The Industry's Leading Source For F&I, Sales And Technology

Special Finance®

Toyota Offers Zero-Percent Interest on Eleven Models

October 06, 2008

TORRANCE, Calif. — Taking aim at the credit squeeze which has sidelined many potential new-car buyers, Toyota Motor Sales USA Inc. will offer a zero-percent interest rate on eleven Toyota models for qualified buyers.

The offer expires Nov. 3 and the terms vary by model, ranging from 36 to 60 months. The vehicles included are the Matrix, Corolla, Camry, RAV4, Highlander, FJ Cruiser, 4Runner, Sequoia, Sienna, Tacoma and Tundra.

"Not only do we have the inventory of today's sought after fuel-efficient models, but we have the capacity through Toyota Financial Services to finance or lease them," said Toyota Division General Manager Bob Carter.

The offer follows data released Wednesday showing Toyota's September U.S. sales plunged 32 percent from a year earlier to 144,260 vehicles, led by a 38 percent decline in light trucks.

Your Comment

Please note that comments may be moderated. 
Leave this field empty:
Your Name:  
Your Email:  



Bailout Bill Passes House, Signed into Law

The federal financial bailout passed the House in its second attempt Friday and was quickly signed into law by President Bush. The measure will allow the Treasury to purchase up to $700 billion worth of assets from struggling financial institutions in an attempt to revitalize U.S. credit and lending markets.