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View Full Version : has anyone negotiated TFS interest rates down?

TinyGiant
10-18-2009, 07:45 PM
my interest rate from when i purchased the car was like 8.6% or something We are starting to get back on our feet from the layoff but anything helps.. think they would lower the interest rate on the loan?
bladesmith6
10-18-2009, 08:21 PM
I severely doubt it, I bought my card 3 yrs ago and got 8.95 % from the dealer and wasn't happy then, they pretty much told me to pound sand and I doubt they have gotten any better. While I'm glad I bought a toyota for other reasons, I've always had the feeling they were "oh you already purchased your vehicle, well then I don't really care unless your buying another one"
TinyGiant
10-18-2009, 08:22 PM
yeah did you talk to the dealer or toyota credit?
bladesmith6
10-18-2009, 08:29 PM
Well the local dealer at the time. I haven't tried thru TFS since then. I didn't like how I was treated at the dealer and kind of just left it at that but try TFS ya never know, maybe keeping current customers happy means more to them...
TinyGiant
10-18-2009, 08:32 PM
yeah . i called my 2 credit cards and got them down to 0%-5% i think i'll call toyota tomorrow. can't hurt to ask :)
POORSHA
10-18-2009, 09:26 PM
aaa southern ne refi rate is 4.49
TinyGiant
10-18-2009, 09:29 PM
being that my house is in forbearance idk if i can refi outside of the companies i am already dealing with

after this months payments they are supposed to put my mortgage back on regular standings so it doesnt look like i'm not paying lol such an odd system they have
yaris-me
10-19-2009, 01:04 AM
Don't go to Toyota first. See if you can get another company to give you a better rate, then go to Toyota and tell them that you found a better rate.:thumbsup:
YarisSedan
10-19-2009, 01:07 AM
I went to my local credit union and refinaced my loan to i thikn 4.9. They sent toyota a payoff check and now they are my new lender. I would give that a shot and see how much you can save.
TinyGiant
10-19-2009, 01:20 AM
i'll see what they can do .

or just call and bluff the toyota and tell them i found 4.9 and am considering refi but if they would like to reduce my rate i'll let them keep it
contraband831
10-19-2009, 01:36 AM
I would go to a credit union, TFS are greedy PIGS!
yaris-me
10-20-2009, 12:20 AM
i'll see what they can do .

or just call and bluff the toyota and tell them i found 4.9 and am considering refi but if they would like to reduce my rate i'll let them keep it

Don't bluff. They can look up your credit score. They'll be laughing if you can't leave.
SaerinRhoe
10-20-2009, 12:29 AM
This reminds me of an old song...

You gotta know when to hold 'em,
Know when to fold 'em,
Know when to walk away,
And know when to run.

Or something like that at least. :) Good luck with your search and I hope you can get a lower interest rate. That gives me hope of lowering my 17.99% interest rate that I've got on my Yaris right now.

S.R.
TinyGiant
10-20-2009, 12:30 AM
woo thats high