1. Welcome to Tacoma World!

    You are currently viewing as a guest! To get full-access, you need to register for a FREE account.

    As a registered member, you’ll be able to:
    • Participate in all Tacoma discussion topics
    • Communicate privately with other Tacoma owners from around the world
    • Post your own photos in our Members Gallery
    • Access all special features of the site

Paying off tacoma

Discussion in '2nd Gen. Tacomas (2005-2015)' started by newfie8, Jan 14, 2012.

  1. Jan 14, 2012 at 12:15 PM
    #1
    newfie8

    newfie8 [OP] Well-Known Member

    Joined:
    Mar 9, 2009
    Member:
    #14512
    Messages:
    246
    Gender:
    Male
    newfoundland
    Vehicle:
    09 tacoma
    Tinted windows all around. Fog lights. Intermittent wiper switch. Skid plate. Extra D rings. Grillcraft. Color matched grill. Hella 500ff HID behind grillcraft. Rcbs204 Lighting. 5100's up front. 265/75/16 Duratracs.Firestone riderites. Bora Wheel spacers. Tinted tails. De badged. Blacked out rims.
    Got one year left on my loan with toyota credit. And i'm wondering if i can pay it off without a penalty?
     
  2. Jan 14, 2012 at 12:20 PM
    #2
    Thundjet

    Thundjet Well-Known Member

    Joined:
    Dec 14, 2011
    Member:
    #68756
    Messages:
    141
    Gender:
    Male
    Vehicle:
    2012, V6, Sport TRD, Auto, 4 wd
    Depends on the type of loan and what laws apply for the area you live.
    Contact the applicable customer service department.
     
  3. Jan 14, 2012 at 12:21 PM
    #3
    k20me

    k20me Well-Known Member

    Joined:
    Nov 28, 2009
    Member:
    #26641
    Messages:
    530
    Gender:
    Male
    First Name:
    Josh
    So. Cal
    Vehicle:
    2016 4Runner Trail Edition
    I paid mine off a few years back with one year left on the loan with no penalty and it was and it was through Toyota Financial.

    Contact them directly just to be sure.
     
  4. Jan 14, 2012 at 1:00 PM
    #4
    sparkhill

    sparkhill Well-Known Member

    Joined:
    Sep 3, 2011
    Member:
    #62852
    Messages:
    112
    Gender:
    Male
    It is very unlikely that there is a prepayment penalty with Toyota Financial Services. Just call or look at your loan disclosure to be certain.
     
  5. Jan 14, 2012 at 1:04 PM
    #5
    Omar

    Omar Well-Known Member

    Joined:
    Jan 4, 2012
    Member:
    #69991
    Messages:
    65
    Gender:
    Male
    New Jersey
    Vehicle:
    TRD Sport Access Cab
    Depends on your state laws if they can. Even then just because your state says they can doesn't mean they will. Call the customer service number on your statement to be sure
     
  6. Jan 14, 2012 at 1:11 PM
    #6
    toyotatacomaTRD

    toyotatacomaTRD Senior Member

    Joined:
    Sep 16, 2010
    Member:
    #43379
    Messages:
    1,204
    Gender:
    Male
    First Name:
    Rob
    Pacific Northwest
    Vehicle:
    2005 4x4 DC TRD Off Road
    11 Color Matched Grille, Pro comp 7089s, 265/70/17 Wrangler Duratracs, Black Running Boards, Tinted Windows, Bed mat, Weathertech Floorliners
    I would highly doubt there is a penalty for paying off early. If there is, I would make sure I never used them for a loan again. I have never had a vehicle payment that I didn't pay off early.
     
  7. Jan 14, 2012 at 2:26 PM
    #7
    newfie8

    newfie8 [OP] Well-Known Member

    Joined:
    Mar 9, 2009
    Member:
    #14512
    Messages:
    246
    Gender:
    Male
    newfoundland
    Vehicle:
    09 tacoma
    Tinted windows all around. Fog lights. Intermittent wiper switch. Skid plate. Extra D rings. Grillcraft. Color matched grill. Hella 500ff HID behind grillcraft. Rcbs204 Lighting. 5100's up front. 265/75/16 Duratracs.Firestone riderites. Bora Wheel spacers. Tinted tails. De badged. Blacked out rims.
    Ok thanks guys! I'll call monday.
     
  8. Jan 14, 2012 at 5:20 PM
    #8
    DIVERMAN

    DIVERMAN Well-Known Member

    Joined:
    Jan 23, 2010
    Member:
    #29888
    Messages:
    460
    Gender:
    Male
    First Name:
    Cullen
    Louisiana
    Vehicle:
    2012 Pyrite Mica 4x4 TRD O/R SWB
    Tailgate theft prevention, Locking rear window, Blind spot mirrors, Fogs on anytime, Rear diff breather relocated, Bed storage locks, LEDs in/out, Relocated trailer plug(custom!), OEM bed mat, OEM running boards, OEM bed divider, Bed lights, Rev lights, Raptor lights, WeatherTech floor mats and window vents, Extra D-rings, ImMrYo Bracket, UWS low pro black toolbox, Carhartt seat covers,
    dealer said no penalty when i bought mine.
     
  9. Jan 14, 2012 at 7:03 PM
    #9
    charles08tacoma

    charles08tacoma Well-Known Member

    Joined:
    Feb 18, 2011
    Member:
    #51401
    Messages:
    368
    Gender:
    Male
    Santa Cruz, CA
    Vehicle:
    08 Prerunner SR-5 Access Cab
    White Snug Top shell
    I paid mine off 5 months early & no penalty from Toyota credit.
     
  10. Jan 14, 2012 at 9:12 PM
    #10
    wileyC

    wileyC Well-Known Member

    Joined:
    Oct 22, 2011
    Member:
    #65685
    Messages:
    3,067
    Gender:
    Male
    Centerville, OH
    Vehicle:
    2012 PreRunner Double Cab TRD Sport
    look at the copy of the loan agreement you signed (you have a copy, right?)
     
  11. Jan 15, 2012 at 12:29 PM
    #11
    newfie8

    newfie8 [OP] Well-Known Member

    Joined:
    Mar 9, 2009
    Member:
    #14512
    Messages:
    246
    Gender:
    Male
    newfoundland
    Vehicle:
    09 tacoma
    Tinted windows all around. Fog lights. Intermittent wiper switch. Skid plate. Extra D rings. Grillcraft. Color matched grill. Hella 500ff HID behind grillcraft. Rcbs204 Lighting. 5100's up front. 265/75/16 Duratracs.Firestone riderites. Bora Wheel spacers. Tinted tails. De badged. Blacked out rims.
    I've been looking everywhere for it, Can't find it.
     
  12. Jan 15, 2012 at 12:37 PM
    #12
    Rusty 06 4x4

    Rusty 06 4x4 NBHNC

    Joined:
    Sep 26, 2011
    Member:
    #64142
    Messages:
    2,191
    Gender:
    Male
    First Name:
    Rusty
    West Georgia
    Vehicle:
    2006 4x4 Tacoma TRD DCSB
    most auto loans today have no penalty for early payoff just got my TITLE mod a few weeks ago
     
To Top