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Toyota Financial Services’ subvented contracts up 29%

Penetration rate flat YoY

Amanda Harris

Toyota Financial Services’ subvention activity increased in the first quarter of fiscal year 2024 as North American production and sales volume picked up.   The financier’s number of contracts with subvented rates clocked in at 177,000 in the first fiscal quarter ended June 30, up 29.2% year over year, according to an Aug. 3 Toyota Financial […]

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