Dave
Jacksonville,#2Consumer Suggestion
Thu, January 11, 2007
They are correct. It takes the dealer 2 weeks typically to pay off a car. So, if you traded on Thursday, and the payment is due Friday, then you need to make the payment to them, since the car isn't paid off yet, otherwise they can screw with your credit. You will get that payment back when Toyota pays off your loan. The Daewoo lender must refund any overages of payoff to you within 30 days.