Toyota is offering a rare finance incentive on factory-certified Tacomas. According to a newsletter sent to Central Atlantic dealers (DE, PA, MD, VA, WV, etc.), Tacoma CPO buyers can now enjoy 2.49% APR for 60 months. This could be a good deal for buyers struggling with dealer mark-ups on used Tacomas.
Until November 30, all used Tacomas are eligible. That’s the same rate you’ll find on the RAV4 and Highlander, and could mark an unusual chance to strike a deal before Black Friday. Unfortunately, we don’t see the deal in other parts of the country. As a result, your results will vary depending on where you live.
While the best CPO car deals involve rates as low as 0% APR, used Tacoma deals are unusual. On a $ 40,000 truck, a 5-year 2.49% loan would cost about $ 42,583 before taxes and fees. While it certainly isn’t cheap, a 4% rate with an outside lender would work out to around $ 44,200.
Unfortunately, used vehicle prices remain high due to a shortage of inventory. Therefore, getting a decent rate on a car loan may not mean much if the truck you find is too expensive. We recommend that you shop carefully and be aware that the Tacoma tends to have exceptionally high resale values compared to other trucks.
For example, a dealership in Albuquerque, New Mexico currently owns a 2015 Tacoma V6 Double Cab with 71,947 miles listed at $ 38,995. It’s actually more expensive than the original MSRP of a new 2015 TRD Pro ($ 36,635). Depending on local demand, buyers may see extreme price differences on the Tacoma.
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