What Grip Ronin said. Finance it, make some payments to help establish credit, then pay it off early.

Are you planning on getting yours from there? Have you got a price? Prices seem to be a little high in our area man :-|

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Hmm, care to expand in this?

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I'd buy your car this this second if it was white!

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There's only one way to do this..

[ame="http://www.youtube.com/watch?v=qBo7HlxqeQE"]Get Rich Or Die Tryin (New Car Scene) - YouTube[/ame]

1) dealers make no money on cash buys basically, so don't tell them until you buy.

2) Pure pricing really won't let you negotiate

3) big down payment, pay it off in a year with a loan through the credit union. Build your credit.

if your credit isn't very good, this is the perfect chance to improve it. When I bought my first car, I asked "whats the smallest down payment I can make to get the lowest interest rate?"

I was similar to you, except I only had like 2/3 of the cash needed. I had a good credit score, but no history. Credit unions are usually a good place to get a decent rate, but see if the dealer can get something better. I used my first car to help build credit, I think its paid off.

To sum it up: If you think you will get any loans in the future(car, house, whatever) use this opportunity to improve/build credit easily.

The price should be the same in all areas because of pure pricing??

You need to make sure you're looking at the price for the super baseline car, they like to put in alot of options and say they're stock.
Check out truecar.com

Price is the MSRP. What increases price in some areas are taxes, destination and other "standard" fees. For example, in Puerto Rico, the destination fee is mich larger because of import taxes and freight. Just saying so that you don't have the wrong expectations.

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1) If they are a nice dealer and want repeat business from you, they have monthly allocations coming in all the time. Some even show you what's coming on their sites. if that is the case, they can just change a color that is coming at the port, get what you want.

2) Speaking as someone who has destroyed his own credit not once, but twice in his life (18 year old with credit card, 35 year old with a failed business) if you want to have better credit the suggestion made earlier of get loan, pay off, is a great suggestion, another would be get loan for $5000 or 10000, make payments for a year or two on that balance so you prove you're a reliable payer is another good thing as well.

I would say only finance if you can get a reasonable rate. If you get like a 10% interest rate, I say forget it. There are other ways to build credit, such as use your credit cards and pay them off. Small credit card purchases are easier to pay off than a large car purchase.

A higher interest rate means you'll be paying more for the car....

This is a prime opportunity to fix your credit, do not pass it up! You typically won't have any larger purchases than this, other than a house, so try the credit unions first and see what is the best rate you can get. You can typically pay your loan off early without penalty, so that will keep the interest hit to a minimum.

1) Do you have a cash back or reward points credit card? Max out the down payment on your credit card. I put down $5k on my card. It might be half a percent back but I don't care; money is money!
2) Pay your loan off in a year. Hell, you can pay it off faster if you want. If your interest rate is that bad, then just pay it off in a few months.

Double check the contract of your loan if you plan to take a loan. If you finance through Toyota, there will not be any penalties for paying off a loan early.

I cannot say for other institutions.

If you're in the military or have family/friends in the military take advantage of the $1000 off at Toyota scion dealers. It helped me out a lot


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