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Toyota announces price drops for Toyota and Lexus models

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Khatir Soltani
Toyota Canada has just published the list of 16 models that will benefit from a reduction of the MSRP (manufacturer suggested retail price). The reductions range from $750 to $8,100.

Here is the list:

Model
Old MSRPNew MSRPReduction
2008 Toyota Yaris Hatchback
$13,915
$13,165
$750
2008 Toyota Yaris Sedan
$14,695
$13,945
$750
2008 Toyota FJ Cruiser
$30,725
$29,725
$1,000
2008 Toyota Highlander Hybrid
$42,825
$41,075
$1,750
2008 Toyota Avalon
$41,840
$39,840
$2,000
2008 Toyota RAV4
$29,400
$27,400
$2,000
2008 Toyota 4Runner
$40,580
$38,560
$2,020
2008 Toyota Tacoma
$22,760
$20,470
$2,290
2008 Toyota Sienna
$31,750
$29,400
$2,350
2008 Toyota Highlander
$39,650
$36,900
$2,750
2008 Lexus ES
$42,900
$39,900
$3,000
2008 Lexus IS (manual)
$36,550
$31,900
$4,650
2008 Lexus LS
$92,400
$85,800
$6,600
2008 Lexus SC
$93,250
$86,100
$7,150
2008/2009 Lexus RX
$51,550
$44,350
$7,200
2008 Lexus GX
$76,600
$68,500
$8,100

photo:Toyota
Khatir Soltani
Khatir Soltani
Automotive expert
  • Over 6 years experience as a car reviewer
  • Over 50 test drives in the last year
  • Involved in discussions with virtually every auto manufacturer in Canada