2021 Toyota Venza Price: MSRP, Depreciation, & Trends
2021 Toyota Venza by Gold Pony - CC-BY-SA-4.0
The 2021 Toyota Venza is a midsize 2-row crossover SUV selection, providing a middle-of-the-road option from Toyota, between the Toyota Highlander and RAV4 - and even the RAV4 Hybrid. Value is vital to consider before investing in any vehicle, even one from a manufacturer as reliable as Toyota. What is the 2021 Toyota Venza price?
If you’re interested in learning more about the costs of the 2021 Toyota Venza, you’re in the right place. The more you know about the car, the easier it will be to decide if it’s the best choice, whether you’re buying or selling. Read on to learn more about the MSRP of the 2021 Toyota Venza, the depreciation over the years, and trends associated with the cost.
2021 Toyota Venza MSRP
Consider the price point of a vehicle before determining if you want to invest in it. Whether the 2021 Toyota Venza price or another similar vehicle, this information will determine if it’s in your price range, or if it’s time to look elsewhere for another machine. When looking at a combination of all trims of the 2021 Venza, there is an average MSRP of $36,803.56.
The choice of trim will also influence the MSRP, as higher trim levels tend to have more features and intricate design elements. According to torquenews.com, there are three trims available for the 2021 Toyota Venza. The lowest is the LE with an MSRP of $32,470, followed by the XLE at $36,000 and the Limited at $39,800.
MSRP is a must if you want to determine whether or not you can afford a vehicle. Some individuals might be working with a strict budget. If you can’t afford the highest trim level, consider moving down the rungs until you find an excellent balance of value and available technology.
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Why Is the Venza MSRP So High?
Although there are pricier cars, the Toyota Venza is not a vehicle everyone can afford. It might seem a bit high for what you get. There are several reasons why Toyota decided to offer their 2-row crossover for this price point.
Typically, the high cost of the Toyota Venza is associated with the following:
- Excellent MPG ratings
- Innovative features
- Decent demand
- Integrated safety features
- Toyota name reputation
These factors lead to the higher price point for the 2021 Toyota Venza, impractical for many.
Some will get excellent value out of the 2021 Venza’s MSRP. It is cheaper than several competitors and is a Toyota car, which appeals to many. Examine the available features ahead of time to determine if it’s right for you. Otherwise, there are better places to spend as much money as you would on a Toyota Venza.
2021 Toyota Venza Depreciation
Depreciation is a factor many people forget when purchasing a vehicle. In time, your car will lose its value - it’s inevitable. The question is, how fast will the value drop? The longer your vehicle holds its value, the less it will cost to maintain and the more you will be able to sell it if it’s time to get rid of it.
According to caredge.com, here are the depreciation predictions for the 2021 Toyota Venza:
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By the fifth year of ownership, the residual value is at 77.87%.
The value does go down, but the Toyota Venza holds in there pretty well for the first half-decade of its life. After this time, however, there is a steep decline. By the tenth year, the residual value of the Toyota Venza was at 49.11%. You can expect to sell the Venza after a decade for about half of what you purchased it for brand-new or slightly used.
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2021 Toyota Venza Trends
The trend of a vehicle’s price will reveal how much you’re getting out of your purchase and whether or not it’s a good deal. The Toyota Venza has had many ups and downs, but the cost is in ideal territory right now. It could continue to fall in the upcoming year.
Here is the trend for the 2021 Toyota Venza based on the CoPilot Price Pulse tool:
The vehicle has dropped tremendously over the past year.
In November of last year, the Toyota Venza was available for a little over $42,000. Since then, the price fell about $6,000, landing on a market price closer to $36,000. While this number isn’t necessarily low, it’s much more affordable than what it was less than twelve months ago.
Does the Toyota Venza Hold Its Value?
The 2021 Toyota Venza price will depreciate much more than many of its Toyota counterparts, though it still isn’t the worst out there. After five years, the residual value sits at 96.19%. After a decade of ownership, the residual value remains at 49.11%. The Venza is a solid crossover selection produced by Toyota.
If you want something with a better depreciation rate, there are a few competitors out there. However, the Toyota Venza still puts up a fair fight. It’s a popular machine for a reason, offering something those who want a more mid-sized construction will appreciate in their driveway.
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Final Thoughts
Consider the 2021 Toyota Venza price before deciding whether or not it’s the car for you, especially if you’re working with a tight budget. The closer you look at the MSRP, depreciation trends, and other price shifts over the years, the easier it will be to decide if the Venza is the right choice for your life.
We hope this information helps and offers value as you search for your next car! Before purchasing any vehicle, consider the price point and other vital factors. The faster a machine loses value, the less money you will bring in if selling happens in the future. Take care with your selection, even if it’s from Toyota.
2021 Toyota Venza: FAQs
Q: What was the MSRP of the 2021 Toyota Venza?
A: The MSRP for the 2021 Toyota Venza varies based on the trim level and additional features, but on average it’s $36,803. It was positioned between the Toyota Camry and the Toyota 4Runner in terms of pricing.
Q: How does the 2021 Toyota Venza’s CVT contribute to its performance?
A: The 2021 Toyota Venza is equipped with a Continuously Variable Transmission (CVT), which provides the much-needed efficiency and smoothness. The CVT in the Venza optimizes engine performance and contributes to a seamless driving experience.
Q: Does the 2021 Toyota Venza come with all-wheel drive (AWD)?
A: Yes, the 2021 Toyota Venza comes standard with all-wheel drive (AWD). This drivetrain enhances the vehicle’s handling and stability, particularly in challenging terrains.
Q: What are the key features of the 2021 Toyota Venza XSE trim?
A: The 2021 Toyota Venza XSE trim is one of the higher-end models, offering advanced features such as a sportier exterior design, upgraded interior materials, enhanced technology features, and potentially a moonroof, depending on your chosen package.
Q: Can you explain the powertrain options for the 2021 Toyota Venza?
A: The 2021 Toyota Venza was equipped with a sophisticated hybrid powertrain. This system combined a gasoline engine with electric motors to deliver efficient performance while maintaining eco-friendliness.
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