[josurr]

im no expert on financing, but as soon as the collection note on your report goes away, either talk to Toyota Financial, or your bank or someone you know that is an accountant about refinancing cause you'll probably save some, if not a lot, of money b/c youll get a lower APR most likely w/o that collection note on your report... thats my $.02

but if i were you, i would talk to a financial person at the dealership you got your tC at about refinancing or your bank...

i got 4.9 for 60 mo. through Navy Federal (since my dad agreed to co-sign just so he could see if i could handle both car & insurance payments, including any maintenance/mods i do...). payments are ~$385, but i was only able to put $1500 on the $21000 sticker.. ill probably try to refinance around august of next year (after i get a good chunk of it paid off)

 

[josurr]

im starting to do what lance is talking about... my dad was a CPA for about 15 years and he calculated that if i paid (if i remember correctly that is, ill have to double check with him) $100 more than what was required, i would have the tC paid off in 2 1/2 years

 

[josurr]

yea, my dad said that if he ever has to make a payment, EVER, he will part out any mods on my car and then sell it to teach me a lesson on thrift/messing with his credit/responsibility

so im making sure to make my payments.. plus i can just transfer over funds from my checking account and Navy Fed. whenever i feel like it (yay for not having to write checks and direct deposit!!)