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2007 Toyota Matrix
Invoice: $14,254 - $15,283
Miles Per Gallon
City: 30 MPG
Highway: 36 MPG
Body Style: Hatchback
Engines: 1.8L I-4 126 HP
The Toyota Matrix combines the style and fun of a sport coupe with the utility of a small sport utility at the price of a compact.
Toyota Matrix is available in two trim lines: the standard Matrix and XR. It is front-wheel-drive and is powered by a 1.8-liter four-cylinder engine rated at 126 horsepower. Safety is enhanced by ordering optional side curtain and seat-mounted side-impact airbags. The available Vehicle Stability Control virtually eliminates skidding. Optional anti-lock brakes with electronic brake-force distribution can help the driver maintain steering control in an emergency braking situation.
For 2007, the Toyota Matrix is no longer available in XRS trim and all-wheel-drive.
Purchasing an older vehicle, such as the 2007 Toyota Matrix, makes good financial sense. You're able to avoid the steep depreciation rates that occur with brand new vehicles. This essentially gives you the advantage of getting a 2007 Toyota Matrix for less money than when it was new. If the 2007 Toyota Matrix was properly maintained, you also have a good chance of steering clear of problems that would have developed when the car was new.
The amount you pay for an older car depends on various factors. One important element is where you buy the vehicle. You're likely to get a better deal if you buy it from a private party, as opposed to a dealer. On the other hand, a reputable dealer will normally have some kind of limited warranty, so you can drive away knowing that if the car breaks down right away, you'll be covered. Another factor that may affect price on a 2007 Toyota Matrix is whether it's "certified" by the manufacturer. A certified vehicle will cost more because warranty service is provided that normally doesn't come with a used car.
Another dynamic that will play into the purchase price is the resale value. A used vehicle with a high resale value will obviously cost you more. It is expected that the 2007 Toyota Matrix will have a good resale value. This assumes that the 2007 Toyota Matrix is in good condition and has a reasonable number of miles.
Find a used 2007 Toyota Matrix for sale at CarsDirect.
