College Graduates Offered a Break on New Toyota and Scion Vehicles
Toyota Financial Services (TFS), in partnership with Toyota Motor Sales, is offering qualified college graduates a $1,000 rebate toward the purchase or lease of select new Toyota vehicles, including the Corolla, Matrix, RAV4, Camry (excludes Camry hybrid), Tacoma, Yaris, and any new Scion model.
TORRANCE, Calif. — Toyota Financial Services (TFS), in partnership with Toyota Motor Sales, is offering qualified college graduates a $1,000 rebate toward the purchase or lease of select new Toyota vehicles, including the Corolla, Matrix, RAV4, Camry (excludes Camry hybrid), Tacoma, Yaris, and any new Scion model.
"Toyota and Scion vehicles are some of the most popular vehicles among young adults, but more than that, they serve as a dependable way for new graduates to get to new jobs and start their careers," said Mike Groff, TFS group vice president of sales, product and marketing. "We recognize it's a tough time to be entering this economy, so we hope this $1,000 rebate, which can be coupled with other incentives, saves these new grads some money and gets them going on the right path."
Qualified college graduates receiving the $1,000 rebate are also eligible for the College Graduate Finance Program (applicable for all new Toyota/Lexus/Scion models) which offers a highly competitive APR/lease and special incentives such as:
• No money down when financing and no monthly payments for the first 90 days when leasing
• Security deposit waiver for lease
• Complimentary roadside assistance for one year
The College Rebate Program for Toyota vehicles ends March 31, 2010 and for Scion vehicles, the program ends Sept. 30, 2009 and is available to qualified customers who graduated within the last two years, or are about to graduate within the next six months.
To find a dealer or to learn more, visit www.toyotafinancial.com/collegegrad.
More Auto Finance
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Cars a Tad More Affordable
May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.
Read More →
First-Quarter Sees Long Auto Loan Growth
Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.
Read More →
Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →