I regretfully made the mistake of not communicating with Toyota Financial and confessing to my change in my financial situation, due to being laid off from my job.
So of course the dreadful results of Repossession took place… The combination of losing your job and getting your car repossessed is beyond stressful,
Toyota Financial repossess the car, sends me the letter for reinstatement with a pretty breakdown of all the charges.
I now have $800 in storage and repossession fees on top of what they are requiring me to pay for reinstatement. That’s a total rip off! But I NEED A CAR!
I’m only down the $800..What are the chances they are willing to work with me before the auction date? I mean, i know it’s required by law that i MUST PAY IN FULL but can this be negotiated…? or is it the matter of the person from Toyota financial might be having a bad day and just doesn’t feel like it and provides no other options or alternates? They obviously want their money back and lose money if up for auction.
I want to approach this carefully and not sure what it’s all really worth.
So if i don’t have ALL what is on paper, will they not be willing to work with me?