Quote:
Originally Posted by MuseChaser
Not really. There was no fine print in the financing contract about having to mail extra principal payments to a different address, and having to do that is in direct opposition to the finance officer's representation of the loan contract. So.. no, everything did not go as expected, hence the post.
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I guess I'm not surprised at any of it, cause I can offer my own experience with a loan from Toyota Financial. Far less crazy-making, however:
Having set up an online account, I experimented by making a timely payment and a few days later making an additional payment. When the statement came, sure enough the next due date was not next month, but the month following. Good for putting it out of your mind for a while, but bound to bite you in the mass one way or another. Making a payment against principal, however, was possible by following certain instructions, doing it between certain dates, pressing certain buttons. You had to look for the instructions, but they are there. They hide them a little, cause after all, paying down principal is unsportsmanlike and costs them money.
Now ask me how I bought a glorious, slightly used BRZ still under Subaru warranty at a Toyota dealer and wound up with a Toyota extended warranty.
