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.
I feel you. The lending game sucks right now. I ended up adjusting my purchase date so I could save more and put 16k down with a 800+ credit score on a ‘24 woodland edition. My rate was 8%. Toyota finance was literally dollars difference from local lending institutions. It sucks, but it is what it is right now. Motivation to pay that off ASAP I guess. I took the 66 month payment with the intent of paying off early while being in a comfortable payment zone if I have to just ride it out. The money game sucks. My wife’s ‘21 Rav is 2% for reference. Done thru Toyota.
Toyota has no reason to discount the rate on cars that are selling like hot cakes.
Interest rates are up and that’s just something people need to deal with