Toyota Financing FAQ with Bell Road Toyota

Toyota financing is an extremely valuable tool for drivers all across America. We understand that most people don’t have the means to pay for a new vehicle all at once, and that’s ok. We want to help you break it down into smaller, more affordable monthly payments so you can get the car of your dreams, and the car of your budget!

What’s the financing application for?

When you fill out our finance application, this gives us information like your credit history, income, and other financial details that help us determine what you qualify for.

It is important to be completely truthful in the finance application because that will impact aspects of your car loan like your monthly payment amount, number of months you’ll be paying, your interest rate, and if you’ll need to put forth a down payment. 

What should I know about my credit?

Your credit score is a number assigned to you based on how well you pay off bills, loans, and credit cards in your name. The longer you have those items and the better track record you have paying them off, the higher your credit score will go. Some general credit score ranges are:

● 300-579: Poor.

● 580-669: Fair.

● 670-739: Good.

● 740-799: Very good.

● 800-850: Excellent.

What are some don'ts of car loans?

Do not miss a payment! If you are having issues or a special circumstance, it is important to call your lender and see if they can work with you on the amount or due date. Payments need to be made on time and in full to stay on schedule and without penalties. 

Bell Road Toyota is here to serve the greater Scottsdale area for financing, and to walk you through the process at your own pace.