I have my car loan through Toyota Financial. When I tried to pay off my car loan - my balance is 2100 and when I tried to get the Pay Off Quote, they’re asking for 3600.

I thought Toyota Financial has no prepayment penalty? My APR is 3.9%

  • yayaemmi@alien.topB
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    1 year ago

    I’m confused as well- I called to get a pay off quote over the phone and it was around $28KI went into a dealership as I was looking at trading in, they came back with the numbers and TFS told them my payoff was just over $33K. I still to this day have not been provided an answer as to why or how.