Toyota passes on luxury car tax savings to consumers
Jul 2, 2015 By Toyota Australia.
Australian automotive market leader Toyota has moved to pass on benefits to its customers by reducing the recommended retail prices of four of its models affected by the new threshold for the Luxury Car Tax.
The LCT threshold increased by $1300 on July 1 to $63,184 affecting four Toyota models ? Kluger Grande, Prado VX and Kakadu, LandCruiser 200 and Tarago Ultima.
Toyota has adjusted the price of 15 variants within the four models, passing a saving to the customer of $390 for all but one of the vehicles. The exception ? the 2WD Toyota Kluger Grande, which now falls below the Luxury Car Tax threshold ? has been reduced by $377.
Toyota?s executive director sales and marketing Tony Cramb said the reductions were consistent with Toyota?s position on providing the best possible customer experience.
?Toyota is focused on building on a reputation that has seen Toyota repeatedly named Australias most trusted automotive company,? Mr Cramb said.
?Passing on benefits resulting from the changes to the Luxury Car Tax threshold is a natural step.?
The new pricing structure is effective from July 1, concurrent with the LCT threshold increase.