2010 3dr Yaris

[oyceelol]

Originally Posted by YarisOwnersDad

If you are asking how much money you must pay at the time you make the deal, that depends on whether or not you are going to be making a cash down payment.

Usually, no money changes hands at the dealership when there is no cash down payment. The financing usually includes all the fees, so you just start making your payments and don't pay anything at the time you buy the car.

Tom

P.S.

If all of this buying a new car business is brand new to you, and it sure sounds like it is, then you should get a friend who knows the ropes to go with you. You are "ripe for the picking" and stand a good chance of being taken advantage of at the dealership.

For example, if you let the dealer pick the bank that will finance you car, he will most likely pick the bank that is most favorable to the dealership and not necessarily the lowest interest rate. The finance guy didn't bother to ask where my son wanted to finance his new Yaris and just started the paperwork for Toyota financing. I was present, and I said, "Hold on a minute. What is the interest rate?" I believe it was going to be 8%, and that was way high,so I had the guy go with another bank. The thing is, I knew what to expect for an interest rate, and I was able to see that what Toyota wanted was out of line.

So do I pay the document fees, title and registration, and sales tax together with my monthly payment?