I took a big paycut at work and am forced to sell my 2005 Rav4. When I
sell the vehicle I will have to pay off the loan (for the lein release)
Since it's financed through toyota financing, where do I go to pay it
off? Do they have local offices? I don't think someone will want to pay
me for the vehicle, then wait a week to get the lein release and title.
I searched the toyota financing website, but could not find anything.
Hoping someone here has paid off their toyota.
thanks in advance,

walt

"wallster" <weldingwalt (AT) hotmail (DOT) com> wrote

you, or call the customer relations number at 1-800-331-4331 and ask them.
--
Ray O
correct the return address punctuation to reply

"Ray O" <rokigawa (AT) tristarassociatesDOT (DOT) com> wrote


walt

"wallster" <wallster (AT) wallster (DOT) net> wrote

managing online

Natalie

On 25 Sep 2005 12:43:54 -0700, "wallster" <weldingwalt (AT) hotmail (DOT) com>
wrote:

What kind of pay cut did you take?
You must really be over-extended.
I pay cash for my cars.
Credit cards paid off every month.
Screw credit. Use only for home mortgage.

"sprtel" <frenk (AT) hardknocks (DOT) com> wrote

you're the exeption, not the rule. I went from $50k/ year to $43k /year. I
have a daughter in college and another in high school. I help the older one
out with some expenses, but she has student loans. The younger one had to
have $4000. braces, and if your kid plays any sports, forget about it.
School taxes don't even begin to pay for any of the sports program stuff. So
if i add in the extra cost of fuel now, new increases in property and school
taxes, heating the house, phone, etc. something had to give and the $360.
month Rav4 was a gonner. We'll live without a new car. I'm not complaining
though, the people that are having REAL problems (ie. health, huricane, etc)
can do that, mine are just fine. : )

walt
ps. (Natalie mentioned the toyota website) i did go to the toyota financing
site and registered. Great site actually, that's how i found out the payout
amount. I just didn't know where to go to expidite the paperwork the
fastest.

"sprtel" <frenk (AT) hardknocks (DOT) com> wrote

Paying cash for cars is stupid for a variety of reasons. As a professional
you do not want to own too many things, or you actually become a lawsuit
target. For example, no sane doctor will ever own any cars, they will lease.
They will not buy a house out right, but usually take one of those finance
only loans.

If you are in any professions with exposure to lawsuits, you want to own as
little as possible. Not only doctors, but consultants, even lawyers.

During a discovery process, first thing you are ordered to do is provide a
list of your assets. If lawyers see that you own nothing, they will not
touch you. Keep cash non liquid too.

Also, if you have 30k to plop down on a car, it is actually smarter to
invest that cash and take a 1.9 percent loan (even the 10 year CDs are 2-3%
and even higher now), as you can make more money in the markets than the
1.9% you are paying for your loan.

So many reasons to finance...

On Mon, 26 Sep 2005 14:56:00 -0500, "Dan J.S." <me (AT) hyperx (DOT) com> wrote:

What a bunch of crap.

Umm... Anyone with assets to protect, would be wise to have
$1,000,000 (or more) umbrella insurance, which is quite affordable,
and then they wouldn't have to worry about lawsuits so much.

"Dan J.S." <me (AT) hyperx (DOT) com> wrote

<snip>
So, do I understand this to mean that you are suggesting he hide all his
assets, especially the "non-liquid" cash ones?

You wouldn't be a tax attorney now would you?

The OP said he had a big pay cut at work, and now you are counselling him to
load up on the credit?

No, you're not a lawyer, and definitely not an investment counsellor...

I know! You're a politician!

Re: paying off a toyota loan question

Group: alt.autos.toyota Date: Mon, Sep 26, 2005, 2:56pm (EDT-1) From:
me (AT) hyperx (DOT) com (Dan*J.S.)
"sprtel" <frenk (AT) hardknocks (DOT) com> wrote

On 25 Sep 2005 12:43:54 -0700, "wallster" <weldingwalt (AT) hotmail (DOT) com>
wrote:

You must really be over-extended.
I pay cash for my cars.
Credit cards paid off every month.
Screw credit. Use only for home mortgage.
--------------------------------------------

Paying cash for cars is stupid for a variety of reasons.
---------
Giving financial advice when you don't know what you're talking about is
even dumber.

---------------------------------

As a professional you do not want to own too many things, or you
actually become a lawsuit target. For example, no sane doctor will ever
own any cars, they will lease. They will not buy a house out right, but
usually take one of those finance only loans.
--------------

Duh...

----------------------------------------
If you are in any professions with exposure to lawsuits, ..........
--------------
All professions have exposure that is what professional liability
insurance is for.

------------------------------------------
you want to own as little as possible.
-------------

I do? What am I working for?
------------------------------------------
Not only doctors, but consultants, even lawyers.
-----------
Not even a sentence.....Again...duh...
-----------------------------------------

During a discovery process, first thing you are ordered to do is provide
a list of your assets. If lawyers see that you own nothing, they will
not touch you. Keep cash non liquid too.
---------------
Firs thing lawyers want to know is the policy #.....
Keep cash non-liquid? How is cash non liquid, when you try to use it on
the moon?
----------------------------------------------
Also, if you have 30k to plop down on a car, it is actually smarter to
invest that cash and take a 1.9 percent loan (even the 10 year CDs are
2-3% and even higher now),
---------------
Yea, EVERYBODY want a 10 year cd...
----------------------------------------------
as you can make more money in the markets than the 1.9% you are paying
for your loan.
So many reasons to finance...
--------------

So many resons to pick up a book and read. :>)