Toyota Premio T240
A refined, Japan-exclusive compact sedan offering executive comfort and hatchback-like utility.
- Power
- 132 bhp
- Top speed
- 112 mph
- Est. value
- $3k–$6k
About the Toyota Premio T240
Launched in December 2001, the Toyota Premio (T240) was the upscale successor to the long-running Corona line. Positioned as a more elegant alternative to its sportier twin, the Allion, the Premio was designed specifically for the Japanese domestic market with a focus on refinement and interior space. Despite its compact exterior dimensions, it featured a class-leading 2,700 mm wheelbase and unique reclining/split-folding rear seats that provided utility similar to a hatchback. The 1.8-litre variant, powered by the reliable 1ZZ-FE engine, remains a popular choice in secondary export markets for its balance of efficiency and comfort.
Toyota Premio T240 specs
The Toyota Premio T240 produces 132 bhp (98 kW) and 171 Nm (126 lb-ft) of torque. It has a top speed of 112 mph (180 km/h).
| Make | Toyota |
|---|---|
| Model | Premio |
| Generation | T240 |
| Trim | 1.8 |
| Years | 2001–2007 |
| Type | Saloon |
| Body style | Sedan |
| Country | Japan |
| Engine | 1.8-litre inline-4 |
|---|---|
| Displacement | 1,794 cc (1.8 litres) |
| Induction | Naturally aspirated |
| Power | 132 bhp (98 kW) at 6,000 rpm |
| Torque | 171 Nm (126 lb-ft) |
| Redline | 6,400 rpm |
| Top speed | 112 mph (180 km/h) |
| Transmission | 4-speed automatic |
| Drivetrain | Front-wheel drive |
| Weight | 1,170 kg (2,579 lb) |
| Power-to-weight | 113 bhp per tonne |
Typical figures for the standard car; options, markets and model years vary. Where our specs come from
How much is a Toyota Premio T240 worth?
A typical Toyota Premio T240 is estimated to be worth $3,000 – $6,000 (about £2,200 – £4,500).
Values are directional estimates for a typical example, not appraisals. Condition, mileage, history and specification all change what a real car is worth. Pound figures use the exchange rate of 3 November 2026. How values are estimated
Toyota Premio T240 rarity in CarSpot
The Toyota Premio T240 is a Common card in CarSpot, with a rarity score of 0 out of 100. Everyday cars you can spot on almost any street. A Common card is worth 10 XP.
Each model's tier starts from a 0–100 score based on its value plus its power or production numbers. Once enough players have spotted a model, how often it is spotted can move it up or down one tier. How CarSpot rarity works
Rarity is a collectible game mechanic, not an assessment of real-world scarcity or value.
Toyota Premio T240 fun facts
- The name 'Premio' is Spanish for 'prize' or 'reward', reflecting its positioning as a premium compact vehicle.
- Though a four-door sedan, the Premio's rear seats could tumble forward to create a flat 1.7-metre long loading floor.
- The Premio was exclusive to Toyota's 'Toyopet Store' dealership network in Japan, while the Allion was sold at 'Toyota Store' locations.
