Toyota Money Factor Strategy?

Ask the Hackrs
,
1

I have a 2019 Tacoma lease offer with a great 86% RV but a 0.00275 (6.6%) MF. I can use MSD’s (9) to reduce the MF to 0.00203 (4.872%). Any suggestions to get a lower MF?

1 Like
2

The Money factor is set by the lender based on your credit. If that’s the Tier 1 buy rate, it is what it is. MSD can lower it, or you could look at what rates credit unions or third party banks are offering. The residuals and incentives will probably be different though.

3 Likes
3

.00275 is the standard MF so you need MSD or 1 Pay.

2 Likes
4

How much does 1 Pay save? Isn’t it riskier to pay up front?

Thanks

1 Like
5

Drops the MF down to .00175

1 Like
6

4 posts were merged into an existing topic: Isn’t total payments the only thing that matters?