If you plan to buy a Toyota Rumion using a finance plan, you will be paying at least R4,680 per month in instalments.
The new 7-seater from Toyota went on sale in South Africa in October and is currently available in three specification grades – S, Sx, and Tx.
Powering the range is a 1.5-litre petrol engine, with drive handled by either a five-speed manual or four-speed automatic transmission.
On the inside of the entry-level model you will find fabric seats, a urethane steering wheel, a manual air-conditioner, electric windows, a multi-information driver’s display, and two airbags as standard.
The more expensive Sx and Tx trims add to this with a range of features, including multifunction steering wheels, rear air conditioning vents, Bluetooth-capable radios, and rear parking sensors.
In terms of pricing, the Toyota Rumion starts at R245,600 for the 1.5 S version.
At the top of the range, the Rumion 1.5 Tx Automatic sells for R317,200.
Each purchase includes a 3-year/100,000km warranty and a 4-services/60,000km service plan.
To calculate how much you will pay per month in finance instalments to buy a Toyota Rumion, we can use the formula below along with the car’s starting price of R245,600.
- Car Price – R245,600
- Payment Term – 60 terms (5 years)
- Interest – 9%
- Deposit – 10%
- Balloon – No balloon payment
- Extras – No optional extras
The result is a monthly finance payment of R4,680.
The total amount of interest a buyer will pay over the duration of the agreement is R54,500.
It must be noted that this monthly payment covers the finance plan only, and does not include items like fuel and insurance premiums.
Additionally, any service and/or repair costs not covered by the car’s warranty and service plan will need to be factored in as part of the total cost of ownership.