The Toyota brand is a good choice given the economic climate
The Toyota brand is a good choice given the economic climate
Posted on June 27, 2024
The Toyota brand is a good choice given the economic climate
Many Canadians are focusing significantly on their finances with the rising cost of living. Higher interest rates, food prices and higher costs of goods and services have caused consumers to also look at their transportation costs in their budget. As a result, there has been an increase in vehicle order cancellations and delays in purchasing new vehicles.
As a result of this, many consumers are looking at long-term vehicle value and low maintenance/operating costs.
The great benefit of Toyota’s brand is their approach to three distinct strategies. Toyota’s approach includes the following:
- Offering a full lineup of vehicles resulting in a range of prices – cars, trucks, SUV’s
- Focusing their efforts on reliability, quality and durability to reduce maintenance and operating costs
- Making energy efficiency a top priority across the whole vehicle lineup of gas and electrified vehicles, ensuing lower operating costs and a lower environmental footprint
This strategy has led to the 2024 Toyota Corolla winning the 2024 Vincentric Lowest Cost To Own in Canada award!
So whether you have a specific budget or want a reliable environmentally friendly vehicle, Toyota will have an option for you.