Toyota says that it is increasing prices on most of its Toyota, Lexus and Scion models for the rest of the 2011 model year.Toyota announced today that most of its lineup will see sticker prices increase anywhere from $200 to $900, effective immediately. The hikes represent a 0.4 to 2.2 percent increase over existing list prices for its Toyota, Lexus and Scion vehicles.
The smallest increase comes on the Scion xD five-door, which sees a $65, or 0.4 percent, bump to $15,110.
At the opposite end of the spectrum, the Toyota Land Cruiser and Toyota Sequoia both see their list prices increase by $900, which represents a 1.3 percent increase on the Land Cruiser and anywhere from 1.5 to 2.2 percent for the Sequoia, depending on trim level. Land Cruisers start at $68,020 and Sequoia range from $40,030 to $60,405 after the increase.
Toyota's mainstream models, the Camry and Corolla, see increases of $375 and $300, respectively.
Lexus models see the biggest price jumps, although their higher MSRPs make the percentage increases smaller. The IS sedan range sees prices increase $650, or 1.6 to 2 percent, depending on trim, while the GS 450h, LS and LX 570 all feature the same $900 jump.
Not every Toyota product has been subjected to the price increases, however. The Toyota Tacoma and Yaris sedan, Scion tC and xB and Lexus CT 200h and LFA (which is a 2012 model) stand pat.
Mid-year price hikes are a normal way for automakers to reel in increasing materials and assembly prices. Toyota has not said whether the earthquake in Japan has had any affect on its MSRP bumps.