So it’s a Toyota. It may look like your Toyota, it may feel like your Toyota and it may have Toyota quality and last 20 years. But if you are an American, the Avanza is nothing you would want for the American roads. Cars are built and designed for each specific market. The market in the developing world does not have the same requirements as those in the developed world. Toyota has to cut costs and features to fit the demands of the local market.
How many people in the developing world will spend $60k on a car when it take the average person a lifetime to earn that? Not many. Even the upper middle class would not be able to afford it. In order to produce a quality vehicle at the lower price point, manufacturers cut features and capabilities. The add fewer inputs to the cars.
So for example, my Highlander has almost 300 hp. A Jetta which is a small American sedan has just around 158 hp. By contrast the much larger Avanza which is a van has just 105 hp. That’s less than 2/3 the engine capability of a much smaller vehicle. So while the engine on this van will work, it’d take forever to take it from 0-60mph.
This is kinda perfect for Toyota’s low cost version of the Yaris van. Buyers especially won’t pay for the extra horsepower if they can’t use it.