Toyota Land Cruiser 79 Monthly Installment
by Leland Morrison, on 1 November 2023
Jump to
- Overview
- Evolution of the Toyota Land Cruiser 79
- Toyota Land Cruiser 79 Price
- Toyota Land Cruiser 79 Monthly Installment
- Minimum Monthly Salary
- Alternatives
- Stats
- Tips to Secure the Best Monthly Installment
- Conclusion
Overview
The Toyota Land Cruiser 79 is a member of the long-established and highly-respected Land Cruiser range by Toyota. This vehicle is a continuation of the legacy in the 70 series and is renowned for its off-road capabilities and impressive durability. Incorporating a body-on-frame architecture, the Land Cruiser 79 comes in a single or double cab pick-up, offering flexibility for various user needs. Its impressive technological features, combined with a powerful engine, make it one of the best options for individuals seeking both adventure rides and commercial duties. The Toyota Land Cruiser 79 is celebrated for its ability to navigate tough terrains without sacrificing comfort and luxury found in many modern vehicles.
Evolution
The evolution of the Toyota Land Cruiser 79 has been a testament to Toyota's commitment to innovation and customer satisfaction. The vehicle has undergone a series of transformations since its first release, with each new model improved from its predecessor. Earlier models had simple designs, but with time, Toyota incorporated luxurious and comfortable features, making it more than just a commercial utility vehicle. Engine enhancements, new technologies, and redesigns have played a crucial role in its evolution, making it one of the most reliable off-road vehicles on the market. Its reputation for strength, reliability, and endurance has grown stronger, solidifying its position in the automotive industry.
Price
The Toyota Land Cruiser 79 is available in a range of variants, each with its own set of features and price tag. The base model starts at R749,200, while the top-of-the-line variant is priced at R998,500. The price of a particular variant depends on its engine, transmission, and other features.
| Variant | Price |
|---|---|
| LC79 4.0 Petrol SC | R749,200 |
| LC79 4.2 Diesel SC | R796,600 |
| LC79 4.0 Petrol DC | R849,800 |
| LC79 4.2 Diesel DC | R890,600 |
| LC79 4.5 Diesel V8 SC | R910,800 |
| LC79 4.5 Diesel V8 DC | R998,500 |
Additional Costs to Consider:
- Dealer Fees: Can include documentation, processing, and other administrative charges.
- Optional Add-ons: Upgraded features, accessories, or enhancements that come at an extra cost.
- Extended Warranties: Offer prolonged protection for the product at an additional price.
- Other Costs: Miscellaneous expenses that might arise such as transfer of ownership.
Monthly Installment
Monthly payments for the Toyota Land Cruiser 79 vary between R13,129 and R20,441
The following table provides a few example calculations using the prime interest rate + 2% (13.75%) over a period of 6 years or 72 months.
| Variant | Price | Installment | 10% deposit | 10% deposit and residual |
|---|---|---|---|---|
| LC79 4.0 Petrol SC | R749,200 | R15,338 | R13,804 | R13,129 |
| LC79 4.2 Diesel SC | R796,600 | R16,308 | R14,677 | R13,959 |
| LC79 4.0 Petrol DC | R849,800 | R17,397 | R15,657 | R14,891 |
| LC79 4.2 Diesel DC | R890,600 | R18,232 | R16,409 | R15,606 |
| LC79 4.5 Diesel V8 SC | R910,800 | R18,646 | R16,781 | R15,960 |
| LC79 4.5 Diesel V8 DC | R998,500 | R20,441 | R18,397 | R17,497 |
The installment goes down when a 10% deposit is provided and even further when a 10% residual is added
Factors affecting your monthly installment:
- Prime interest rate
- Loan term
- Deposit
- Residual
- Credit score
Minimum monthly salary
Banks typically recommend not spending more than 15% of your monthly salary on a car repayment. With that in mind, here is the recommended monthly salary for each variant:
| Minimum Salary | |||
|---|---|---|---|
| Variant | No deposit | 10% deposit | 10% deposit and residual |
| LC79 4.0 Petrol SC | R102,251 | R92,026 | R87,524 |
| LC79 4.2 Diesel SC | R108,721 | R97,849 | R93,062 |
| LC79 4.0 Petrol DC | R115,981 | R104,383 | R99,277 |
| LC79 4.2 Diesel DC | R121,550 | R109,395 | R104,043 |
| LC79 4.5 Diesel V8 SC | R124,307 | R111,876 | R106,403 |
| LC79 4.5 Diesel V8 DC | R136,276 | R122,648 | R116,648 |
Alternatives
The Land Cruiser 79 is primarily a utility vehicle or a pickup truck, aligning it with the Bakkies category. The table below gives a comparison to other alternatives in the Bakkie segment.
| Name | Monthly From | Monthly To | Popularity |
|---|---|---|---|
| Toyota Hilux Double Cab | R8,512 | R20,574 | Very High |
| Toyota Land Cruiser 79 | R13,129 | R20,441 | Very Low |
| Toyota Land Cruiser 76 | R15,563 | R20,925 | Very Low |
Stats
Current popularity for the Toyota Land Cruiser 79 is Very Low with around 4 950 searches per month.
Tips to Secure the Best Monthly Installment Deal
Securing the best monthly installment deal is crucial for managing your finances effectively. Whether you're financing a car, home, or any other purchase, a favorable installment plan can save you money and reduce financial strain. Here are some tips to help you land the best deal:
- Research & Compare: Investigate various lenders, comparing their rates, terms, and fees using online tools.
- Check Credit Score: A better score can lead to lower rates. Regularly review and work on improving it.
- Negotiate: Don't settle for the first offer. Be informed about market rates and available promotions.
- Choose Shorter Terms: Longer terms might have smaller payments but higher interest. Opt for shorter terms if possible.
- Consider a Deposit: A significant deposit can reduce monthly payments and possibly get a better rate.
- Understand the Terms: Be clear on all conditions, especially penalties for early or missed payments.
- Maintain Your Budget: Determine your monthly limit and stick to it. Avoid tempting deals that exceed it.
- Seek Pre-approval: It provides clarity on what you qualify for and aids in negotiations.
By being diligent, informed, and proactive, you can secure a monthly installment deal that aligns with your financial goals and provides peace of mind.
Conclusion
Being well-informed about the Toyota Land Cruiser 79 price and its monthly installment options is critically important for potential buyers. This pivotal information helps gauge whether the vehicle suits your financial plans. It can also guide your negotiation process with dealership representatives. Doing thorough research before a vehicle purchase is essential as it equips buyers with valuable insights about the vehicle. Consulting with financial advisors can also be beneficial, providing prospective buyers with a clearer picture of their financial capacity and how the vehicle purchase may impact their finances. Remember, being fully prepared and well-informed is key when purchasing a vehicle as substantial as the Toyota Land Cruiser 79.