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Toyota Offers Zero-Interest Loans On 11 Models

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Oct 7th, 2008 by RJ Menezes

Starting in October, Toyota Motor Co. will be offering zero percent financing on 11 of it’s models. The incentive is a way for Toyota to try and help boost sales of what has been, so far, a sub-par year in terms of sales.

Some would say this a direct shot to the heart for Detroit’s big 3, who struggle to compete with Toyota, even when they offer incentives that the Japanese don’t. But now that Toyota can basically match any deal Detroit offers, the situation looks dim for the American factories to say the least.

The vehicles that qualify for the incentives are the Camry, Corolla, FJ Cruiser, 4Runner, Highlander, Matrix, RAV4, Sienna, Sequoia, Tacoma and Tundra models. It’s also great to see fuel-sippers like the Corolla and the Matrix included in this incentive offer.

With Toyota’s sales figures dropping almost 33% last month, it’s only expected that the factory would react. This creates a prime opportunity for consumers to get a smoking deal on a brand new car. If your in the market for a new ride, keep this info in mind!

-Source:  Automotive News 


Posted in 0% Financing, Auto loans, Automotive, Toyota | No Comments

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