Ask a Finance Expert at Labadie Toyota

When financing, it may not be necessary to put any money down to finance a car, or your lender may require you to put a certain percentage down. A common down payment amount is 10%, which will decrease the amount of interest you pay and lower your monthly payments.

Any new car will have tax, title and documentation fees. These fees are controlled by the state and have minimum amounts that are required by law to charge.

We have tools on our website to estimate your trade-in value. For the most accurate assessment, we recommend that you schedule an appointment for an in-person appraisal.

Yes. Financing institutions will review your credit to determine your financing rate. If you have a low credit score or no credit, not to worry-- we work with all types of credit.

Yes! Labadie Toyota works with over 30 lenders to provide as many people with the opportunity to finance as possible. We work with all types of credit and are happy to assist you.

Yes! If you are a recent college graduate, Toyota Financial Services has programs for first-time car-buyers. You can have someone cosign (which is just an easier way to say back you up financially), or we can assist you using one of our many lenders that work with all types of credit.

The best length of a car loan is what works best for your budget. The less time you pay on a vehicle, usually the less interest you acquire and the faster you are free of a car payment. However, paying for a car in cash or financing for 36 months isn’t an option for everyone, which is why we offer multiple term options to ensure you can get the car you want at a payment plan that works for you!

We can certainly try! Labadie Toyota works with over 30 lenders and can instantly shop those lenders for the best rate. If we can beat your pre-approved rate, great! If not, you know you have the best rate you can get.

Absolutely. Through our trade-in program, we are constantly reviewing the equity you have in your vehicle. If you want to consider a new Toyota down the road, we can see if we can beat your current payment through new incentivized rates and your vehicle’s equity to get you into a new vehicle at a lower payment. You also have the option to refinance, which can sometimes lower payments.

Of course! Keep in mind, however, you are still responsible for the amount you owe on your vehicle. If you owe $10,000 on your car and you sell it for $8,500, you are still responsible for the remaining $1,500 in payments.

Yes, and we think it is a great idea to do so. We have many offerings, from full warranty coverage to powertrain and even prepaid service. With how complex features like Apple CarPlay® and Lane Keep Assist are becoming, it’s no wonder that the cost to fix those features can be expensive. With an extended warranty, you can have peace of mind that your car is covered.