Wednesday 27th March

Toyota confirms UK pricing for new GR Yaris

£10k price rise for Toyota's hot hatch hero - and the special editions are £60k...

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Don’t say you weren’t prepared. It was always unlikely, however hard we hoped, that the new 280hp GR Yaris would stay priced at the current 261hp car’s level. Something nearer £40k seemed likely. We probably weren’t expecting this, however: the new GR Yaris is £44,250. 

That’s not speculation, either, or kitted out with every option; that’s the OTR price for a six-speed manual car. There isn’t a configurator yet, but obviously you can expect to pay more for particular paints and other add-ons. The intriguing eight-speed auto adds £1,500 to the RRP, meaning £45,750. And to think the Civic Type R seemed a lot. 

Toyota says that very few GRs will be available for 2024, with a process now in place ‘to help ensure fairness’ on allocation like it’s a track-only Ferrari. Basically, those who already have a turbo triple Yaris or who joined the waiting list before May 2022 will now be given the chance to enter a ballot to buy from the batch of 2024 cars. For a Toyota Yaris - still seems mad. More details are coming on that for buyers in May. 

That’s assuming they want a plain old GR, that is, because the UK will also be getting the Ogier and Rovanpera Editions. You can read all about those here, with the important extra detail today being that both will cost £60,000. One for the die-hards and collectors, then. Both are manual only, and numbers haven’t yet been confirmed. But don’t expect there to be very many. Despite the whopping price hike, Toyota reckons the GR will be ‘one of the most in-demand new cars of 2024’ - they probably aren’t wrong there. Expect the cars on the road later in the summer. And demand for those sub-£30k cars in the classifieds to soar…

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• 2024 Toyota GR Yaris | PH (Snow) Review
• GR Yaris wins best hot hatch of last 25 years 

[fantheman80]

Not surprised at all and predicted it would start with a 4.

If it goes anything like the FL5, flippers will get one thinking the limited demand will mean people will pay a premium, only to see people wait for their allocation, and the dealers who do buy them back can’t shift them for toffee cos the pcp APR on second hand cars is Lilly savage, and after a year and a bit the limited supply isn’t that bad after all and you can get one with a dealer discount

Edited by fantheman80 on Tuesday 26th March 19:46

[Terminator X]

Is that £15k more than the old one? Punchy

TX.

[Hairymonster]

This? Or lightly used BMW M3 on a 68 plate with 15k miles for £41,500?

Tough one.

[AllyM]

And every single one will sell.

[9k rpm]

Quite surprised by the price however I’m sure people will pay it especially if the PCP rates are good.

I’m quite tempted towards a gen 1 although be interested to see what this new high price version does to their used values.

[ecsrobin]

AllyM said:

And every single one will sell.

This.

[BenS94]

This is.... quite frankly insane.

As is the (from 1st April, though sadly not a fools) almost 6 years of full fat tax at £685 I think it is now.

Edit: it's £190 plus £390, the latter dropping off in the sixth year. Still £580. For a Yaris.

Edited by BenS94 on Tuesday 26th March 19:55

[AlphaDelta]

“Despite the whopping price hike”

Otherwise known as inflation adjusted price + a small additional increase for the facelift upgrades.

[Ken_Code]

I’ll be applying in the ballot. Probably for the basic one.

[9k rpm]

AlphaDelta said:

“Despite the whopping price hike”

Otherwise known as inflation adjusted price + a small additional increase for the facelift upgrades.

Inflation isn’t 30%.

[AlexHat]

Terminator X said:

Is that £15k more than the old one? Punchy

TX.

If you put the £34k the Circuit pack started at back in 2020 into an inflation calculator, it ends up about £41k in today's money.

£44k then doesn't feel too much of a jump when you consider its a facelift, new (worse IMO) interior and Toyota lost money on each of the MK1's sold.

Still, too much for me, especially seeing as it now attracts the £570 a year 'Luxury premium' VED. Would love to see the finance deals on one though, when it first came out 4 years ago you could get a Circuit pack for ~£300 a month.

[fantheman80]

Still….could be worse, in France the base model will cost you £74,570 or 86k euros due to the c02 penalty I learnt about on these very pages recently

[Mad Maximus]

I wish our wages were anything close to this sort of staggering inflation. Fortyfivegrand lol.

[CountyAFC]

Is that what the dashboard of £45k car looks like?

[ecsrobin]

Mad Maximus said:

I wish our wages were anything close to this sort of staggering inflation. Fortyfivegrand lol.

Could always get an Astra.

[ChocolateFrog]

Residuals are going to stay firm then for the old one.

Psychologically the difference between 33 and 44 feels huge.

I think they'll be discounting personally once everyone who absolutely had to have an automatic has got one.

Funny how inflation works, my salary is the same as it was in 2020.

[Unreal]

Have a look at what £44K will buy you elsewhere.

Maybe start with a Golf R then for sts and giggles the Hyundai Ioniq.

[ecsrobin]

ChocolateFrog said:

I think they'll be discounting personally once everyone who absolutely had to have an automatic has got one.

Funny how inflation works, my salary is the same as it was in 2020.

No chance. About 5,000 owners in the UK and the waitlist was about the same so that’s 10,000 people able to enter the ballot, take out those that can’t/wont pay the price, don’t want the car or wrong time then even a small percentage who go for it will likely exceed supply if the rumoured 400 or so cars for 2024 is to be believed.

[ChocolateFrog]

ecsrobin said:

ChocolateFrog said:

I think they'll be discounting personally once everyone who absolutely had to have an automatic has got one.

Funny how inflation works, my salary is the same as it was in 2020.

No chance. About 5,000 owners in the UK and the waitlist was about the same so that’s 10,000 people able to enter the ballot, take out those that can’t/wont pay the price, don’t want the car or wrong time then even a small percentage who go for it will likely exceed supply if the rumoured 400 or so cars for 2024 is to be believed.

Is it 2024 and that's it then? No more.

[AlphaDelta]

9k rpm said:

AlphaDelta said:

“Despite the whopping price hike”

Otherwise known as inflation adjusted price + a small additional increase for the facelift upgrades.

Inflation isn’t 30%.

Using the BoE inflation calculator the £34375 from 2020 is £41,810 in todays prices. Add £2.5k for the upgrades it’s not that much of a stretch given the additional weald points, engine internals and cooling upgrades.