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Why is the used price of Toyota “Corolla Cross” soaring? A new car of 3 million yen becomes a used car of 5 million yen!
“Why the Used Toyota “”Corolla Cross”” Soared in Price? New car 3 million yen to used 5 million yen! What is the abnormal situation of the used car market?
Corolla Cross is an “”anomaly”” at 5 million yen
The used car market has been experiencing an overall surge in market prices due to the long delivery times of new cars, and popular models are now priced at a premium that far exceeds new car prices.
The price of popular used cars is at a premium, far exceeding the price of new cars.The popular SUV “”Corolla Cross”” is priced at 5,000,000 yen! A look at the SUVs that are now selling extremely well .
Used car prices far exceeding new car prices… conventional wisdom is no longer valid!
With the recent trend toward longer delivery times for new cars due to the lack of progress in the supply of semiconductors and various other parts, demand has increased as users who were considering new cars now also consider used cars, resulting in an overall surge in the used car market price.
Except for rare limited production models or those with special equipment or history, used cars rarely exceeded the price of new cars. However, such examples are now increasing.
The Toyota Corolla Cross is one such model, with a price tag of 4,899,000 yen at a major used car dealer as of July 22.
This Corolla Cross is a FWD version of the top-end “”Hybrid Z”” grade, which also comes with an optional panoramic roof and a 9-inch display audio system.
Although this is a 2022 model and the interior and exterior are in overall good condition, the mileage is approximately 12,000 km, so it is not a “”like-new”” car.
The price of a new Corolla Cross “”Hybrid Z”” with 2WD specification is 2.99 million yen, and the starting cost including options such as a panoramic roof is about 3.5 million yen.
According to the used car dealer’s representative, this Corolla Cross has no special equipment or history, and is just a general “”used car.
Despite this, the price of this car is about 1.5 million yen more than the new car price.
In the case of major used car dealers, the price of each car is basically determined automatically by the cost of purchasing at auctions for dealers, so the price does not seem to have been set arbitrarily for the purpose of creating a buzz.
In fact, several Corolla Crosses sold at another major used car dealer are priced in the low 4 million yen range, indicating that the overall market price is soaring.
Why the used Toyota Corolla Cross soaring? New car 3 million yen to 5 million yen used! What is the abnormal used car market?
Advantages of Used Cars Go from “”Cheap to Affordable”” to “”Quick to Get””
It is the balance between supply and demand that largely determines the price of used cars.The Corolla Cross is a compact SUV that is popular worldwide and has recorded strong sales in Japan immediately after its launch.
In particular, hybrid vehicles account for the majority of sales in Japan, mainly due to their class-leading fuel economy.
On the other hand, the global shortage of semiconductors and components has been plaguing the automotive industry in recent years, preventing the production of new vehicles from proceeding as planned.
In particular, hybrid vehicles, which require more semiconductors, tend to take longer to deliver than gasoline vehicles, and in Toyota’s case, most of its hybrid vehicles are being delivered in six months or more, or orders are being suspended.
Under these circumstances, the only way to get a Corolla Cross hybrid as quickly as possible is still to rely on the used car market.
However, since there are very few used cars for a relatively new model like the Corolla Cross to begin with, the ones that do appear on the market are literally up for grabs. As a result, the prices of used cars seem to be at a premium, far exceeding the price of new cars.
The highest new car price for a Toyota Land Cruiser (300 series) is approximately 8 million yen, but there are models on the used car market that are priced at close to 20 million yen.
A used car industry insider describes the recent used car market as follows.
A used car is basically a choice made by users who prioritize cost.
To put it another way, the main motivation for choosing a used car was ‘I don’t have the budget to buy a new car.
Recently, however, more and more users are choosing used cars because they can get them quickly.
Since such users do not prioritize “”buying cheap,”” the market price of a near-new car will inevitably rise. This situation is expected to continue until the supply of new cars recovers.
* * *
Unfortunately, there is no prospect of resolving the shortage of semiconductors and other components, and these conditions are likely to continue for the foreseeable future.
Therefore, there is a great possibility that models other than the Corolla Cross will be sold at a premium price that far exceeds the price of a new car.
