- #52 of 923
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Re: Not Sure [hockeyeast]
by tylorkitty
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Apr 17, 2008 (9:49 pm)
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Replying to: hockeyeast (Apr 17, 2008 8:59 pm)
Thats what I mean, in the scenario I would have no truck and no money. How do I know Toyota will not say, that its my problem to get the title to them, leaving me screwed, if I do not supply the Title then I cannot complete my part of the Buy Back. I do not see anyone saying they surrndered their truck, and Toyota paid off the lien holder and gave the customer the rest of the $$. I am CONFIDENT that the Bank will want the loan paid off when they find out I do not have possession PLUS I carry FULL Liability Vehicle Insuarance as well. Why pay for full coverage insurance on a truck I no longer have? see the issues? I called Toyota, they could NOT answer my quuestions, which leads me to believe, in that scenario I WOULD be screwed, and have to come up with the 6k to get the Title released so Toyota coud process my claim in the Buy back program. ** has anyone out here surendered their truck and had their lien holder paid to get the title????
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- #53 of 923
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Re: What's the deal here? [hockeyeast]
by otto8
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Apr 18, 2008 (5:22 am)
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Replying to: hockeyeast (Apr 17, 2008 3:50 pm)
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- #54 of 923
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Re: Not Sure [tylorkitty]
by otto8
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Apr 18, 2008 (5:28 am)
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Replying to: tylorkitty (Apr 17, 2008 9:49 pm)
Kitty........Its simple.............toyo will send any buyback money directly
to your finance org. to release the title to them. If you owe more than that
YOU prob. will have to come up with the CASH difference for them to
release the title.
You may have a problem................
As far as your insurance .....Just cancel your policy. Your insurance
company will refund you any unearned premium amount you may have.
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- #55 of 923
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Re: Not Sure [otto8]
by tylorkitty
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Apr 18, 2008 (6:46 am)
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Replying to: otto8 (Apr 18, 2008 5:28 am)
HI, I'm not worried about me owing more than what they will give me, I Owe 6k, the buy back will be around 15k. What I am worried about is surrending the vehicle, and Toyota wants the title and I HAVE TO PAY THE LOAN OFF 6k BEFORE I CAN GIVE THE TITLE TO THEM, I a NOT working. I have not see one post of anyone saying that Toyota will pay a lien holder in order to get the title once they take possession of a vehicle.
PS I cannot just cancel my insurance, as long as I have a loan out I am required to have full covergare or it would be default on the loan.
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- #56 of 923
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Re: Not Sure [tylorkitty]
by whitewaternut
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Apr 18, 2008 (9:07 am)
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Replying to: tylorkitty (Apr 18, 2008 6:46 am)
Took in my 1998 Tac with 103,000 this morning and it failed the frame inspection. Dealer said that Toyota would contact me in 7 to 10 days. It's been a great truck, I hate to lose it.
Will post updates when I get them.
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- #57 of 923
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Re: What's the deal here? [otto8]
by hockeyeast
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Apr 18, 2008 (10:00 am)
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Replying to: otto8 (Apr 18, 2008 5:22 am)
Holy Crap!!!! 
Nice Post!
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- #58 of 923
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Re: Not Sure [tylorkitty]
by kcram HOST
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Apr 18, 2008 (2:45 pm)
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Replying to: tylorkitty (Apr 17, 2008 9:49 pm)
It should be treated by your bank the same as a dealer trade-in. Toyota will satisfy the loan and pay you the difference. Same as if you trade in a vehicle that is worth more than the loan... the dealer pays off the loan to get the title and pays you the difference.
kcram - Pickups Host
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- #59 of 923
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2002 Tacoma Crew Cab
by mehunter
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Apr 18, 2008 (7:56 pm)
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Was just wondering if any 2002 crew cabs were recalled???? 
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- #60 of 923
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Re: Not too bad of a deal [horrorshow]
by horrorshow
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Apr 19, 2008 (4:39 am)
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Replying to: horrorshow (Apr 10, 2008 5:35 am)
Toyota is giving me just under $10,000 for my truck (96' extended cab 4x4). It has been 3 weeks since I brought my truck in for inspection. A meeting has been set up for next week to sign over the truck to them and receive the check. Everyone I have dealt with has been very helpfull and they actually return my calls! But be prepared to be without a truck for about a month if you bring yours in for inspection.
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- #61 of 923
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Re: Bad Frame and Refused [rayslogcabin]
by otto8
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Apr 19, 2008 (5:00 am)
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Replying to: rayslogcabin (Apr 12, 2008 5:45 am)
Heres a close up shot of one of those quality mexican made frames:
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![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
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