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Toyota Cash Back, Toyota Financial Service

Discussion in '3rd Gen. Tacomas (2016-2023)' started by Jolly Bill, Oct 3, 2020.

  1. Oct 3, 2020 at 10:23 AM
    #1
    Jolly Bill

    Jolly Bill [OP] Well-Known Member

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    Bill
    Upstate NY 14519
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    2021, I4, Access Cab, 2WD, SR, Auto Transmission
    I Edited this to make it shorter and simpler . . . .

    For October and here in NYS (thank you for your sympathies), Toyota is still giving $1,000 cash back on 2020 Tacoma's and $500 for 2021 Tacoma's.

    Also for the 2021 Taco's, Toyota Financial Services will give you $1,000 if you finance thru them. You cannot get both the $500 and $1,000 tho.

    I'm getting my new 2021 Taco in a couple weeks and will pay for everything except $5,000 which is the minimum you can finance.

    I'll borrow that $5,000 for 24 months at 4.29%. Payment will be about $218 per month of which $200 will be principle and $18 interest.

    I can cancel after one payment and pay the balance of $4800.

    So that extra $500 cash back will cost me $18.00.

    It may not be available in all states however but definitely worth looking into to help pay for your new 2021.

    Jolly
     
    Last edited: Oct 4, 2020
    Skydvrr likes this.
  2. Oct 3, 2020 at 10:31 AM
    #2
    Sungod

    Sungod Well-Known Member

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    St Augustine
    Thank you shipmate. Reads like you spent a lot of time at sea.
     
    Jolly Bill[OP] likes this.
  3. Oct 3, 2020 at 10:46 AM
    #3
    GOTSAND?18

    GOTSAND?18 Well-Known Member

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    stock
    To much reading ...pass
     
  4. Oct 3, 2020 at 10:48 AM
    #4
    Jolly Bill

    Jolly Bill [OP] Well-Known Member

    Joined:
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    Bill
    Upstate NY 14519
    Vehicle:
    2021, I4, Access Cab, 2WD, SR, Auto Transmission
    How's this . . . .

    For a $5,000 loan at 4.29% for 24 months, your payment will be $217.77 per month of which $17.88 is interest and $199.90 is principle.

    If you pay it off after your first payment, it will cost you $17.88 to get that extra $500.
     
  5. Oct 3, 2020 at 10:51 AM
    #5
    gotoman1969

    gotoman1969 Well-Known Member

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    San Antonio, TX United States
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    2015 Silver Tacoma PreRunner
    3" ToyTec coilovers, JBA UCA's, Bilstein 5100's
    Looks like your paying cash except 5k to get 1k then paying off the loan? If so just have them take 1k off the truck and pay cash in full and let them get the rebate. It’s the same and no finance bullshit.
     
  6. Oct 3, 2020 at 10:51 AM
    #6
    Jolly Bill

    Jolly Bill [OP] Well-Known Member

    Joined:
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    Male
    First Name:
    Bill
    Upstate NY 14519
    Vehicle:
    2021, I4, Access Cab, 2WD, SR, Auto Transmission
    How's this . . . .

    For a $5,000 loan at 4.29% for 24 months, your payment will be $217.77 per month of which $17.88 is interest and $199.90 is principle.

    If you pay it off after your first payment, it will cost you $17.88 to get that extra $500.
     
  7. Oct 3, 2020 at 10:53 AM
    #7
    Jolly Bill

    Jolly Bill [OP] Well-Known Member

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    Upstate NY 14519
    Vehicle:
    2021, I4, Access Cab, 2WD, SR, Auto Transmission
    I'd be happy to pay all of it if they would give me the extra $500, but they won't.
     
  8. Oct 3, 2020 at 10:55 AM
    #8
    gotoman1969

    gotoman1969 Well-Known Member

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    idiots!!
     
  9. Oct 3, 2020 at 10:59 AM
    #9
    Cal1630

    Cal1630 Well-Known Member

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    Enjoy your new truck.
     
  10. Oct 3, 2020 at 11:38 AM
    #10
    Interbeing

    Interbeing A Canadian living in Texas

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    When I bought my truck they had a similar deal. I simply financed the truck to get the discount and then paid it off 2 months later without any penalty.
     
    Jolly Bill[OP] likes this.
  11. Oct 4, 2020 at 11:14 AM
    #11
    Jolly Bill

    Jolly Bill [OP] Well-Known Member

    Joined:
    Jan 18, 2020
    Member:
    #316531
    Messages:
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    Male
    First Name:
    Bill
    Upstate NY 14519
    Vehicle:
    2021, I4, Access Cab, 2WD, SR, Auto Transmission
    To the top with much less reading.

    (You right GOTSAND, too long.)

    Is this better:

    For October and here in NYS (thank you for your sympathies), Toyota is still giving $1,000 cash back on 2020 Tacoma's and $500 for 2021 Tacoma's. Also for the 2021 Taco's, Toyota Financial Services will give you $1,000 if you finance thru them. You cannot get both the $500 and $1,000 tho.

    I'm getting my new 2021 Taco in a couple weeks and will pay for everything except $5,000 which is the minimum you can finance.

    I'll borrow that $5,000 for 24 months at 4.29%. Payment will be about $218 per month of which $200 will be principle and $18 interest.

    I can cancel after one payment and pay the balance of $4800.

    So that extra $500 cash back will cost me $18.00.

    It may not be available in all states however but definitely worth looking into to help pay for your new 2021.

    Jolly
     

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