$500 College Grad Rebate

Congratulations graduate! Our gift to you? Toyota, in partnership with Toyota Financial Services, is proud to offer its largest-ever college rebate to help you buy or lease your next Toyota. Get a $500 rebate on select new untitled Toyota models when you finance or lease through Toyota Financial Services.

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What You'll Get:

Toyota College Graduate RebateProgram:

$500 rebate on new Toyota Camry (gas or hybrid), Corolla, Corolla iM, Prius Liftback (excludes Prius Prime), Prius c, Prius v, RAV4 (gas or hybrid), Tacoma and Yaris, Yaris iA, Toyota 86 or C-HR vehicles. Additionally receive all of the benefits called out below in the Toyota College Graduate FinancePlan.

Additional College GradBenefits:

  • Low or no down payment
  • No security deposit on a lease
  • Monthly payments may be deferred up to 90 days on a retail installment contract
  • Low interest rate financing
  • ToyotaCare ‑ Every new Toyota comes with no cost maintenance for two years or 25,000 miles, whichever comes first.

How to Qualify

Earn Your Degree - To take advantage of the program, you must meet one or more of the following:
  • Have graduated from an accredited four-year college, university, or registered nursing degree program during the last two years or graduate from such a school/program within the next six months.
  • Have graduated from an accredited two-year college during the last two years.
  • Be enrolled in an accredited graduate degree program or have received a degree from an accredited graduate program during the last two years.
  • Have graduated during the last two years from the two-year Toyota Technical Education Network (T-TEN) Program or any other two-year post secondary automotive program accredited by the NATEF.
  • Have completed an electrician apprenticeship/certification program during the last two years through the NJATC and the IBEW.

Get a Job!

  • Show proof of present employment, or future employment with a start date within 120 days of your purchase contract date. Toyota Financial Services (TFS) must deem your salary sufficient to cover living expenses and vehicle payments.

Get Insured!

  • Bring proof of collision insurance, as required by TFS. See your dealer for details.
  • Minor credit lapses allowed! Obligations paid within 60 days or less of the due date and non-credit related (e.g., rent, utilities, health club membership, etc.) charge-offs less than $250 are acceptable.

Let The Savings Commence With The College Graduate Rebate

Turn your degree into a hard-earned rebate! Toyota 101 offers a College Grad Rebate towards a new Toyota when you finance or lease with Toyota Financial Services.

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Redwood City, CA 94063

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*College Graduate Rebate is available on all new and unlicensed Toyota vehicles. Toyota Certified Used Vehicles (TCUVs) and Scion Certified Pre-Owned Vehicles are not eligible for the Rebate Program. College Graduate Finance Program (which is not a rebate and instead offers competitive APRs and lease terms) is available on the lease or finance (including preferred option) of all new and unlicensed Toyota models or on TCUVs or Scion Certified Pre-Owned Vehicles. Subject to the foregoing limits and requirements below, the College Graduate Rebate Program and College Graduate Finance Program are available upon credit approval from and execution of a finance or lease contract through a participating Toyota dealer and Toyota Financial Services (TFS). Not all applicants will qualify. To qualify for the College Graduate Rebate Program and College Graduate Finance Program, customers must be currently enrolled in a graduate degree program from an eligible school (as defined below), or enrolled in or be a graduate from an eligible school and provide proof of graduation (showing an upcoming graduation within six months OR a recent graduation within two calendar years from the date of signing your vehicle lease or finance contract) from one of the following eligible schools located in the 50 United States, Puerto Rico, or U.S. Virgin Islands: (a) an accredited four-year college, university or registered nursing program; OR (b) an accredited two-year college associate degree or an undergraduate academic degree as awarded by community colleges, junior colleges, technical colleges and universities; OR (c) an accredited two-year trade or vocational school; OR (d) an accredited graduate school. In all cases, the student will have two calendar years from receipt of their degree to take advantage of the program. Must provide proof of qualification and any one of the following documents will be accepted: (a) copy of diploma; OR (b) letter from the college/university/ trade school registrar ’s office stating graduation date and type of degree or certification earned; c) copy of the final transcript confirming graduation date and type of degree earned; OR (d) copy of current transcript (or letter from college/university registrar ’s office) confirming current enrollment in a graduate degree program. Eligible customers must also meet credit approval requirements and furnish proof of present or future employment (which will begin within 120 days of credit approval) when submitting credit application. Rebate offered by Toyota Motor North America. Rebate will be applied on TFS lease agreements toward the amount due at lease signing or delivery or capitalized cost reduction or the down payment on TFS finance contracts. Limit one rebate per lease or finance transaction. College Graduate Rebate Program may not be combined with the Toyota Military Rebate Program or iFi Program. Rebate valid on contracts executed between January 7, 2020 and March 31, 2020. College Graduate Programs are subject to change or termination at any time. Some restrictions apply. Programs are not available in AL, FL, GA, HI, NC, and SC. Rebate terms may be more generous in your local area. Ask your participating dealer about the college graduate rebate terms in your area. Under the College Graduate Finance Program, competitive APRs and lease terms are available on eligible finance contracts with terms up to specified number of months for retail and lease and preferred option financing on new vehicles. See dealer for details. Must pay sales tax. Void where prohibited by law. Not redeemable for cash.

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