Program
Period
Effective
January 05, 2010 through January 03, 2011. Retail contracts or Lease agreements
must be dated no later than January
03, 2011.
This Military Rebate Program may be modified or terminated at any
time.
Eligible
Vehicles
(Note:
TCUV
vehicles
are
not
eligible under this program)
Customer Eligibility:1.Eligible customers must be an inactive reserve or in current active duty status in the U.S. Military (Navy, Army, Air Force, Marines, National Guard, Coast Guard and active Reserve) OR a U.S. Military inactive reserves (i.e., Ready Reserve) that are part of the Individual Ready Reserve, Selected Reserve and Inactive National Guard.
2.Verifiable proof of military status or proof of active service is required at time of purchase in the form of one of the following documentation:
a.Leave and Earnings Statement
b.Military Identification Card (no photo copy required)
3.Retired Military Personnel are not eligible for the rebate
4.Receive a salary sufficient to cover ordinary living expenses and vehicle payments
5.Upon credit approval by TFS
Maximum
Terms
The
maximum terms (in months) for eligible vehicles under the program are outlined
below. An uprate applies for 61-84 month terms.
Retail:
84 month maximum
Lease:
60 month maximum
Preferred
Option*: 48 month maximum
*Preferred
Option available in the following states only:
AR, IL, LA, MS, OK & TX
Tier
Application*
Retail:
All Tiers
Lease:
All Tiers
*
There
is no minimum Tier application for this program
(FICO
score determines Tier for this program)
Dealer
Participation
Not
Allowed
Flat
Fees
See
Standard Flat Fee schedules on rate letters and subvention announcements for
further details.
Toyota
Financial Services (TFS) is a service mark of Toyota Motor Credit Corporation
and Toyota Motor Insurance Services, Inc.
Program
Compatibility
The
Military Rebate Program is NOT compatible with the College Rebate
Program.
The
Military Rebate Program may be used with the National TFS Retail, Lease and
Preferred Option subvention programs, as well as:
Toyota
Retail:
Compatible with all Standard features except
College Grad Rebate and Lease- End Refi Program.
Note:
Extended Term Financing and 90-Day Deferred Program can not be combined.
Preferred
Option: Compatible with Low Mileage Option and Standard Retail features except
84 month Financing, Mobility Program, 90-Day Deferred, 61-72 Extended Term
Financing and Lease-End Refi Program.
Lease:
Compatible with all Standard features except College Grad Rebate and Lease- End
Refi Program.
.