I was looking at a 4Runner and saw the monthly payment would be around $950. That’s way too high considering other options in the market. That also means Sequoia would be $1200 I guess. I could never justify Toyota with such high payments because, yes, they’re reliable but that’s about it. Extremely old tech and design. Am I missing something? I honestly would love a Land Cruiser but know it’ll be above $1k.
Simple math problem.
50k, 0 down, 0% interest, 60-month financing, before taxes and fees will cost you $833/month. With the rates at 7%, the payments become $990/month.