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Toyota Launches National APR Plan for Used Tundras and Sequoias

May 28, 2008

TORRANCE, Calif. -- Toyota Motor Sales USA Inc., launches its first-ever national Annual Percentage Rate program for select Toyota certified used-vehicles.

The national APR program offers eligible customers a 2.9 percent interest rate up to 66 months, and applies to certified used Tundra and Sequoia vehicles.

"We're excited to offer this special program for our customers and dealers alike," said Norm Olson, sales operations manager of Toyota certified used-vehicles. "With this program, consumers, on average, will see a $50 to $60 improvement on their monthly payments for a used Tundra or Sequoia, a significant savings in today's economic climate."

The incentive plan, which ends July 31, was designed to boost sales of full-size pickup trucks and SUVs.

TCUV posted overall sales of 95,260 vehicles through April 2008, an increase of 7.3 percent over the same period last year. The Toyota Sequoia posted certified used-sales of 2,464 units, while the Tundra recorded certified used-sales of 6,728 units.

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