Prado Car Price in Bangladesh

The Toyota Prado, a luxurious and powerful SUV, has captured the hearts of car enthusiasts worldwide, and Bangladesh is no exception. With its elegant design, robust performance, and advanced features, the Prado has become a symbol of prestige for many buyers in the country. 

In this article, we will delve into the different models of the Prado available in Bangladesh, highlighting their prices in BDT (Bangladeshi Taka), and explore some unofficial markets where prospective clients can find these sought-after vehicles.

Toyota Prado Models and Prices in Bangladesh

Several models of the Toyota Prado have been available in the Bangladeshi market. The prices of these models may vary depending on factors such as manufacturing year, features, condition, and the source of the vehicle. Here are some of the popular 

Toyota Prado TX 2.7L

• Year: 2015-2018
• Price: BDT 1,80,00,000 – BDT 2,00,00,000

Toyota Prado TXL 2.7L

• Year: 2017-2020
• Price: BDT 2,10,00,000 – BDT 2,40,00,000

Toyota Prado TXL 4.0L

• Year: 2016-2020
• Price: BDT 2,50,00,000 – BDT 2,80,00,000

Toyota Prado VXL 4.0L

• Year: 2018-2020
• Price: BDT 2,90,00,000 – BDT 3,20,00,000

Toyota Prado VX 4.0L 

• Year: 2019-2021 
• Price: BDT 3,30,00,000 – BDT 3,60,00,000

Toyota Prado TZ-G 4.6L 

• Year: 2020-2022 
• Price: BDT 3,80,00,000 – BDT 4,20,00,000

Toyota Prado TRD 4.0L 

• Year: 2021-2023 
• Price: BDT 4,50,00,000 – BDT 4,80,00,000

Toyota Prado Special Edition 4.0L 

• Year: 2022-2023 
• Price: BDT 5,00,00,000 – BDT 5,50,00,000

Toyota Prado GR Sport 4.0L 

• Year: 2023 
• Price: BDT 6,00,00,000 (estimated)

Please note that prices are approximate and may vary based on market conditions and individual vehicle specifications.

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Unofficial Markets for Prado Car Purchases

While official dealerships are the primary and most reliable source for purchasing brand-new Toyota Prado vehicles, some prospective buyers might be interested in exploring unofficial markets to find used or imported Prado models at potentially lower prices. 

Here are some unofficial avenues where clients can look for Prado cars:

Reconditioned Car Dealerships

Reconditioned car dealerships, also known as “recon” dealers, often offer used Prado models imported from countries like Japan, Singapore, or the United Arab Emirates. 

These vehicles are thoroughly inspected, reconditioned, and brought up to excellent working condition before being put up for sale. The prices of reconditioned Prados are relatively lower than brand new models, making them an attractive option for budget-conscious buyers.

Online Marketplaces

The rise of e-commerce platforms has revolutionized the way people buy and sell cars. Online marketplaces such as Bikroy.com, Carmudi, and ClickBD provide a diverse range of vehicles, including Toyota Prado models. 

Buyers can browse through various listings, communicate directly with sellers, and negotiate prices. However, it is crucial to exercise caution when dealing with online transactions and thoroughly inspect the vehicle before making any payment.

Auction Houses

Auction houses offer another avenue for purchasing used Prado cars. These auctions may feature both reconditioned vehicles and those directly imported from other countries. 

Prices at auctions can be competitive, and buyers must have a good understanding of the vehicle’s condition and market value before participating in bidding.

Personal Import

Some clients prefer to personally import Prado cars from countries where they are more readily available or at a lower cost. However, this process involves navigating various legal procedures, customs regulations, and import taxes. 

It is advisable to seek guidance from customs agents or import specialists to ensure a smooth and lawful transaction.

Factors Influencing Prado Prices in Bangladesh

The price of a Toyota Prado in Bangladesh can be influenced by various factors that potential buyers should consider. These factors may include:

Manufacturing Year: The manufacturing year of the Prado car plays a significant role in determining its price. Generally, newer models with the latest features and technology are priced higher compared to older versions.

Mileage: The mileage of a used Prado can impact its price. Vehicles with lower mileage are often priced higher as they are perceived to have less wear and tear.

Condition: The overall condition of the Prado, both interior and exterior, affects its value. Prados in excellent condition with well-maintained interiors and minimal cosmetic damage tend to command higher prices.

Optional Features: Some Prado models come with additional optional features, such as premium audio systems, sunroofs, leather seats, and advanced safety technologies. These extra features can contribute to a higher price tag.

Supply and Demand: The demand for Toyota Prado vehicles in the Bangladeshi market can influence their prices. If there is a high demand and limited supply of a particular model, its price may increase accordingly.

Tips for Negotiating Prado Prices

Negotiating the price of a Prado can be a daunting task for some buyers. Here are some helpful tips for negotiating a better deal:

Research Market Prices: Before entering negotiations, conduct thorough research on the current market prices of the specific Prado model you’re interested in. This knowledge will give you a better understanding of what constitutes a fair price.

Point Out Flaws: If you notice any imperfections or issues with the vehicle during the inspection, use them as leverage to negotiate a lower price. Repairs or maintenance required may justify a discount.

Be Willing to Walk Away: Demonstrating that you are willing to walk away from the deal can put pressure on the seller to offer a more competitive price.

Cash vs. Financing: If you can pay in cash, sellers might be more inclined to negotiate a lower price, as it eliminates the risk of payment defaults associated with financing.

Bundle Deals: If the seller offers additional accessories or services with the Prado, consider negotiating for a bundle deal to get more value for your money.

