topic Re: Toyota financing Tier rates? in Auto Loans

Toyota financing Tier rates?

joeblow2 — Sat, 28 Mar 2009 17:28:44 GMT

Does anyone know what Tier rates Toyota financing uses? What is there min score required for their best rates?

Re: Toyota financing Tier rates?

Schoolbuskid — Sat, 28 Mar 2009 18:04:24 GMT

I believe i read that you need at least a 680 to get the good rates!

Re: Toyota financing Tier rates?

joeblow2 — Sat, 28 Mar 2009 18:05:44 GMT

So u only need a 680 to get their best rates? thats low compared to other auto finance co.

Re: Toyota financing Tier rates?

MattH — Sat, 28 Mar 2009 21:17:35 GMT

@joeblow2 wrote:
Does anyone know what Tier rates Toyota financing uses? What is there min score required for their best rates?

According to this

TIER 1+ FICO 720+ (UP TO 60 MOS) 5.90
TIER 1 FICO 719-690 (UP TO 60 MOS) 5.95
TIER 2 FICO 689-670 (UP TO 60 MOS) 7.35
TIER 3 FICO 669-650 (UP TO 60 MOS) 9.30
TIER 4 FICO 649-630 (UP TO 60 MOS) 13.50
TIER 5 FICO 629-610 (UP TO 60 MOS) 15.75
TIER 6 FICO 609-580 (UP TO 60 MOS) 17.75
TIER 7 FICO 579-520 (UP TO 60 MOS) 19.10

Re: Toyota financing Tier rates?

joeblow2 — Sat, 28 Mar 2009 22:49:17 GMT

Thx. 1 more ? does anyone have the latest tier rates of Infiniti financing ?

Re: Toyota financing Tier rates?

Schoolbuskid — Sun, 29 Mar 2009 04:23:54 GMT

Thanks Matt for the clarification!

Re: Toyota financing Tier rates?

MattH — Sun, 29 Mar 2009 10:41:10 GMT

@joeblow2 wrote:
Thx. 1 more ? does anyone have the latest tier rates of Infiniti financing ?

I did some looking around and could not find a table for them, but I suspect they'll be at least roughly comparable to what I found for Toyota.

Re: Toyota financing Tier rates?

Anonymous — Tue, 07 Sep 2010 19:54:02 GMT

As this is a Scion table for a particular dealer, can we be sure it applies to the regular Toyota make at all dealers nationwide?

Re: Toyota financing Tier rates?

Creditaddict — Tue, 07 Sep 2010 20:41:33 GMT

650 with Toyota gets you tier 3 and that qualifies for the special financing or lease specials.

I had about a 655 with Infiniti when I got the promo APR for a new QX56, not sure if they still as easy, as that was before the credit crash.

Re: Toyota financing Tier rates?

laz98 — Tue, 07 Sep 2010 22:33:21 GMT

720+ & you still have to pay over 5%??? WTH?

Re: Toyota financing Tier rates?

buggle — Wed, 08 Sep 2010 21:13:07 GMT

Last month I received 2.9% financing from Toyota with a Equifax score of 683.

Re: Toyota financing Tier rates?

Anonymous — Mon, 13 Sep 2010 21:45:31 GMT

@buggle wrote:
Last month I received 2.9% financing from Toyota with a Equifax score of 683.

NICE! It is for a new car right? How about the amount and term?

Re: Toyota financing Tier rates?

buggle — Fri, 17 Sep 2010 18:49:53 GMT

New car $25,000.00 for 5 years.

Re: Toyota financing Tier rates?

Anonymous — Tue, 21 Sep 2010 13:37:36 GMT

I'm trying to swing a used Prius or new Versa, but even the 2-3-year-old models are going for new prices on dealer lots. I know what I can afford (not much, due to needing a low-mileage car paid off within 36 mos. max), but how much do you guys think the Toyota dealers in particular are inflating the out-the-door price? $3-4K?

Re: Toyota financing Tier rates?

luckluck — Fri, 25 Mar 2011 04:19:17 GMT

what city and state did you get 2.9% with a score of 683

Re: Toyota financing Tier rates?

Anonymous — Fri, 25 Mar 2011 20:15:51 GMT

@luckluck wrote:
what city and state did you get 2.9% with a score of 683

Realize this is an old topic, but I got Tier 1 with Toyota 2 times in February 2008 with a similar score in Norfolk, VA and once in San Diego, CA June of 2010 with a slightly lower score.

Edited to add cities.