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Toyota Financing

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Old Dec 10, 2011 | 07:53 PM
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Default Toyota Financing

The only reason I financed with Toyota was so I could get the $1000 student credit, and indeed I did. Now I don't need to be in a loan. I was wondering what is the minimum time I have to be with Toyota. ie, can I pay my balance in full next month? or do I have to make a certain number of payments before I can pay it off.

Any help is appreciated.
Old Dec 10, 2011 | 08:01 PM
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they said that with mine its an open loan, you can pay it off you can pay it off when you want!
Old Dec 10, 2011 | 08:05 PM
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Originally Posted by yardleyTC
they said that with mine its an open loan, you can pay it off you can pay it off when you want!
i hope thats not a canada specific thing...
they made me finance the minimum of 5000, and I remember them saying something about how I can't pay it in one installment.
I dont want to pay them any interest that I dont have to.
Old Dec 10, 2011 | 08:35 PM
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Why dont you just read your contract or call them?
Old Dec 10, 2011 | 08:54 PM
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You can pay it in full at any time
Old Dec 11, 2011 | 03:01 AM
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Yeah, my Toyota dealer said you can pay it in full anytime you want. Idk if it's the same since you got the $1000 rebate but it probably shouldn't matter.
Old Dec 11, 2011 | 05:38 AM
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Financed throught Toyota financial services right?

Either go to ur account on their website it call them and ask for the payoff amount and just pay that

Done deal
Old Dec 11, 2011 | 07:40 AM
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That's food to know, but I paid in full from the start lol
Old Dec 11, 2011 | 11:15 PM
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Originally Posted by Voltagedriver
That's food to know, but I paid in full from the start lol
Thats what I wanted to do, but I needed to finance a portion in order to get the grad credit.

Thanks for the info everyone!
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