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Home » Toyota Financial Services’ subvented financing rates pick up

Toyota Financial Services’ subvented financing rates pick up

48.1% of TFS’ financing volume was subvented in Q3

Riley WolfbauerbyRiley Wolfbauer
December 14, 2022
in Sales & Marketing
Reading Time: 2 mins read
0
toyota car lot

(Photo/Bloomberg)

Subvented rates at Toyota Financial Services (TFS) picked up in the U.S. market in the third quarter amid the Federal Reserve raising interest rates to curb inflation and new-vehicle supply continuing to improve.  Toyota Financial Services’ number of finance contracts with subvented rates totaled 167,000 in Q3, a 21.9% sequential increase and a 30.5% increase […]

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Tags: interest ratesleasingPremiumToyota Financial Services
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