Hall Toyota Virginia Beach
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Hall Toyota Virginia Beach

Navigating Uncertainties

 

During this holiday season, the Federal Reserve has opted to maintain interest rates, which some experts say is a sign of future economic stability and is part of the Federal Reserve's strategy to encourage spending and investment.

Several reputable news sources have weighed in on the Federal Reserve's decision and its potential impact on various sectors, including the automotive industry. According to one report*, the decision to maintain interest rates is expected to stimulate consumer spending, particularly on big-ticket items like vehicles. This positive sentiment is echoed by financial analysts who believe that the cost of financing a vehicle will remain attractive, encouraging consumers to make purchases in 2024.

In exciting news for consumers, we are happy to announce that customers can get as low as 4.99% APR financing1 this month on select all-new Toyota models. Our knowledgeable Sales Consultants at Hall Toyota Virginia Beach are ready to find you the vehicle of your dreams! Browse our new inventory or visit us today to see our extensive lineup. 

 

 

1Qualified customers can finance a new 2024 Toyota Tundra at 4.99% APR for up to 60 months with approved credit through Toyota Financial Services (TFS). Example 4.99% APR (up to 60 months) at $18.87 for every $1,000 financed. Cannot be combined with TFS Lease Cash, Down Payment Assistance, Trade-in Assistance, Customer Cash, Lease, Lease Subvention Cash. Excludes certain trims. Additional costs include: tax, title, tags, a dealer processing fee ($899 Virginia & North Carolina), any dealer-installed options, and down payment. Every internet price includes all applicable manufacturer incentives and dealer discounts. Due to current market conditions, market price may be higher than MSRP. While every reasonable effort is made to ensure the accuracy of this information, we are not responsible for any errors or omissions contained on these pages. Please verify any information in question with the dealer. Offer ends 01/31/2024

*Reference: CNBC