The current used car market is truly an “”anomaly”” considering the conventional wisdom, but on the other hand, there are many things in society where one can get a car quickly (and receive priority service) in exchange for paying an additional fee.
Until the supply of new cars recovers, the most effective countermeasure may be to adopt this attitude toward used cars as well.
Translated with www.DeepL.com/Translator (free version)”
New Toyota C-HR Unveiling Europe’s Top-Performing Compact SUV with 197HP Power
ByPawaniOn September 29, 2023, Toyota’s German subsidiary made an exciting announcement as they started accepting reservations for the highly anticipated “new C-HR.” This latest addition to Toyota’s lineup is a striking compact SUV that is set to turn heads with its innovative features and unique design.
The C-HR has an interesting history, stemming from the original “TOYOTA C-HR Concept” unveiled at the Paris Motor Show in September 2014. It was later introduced in December 2016 as a “coupe-style compact SUV,” boasting a design closely resembling the initial concept model. It quickly gained popularity in Japan and became a sought-after choice among SUV enthusiasts. However, the first-generation C-HR’s journey in Japan is coming to an end, with production and sales scheduled to conclude in late July 2023. As for the second-generation “new C-HR,” currently announced and exhibited overseas, including in Germany, details about its availability in Japan remain uncertain, and it is expected to be an exclusive overseas model.
The world will get its first look at the new C-HR in Europe on June 26, 2023. The compact SUV boasts a body size of 4,360 mm in length, 1,830 mm in width, and stands at 1,558-1,564 mm in height, making it notably compact for an SUV. The exterior design is inspired by the “C-HR Prologue” concept car released in December 2022, presenting a bold and daring appearance that Toyota describes as a “concept car that can be driven on public roads.”
Moving inside the vehicle, the interior features a sporty and sophisticated finish with a high-quality feel. An exciting addition is the ambient lighting system, which not only adds to the aesthetic appeal but also serves as a safety feature. The ambient light can be selected from a palette of up to 64 colors and can be programmed to change hue with the passage of time, creating a seamless transition from bright daytime colors to soothing evening tones.
The European market, including Germany, will have access to a variety of powertrain options. The German model will offer a hybrid (FF only) with a 1.8-liter engine and an electric motor, delivering a maximum system output of approximately 140 horsepower. Additionally, there will be a 2-liter engine paired with two motors in the front and rear, providing a maximum system output of approximately 197 horsepower. The lineup includes two hybrid types (FF and AWD) and a plug-in hybrid model with a 2-liter engine.
To cater to various preferences, the new C-HR will be available in three different grades: “Team Deutschland,” “Lounge Premiere,” and “GR SPORT Premiere.” “Team Deutschland” will feature both the 140hp hybrid and the 197hp hybrid, “Lounge Premiere” will exclusively offer the 197hp hybrid, while “GR SPORT Premiere” will introduce the PHEV model.
Buyers will also have the option to choose from a selection of seven striking body colors, including Marlin Gray Metallic, Platinum White Pearl, Dark Amethyst Metallic, White, Dark Turquoise Blue Metallic, Carmine Red Metallic, and Silver Metallic.
The starting prices for this exciting compact SUV begin at 38,190 euros, which is approximately 6 million yen, for the base “Team Deutschland” 140 horsepower hybrid version. On the higher end, the top-of-the-line “GR SPORT Premiere” PHEV model comes in at 48,990 euros, translating to around 7.5 million yen. With its unique design, innovative features, and a range of powertrain options, the “new C-HR” is set to make a splash in the German market and beyond. So, don’t miss the opportunity to reserve yours today and be among the first to experience this exceptional compact SUV.
New Suzuki Jimny Long to be unveiled
ByPawaniAuto enthusiasts and Suzuki fans are buzzing with anticipation as rumors circulate about the upcoming debut of the highly anticipated Suzuki Jimny Long, a potential 5-door variant of the iconic Jimny model. According to various Indian media outlets, this new iteration is slated to make its grand entrance on January 13, 2023, in India.
The speculation around the Jimny Long has been rife, leaving many wondering if it will indeed be the game-changing 5-door version that aficionados have been waiting for. The excitement further intensifies with the possibility of a hybrid powertrain making its way into this latest offering.
