kcautotc

as were all aware we cant finance the sc with toyota, but all you that have financed it with their credit union's, how did you do it and where did you do it at? i went to my local community america today and they do 120% financing, but she said the s/c has to be on the purchase order. i know i have to buy them separate, but my salesman said he wouldnt be able to do that, because they get audited. so how did you all do it? i know even some of you said that you went back and had the s/c put in the price of the loan... what gives?

ScionDM

See if your credit union will give you a personal loan. This is one way to get around the financing red tape.

Smthkd

I financed mined with Toyota! I just had the Finance Manager call it a dealer installed part and walla! Im S/C'ed Baby!!!

zer0

Ive been hearing of this happening, my Finance Manager quickly shut down that idea. You are lucky!

ryno379

Your dealer could get in trouble for that. We get audited every 3 months. Being out of compliance with Scion rules can mean lack of product to sell.

ScionDM

Your dealership did something that could take away 30% of all their Scions that come in. To me it's not worth it to do things shaddy like that. The beauty of Pure Price and the Scion process is that everyone gets the same deal as you, just not the same car.

I do have problems with the way they set up the supercharger and cold air intake through Toyota Motor Credit. I'm with you there, but we have to all play by the same rules.

Smthkd

Well, they bought the S/C then installed it. My financing documents called it "Dealer Installed Forced Induction". This way it "was" in compliance as the item was bought and paid for by the dealer and installed at their discreation. Plus the fact that Im Officially sponsered by the dealership!

ScionDM

There is a way to justify anything. It's hard for dealerships, management, and salespeople to say no to adding accessories that can make them money. We have rules and guidelines that we need to follow. The more you talk about it the more you get all dealerships in trouble.

trdsparks

ScionDM is right they can lose 30% of their allocation. Meaning they'll lose cars. It doesn't effect you though so it is what it is. As far as an outside lender goes it they will finance the S/C then cool. Basically in that case you're just bringing in a check to the dealership so they can't stop you from having the S/C installed. Toyota financial has said they won't finance the S/C but we all know that so if you got it done through them then you're lucky. Now if you get financing at the dealership through another company you could get away with that.

One thing I know you can't do isget back and add it to the deal unless you want to re-fi the whole thing. Usually it isn't worth it.

Smthkd

Well that was one of the reasons I got it done that way because I turned around and got it refinanced with my credit union before the first payment so, it wasn't a big issue for Toyota since they got their money! :D

SuperDuperScion

I financed with Chase Mastercard!!! I even get one month interest free!! Of course the interest rate is 18%...

ryno379

18%

Beantowntc