Mitsubishi Xpander
Launched
RM99,980–RM109,980
Overview
The Toyota Veloz is a B-segment seven-seat MPV that replaces the Avanza in Toyota Malaysia’s line-up. It suits buyers who want an Alza-related family mover with Toyota positioning, a 1.5 litre petrol engine and CVT automatic. The single Malaysian variant is priced from RM95,000.
Veloz in 2026 — what's new
For 2026, the Malaysian Toyota Veloz carries on as a single 1.5 petrol CVT seven-seater. A Veloz Hybrid has been unveiled in Indonesia, but the local range remains the regular petrol model. Recent updates around the nameplate include an optional RM3,300 bodykit and a recall involving rectification for the upper front shock absorber nut.
Variant (1)
RM95,000 · est. from RM970/mo
Key specs
- Horsepower
- 105 hp
- Torque
- 138 Nm
- Capacity
- 1,496 cc
- Transmission
- CVT Automatic
- Driveline
- Front Wheel Drive
- Seats
- 7
- Boot Space
- 137 litres
- Airbags
- Driver and Passenger, Front Side, Front and Rear Curtain
Colours
across the range — availability varies by variant
- Blue Metallic
- Bluish Black Metallic
- Red Metallic
- Silver Metallic
- White Solid
Verdict
The Veloz is the more upmarket sister car to the Perodua Alza, built at Perodua’s Sungai Choh plant and based on the DNGA platform. It costs far more than the Alza, which starts from RM62,500, but sits below the Mitsubishi Xpander at RM99,980. The appeal is clear enough: seven seats, 1.5 litre petrol running gear and Toyota Safety Sense in a compact MPV body.
Used cars for sale
Browse all used listings →Buying a new Veloz? Sell your old car, get paid in 24 hours
Toyota Veloz sales in Malaysia
3,291 registered so far in 2026 — Malaysia's #24 best-selling model this year.
Full Veloz sales data, month by month →Toyota Veloz resale value
What a used Veloz holds of its price, by registration year: the trade-guide value insurers and dealers reference, and the price the market typically asks.
Toyota Veloz
Market average
| Year | Trade guide | Typical asking | Dealer sold | Holds |
|---|---|---|---|---|
| 2026 | RM95,000 | — | — | 100% |
| 2025 | RM86,000 | — | — | 91% |
| 2024 | RM79,000 | RM78,800 (9) | — | 83% |
| 2023 | RM76,400 | RM74,777 (15) | RM91,200 | 79% |
| 2022 | RM71,600 | RM73,350 (18) | RM86,800 | 77% |
Trade-guide and market listing data, West Malaysia. Actual prices vary with condition, mileage and variant; "holds" compares against that year's new price.
Rivals to consider
same class, similar money
Toyota Veloz FAQ
How much is the Toyota Veloz in Malaysia?
The Toyota Veloz costs RM95,000 in Malaysia. There is one variant, the 1.5, with a petrol engine, CVT automatic transmission and seven seats.
What do you get in the Toyota Veloz?
The Veloz gets a 1,496 cc petrol engine with 105 hp, CVT automatic transmission, seven seats and Toyota Safety Sense. It is based on the DNGA platform shared with the Perodua Alza.
Is the Toyota Veloz a hybrid in Malaysia?
No. The Malaysian Toyota Veloz range is the 1.5 petrol CVT model. A Veloz Hybrid has been unveiled in Indonesia, but the local line-up remains petrol-only.
How is the Toyota Veloz related to the Perodua Alza?
The Veloz is the sister car to the Perodua Alza. Both are DNGA-based seven-seat MPVs and are manufactured by Perodua at its Sungai Choh, Rawang plant, but the Veloz is positioned higher.
