
Mercedes-Benz EQV
Launched
RM450,350
Overview
The Toyota Vellfire is a seven-seat Executive MPV for buyers who want a chauffeured-car cabin without moving into a luxury badge. The AH40 generation uses Toyota’s TNGA GA-K base and sits beside the Alphard in Toyota’s large-MPV line-up. In Malaysia, the Vellfire starts from RM448,000.
For 2026, the big update is the Hybrid Electric Executive Lounge, launched in Malaysia with a petrol-electric powertrain, 250 PS, 5.7 l/100 km and Alphard-level kit. The existing 2.5 petrol remains the entry variant, so the current AH40 line-up runs from the 2.5 to the Hybrid Electric Executive Lounge rather than a single petrol-only choice.
RM448,000–RM549,900 · est. from RM4,575/mo
Which variant to buy
Most buyers should start with the 2.5 at RM448,000: it gets seven seats, a 2,494 cc petrol engine and a CVT automatic, with the lower purchase price. The Hybrid Electric Executive Lounge at RM549,900 asks RM101,900 more, so pay the extra only if you want the petrol-electric drivetrain, eCVT automatic, Executive Lounge trim and 2026 hybrid kit. The decision is mainly petrol versus hybrid and trim.
Key specs
Key specs
across the range — availability varies by variant
The Vellfire’s appeal is its VIP-lounge brief: seven seats and a cabin aimed at being driven in as much as driven. The AH40 moves on Toyota’s TNGA GA-K platform, but price is the hard reality. At RM448k to RM549.9k, it costs clearly more than a GWM Wey G9, Zeekr 009 or GAC M8, and the hybrid sits near Alphard money.
1,965 registered so far in 2026 — Malaysia's #37 best-selling model this year.
Full Vellfire sales data, month by month →What a used Vellfire holds of its price, by registration year: the trade-guide value insurers and dealers reference, and the price the market typically asks.
| Year | Trade guide | Typical asking | Dealer sold | Holds |
|---|---|---|---|---|
| 2026 | RM498,950 | — | — | 100% |
| 2025 | RM359,550 | — | — | 87% |
| 2024 | RM313,550 | RM298,800 (5) | — | 73% |
| 2023 | RM265,700 | — | — | 65% |
| 2022 | RM243,000 | — | — | 64% |
| 2021 | RM202,400 | RM179,800 (7) | — | 50% |
| 2020 | RM194,700 | RM163,800 (14) | — | 45% |
| 2019 | RM167,900 | RM156,800 (37) | — | 44% |
| 2018 | RM148,650 | RM139,800 (136) | RM168,950 | 40% |
| 2017 | RM130,100 | RM125,800 (89) | — | 36% |
Trade-guide and market listing data, West Malaysia. Actual prices vary with condition, mileage and variant; "holds" compares against that year's new price.
same class, similar money
The Toyota Vellfire is priced from RM448,000 for the 2.5 petrol. The Hybrid Electric Executive Lounge costs RM549,900.
Buy the 2.5 if you want the lower price and a petrol seven-seat Executive MPV. Choose the Hybrid Electric Executive Lounge only if you specifically want the petrol-electric drivetrain, eCVT and Executive Lounge trim.
The 2026 range adds the Hybrid Electric Executive Lounge in Malaysia, with a petrol-electric powertrain, 250 PS, 5.7 l/100 km and Alphard-level kit.
Both Toyota Vellfire variants sold in Malaysia have seven seats.