Toyota Deferred Payment Program
CloseExpires 5/4/2020Eligible Vehicles: All New Toyota 2020 vehicles. Current Year Used Toyota/Scion vehicles, including demonstrators with 20,000 miles or less.
Eligible Tiers: Tier 1+ and Tier 1 (Additional Tiers require DSSO approval)
Program Rate: Standard rates apply.
Term: Up to 72 months max term (effective contract term is 74 months with 72 equal monthly payments.) A maximum of 90 days may elapse from contract date of first monthly installment payment.
Dealer Participation: Standard rate participation applies.
Compatibility: Compatible with standard features; except Extended Term Financing (75-84 months). iFi program, Special (subvented) APR programs (unless superseded by an FSB letter). Preferred Option Finance Plan (Balloon) contracts and Lease-End Refinancing program. Certified and Used vehicles (other than Current Year Used) are not eligible for this program.
Customer Qualifications: Requires DSSO approval.
Advanced Level: Standard Advanced levels apply.
Notes: Finance charges accrue from the contract date origination. Earned interest over the first 90 days will be amortized over the term of the contract, but will not be added to the principle. Pennsylvania customers are not eligible for this program. OPTIONAL PRODUCTS - The term for Credit Life, Credit Disability and GAP must match the term of the contract. If the term of the contract is 62 months, the dealer must sell a 62 month policy.
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