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How much do you owe on your Tacoma?

DWhite750

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2017 White Pro Double Cab, Short Bed Automatic
This is kind of how I see things but I know it’s an unpopular opinion.
Your most powerful wealth building tool is your income. When all your income has other people's names on it, you have no money muscle
 

Tyler

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2017 Quicksand Off-Road Double Cab, Long Bed Automatic (Build Thread)
A lot of people don’t like having payments but I hardly notice they’re there. Everything I have are automatic and it isn’t a paycheck to paycheck type of deal so it’s really not affecting much.
 

Tyler

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Your most powerful wealth building tool is your income. When all your income has other people's names on it, you have no money muscle
Understandable. Unpopular opinion is unpopular.
 

Tuglife

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2018 White Off-Road Double Cab, Short Bed Automatic
I don't think that paying it off was a bad decision.

It can go both ways though. If you get a really good APR (under 2%) then yes, it's most likely better to put that money somewhere where you can gain more on it.
However capital gains aren't guaranteed on investments. There is always the possibility the markets tank (as they did in March) and then you're probably more negative than you'd have been paying the loan interest.
This is kind of how I see things but I know it’s an unpopular opinion.
I only Slightly mess around with stocks. 401k Roth IRA all that Jazz. I think my futures are going to be properties and either flipping or rentals. But at the same time paying off the tacoma I checked My carvana offer and it was more than I paid New 2 years ago so the tacoma wasn’t a horrible investment lol.
 

TacoDerek

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2020 Cement Off-Road Double Cab, Short Bed Automatic
Oof! What was the sticker price?
It was $41,133, and I got it for $37,011 (9.98% under asking price). The dealer wouldn't give me what I wanted for my trade-in so I sold it to Carmax (probably could have gotten a little more private party but I really wanted to drive the truck home that day because I finally found the one I wanted after weeks of searching and haggling between dealers), but after TTL, I drove it home at $34,277 for their 1.9% financing for 60 months. The ONLY part I regret is finding out the next day that the 2021 ORDs come in army green, but whatever, my fiancee likes the cement!
 

Tyler

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It was $41,133, and I got it for $37,011 (9.98% under asking price). The dealer wouldn't give me what I wanted for my trade-in so I sold it to Carmax (probably could have gotten a little more private party but I really wanted to drive the truck home that day because I finally found the one I wanted after weeks of searching and haggling between dealers), but after TTL, I drove it home at $34,277 for their 1.9% financing for 60 months. The ONLY part I regret is finding out the next day that the 2021 ORDs come in army green, but whatever, my fiancee likes the cement!
You got a good price compared to the sticker and yeah, the green is awesome but the cement is a classic.
 

TacoDerek

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2020 Cement Off-Road Double Cab, Short Bed Automatic
You got a good price compared to the sticker and yeah, the green is awesome but the cement is a classic.
Honestly, I could not beat that deal. I was hoping for 0.0% financing too, but considering how much I got off the price, I'm fine with it. I bought a 2010 Prius and drove it for the decade up until I got this Tacoma, so I'm happy with staying in the Toyota family.

I think my Cement is going to look sick af when the camper shell arrives (fingers crossed - this month) and the cab roof rack gets here. Victory already sent me the camper roof rack, but I don't have the camper yet!
 

TrailMercs

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2018 Inferno Off-Road Double Cab, Short Bed Automatic
$38,000 out the door. Straight cash homie. Don't owe a thing. Its beautiful
 

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Tyler

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Honestly, I could not beat that deal. I was hoping for 0.0% financing too, but considering how much I got off the price, I'm fine with it. I bought a 2010 Prius and drove it for the decade up until I got this Tacoma, so I'm happy with staying in the Toyota family.

I think my Cement is going to look sick af when the camper shell arrives (fingers crossed - this month) and the cab roof rack gets here. Victory already sent me the camper roof rack, but I don't have the camper yet!
Cement does like sick af with mods, especially since most of the added stuff will be black. Having the roof rack without the shell must be rough!
 

TacoDerek

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2020 Cement Off-Road Double Cab, Short Bed Automatic
Cement does like sick af with mods, especially since most of the added stuff will be black. Having the roof rack without the shell must be rough!
It's the worst. I even assembled it the other day and it just made me feel worse.
 

3cent.Taco

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2018 Midnight Black Pro Double Cab, Short Bed Automatic
I've got a little less than $2k left and just going to pay it off next month! So close!
 

Butch

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2020 Barcelona Red Off-Road Double Cab, Short Bed Automatic
I have a 2020 TRD Off Road that I bought in Feb 2020 for about 38,000ish and I paid cash. I was lucky enough to have the money because I had spent $65 on a raffle for a 1969 Ford Bronco about six months before that and ended up winning. I sold the truck back to the people I won it from. It almost broke my heart but I have two young kids and the State of Arizona wanted me to pay about 25,000 just to register it. So, for my family and bank account I sold it and got a sweet Taco!


Original link: https://youtu.be/Z8sul4H-rN8
 

TRDcement_taco19

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19 TACO OR premium pkg $40k lease $274/mo @ 36mo. 12k mi a year. $10k down (trade in) pocket $4k cash. residual value $25k by 2022 end of term. Prob just Refi $5k down @ $25k already in about $10k in mods 😂🤦🏻‍♂️