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.
Thinking about the cost of something in terms of monthly payments is not a very good way to think about it. Framing it in those terms is often used to take advantage of consumers. The monthly cost is a function of the three things, all of which are what you really need to understand to compare to other options and understand the true cost:
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