04 May 2023
If you would like to obtain a brief overview of the requirements of vehicle finance for a first-time buyer, have a look at the Youtube video below:
Given that the Toyota Land Cruiser Prado is from the same family as its legendary cousin, the Toyota Land Cruiser, it would inevitably be a relentless performer. This variant is assembled with the specific intent of tackling every off-road obstacle that could be presented to it. Brand Toyota has designed specific innovations to deal with the bush. Drivers can expect Multi-Terrain Select and Kinetic Dynamic Suspension and a new 2.8-litre turbodiesel engine to power through any terrain.
There is a further element here, however. As impressive as Toyota’s leaps in driving innovation have been, it has not lost focus on another important aspect: Comfort. The cabin is a stunning 7-seater with striking leather finishes. Expect a leather steering wheel with a stylish wooden insert. There is great versatility with the seating well. Occupants in the cabin can fold down the third row of seats which increases the loading space.
For all of the Toyota Land Cruiser Prado’s impressive capabilities, the model is very competitively priced. Prado enthusiasts can expect the entry-level Toyota Land Cruiser Prado TX 2.8GD A/T to retail for R1 079 700, whilst the Toyota Land Cruiser Prado VX-L 2.8GD A/T will cost R1 271 900.
This model is also available for a test drive. By locating your nearest CFAO Toyota Dealership, we encourage you to schedule an appointment with us. Taking the next step and purchasing your very own Toyota Land Cruiser Prado can be a daunting task, especially if you would like to finance your vehicle. Our finance team can assist you with any financial advice to ensure that the process is as uncomplicated as possible.
There are, however, some terms that we will explore in this article. Understanding how to obtain credit, what institutions look for, and how to ready yourself for a vehicle purchase is a great way to get your journey underway.
There are several factors that a financial institution will take into consideration when you apply to purchase your Toyota Land Cruiser Prado. It is important to bear in mind that your private bank may have different criteria than others. These are not immovable rules, but they are guidelines that Toyota Financial Services and other lenders often look to. Let’s have a look at a few:
With your permission, the lending institution may pull a credit report to assess your creditworthiness. This report contains the following information:
This report is an excellent indicator of how a potential customer is likely to repay their debt. The better your credit score, the more likely it is that you will qualify for a Toyota Land Cruiser Prado. You may also qualify for a favourable interest rate. A bad credit score could make it harder to qualify for vehicle finance.
The information that you need to provide will differ from lender to lender. However, there is a general list of acceptable documents that are generally required when purchasing a Toyota Land Cruiser Prado. Let’s go through them:
Many variables affect the instalment amount. However. On average, consumers can expect to pay about R20 000 per month for this luxury vehicle.
Tests have shown that there is a slight cost-saving if you choose the diesel variant. This would be the ideal option for consumers who are conscious about spending money on fuel.
In Spanish and Portuguese, the name “Prado” refers to a field or meadow.
Its spacious interior makes this the ideal vehicle for families. The Prado also has a high driving position, which makes it great for off-road adventures.
Absolutely. If this model is properly maintained you can expect it to last for many years.
Our Toyota Land Cruiser Prado is a worthwhile investment, especially for off-road adventure seekers. However, financing this vehicle is not a decision to be taken lightly. Ensure that you read your financial agreement carefully, and ask that your finance consultant explains the terms of the loan in full. Remember to consider your budget carefully, taking into account costs such as maintenance and fuel, as well as insurance.
For further financial advice (or to take the next step), contact our finance department here to assist you.
Alternatively, feel free to contact us here: