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Canada - Finance Rates for Toyota Products, why the difference?

Discussion in 'Prius v Main Forum' started by Groger, Aug 21, 2012.

  1. Groger

    Groger Member

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    Hello

    Anyone know why there is such a difference in the finance interest rates from the non-Hybrid to the Hybrid vehicles.

    It almost looks like, if you want Hybrid, you have to pay full dollar.... but if you want non-hybrid, here is a GREAT deal!!!

    Thanks
     
    #1 Groger, Aug 21, 2012
  2. jdcollins5

    jdcollins5 Senior Member

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    Yes, I was just reading an ad from my dealership with the different financing rates. They call it a Nationwide Clearance Event.

    Corolla - 0% for 48 months
    Rav4 - 0% for 60 months
    Prius - 0% for only 36 months
     
    #2 jdcollins5, Aug 21, 2012
  3. rjparker

    rjparker Tu Humilde Sirviente

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    Classic supply and demand. They ask for and get more bottom line dollars on the in-demand items. Zero is still good and you will save money driving the Prius and have more resale value down the road. They are willing to reduce their bottom line profit on the conventional vehicles to move them.
     
    #3 rjparker, Aug 21, 2012
  4. Groger

    Groger Member

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    2011 Prius
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    Who can afford a 36 month term for a 30K vehicle on the road $833 per month. if you go to 60 month or 72 months it is much more than what is offered for all the other vehicles.

    I agree, supply and demand....
     
    #4 Groger, Aug 22, 2012
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