Car Buyer's Guide
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Overview

The Toyota Alphard is a seven-seat executive MPV for buyers seeking a large petrol people carrier. This AH40 generation launched in 2023 and is sold in Malaysia with a 2.4-litre turbo petrol engine, front-wheel drive and an automatic transmission. Prices start from RM548,000.

Alphard in 2026 — what's new

The Toyota Alphard carries into 2026 unchanged, with no 2026-specific update confirmed. The Malaysian range remains centred on one 2.4 Executive Lounge grade. It uses a 2,393 cc petrol engine producing 274 hp, drives the front wheels through an automatic gearbox and seats seven. PHEV versions appeared in 2025 Alphard news, but no Malaysian PHEV grade or price forms part of the current range.

Variant (1)

RM548,000 · est. from RM5,595/mo

Previous model years (2)

Shopping the previous generation? Alphard AH30 Facelift (2018–2023) →

Colours

across the range — availability varies by variant

  • Black Metallic
  • Platinum White Pearl Pearl
  • Precious Leo-Blond Metallic
  • Precious Metal Metallic

Toyota Alphard buyer's guides & reviews

Verdict

The AH40 Alphard is a focused, single-grade executive MPV rather than a broad range with budget entry points. Its GA-K TNGA underpinnings and seven-seat layout form the basis of a modern large people carrier, while the 274 hp petrol drivetrain keeps the specification simple. But RM548,000 is RM100,000 above the Toyota Vellfire and substantially above the GWM Wey G9, Zeekr 009 and GAC M8. Price is the main hurdle.

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.

1,725 Jul 2025 Jun 2026 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.

A three-year-old Alphard holds about 47% of its original value — weaker than the market average of 64%. The slower the line falls, the better it holds its value.
0% 50% 100% 1 2 3 4 5 6 7 8 9 10 Age (years)
Toyota Alphard Market average
Year Trade guide Typical asking Dealer sold Holds
2026 RM548,000 100%
2025 RM406,700 80%
2024 RM328,300 RM368,800 (5) 72%
2023 RM291,900 RM237,800 (11) 47%
2022 RM266,850 RM178,894 (26) 37%
2021 RM267,100 RM169,999 (103) RM192,800 33%
2020 RM257,100 RM162,800 (121) RM178,800 32%
2019 RM218,100 RM155,900 (92) RM160,800 31%
2018 RM170,500 RM144,050 (128) RM154,550 30%
2017 RM164,550 RM122,400 (68) 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 from RM548,000 in Malaysia. The sole local variant is the 2.4 Executive Lounge.

What do you get in the Toyota Alphard?

The 2.4 Executive Lounge has seven seats, a 2,393 cc petrol engine with 274 hp, front-wheel drive and an automatic transmission.

Is there a Toyota Alphard PHEV in Malaysia?

No Malaysian Alphard PHEV grade or price is confirmed in the current range. The local model is the 2.4-litre petrol Executive Lounge.

Is the Toyota Alphard more expensive than the Toyota Vellfire?

Yes. The Alphard costs RM548,000, while the Toyota Vellfire starts from RM448,000, a RM100,000 difference.

Latest Toyota Alphard news

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