Though details have been trickling in steadily, one prominent clue suggests that the Jimny Long might not be entirely new to the world. Images of a historical counterpart, the “Gypsy,” a previous incarnation of the Jimny Long that graced Indian roads, have surfaced, igniting curiosity about the new model’s design and features.
Insider sources suggest that Maruti Suzuki, a leading player in the automobile industry, has strategic plans for the unveiling. The Auto Expo 2023, scheduled to be held in Delhi from January 13, 2023, is anticipated to be the stage for the Jimny Long’s global premiere. The event is poised to showcase a total of 16 models, including two SUVs, with speculations pointing towards the Jimny Long being one of the spotlighted vehicles.
A considerable buzz surrounds the powertrain of the Jimny Long. Reports indicate that it could house a 1.5-liter inline four-cylinder engine akin to the current Jimny Sierra. Additionally, intriguingly, there’s talk of a 1.4-liter turbocharged inline four-cylinder engine, reminiscent of the Escudo model, alongside whispers of a potential hybrid system integration.
While initial skepticism enveloped the hybrid possibility, recent information has cast new light on the subject. Suzuki’s purported SUV roadmap for the period between 2022 and 2025 has emerged, raising eyebrows. While the credibility of this roadmap is yet to be confirmed, it tantalizingly highlights a hybrid variant of the Jimny Long listed for 2024, aligned with earlier speculations from foreign media sources.
However, the road to a hybrid Jimny Long isn’t without challenges. Experts raise valid concerns about the system’s development and integration. The intricate layout of a part-time 4WD system poses questions about the accommodation of a hybrid system within the compact frame. This issue is further compounded when considering off-road scenarios and potential battery placement challenges.
Comparisons are drawn to hybrid systems in other vehicles like the Toyota Land Cruiser and Lexus LX, implying the feasibility of hybrid integration even with sub-transfers. Yet, the cost implications for a Jimny Hybrid remain uncertain due to its distinct market positioning.
The conclusive answers to these inquiries are expected to surface at the much-anticipated Auto Expo 2023, where enthusiasts and industry experts alike eagerly await the Jimny Long’s grand reveal.
On a separate note, industry insiders have noted a significant reduction in delivery times for the current Jimny Sierra in Japan. This could signal a strategic move in preparation for the launch of the Jimny Long, which is projected to debut in Japan in 2024.
As the automotive world holds its breath, Suzuki appears poised to make waves with the possible introduction of the Jimny Long, potentially altering the landscape of compact SUVs and hybrid technology.
- kuruma | autonews | Mitsubishi
Mitsubishi will unveil its new light crossover Delica Mini
ByPawaniIn the realm of compact four-wheel drive vehicles, the “Jimny” has long held its place as a prominent contender. However, Mitsubishi aims to rekindle memories and create waves with its anticipated crossover, the “Delica Mini,” set to be unveiled at the Tokyo Auto Salon 2023 in January. This announcement inevitably brings back recollections of the iconic “Pajero Mini,” a vehicle that first graced the roads in 1994.
The echoes of the past resonate as we delve into the history of the Pajero Mini, a compact SUV that continues to linger in enthusiasts’ minds even a decade after its production ceased in 2013.
“Evoking Nostalgia: A Look Back at the Pajero Mini and the Upcoming Delica Mini”
The mere mention of Mitsubishi’s forthcoming “Delica Mini” immediately transports many to the days of the Pajero Mini, a compact SUV that embodied the rugged spirit of its larger Pajero sibling. The Pajero Mini’s design elements, including its robust tires, two-door configuration, rear side-opening back doors, and meticulous details, all echoed the Pajero’s iconic attributes, lending it an identity that resonated with its prestigious moniker.
Emanating the essence of its namesake, the Pajero Mini wasn’t content with just appearances. Emphasizing its off-road capabilities, Mitsubishi equipped it with a built-in ladder frame structure and the innovative “Easy Select 4WD” system. A freewheel mechanism graced the front differential, while an auxiliary gearbox enhanced its prowess on rough terrains, solidifying its reputation as an adept adventurer.
Uncompromising in its dual-purpose nature, the Pajero Mini also demonstrated on-road comfort, distinguishing itself as a lighter city SUV when compared to its counterpart, the Jimny. This adaptability garnered widespread appreciation, positioning it as a personal companion capable of tackling any scenario with ease.
