Lowest Interest % from Toyota?

One of our local dealers has ads claiming 0% right now. I'm not sure but it might be only on Camry's which they have an overstock of.

I'm sure its probably a gimmick where you have to pay sticker price or more.

 

when i bought my taco Camrys and Tundras were 0% i beleive.

 

While I agree it's good to know the total cost, it's stretched out over a relatively long time.

Comes out to about $0.33 per day. Per point.
In the same 5 year period you'll possibly spend:

$14,000 in gasoline (15 gal/week @ $3.50/gal)
5,000 for insurance- assuming $1000/yr
2,000 maintenance (4 oil changes/yr, tires, brakes, etc....)
20,000 Loan payment total ($300 X 60)

If you make $600 per week, over 260 weeks you'll earn about $156,000.

My point was that it's not the end of the world if you end up getting dinged a percent or two extra on your loan.

If the extra $10-20 per month is a deal breaker, then I'd suspect the payment is too high to begin with, and it would be wise to not borrow that much in the first place.

I know a LOT of people paying several dollars per day just for their Starbux habbit, a few bucks more a day for their smartphones, etc....

Peace

 

When i bought my truck, it was 0% for 36 months and actually came out to LESS than the $10,000 loan total.

$277.77 x 36 months = $9999.72.

My 3 year 0% interest $10,000 loan cost them 28 cents

 

3.44% from Toyota Finance with $1,000 college grad in November, 2010.