Quote:
Originally Posted by xed
I just set up a blank check loan with Capital One Auto Finance so no gap is being forced on me unless I wanted it. No alarm or anything like that either. I have a FICO of over 800 so I got the lowest rate Capital One Auto has at the moment for a 60 month which is 6.35%. I figure if Toyota financing can beat 6.35% then I'll go with them; otherwise I'll just use Capital One.
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you are in an excellent position then...i would however recommend that you read the following thread:
http://www.yarisworld.com/forums/showthread.php?t=9050
before considering passing on the gap...just so you have both perspectives on that option...