The dealership keeps callig.

Refi at 72 months should be able to get around 4.5% for 72 months with a credit union and payment will be $460 @29000. If you use usaa you can pay ahead as many payments as you want.

 

This what I would do. Use the positive equity you have in your favor.

$800/ a month to drive a Tacoma is nuts lol.

 

They are and it sucks, I was set to buy right before covid, I had to back out as job security went in the toilet. now its been 3 years with no end in sight.

 

I think it's because they don't have the down payment (20% or otherwise) to swing the monthly mortgage payment.

 

Same here. I literally got pre-approved in January right before Covid started and then it all went to shit.

 

Turns out I should have jumped as my company managed to avoided lay-offs, but hind sight is 20-20.

 

The rate hikes that just happened killed it for most people. a 300-400k mortgage is about $1000 dollars more a month now then it was this time last year.

I was pre-approved initially at a %2.65 rate. Now, I'm looking at 6-7%. It literally shaved almost 100k off what we can afford.

 

This is as good as you’re going to have it. That same loan is 7%

 

It's a ever decreasing number of buyer looking for a manual transmission. Which translates into a more difficult sale when trying to find that "right person."

 

I wouldn't lower the payments, I would try to pay the truck of as fast as you can (Its what I'm doing). Some months I do more than 1k towards it a month, I can't buy a house right now and I think the best way to save is to get out from under the truck payment as fast as possible.

 

Don't stay in the debt hole. Get out. Pay off the vehicle you are driving and then keep driving it. Debt is a soul sucking death trap. I think with inflation doing its thing and a recession a big possibility, people will have to start living more within their means and having a low mileage vehicle you already own makes that much easier. Don't do the "deal."

 

So they are selling 1/20th of what they were from before ?! Yet Toyota sales are down 10-20%… something doesn’t add up.

 

I've come to the realization that truck payments are the devil........That's why I paid mine off early, and will drive it 'til the wheels fall off. When I'm having to put more into it than a monthly payment, to keep it going, then I'll start looking. 153,XXX miles and counting, new ICON stuff going on Saturday.

 

I like how you think, but you'd sound more credible if you had a Sig Sauer in your avatar instead of a Glock.

 

No offense, but if I’m your dealer, I’m putting you at the top of my cold call list too.

You’re dreaming bigger than your current truck and somehow think you can pull that off with a lower payment and money in your pocket!

 

I mean this isn’t totally true… dealership near me doesn’t have many new tacomas and in fact they have a used Tesla in the showroom because they don’t have lots of inventory

 

Did read all responses. But if you plan on buying and financing a home. Bank is going to frown on you, with a new vehicle purchase, when you go to qualify for home loan.

 

Yeah there's that too, but having lived in AZ for the last 7 years I've noticed this trend of people trying to keep up with the Jones'. AZ used to be really cheap and it had a lot of appeal. Now like a lot of places it's overpriced, overcrowded and the future water supply is uncertain.

True. Local dealer near me has got a Bentley in their showroom and a few Tesla's.

 

Tell them you have Toyota Tacoma at home.

Yesterday some nitwit calls my phone, so I awnser it.

They want to sell me some medi care plan.

I'm like great, sign me up.

I have one question.

Well I can answer that for you.

Does this medicare plan cover penis enlargement surgery?

What?

Does the plan cover penis enlargements?

Click.

They hung up.