The Toyota Vellfire has become the ultimate status symbol for Indian celebrities, politicians, and business tycoons. It is not just a car; it is a “private jet on wheels.” But in February 2026, there is some confusing yet exciting news for buyers.

On one side, the waiting period for this luxury MPV (Multi-Purpose Vehicle) has reached up to 14 months in some cities. On the other side, fresh reports suggest that Toyota is offering benefits worth up to ₹7.35 lakh this month.

If you are planning to buy this luxury van or are just curious why everyone in India is talking about it, here is everything you need to know.

Breaking News: Up to ₹7.35 Lakh Discount in Feb 2026

This comes as a surprise. Usually, cars with long waiting periods do not get discounts. However, reports indicate that for February 2026, certain dealerships are offering a total benefit package of around ₹7.35 lakh.

Here is how the offer breaks down (may vary by dealer):

• Cash Discount: A large portion of the offer.
• Exchange Bonus: If you trade in your old car (approx. ₹40,000).
• Corporate Discount: For business owners and companies (approx. ₹40,000).

Note: These offers might be valid only on specific stock (like 2025 manufactured models) or in specific cities. You must check with your local dealer to confirm.

Read more: Porsche 911

The Reality Check: The Waiting Period

While the discount sounds great, getting the car is not easy. The Toyota Vellfire is imported to India as a CBU (Completely Built Unit) or assembled in limited numbers, which keeps the supply low.

• Current Waiting Period: 10 to 14 months.
• Why the delay? High demand from VIPs and limited import quotas.
• What this means: If you book the car today, you might get delivery in early or mid-2027, unless you find a dealer with ready stock.

Toyota Vellfire Price in India (2026)

The Vellfire is one of the most expensive Toyotas sold in India. It is available in two main variants.

Note: On-road prices in cities like Mumbai or Bangalore can cross ₹1.50 Crore due to high taxes.

Why is the Vellfire So Popular in India?

You might wonder, why pay ₹1.5 crore for a van? The answer lies in the back seat. The Vellfire is not designed for the driver; it is designed for the passenger.

1. Executive Lounge Seats: The middle row has large captain seats that are heated, ventilated, and have a massage function. They recline almost flat, allowing you to sleep comfortably during traffic jams.
2. Hybrid Efficiency: Unlike other gas-guzzling luxury cars, the Vellfire is a Self-Charging Strong Hybrid. It delivers a mileage of around 19.28 kmpl (ARAI certified), which is unheard of in this segment.
3. Privacy: It comes with pull-down sunshades and sound-insulated glass, making it perfect for VIPs who want privacy.
4. Space: It is 5 meters long and very tall, making it easy to walk inside the cabin.

Engine and Performance

• Engine: 2.5-Liter 4-Cylinder Petrol Engine + Electric Motor (Hybrid).
• Power: Combined output of roughly 190 BHP.
• Transmission: e-CVT Automatic.
• Drive: AWD (All-Wheel Drive) Electronic On-Demand system.

It is not built for racing; it is built for a smooth, silent, and jerk-free ride.

Competition: Who are the Rivals?

The Vellfire has very few direct rivals in India.

• Lexus LM 350h: This is basically a more expensive, ultra-luxury version of the Vellfire, priced around ₹2 Crore.
• Mercedes-Benz V-Class: The German alternative, but the Vellfire often wins on rear-seat comfort and hybrid mileage.
• Kia Carnival (New Gen): Much cheaper (around ₹50-60 Lakh) but lacks the badge value and hybrid tech of the Toyota.

Frequently Asked Questions (FAQs)