Financially, the company car is usually the better deal. That being said, I take the car allowance. I like choosing a car that fits my needs. I understand your wanting the 4runner, but keep in mind with gas prices going the way they have been, you'll have less and less of that $1000 to go towards the car. Also, keep in mind that insurance, maintenance, car washes, etc, will all come out of your pocket.
Good luck on the new job!
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