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Sold out for 2023 in Malaysia: 1-year waiting period for AH40 2023 Toyota Alphard and Vellfire, still shorter than Japan

Hans · Jul 31, 2023 12:42 PM

Sold out for 2023 in Malaysia: 1-year waiting period for AH40 2023 Toyota Alphard and Vellfire, still shorter than Japan 01

  • One year waiting period for AH40 generation Toyota Alphard and Toyota Vellfire in Malaysia
  • Japan has an almost two-year waiting period
  • Lightly used AH40 Alphards and Vellfires are being auctioned in Japan for 2x to 4x the new car’s selling price

The new generation Alphard and Vellfire have been a bit too successful. Dealers in Japan are forced to stop taking any more orders because the waiting period for the AH40 generation Alphard and Vellfire twins is reaching almost 2 years.

Sold out for 2023 in Malaysia: 1-year waiting period for AH40 2023 Toyota Alphard and Vellfire, still shorter than Japan 02

Over in Malaysia, the situation is not as severe. Toyota dealers in Malaysia are still collecting orders for the AH40 generation 2023 Toyota Alphard and Toyota Vellfire but there are no display cars at dealers, that’s because every single available unit of the extremely-high-in-demand minivan that UMW Toyota Motor managed to wrestle away from other Toyota distributors in the region is already sold.

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If you place an order for one today, you have to wait around 12 months to get your Alphard / Vellfire, which is still shorter than the almost 2-year waiting period for Japan.

Sold out for 2023 in Malaysia: 1-year waiting period for AH40 2023 Toyota Alphard and Vellfire, still shorter than Japan 01

Yes, despite the seemingly long waiting period, Toyota Motor is prioritizing buyers in export markets over their own fellow Japanese customers.

Of course, the allocation given to Malaysia is a very small number. Given its price, the Alphard-Vellfire twins are obviously not volume sellers. The previous AH30 generation used to sell at low double digit figures every month (selling several hundred units annually), which is also why Toyota Motor can divert a small number of cars to Malaysia.

Sold out for 2023 in Malaysia: 1-year waiting period for AH40 2023 Toyota Alphard and Vellfire, still shorter than Japan 02

This huge gap in demand versus supply is also turning resale values upside down. Used car dealers and car exporters (servicing parallel importers in Southeast Asia) are offering Japanese buyers who have taken delivery of their AH40 Alphards and Vellfires to sell their cars for 2x the new car’s selling price. One unit was even listed for 4x the new car’s price.

The all-new AH40 generation Toyota Alphard now sells for in Malaysia with an estimated price of RM 538,000 for the 2.4-litre turbocharged Alphard and RM 438,000 for the 2.5-litre naturally aspirated Vellfire.

Hans

Head of Content

Over 15 years of experience in automotive, from product planning, to market research, to print and digital media. Garages a 6-cylinder manual RWD but buses to work.

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