MARKET ANALYSIS
Mark X (2004 to 2019)

The Toyota Mark X, manufactured globally from 2004 until 2019 across two generations (X120 and X130), is the formidable rear-wheel-drive successor to the Mark II that has earned a reputation in Australia as a "stealth" luxury sports sedan. While never officially sold in local showrooms, it has become a staple of the 2026 Australian enthusiast market as a grey import, prized for sharing its refined chassis with the Lexus GS and Crown while maintaining a more understated, "sleeper" aesthetic. The local buyer pool is a high-energy mix of executive commuters who want a reliable, V6-powered daily driver and performance fans who target the GRX133 models for their punchy 3.5-litre 2GR-FSE engine. Desirability has reached a fever pitch in 2026, especially for the rare 350RDS and the ultra-exclusive GRMN variants—which famously offered a factory six-speed manual—as these represent the final chapter of Toyota’s traditional front-engine, rear-drive sedan era. Consequently, the market value of the Mark X in Australia remains exceptionally robust; while the 2.5-litre 250G models provide an accessible entry point for those seeking a stylish alternative to the Camry, the 3.5-litre versions (the primary focus of the SEVS import scheme) are now being hoarded by collectors as blue-chip assets, with pristine examples commanding premium prices that reflect their status as irreplaceable Japanese performance icons.
The Toyota Mark X, manufactured globally from 2004 until 2019 across two generations (X120 and X130), is the formidable rear-wheel-drive successor to the Mark II that has earned a reputation in Australia as a "stealth" luxury sports sedan. While never officially sold in local showrooms, it has become a staple of the 2026 Australian enthusiast market as a grey import, prized for sharing its refined chassis with the Lexus GS and Crown while maintaining a more understated, "sleeper" aesthetic. The …
