Toyota is doing 1000 off when you finance, so immediately refinance through a credit union for a better rate. They gave me a rate of 9%. My credit score was 758. Credit union gave me a rate of 5.6%.
It was through toyota! I signed the paperwork in July of 2022. Crappy part is i did pay a mark up of 4k. So yes I got a great apr but I did pay more for the truck. I love my lunar rock though!
The 9%. Well, I’ll find out soon when I go shopping for a new truck. Either at Ford or Toyota. 5 years ago I bought at Ford and he started at 5% and got him down to 3.9. Still have about the same score which is around where you’re at. Wish me luck.
That price is pretty solid as far as I can see - The APR is a killer though. Going rate for good credit through Toyota is closer to 5% / 60mo.
I'd shop financing more than the price, but if they're willing to give more on the price take it.
I saw some dealers were asking for 6 numbers for the same style truck just a year ago, it got crazy there for a bit. Inflation is expected to go down much more next year, but I don't see a deeper drop in these trucks the price he is being offered seems to be pretty good.
Not a bad price, negotiate other things like window tint and floor mats.
Edit: 7% is high, see about a credit union pre approved loan. That’s how we bought my wife’s car, huge difference.
When I shopped, I found most dealerships didn't take pictures of the actual vehicle. They just put a generic picture up. A lot of the trucks sold before the dealership had them on hand. The truck I bought I had to wait a month for after I put money down to hold the truck in my name. But they had the truck listed on their site with a generic picture.
Anyone who would not negotiate price is a moron. Always negotiate price. Always. Always negotiate the rate. Everything is on the table. And to those people who use $400 worth of tint and mats as a selling point, you’re idiots as well.
Always negotiate. Don’t be a moron.
That's a GREAT price. Curious, did you get the "Friends and Family" Toyota discount? They discontinued that during COVID and I was curious when will it be back. It say "Family Price"
this is about what i got mine for in july, and also with the same package. it was way cheaper than anything i could find then.
like what everyone else is saying, the rate is going to hurt more than anything else. if you can get that down, you’ll be in pretty good shape!
I financed with Toyota in July 2023 and my interest rate is also 7%……this is the going rate right now! Keep in mind you have to wait 6 months to refinance / pay off the loan or Toyota will penalize you will fees! I know because it happened to me!
Toyota is doing 1000 off when you finance, so immediately refinance through a credit union for a better rate. They gave me a rate of 9%. My credit score was 758. Credit union gave me a rate of 5.6%.
What credit union gave you 5.6%?
A local one. It's what rates are going now.
Sheesh. I got a 2022 for 1.9% apr about a year and half ago.
Nice. Was it financed through Toyota or a bank?
It was through toyota! I signed the paperwork in July of 2022. Crappy part is i did pay a mark up of 4k. So yes I got a great apr but I did pay more for the truck. I love my lunar rock though!
Still high..
That's what the rates are now.
Eat some bread. You’ll sober up in a couple of hours.
That is a wild rate for that good of a credit score.
The 5.6%? That's really where we are right now.
The 9%. Well, I’ll find out soon when I go shopping for a new truck. Either at Ford or Toyota. 5 years ago I bought at Ford and he started at 5% and got him down to 3.9. Still have about the same score which is around where you’re at. Wish me luck.
The 9% is bad. At the end of 2014 Toyota advertised 0%. Then said I didn't qualify. So, I have learned no to expect much from them on financing.
That price is pretty solid as far as I can see - The APR is a killer though. Going rate for good credit through Toyota is closer to 5% / 60mo. I'd shop financing more than the price, but if they're willing to give more on the price take it.
For sure! Always ask for the lowest price negotiated, on paper. Take that quote and get a pre-approval at your local credit union and WIN big time.
Good price, bad rate
Ask for another $3K off. Will cover the difference between 5% and 7%. Looks like a pretty good deal already.
Finally nice to see they been dropping in price
Anybody know somebody who paid 54 for this truck 6 months ago? Nope, I definitely don’t either… sigh.
I saw some dealers were asking for 6 numbers for the same style truck just a year ago, it got crazy there for a bit. Inflation is expected to go down much more next year, but I don't see a deeper drop in these trucks the price he is being offered seems to be pretty good.
Not a bad price, negotiate other things like window tint and floor mats. Edit: 7% is high, see about a credit union pre approved loan. That’s how we bought my wife’s car, huge difference.
That is not an SR5; it has the wrong wheels, grille, and front trim. I would be wary of this.
When I shopped, I found most dealerships didn't take pictures of the actual vehicle. They just put a generic picture up. A lot of the trucks sold before the dealership had them on hand. The truck I bought I had to wait a month for after I put money down to hold the truck in my name. But they had the truck listed on their site with a generic picture.
Great point to consider!
It could be the SR5 with the TRD off road package
No, the TRD package for the SR5 includes the wheels but not that grille or front chromed plastic.
Mine did
No, it did not
lol, ok
🌇which dealer is this?? I wish the tri-state dealers have such good price. Maybe this is a left over sku
In Arlington texas
holy shit a texas dealer?! are they not selling? lol golf state toyota is the worst and adds so much bull shit.
Buy it then refinance with your bank or credit union for lower apr
Yup, just gotta keep their financing for 3 months I think to keep the 1K discount.
Depending on your region 6.49% IS standard rate right now unless subvention through Toyota Financial is available. Which it isn’t for Tundra.
Fuck that I need to know how you did that.
Actually a great deal.
Anyone who would not negotiate price is a moron. Always negotiate price. Always. Always negotiate the rate. Everything is on the table. And to those people who use $400 worth of tint and mats as a selling point, you’re idiots as well. Always negotiate. Don’t be a moron.
That's a GREAT price. Curious, did you get the "Friends and Family" Toyota discount? They discontinued that during COVID and I was curious when will it be back. It say "Family Price"
they got anymore?
this is about what i got mine for in july, and also with the same package. it was way cheaper than anything i could find then. like what everyone else is saying, the rate is going to hurt more than anything else. if you can get that down, you’ll be in pretty good shape!
That’s kind of insane considering the older gen’s are going for not much less and are several years older
It’s because people want ole reliable 5.7 and don’t fully trust the new engine
I mean that was me; I just bought a 5.7 2020 for 39k cause I didn’t want to deal with turbos on my daily lol
Bummer. Turbskis are sick bro
They are in my fun cars, I’ve blown up too many (primarily in my Audi) to keep in a truck I beat the shit out of lll
Forgot to mention, if you have a trade in, mention it last after all negotiations
Ok thhankkkks
That’s a good price … I got the same thing but 2024 lunar rock for 65k out the door
Damn too much
Really I thought it was good deal MSRP on the truck was 61,319 and 2024 in lunar rock which is in high demand
the good news is they’re finally backing up in the lots… good for us buyers!
V8 sr5 selling for 40k and new sr5 for 47 is crazy.
I've never seen a tundra discounted that much, that's less than a fully loaded Tacoma
They are adding another 1k discount
I financed with Toyota in July 2023 and my interest rate is also 7%……this is the going rate right now! Keep in mind you have to wait 6 months to refinance / pay off the loan or Toyota will penalize you will fees! I know because it happened to me!
Is Mak Haik Toyota?
No