Why the All-New Vios fits the ‘bill’
Millennials may want to live young and free but they are also becoming wiser for their age. They get exposed to a wealth of information and inspiration from everything and everyone around them, be it in the real world or on the internet.
Because of this, millennials consider investing as early as they can. This is true to the older ones who are already working and earning well. The Pew Research Centre says that the generation is born between 1981 and 1996 so many millennials can already be in their 30s.
A car, CNBC reports, leads the millennials’ list of ideal investments.
More important than the bragging rights, driving their own cars empowers millennials in their life pursuits: traveling to and discovering places, growing in their chosen careers and fields, and saving for the future.
The only question left to be answered is, what car actually matches millennials, in terms of practicality, drivability and affordability?
It would be the Toyota Vios, which has been the country’s bestselling passenger car for over a decade. Here are five reasons why the best-inclass, All-New Vios fits the bill:
1. It can be affordable and achievable
Let’s admit it. Not all millennials can buy a car straight out of a dealership and drive it home. It involves careful financial decision and planning.
With the All-New Vios, the 1.3 variants can range from P659,000 (Base M/T) to P933,000 (Prime CVT). How then can a millennial be able to afford this?
According to MoneyMax.ph, they can seek help from in-house financing or car loans. In-house financing from dealers is easier to apply for and process, with lots of freebies to boot. However, it has higher interest rates.
The financial site recommends car loans from banks. Normally, millennials, as young as 21 with a monthly household income of P30,000 to P50,000, can get a loan. They must also be employed for two years minimum, or has profitable business operation.
Once eligible, they then need to compute how much they can pay upfront, how much they can borrow, and for how long will they be able to complete payment. Toyota can make this computation easier for theAll-New Toyota Vios via its online calculator at www.toyotafinancial.com.
2. It’s the practical choice
Besides finding the right model with the right price, and then planning for payment and loans, expect to spend more after owning a car. There are fuel prices, maintenance and repairs that ensue.
The All-New Vios, a subcompact and sturdy sedan, promises practicality for all aspects.
Under its hood lies the Dual VVT-i engine, which drives the Vios forward with its signature fuel efficiency. For young drivers, this is important factor because prices of oil continue to hike. They need to be assured that their car engine consumes fuel to its maximum potential without compromising performance.
This is the case with the All-New Vios. Both Continuously Variable Transmission (CVT) and the 5-speed Manual Transmission (MT)ensures smooth acceleration while maintaining precise control of speed and brakes. For the CVT variants, experience the freedom of choice through sequential shiftand paddle shiftfor a sportier drive depending on the driver’s mood and preference. —