What are you paying for 2020 Tacomas?

My credit union did 1.9%

 

Look at your loan terms and read what it says. I financed through Toyota Credit (for the $1,000 rebate) and financed with my credit union after making a single payment. Rate went from 5.99 to 2.9. Some loans might have a pre-payment penalty but that would have to one heck of a shady deal.

 

Not bad though especially since like you said you got exactly what you want. If you got 0% then you could’ve gotten 1750 off which would’ve been right around 10% off MSRP so the more you financed over the $22,500 break even point the better off you did. Nice truck!

 

Thank you. The 0% financing made adding the extended warranty possible.

The salesman kept saying that since I was already getting the 0% they could only discount it $2,600 from MSRP.

 

Just picked up a '19 TRD Sport for 32k. Super clean, only 8300 miles

 

Well I was looking on car gurus today. I widened the search to a greater distance. Found a dealership again in Virginia around DC that had 2 SR5 DCSB 4x4 in cement listed. The only thing was that there was no actual photos of the truck. They had the stock print art up as the only photo. I was suspicious that the vehicle would not actually be in stock.
I messaged them and asked if the truck was available in Cement per the ad and can I see a few actual photos of it to be sure it's what I was looking for before I come from Pennsylvania.
The first real response they said they have the quick sand SR5 I asked about for me to come look at.
I emailed back that I was asking about cement and the VIN number in the ad. Turns out they actually don't have the vehicle or maybe any trucks. The guy claims they were trying to get inventory from Connecticut. Seems not on the up and up to me.
What say you?

 

If the last six of the VIN has a letter instead of being six numbers then it is not built yet. I noticed places doing that as well.

 

Yes there is a letter in the last six of the VIN I didn't know that was something they were doing. It's been listed on the CarGurus for 40 days so far per the site.
The person who emailed me claims to be getting more trucks tomorrow. I'm still thinking I might be better off waiting till there are actually trucks on the lots than try to work with them almost 100 miles away on something that isn't built.

 

i've been trading emails with a few dealers, near and far. i was hopeful that because i'm looking for a long bed, i might be able to find some trucks that had been on the lot long enough for dealers to be motivated to move them before new stock comes in. long shot, i know. didn't really work out that way. i had a few places work up the numbers but they were only about $2k off msrp. last place i was talking to sent me numbers for 2.9% financing. i asked them to do it again for 1.9%, as every dealer is advertising that rate. they sent me the numbers but just raised the price. 1.9% was actually more expensive than 2.9%.

i guess i'm waiting for new stock.

 

You certainly aren't the only one in waiting.
I could have snapped up one in April or may but I was a bit short on my savings for the down payment I was planning to have so my payment would be about what I was good with. My tenant was behind on rent because of Covid-19 at the time too. It just wasn't feeling right then. Now I'm ready and can't find a truck. Wait and save more money I guess.

 

same here. i started looking in February but put it aside. should have jumped back in in March.

 

In the same boat. When the 0% financing incentive came in May and I saw how inventory was moving on Car Guru's........I decided then I was going to wait until at least September after the lots get restocked and the MY2021's start showing up.

 

i did actually go see my local dealer while the 0% was in effect. that was the first time i saw prices raised to offset any savings on financing.

 

Starting to see more new inventory at dealers. Problem is the prices are still sky high. Am finding some pretty good deals on low mileage 2019's I may consider.

 

I purchased my SR5 in Northern Cali the last week of May to take advantage of the 0% financing. It was definitely tougher than expected to find a dealership willing to take more than 8% of the MSRP. The Tacomas were flying off dealer lots and without production, the supply wasn't meeting the demand.

 

July 2nd build date on mine, so hopefully here a few weeks after.

 

We the buyers control the market. The only problem is that we the buyers can't stay put and wait it out... we jump on the dime when they offer 0% financing thus creating the demand back up again. This is why tacos are more expensive now durring the pandemic than they were before it started. Kudos to Toyota for understanding that the average customer in America can't help it but to consume. Patience is key, just not too many of us have it.

 

If you're looking to buy, why wouldn't you take advantage of the 0%? Actually Toyota did what they needed to during unprecedented times to move vehicles. It helped them and helped the consumers. I'm not going to wait it out and pay more in interest payments just to show Toyota who's boss.

 

Whats the overall goal for people looking to buy at 0% financing? My educated guess would be to save money otherwise what's the point? Just because one is getting 0% financing doesn't mean they are paying less. I've seen plenty of people (here and elsewhere) get 0% financing but end up paying more on the overall price of the truck. My statement was directed more for those who actually want to purchase the vehicle at competitive sale price. If your goal is solely to pay 0% interest, then great, hopefully your truck wasn't marked up too much to make up for the $ saved and then some. My goal is to try to get the truck I want at a fair price...I would be happy to pay 3-4% interest if it meant I got the truck at 18-20% below MSRP. Again, I give Kudos to Toyota for figuring out another way to get people to spend the same if not more for a truck. I don't find a need to show Toyota who's boss, just want to buy truck at a good price.

 

Well the latest deal here was $1750 off or 0%, so it was just a matter of what other term and rate you could qualify for.