TOYOTA Yaris “National Duckling” even iRent loves to use it for the last 4 days to suspend production and start a panic buying wave- This Weekly

2023-06-27 04:13:31

The “Taiwan national small car” TOYOTA Yaris, with an entry price of only NT$600,000, will be discontinued at the end of June. Due to the depreciation and low maintenance costs of this model, the news of the discontinuation not only attracts consumers to buy it, but also domestic car rental companies. Manufacturers are also scrambling to place orders, so the Yaris production quota may be sold out ahead of schedule.

The TOYOTA Yaris under Hetai Automobile (2207) is an entry-level car preferred by many people. Not only is it affordable at NT$600,000, but it is also relatively small and easy to drive without burden.

In addition, the quality of Yaris cars is stable, and the depreciation and maintenance costs are relatively low, which is also quite cost-effective for car rental companies.according to“United Daily News”He pointed out that taking iRent, which is popular among young people as a commuter car, as an example, a large number of Yaris are used as taxis. Because of the short mileage, high rental efficiency, and low price per car, it can be sold following collecting the rent. Make another profit from second-hand prices.

However, TOYOTA Yaris, known as “Taiwan’s national car”, is regarding to stop production at the end of June; following the news came out, Yaris can still sell more than 1,200 units per month, and it is even more popular. Before the end of production, it still attracts many consumers , The leasing industry is rushing to buy, and the Yaris production quota may be sold out in advance.

After the production of TOYOTA Yaris was discontinued, only KIA Picanto, Mitsubishi Colt Plus, Mahindra KUV100 and TOYOTA Vios remained among the 600,000-class cars.

ETtoday》According to reports, in order to fill the price gap, Hetai Auto is expected to intend to introduce a new car model “Yaris Cross” to replace it in the third quarter. Since it will be localized, the price may fall in the range of 600,000 to 750,000. Consumers may look forward to it.

▲TOYOTA Yaris Cross is expected to debut in localization in the third quarter of 2023. (Image source: flipped from TOYOTA)

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