Can someone tell me what "$1000 TFS Subvention" means???

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Thread: Can someone tell me what "$1000 TFS Subvention" means???

  1. #1
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    Default Can someone tell me what "$1000 TFS Subvention" means???

    Hey,

    SO, it's down to the 11th hour and I guess I'm getting nervou$... Our truck has finally arrived at the dealers and my wife and I are headed out in the morning for the 130 mile journey to go get it!!!

    My question is: Once incentive clearly states $2250 cash back while the other one is 0% financing with $1000 TFS Subvention cash back. I've been assuming all along that it's basically $1,000 that has to go towards the price of the vehicle, as opposed to "$2250 cash back" to us to do what we want with - I have no idea if that's the case or not, and we only want it to put TOWARDS the purchase price, so as long at it works that way = GREAT!

    Either way, I'm really looking forward to picking it up tomorrow...

    Thanks.

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  3. #2
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    Default Re: Can someone tell me what "$1000 TFS Subvention" means???

    $2250 is straight cash to apply as you see fit. $1000 is the same except you have to finance with Toyota at 0% up to 60 months. The bait is that a lot of people do not qualify for 0% financing and arrive at the dealer without a backup plan. Of course, the dealer will be happy to help you get financing once you are in the door. I ran the numbers on assuming you finance $20K, $30K or $35K between 0% and 4%. If you do not qualify for 0%, you will be lucky to find anyone who will finance for less than 4% at 60 months. In all cases, the $1000 and 0% financing beats going with 4% and $2250 rebate in the monthly payment savings.
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    Default Re: Can someone tell me what "$1000 TFS Subvention" means???

    Agree with TundraRockWarrior, I took the (at the time) .9% over the rebate (first '12 to roll off the hauler, I saw it delivered and it was not a s/o), the lowest I could get with traditional financing was 3.99%, did the math and was way ahead doing the financing discount, you would be too.

    If you have not already, I believe you can apply on-line at TFS to see what you qualify for. IMO the dealer should have handled all of this and locked the loan before you ordered the truck.

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    Default Re: Can someone tell me what "$1000 TFS Subvention" means???

    Thanks guys - lol, our credit rating is over 800 or whatever the heck my wife (who's worked at the bank for 25 years) says is top of the line, so I think we're good to go!!! Heading out in about an hour....

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    Default Re: Can someone tell me what "$1000 TFS Subvention" means???

    You should have no issues with 0%. We're about the same with rating and the dealer let me take the truck from Wisconsin home to Colorado without the paperwork being completed. They had to FedEx the paperwork out here for my wife to sign and I flew in to get my old car a couple weeks later and they picked me up at the airport. That's customer service.

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    Default Re: Can someone tell me what "$1000 TFS Subvention" means???

    Ask the to show you Invoice Price and add on rebates. thats it lol
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    Default Re: Can someone tell me what "$1000 TFS Subvention" means???

    It went totally smooooooth. Salesman said it was the highest credit score they've seen in over 6 months, blah, blah, blah, don't care, got my new truck and love it.

    Thanks for the help before we headed over though, I had enough stress built up and it was nice to remove one of them.

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