Under the hood, the Pajero Mini sported an unprecedented 4-cylinder, 5-valve turbo or 4-cylinder, 4-valve naturally aspirated engine – an engineering marvel for a compact vehicle. Its diversity extended to an array of editions, including the distinctive “Skipper” and “Duke” models, each with its unique flair, such as the Jeep-like vertical grille and street-inspired embellishments.
The Evolution of a Legend
The Pajero Mini’s legacy continued with the introduction of the “Pajero Junior” in 1995, a smaller version boasting a 1.1-liter engine and over fenders. This, alongside its companions, formed the “Pajero 3 Brothers,” expanding the Pajero family’s horizons.
A pivotal moment arrived in 1998 with the fully remodeled second generation. While preserving the essence of the original, this iteration embraced a refined aesthetic, accentuated by square headlights and thoughtful enhancements. A plethora of stylistic variations, including a more road-oriented 2WD version and the eye-catching “Lynx” model, catered to diverse preferences.
The Pajero Mini’s journey took a new turn in 2008 when Mitsubishi embarked on an OEM partnership, providing the “KIX” to Nissan, which found its way into the market as the “KICKS” in 2020. Notably, the Pajero Junior’s successor, the remodeled 1998 version, assumed the name “Pajeroio,” standing independently with its distinct identity.
A Bittersweet Farewell and Lingering Hopes
Tragically, stringent safety standards paved the path to the Pajero Mini’s discontinuation in 2013. Mitsubishi’s endeavors to meet evolving safety norms faltered, and the cherished compact SUV bid adieu. Subsequently, Mitsubishi left a void in the realm of robust light SUVs, leaving the Jimny to dominate the landscape.
In 2019, even the venerable Pajero four-wheel drive model ceased domestic sales, vanishing from the Japanese market entirely. However, the world’s newfound love for outdoor adventure endures, as evidenced by the popularity of vehicles like the Suzuki Hustler, Daihatsu Taft, and the ever-endearing Jimny.
In light of this outdoor renaissance, the call for the Pajero Mini’s revival grows stronger. Enthusiasts yearn for a compact SUV that can conquer rugged paths with prowess, much like the anticipated Delica Mini, while carrying forth the Pajero legacy.
Although whispers of its return tantalize enthusiasts, Mitsubishi’s lips remain sealed on this matter. The anticipation lingers, but until the official word arrives, enthusiasts across the globe will remain eager, hopeful, and ready to welcome the Pajero Mini back to the spotlight.
- kuruma | autonews | Honda HR-V
Honda HR-V new model, wider than Japanese Vezel? .
“New Honda HR-V, more spacious than Japan’s Vezel? …Interior of the North American specsWednesday, April 13, 2022 8:30 PM
New Honda HR-V (North American spec.)
On April 12, American Honda Motor, the U.S. division of Honda, released new photos of the all-new HR-V (equivalent to the Vezel in Japan). It is scheduled to go on sale in the U.S. market this summer.The new HR-V for North America differs significantly in appearance from the Japanese version of the new Vezel. The front mask of the new HR-V has a honeycomb grille with a large opening in the center. The rear is not equipped with the garnish characteristic of the new Vezel, and the tail lamps are also exclusively designed.
New photos of the new HR-V show the interior and cargo area. According to American Honda, the new model is sporty and versatile, perfect for young, active customers who want ample space and practicality for a fun driving experience and adventurous lifestyle.
In addition, Honda’s new interior design language, “”Simplicity and Something,”” which was first used in the new 11th generation Civic, has been expanded to the new HR-V. The premium cabin is said to be feature-rich and flexible in use, with more comfortable rear seats and a larger cargo area.”
Jeep Renegade Upland 4xe Brings Sustainable Style to Jeep’s PHEV Lineup
Jeep Jeep Renegade Upland 4xe Brings Sustainable Style to Jeep’s PHEV Lineup Jeep Renegade Upland 4xe is a new limited-edition plug-in hybrid SUV that blends eco-conscious design with bold styling. Launched by Stellantis Japan as a special 200-unit edition, this unique model is based on the Renegade Limited 4xe and adds several sustainable and…