Toyota raises prices on 2012 Corolla, Tundra, Lexus models
DETROIT -- Toyota Motor Corp. released 2012 model prices for a number of vehicles, including the Corolla and Matrix compacts, Tundra pickup, and Venza and Highlander crossovers.
Prices vary with vehicle grade, engine size, transmission type and drivetrain.
The company said the price of its 2012 Corolla models increased between 1.2 and 1.8 percent. Including a $760 delivery charge, the Corolla will be priced between $16,890 and $19,580.
The price of the 2012 Tundra regular cab pickup increased between 2.4 and 3 percent, but the truck will come standard with features that include 18-inch styled steel wheels, windshield wiper deicer, daytime running lights, front and rear mud guards and heated power outside mirrors.
The truck will be priced between $26,130 and $31,655, including a $975 delivery fee.
Toyota also increased its Tundra Double Cab and CrewMax models $250 a unit. Consumers can expect to pay between $28,340 and $42,035 for the Double Cab or between $31,310 and $44,570 for a CrewMax. The prices include delivery.
Toyota's Venza crossover will come in three trim levels for 2012: LE, XLE and Limited, the automaker said.
Including an $810 delivery fee -- up from $760 -- the Venza will be priced between $28,235 and $38,725. Most of the models decreased in price and those that increased did so by less than 1 percent, the company said.
The Venza Limited will be available only with a V-6 engine and adds a JBL Navigation system, panoramic glass roof with front power moonroof and high-intensity discharge headlights with automatic high beams that will detect an oncoming vehicle and switch to low-beam light accordingly.
The only vehicle that did not change in price is the 2012 Matrix, which will have two model grades, two powertrain offerings and available all-wheel drive, the company said.
Its price will continue to range between $19,605 to $22,475 depending on the grade and transmission and including a $760 delivery fee.
Toyota also announced new pricing for three other vehicles, all of which include an $810 delivery fee. The FJ Cruiser will be priced between $26,925 and $28,515; the Toyota Highlander between $29,050 and $38,005; and the Highlander Hybrid between $39,350 and $45,005.
Some Lexus vehicles will also see price increases of $500, the company said.
Lexus LS 460 models for 2012 will be priced between $68,505 and $76,355, or $113,625 for the LS 600h L model.
The Lexus CT 200h remained unchanged for 2012, priced at $29,995, also including an $875 delivery fee.
All prices are expected to take effect when production begins on Dec. 5.