Congratulations graduate! As you step into a new chapter, securing reliable transportation might be high on your list. The Toyota Graduate Program is designed to make this transition smoother, offering a $500 rebate and favorable financing options towards a new Toyota. But, Which Cars Qualify For The Toyota Graduate Program? Let’s explore the details to help you make an informed decision.
Understanding the Toyota Graduate Program
The Toyota College Graduate Finance Program is a fantastic opportunity for recent graduates to purchase or lease a new Toyota. Toyota Financial Services (TFS) understands the financial hurdles faced by those just starting their careers. This program is structured to ease those burdens with attractive incentives, including:
- Zero Down Payment & Deferred Payments: Enjoy the flexibility of no money down and no monthly payments for the first 90 days, giving you time to settle into your post-graduation life.
- Competitive APRs: Access low Annual Percentage Rates (APRs) on financing for all new, untitled Toyota vehicles and Toyota Certified Used Vehicles, making your purchase more affordable over time.
- $500 Graduate Rebate: Receive a direct $500 rebate on select new Toyota models, reducing your overall cost whether you choose to buy or lease.
Are You Eligible for the Graduate Program?
To take advantage of these benefits, you need to meet specific criteria related to your graduation, employment, insurance, and credit history. The program is designed for individuals who have recently completed their higher education. You qualify if you:
- Have graduated from an accredited four-year university, college, registered nursing program, or a two-year associate degree program within the last two years.
- Are currently enrolled in a graduate degree program.
- Are on track to graduate within the next six months from an eligible institution.
Eligible institutions include accredited four-year colleges, universities, nursing programs, two-year colleges, trade, or vocational schools within the United States, Puerto Rico, or U.S. Virgin Islands. You will need to provide proof of graduation or enrollment, such as a diploma, transcript, or a letter from the registrar’s office. Additionally, you must demonstrate proof of current employment or future employment starting within 120 days of credit approval.
Which Toyota Models Qualify for the Rebate?
Now, let’s get to the crucial question: which cars qualify for the toyota graduate program rebate? The $500 rebate applies to a range of popular and reliable new Toyota models, perfect for graduates starting their careers. These models include:
- Sedans: Toyota Camry, Camry Hybrid, Corolla, Corolla iM, Prius (excluding Prius Prime), Prius c, Prius v, Yaris, Yaris iA, 86
- SUVs/Crossovers: Toyota C-HR, RAV4, RAV4 Hybrid
- Trucks: Toyota Tacoma
It’s important to note that while the finance program might extend to Toyota Certified Used Vehicles (TCUVs), the $500 rebate is specifically for new, untitled Toyota models from the list above. Always confirm with your Toyota dealer to ensure the model you are interested in qualifies for the rebate at the time of purchase or lease, as program details and eligible models can be subject to change.
Taking the Next Step
The Toyota Graduate Program is an excellent opportunity to drive away in a new Toyota with financial advantages tailored for recent graduates. To explore your options and confirm eligibility, your next step should be to connect with a participating Toyota dealer. They can provide detailed information on current program specifics, eligible models, and assist you with the application process. You can also contact Toyota Financial Services directly for more information. Don’t miss out on this chance to make your first car purchase or lease a smart and rewarding experience.
