25 lakhs ex showroom and after taxes costs the same as Thailand. Also our base petrol variant of the Innova costs 5-6 lakhs cheaper than the Thai version. We get a much bigger engine (2700cc vs 2000cc), more modern infotainment while losing out on four airbags. Same with the Fortuner, though they also have the 2.4l option. | |
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![]() | #399 |
Senior - BHPian ![]() Join Date: Jul 2008 Location: in a Toyota!
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| ![]() To sum up Hilux in words of Top Gear. Toyota's Hilux Pick-up walks the tight rope between "Lifestyle Cool Image" and "Hard-as-nails Utility Vehicle"! |
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![]() | #400 | |
Senior - BHPian ![]() Join Date: Mar 2020 Location: Bangalore
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Personally, I would like to see this segment grow. As few have pointed out in this thread, Indian families are far far away from embracing a life style pick up as a family car. Hence the "richer life" positioning by Toyota. If Mahindra could move the Thar from niche to mainstream, so can Toyota with Hilux. Last edited by Bibendum90949 : 27th January 2022 at 09:18. | |
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![]() | #401 | |
BHPian Join Date: Sep 2007 Location: Noida
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I feel Hilux as a product is as futile as the lame advertising "richer life" campaign is. It can be a showcase for the tough and rough image that Fortuner has developed for Toyota, but little else. Think Toyota may have been better off launching the Rav4 in the ~30 lakh range, now that there is some excitement in that segment, and given Fortuner prices have gone up north. But i also hope Toyota proves me wrong ![]() Last edited by achyutaghosh : 27th January 2022 at 12:24. | |
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![]() | #402 |
Senior - BHPian ![]() Join Date: Mar 2020 Location: Bangalore
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What I meant by mainstream Toyota is Innova, Fortuner etc, notwithstanding the price brackets. They surely don't want Hilux to enter and stay as niche. The whole setting up with all these marketing stunts point to that. |
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![]() | #403 |
Senior - BHPian ![]() Join Date: Mar 2020 Location: Bangalore
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| ![]() An Overdrive interview with the Toyota chief engineer on Hilux. Mods: Please do delete the post if this has been shared here before. I went back few pages and didn't find them. |
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![]() | #404 |
Senior - BHPian Join Date: Aug 2009 Location: Trivandrum
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| ![]() Toyota has intentionally kept the price a secret. They are trying to gauge how many people will book the Hilux even without checking the price. So I think the price is still being decided (based on number of bookings). Hope this one doesn't end up like the Yaris. Last edited by jinojohnt : 28th January 2022 at 09:57. |
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Senior - BHPian ![]() Join Date: Mar 2020 Location: Bangalore
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| ![]() A pretty good account of how Isuzu V Cross and Hilux stack up against each other. https://www.topspeed.in/stories/cars...59378.amp.html Quote:
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