You are right about them but some people prefer to use a VPN instead of TOR because there is some inconvenience for them when using TOR. The Tor browser doesn't store user login details so a user needs to log in every time he restarts the browser. Many avoid using TOR for this reason but there can be other issue but I don't use TOR for that. Also TOR seems slow which you already stated in your comments.
That
"problem" you're talking about is actually a big advantage because saving passwords inside the browser itself is a big risk and no one should use that way of saving passwords. Although it is true that Tor does not offer the best speed because the traffic is redirected through several levels, it is not as bad as some people think, if things get really slow you can always change the
"tor circuit" in a very simple and fast way.
To be honest the level of hacking is happening in the industry these days I am also thinking about using TOR no matter how inconvenience it will be for me. Online security is more important than having too much comfort using the browser.
It's not just about hacking protection, but privacy protection in the sense that you protect your personal data from all those who misuse it. Considering that Tor is completely free, I see no reason why anyone should avoid trying it.