How to get the Toyota financing deal you want: What to do
I just bought a new car, and as I drove past the Toyota dealership in Melbourne, I noticed that it was in a lot of pain.
I had to ask a salesman if he could fix the car for me.
As he pointed out, I would need to pay around $1,200 to the company for a loan, plus a car payment of $500.
When I told him I would like the car, he said I could borrow it at a lower rate, and I would have to pay $500 back over the course of three years.
But that would be the end of it.
The dealership was going to have to make some changes to the loan agreement.
After a few more questions, I was told the car had already been bought and that it would not be eligible for financing for three years, unless I had paid $1.25,000.
What the heck happened?
I went into the finance department of the dealership and got my money back.
“No problem,” they said, “we’ll take care of it.”
I had paid about $900 in car payments over the three years that I had borrowed the car.
The car was bought on the cheap, and was not used.
I paid the full amount I borrowed, and that’s when I discovered Toyota had a problem.
The company said it would accept a $1 loan on the car if it could pay back the full $500 in three years by selling the car on for $1 at the end.
In the two years that the car was on loan, the company paid off the loan, and the car then went on the auction block.
The car never sold.
Toyota had been selling the vehicle to investors and customers for several years.
What to do about itI contacted the Australian Competition and Consumer Commission (ACCC) and asked for help.
They offered me a free copy of Toyota’s “Selling your car for $US1,000” brochure, which can be found here: https://www.accc.gov.au/consumer-protection/consumer/marketing/market-guide/selling-your-car-for-usd-1-000.html The brochure tells the story of how Toyota sold a car for a quarter of a million dollars.
It’s important to note that, when Toyota sold the car to investors, it did not take the vehicle off the auction market.
It simply sold it off and left the vehicle with investors.
While the brochure says Toyota sold it for $7.2 million, the seller was actually selling it for about $1 million, which is less than half of the purchase price.
This meant the Toyota finance company, which has an interest in the car and the vehicle’s value, was paying a lot less than it should have.
However, if Toyota is paying back the loan with a higher interest rate, it means the car will be able to be sold again, and Toyota can make more money.
Why did the car go on the market?
Toyota told ABC News that the reason the car went on sale was to get investors to buy it.
But the finance company said this wasn’t the case.
Toyotas loan deal was to “provide a vehicle for an investment to sell for less than the fair market value”.
What happened next?
Toyotac did not have a very good track record when it came to getting investors to sell cars.
According to the Financial Services Compensation Scheme, in 2015, Toyota’s share price fell by 5.3 per cent.
Even before the financial crisis, the stock had lost more than 25 per cent since its peak in 2012.
That was a very bad time for the company.
For one thing, the car has been on the books for less time than a year, and it’s been sold at a discount to its fair market price.
Furthermore, the Toyota car was not a high-performance vehicle, with a base price of about $15,000, compared to a more expensive car like the Nissan Leaf or the Lexus RC.
So what’s Toyota going to do now?
The company has a number of options.
It can sell the car at a higher price, which would make the loan repayment less worthwhile.
Or it could take the car off the market and get investors back to buying it, which could lead to a higher-priced vehicle on the road.
Toyo also has a policy of selling cars for $5,000 to investors who pay the full loan amount, or less.
In some cases, Toyota has also agreed to sell the cars at a discounted price, to the tune of $1 or less, depending on the circumstances.
So, what should you do?
The first thing you should do is contact the car manufacturer to find out if