Future Outlook for Prado Prices

The future outlook for Toyota Prado prices in Bangladesh depends on various economic and market factors. As the automotive industry evolves and new models are introduced, the prices of existing models may fluctuate.

Inflation and Currency Exchange Rates: Inflation and fluctuations in currency exchange rates can impact the pricing of imported Prado models, as they are often subject to global market conditions.

Demand and Popularity: The demand for Prado cars in Bangladesh will continue to influence their prices. As the vehicle gains popularity or new models are introduced, prices may adjust accordingly.

Government Policies: Changes in government policies, such as import regulations and taxes, can have an impact on the pricing of Prado cars, especially for vehicles brought in from overseas.

Technological Advancements: The introduction of newer, more advanced Prado models may affect the prices of older models as buyers may prefer the latest features and technology.

Environmental Concerns: As environmental awareness grows, there may be a shift in demand towards eco-friendly vehicles, potentially affecting the demand and pricing of traditional internal combustion engine Prados.

Maintenance and Resale Value

When considering the price of a Toyota Prado in Bangladesh, it’s essential to factor in maintenance costs and the potential resale value of the vehicle. Prados are known for their reliability and durability, but regular maintenance is crucial to keep the car running smoothly.

Maintenance Costs: Prado is a high-end vehicle, and its maintenance costs can be relatively higher than smaller, more affordable cars. Routine services, oil changes, tire replacements, and other maintenance expenses should be considered when budgeting for the vehicle.

Authorized Service Centers vs. Local Mechanics: Prado owners have the option of getting their vehicles serviced at authorized Toyota service centers or choosing local mechanics. While authorized centers provide expert technicians and genuine parts, local mechanics may offer more budget-friendly options. However, it’s important to ensure that quality is not compromised when choosing a service provider.

Resale Value: Toyota Prado’s reputation for reliability and the brand’s strong presence in Bangladesh contributes to its favorable resale value. Well-maintained Prado models can retain a significant portion of their original value over the years, making them a sensible investment for buyers who plan to resell the vehicle in the future.

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Considerations for Importing Prado Models

For some car enthusiasts in Bangladesh, importing Prado models directly from other countries may seem appealing due to the availability of specific trims or lower prices. However, there are several essential considerations before opting for this option.

Import Taxes and Duties: Importing a Prado entails paying import taxes, duties, and other associated fees. 

These costs can significantly increase the overall price of the vehicle, and potential buyers must calculate these expenses beforehand to avoid surprises.

Legal Regulations: Importing a vehicle requires adherence to legal regulations and standards set by the Bangladeshi government. Buyers should ensure that the imported Prado complies with all safety and environmental standards to avoid legal issues.

Warranty and After-Sales Support: Unlike buying from an authorized dealership, importing a Prado may not come with a manufacturer’s warranty or after-sales support. It’s crucial to understand the implications of purchasing a vehicle without warranty coverage.

Vehicle History and Inspection: Prospective buyers should conduct a thorough inspection of the imported Prado to ensure it is in good condition. Requesting the vehicle’s history report can provide valuable information about its previous ownership, accidents, and maintenance records.

Reputed Importers: If choosing to import a Prado, buyers should opt for reputable importers or work with customs agents experienced in handling vehicle imports. This reduces the risk of dealing with unscrupulous sellers or encountering unexpected complications during the importation process.

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Our Take

Owning a Toyota Prado in Bangladesh is a symbol of luxury, comfort, and prestige. The availability of different models and price ranges provides prospective buyers with a variety of options to choose from. While official dealerships offer brand-new Prados with the assurance of quality and after-sales support, unofficial markets can be explored by those seeking more budget-friendly options or unique models from overseas.

Regardless of where one decides to purchase a Prado, it is essential to conduct thorough research, inspect the vehicle’s condition, and if necessary, seek expert advice to make an informed decision. Whether cruising through city streets or exploring rugged terrains, the Toyota Prado promises a driving experience that will undoubtedly captivate the hearts of Bangladeshi car enthusiasts for years to come.

Frequently Asked Questions

1. What is the average price of a Toyota Prado in Bangladesh?

The average price of a Toyota Prado in Bangladesh varies based on factors such as model year, condition, and optional features. As of 2021, the price range for used Prado models typically starts from around BDT 1,80,00,000 to BDT 3,20,00,000 for more recent versions with advanced features.

2. Are there any additional costs to consider when buying a Toyota Prado in Bangladesh?

Yes, besides the actual purchase price, buyers need to consider additional costs such as registration fees, insurance, and taxes. Additionally, if purchasing a Prado from an unofficial market or importing the vehicle, import duties, and customs fees should also be taken into account.

3. Where can I find the best deals on Toyota Prado cars in Bangladesh?

The best deals on Toyota Prado cars can often be found at authorized Toyota dealerships, where you can get brand new models with warranties and after-sales support. For more budget-friendly options, buyers can explore reconditioned car dealerships and online marketplaces, but it’s crucial to conduct proper inspections and ensure the vehicle’s authenticity and condition.

4. Do Prado car prices fluctuate frequently in Bangladesh?

Prado car prices in Bangladesh can be subject to fluctuations due to various factors like changes in import regulations, currency exchange rates, and market demand. Additionally, the introduction of new models or advancements in the automotive industry can also impact prices over time.

5. Is it worth considering importing a Toyota Prado from another country?

Importing a Toyota Prado from another country can offer access to specific trims or potentially lower prices, but it comes with several considerations. Import taxes, duties, legal regulations, and the lack of manufacturer’s warranty and after-sales support should all be carefully assessed before deciding to import a vehicle. Working with reputable importers or customs agents can mitigate some of the risks associated with vehicle importation.