2009 Toyota Venza

[Ron Stewart]

That seems a bit high. Don't forget that as the principal balance declines during the loan's life, so does the interest. The interest on $30K at 6.5% on a 60 month loan is about $5200. But still, we certainly see your point.

I rechecked, and can't figure out how I got those numbers. And me a math teacher.

After freight, taxes and fees, a base V6 AWD Venza, no towing package is $36,950 Canadian. At 5.9%, 60 monthly payments of $712.60 = $42,760.

A V6 4WD Mazda Tribute, GS trim which includes a towing package is $35,110. At 0%, 60 monthly payments of $586 = $35,110.

The difference, then is $7,800 after five years. Plus many more hundreds for the towing gear on the Venza. If it is priced like the RAV 4, it is over $1000, which is about $1200 after financing. So the real difference is (only) $9,000.

Around here, Toyota dealers will NOT budge on price or terms. They have a limited number of Venzas, and expect to run out of stock before more they receive their next delivery. Or so they say.

Ron

[Booker B.]

You have to always consider resale value too. Toyota's deprecate much less compared to other manufacturers with the exception of Honda - even Mazda's drop pretty quickly in price. I have been shopping around for a while for a used Tacoma quad cab and the prices are still quite high considering the economy.

[Phil 4500]

I rechecked, and can't figure out how I got those numbers. And me a math teacher.

After freight, taxes and fees, a base V6 AWD Venza, no towing package is $36,950 Canadian. At 5.9%, 60 monthly payments of $712.60 = $42,760.

A V6 4WD Mazda Tribute, GS trim which includes a towing package is $35,110. At 0%, 60 monthly payments of $586 = $35,110.

The difference, then is $7,800 after five years. Plus many more hundreds for the towing gear on the Venza. If it is priced like the RAV 4, it is over $1000, which is about $1200 after financing. So the real difference is (only) $9,000.

Around here, Toyota dealers will NOT budge on price or terms. They have a limited number of Venzas, and expect to run out of stock before more they receive their next delivery. Or so they say.

Ron

I recommend you look at edmunds.com and plug these vehicles into their "true cost to own" over a 5 year period. If you take into account resale values, fuel consumption and repairs, you may find the difference negligible.

[Phil 4500]

Tim Hortons is giving away 35 Venza's in their roll up the rim contest which just started. Good luck!

[CD Smith]

The difference, then is $7,800 after five years. Plus many more hundreds for the towing gear on the Venza. If it is priced like the RAV 4, it is over $1000, which is about $1200 after financing. So the real difference is (only) $9,000.
Ron

The difference in cost ($9,000) isn't the cost of ownership over 5 years, its the finance cost. A difference between 0% and 5.9% financing.

Like comparing apples, oranges, and nuts.

[JenPB]

This looks and sounds great, but I'd sure like it to have been hybrid, too. We do a lot of town driving (without the trailer) and hybrid would help us out a lot. Plus, those batteries couldn't hurt in the TV:trailer weight ratio!