Toyota Financial Services Grad Program Details
Approval of the Graduate Program Allowance from Toyota Canada Inc. does not automatically include TFS approval of a lease or finance contract.
How to Qualify for Financing and Leasing under the TFS Graduate Program:
- Graduate Eligibility:
You must meet the terms and conditions of the Graduate Allowance Program set by Scion Canada.
- Credit History:
Under the graduate program, no previous credit history is necessary. If you have already established some credit, it should be favourable.
- Employment:
You must be working full time, or have an offer of employment that begins within four months of the credit application.
- Income:
Your salary should sufficiently cover vehicle payments, insurance, and living expenses. In general, the amount being borrowed should not exceed your annual salary.
- Down Payment:
A down payment is usually not necessary. Most graduates will easily qualify for a loan or lease.
Scion Graduate Program benefits may not be combined with Customer Loyalty Programs.