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Overview
The Toyota Alphard is an Executive MPV built around seven-seat luxury rather than maximum seat count. In AH40 form, launched in 2023, Malaysia gets the 2.4 Executive Lounge, a petrol automatic with a 2,393 cc engine and 274 hp. It suits buyers who want the big Toyota VIP-lounge formula, priced from RM548,000.
Alphard in 2026 — what's new
For 2026, the Alphard carries on unchanged. Toyota’s Malaysia MPV activity centres on the Vellfire Hybrid and the wider luxury MPV fight, not a new Alphard variant. The current Alphard range remains simple: one AH40 2.4 Executive Lounge, with seven seats, petrol power and a conventional automatic gearbox.
Variant (1)
RM548,000 · est. from RM5,595/mo
Key specs
- Horsepower
- 274 hp
- Torque
- 430 Nm
- Capacity
- 2,393 cc
- Rated Economy
- 9 L/100 km
- Transmission
- Conventional Automatic
- Driveline
- Front Wheel Drive
- Seats
- 7
- Boot Space
- 510 litres
- Airbags
- Driver and Passenger, Front Side, Front and Rear Curtain
Colours
across the range — availability varies by variant
- Black Metallic
- Platinum White Pearl Pearl
- Precious Leo-Blond Metallic
- Precious Metal Metallic
Verdict
The Alphard’s appeal is deliberately narrow: it is a large, seven-seat Executive MPV for buyers who want Toyota’s VIP-lounge formula. The AH40’s TNGA GA-K base is shared with the Vellfire, but the Alphard costs more than the GWM Wey G9, Zeekr 009, GAC M8, Mercedes-Benz EQV and Toyota Vellfire entry prices. Buy it for the Alphard nameplate and single-spec simplicity, not a price advantage.
Used cars for sale
Browse all used listings →Buying a new Alphard? Sell your old car, get paid in 24 hours
Toyota Alphard sales in Malaysia
8,243 registered so far in 2026 — Malaysia's #14 best-selling model this year.
Full Alphard sales data, month by month →Toyota Alphard resale value
What a used Alphard holds of its price, by registration year: the trade-guide value insurers and dealers reference, and the price the market typically asks.
Toyota Alphard
Market average
| Year | Trade guide | Typical asking | Dealer sold | Holds |
|---|---|---|---|---|
| 2026 | RM548,000 | — | — | 100% |
| 2025 | RM410,800 | — | — | 80% |
| 2024 | RM331,600 | RM373,800 (5) | — | 73% |
| 2023 | RM294,800 | RM228,850 (14) | — | 45% |
| 2022 | RM268,250 | RM179,400 (28) | — | 37% |
| 2021 | RM269,700 | RM170,800 (95) | — | 33% |
| 2020 | RM259,600 | RM165,800 (110) | RM178,800 | 32% |
| 2019 | RM220,300 | RM158,800 (81) | RM180,300 | 31% |
| 2018 | RM172,150 | RM143,800 (125) | RM154,550 | 30% |
| 2017 | RM166,150 | RM125,000 (67) | — | 27% |
Trade-guide and market listing data, West Malaysia. Actual prices vary with condition, mileage and variant; "holds" compares against that year's new price.
Generations
Rivals to consider
same class, similar money
Toyota Alphard FAQ
How much is the Toyota Alphard in Malaysia?
The Toyota Alphard costs RM548,000 in Malaysia for the sole AH40 2.4 Executive Lounge variant.
What do you get in the Toyota Alphard?
The Alphard 2.4 Executive Lounge gets seven seats, a 2,393 cc petrol engine with 274 hp and a conventional automatic gearbox. It sits on Toyota’s TNGA GA-K platform.
How many Toyota Alphard variants are sold in Malaysia?
One: the 2.4 Executive Lounge. There is no lower-priced or higher-priced Alphard variant in the current Malaysian range.
Is the Toyota Alphard cheaper than its MPV rivals?
No. It is priced above the GWM Wey G9, Zeekr 009, GAC M8, Mercedes-Benz EQV and Toyota Vellfire entry prices in the Executive MPV class.
