When I bought my 2011 taco, the dealer made me aware of the toyota loyalty program where regardless of credit, if you make all 12 payments on time, you qualify for 0% on your next purchase.
I love my AC but would like to look at a DC as more lockable storage and people-space is attractive to me. I anticipate at the end of the year, I'll owe about $15k on my AC. My interest rate is currently pretty high. My credit wasn't the greatest but I have an awesome job that pays great and I need a good, reliable vehicle thats why I got the taco.
I am wondering if its even worth rolling $2k into a new loan if thats a trade-difference to get a brand new DC at 0% - or keep the AC and continue to rack the miles. my employer re-imburses me at the IRS rate so essentially my vehicle is free out of pocket - or costs me very little to own. And once the loan is satisfied, it will actually make money. Anyone with some advice?
Has anyone had experience with this program?