Question About Toyota Financing Interest Rates

Currently it appears that Toyota financing is offering a 1.9% rate through (I believe) September.

Based on history, what are the chances of this type of incentive being offered again during Nov/Dec?

I am about to pull the trigger on "ordering" my Tundra but it will not be delivered for 12-14 weeks which is when I would be setting up financing.

This is new to me as I've not financed a car in 30 years (always saved and paid cash) and I know things are a bit crazy in the market right not.

Just looking for some thoughts.

 

Rates are determined by a number of factors including market conditions, inventory and interest rates. But any OEM can ignore those and offer whatever rate they want…sometimes just for select trim levels.

So I wouldn’t use historical records to make your decision. 1.9% seems crazy low in today’s market. I’d lock that rate in if I could.

 

Was looking at cars today and with good credit we were quoted 4.9. I told the guy well,,,, we can forget that!!!

 

For how long? 48, 60, 72?