|
|
Financing Rates (subject to change)
Effective:
| New Scion Vehicles Only |
| Maximum Term |
Tier I+
720+
(11) |
Tier I
719-690
(1) |
Tier II
689-670
(2) |
Tier III
669-650
(3) |
Tier IV
649-630
(4) |
Tier V
629-610
(5) |
Tier VI
609-580
(6) |
Tier VII
579-520
(7) |
| 60 months |
3.24% |
3.74% |
5.74% |
8.00% |
9.85% |
13.00% |
17.65% |
20.75% |
| 66 months |
3.49% |
4.14% |
6.55% |
8.50% |
10.10% |
13.00% |
18.40% |
21.35% |
| 72 months |
3.49% |
4.14% |
6.55% |
8.50% |
10.35% |
14.00% |
18.90% |
22.10% |
| 75 months |
3.74% |
4.39% |
6.55% |
8.50% |
10.35% |
14.00% |
18.90% |
22.10% |
| 84 months |
4.74% |
5.39% |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| Advance Limits¹ |
130% |
130% |
130% |
130% |
100% |
100% |
100% |
100% |
| Advance Exception Uprates |
+.25 |
+.25 |
+.25 |
+.25 |
+.50 |
+.50 |
+.50 |
+.50 |
| ¹Advance Definition = [Total Amount Financed - Cancelable Adds
(VSA, GAP, CLAH, TAC)] / New Invoice or Used Wholesale Book |
| Scion Solutions iFinance rate
determined by applicable rate no lower than Zone 4 (New vehicles only). Scion
Solutions Gen-One rate determined by applicable Zone (New). Qualified applicants
without bureau FICO scores are eligible for Zone 7 rate (New vehicles only). |
| Scion Certified Pre-Owned Vehicles Only |
| Maximum Term |
Tier I+
720+
(11) |
Tier I
719-690
(1) |
Tier II
689-670
(2) |
Tier III
669-650
(3) |
Tier IV
649-630
(4) |
Tier V
629-610
(5) |
Tier VI
609-580
(6) |
Tier VII
579-520
(7) |
| 60 months |
3.24% |
3.74% |
5.74% |
8.00% |
9.85% |
13.00% |
17.65% |
20.75% |
| 66* months |
3.49% |
4.14% |
6.55% |
8.50% |
10.10% |
13.00% |
18.40% |
21.35% |
| 72* months |
3.49% |
4.14% |
6.55% |
8.50% |
10.35% |
14.00% |
18.90% |
22.10% |
| 75* months |
3.74% |
4.39% |
6.55% |
8.50% |
10.35% |
14.00% |
18.90% |
22.10% |
| 84* months |
4.74% |
5.39% |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| Advance Limits¹ |
130% |
130% |
130% |
130% |
100% |
100% |
100% |
100% |
| Advance Exception Uprates |
+.25 |
+.25 |
+.25 |
+.25 |
+.50 |
+.50 |
+.50 |
+.50 |
¹Advance Definition = [Total Amount Financed
- Cancelable Adds (VSA, GAP, CLAH, TAC)] / New Invoice or Used Book
* Available on 1-3 year old Scion Certified vehicles ONLY. |
TFS Used rates apply to Non-Certified
Scion Used vehicles. Refer to Toyota Used rate letter for rates, participation
guidelines, and Flat Fee schedule. Qualified applicants without bureau FICO
scores are not eligible for the SCPO program. For < 520 FICO scores, add
1% to Zone 7 rate.
** 84 month term requirements: Minimum amount financed is $15,000. |
Toyota Financial Services (TFS) standard rent charge factors
effective June 03, 2011 for all Scion dealers in Kansas, St. Louis, Minneapolis,
LA South, LA North, LA West, San Diego, Seatle, Portland, San Francisco, and
Sacramento DSSOs.
|
| |
SCION LEASE RATES
Effective
May 3, 2011 |
Vehicle
|
Maximum Term
|
Zone 1+
(Incl. Waived
Security Deposit)
FICO
720+
|
Zone 1
(Incl. Waived
Security Deposit)
FICO
719-690
|
Zone 2
(Incl. Waived
Security Deposit)
FICO
689-670
|
Zone 3
(Incl. Waived
Security Deposit)
FICO
669-650
|
Zone 4
FICO
649-630
|
Zone 5
FICO
629-610
|
Zone 6
FICO
609-580
|
Zone 7
FICO
579-520
|
MY11 xD
Model #6232/6233
|
36
|
0.00212
|
0.00212
|
0.00212
|
0.00212
|
0.00330
|
0.00410
|
0.00470
|
0.00590
|
MY11 xD RS 3.0
Model#6238/6239
|
36
|
0.00217
|
0.00217
|
0.00217
|
0.00217
|
0.00330
|
0.00410
|
0.00470
|
0.00590
|
MY11 xB
Model#6202/6203
|
36
|
0.00219
|
0.00219
|
0.00219
|
0.00219
|
0.00330
|
0.00410
|
0.00470
|
0.00590
|
MY11 xB RS 8.0
Model#6208/6209
|
36
|
0.00201
|
0.00201
|
0.00201
|
0.00201
|
0.00330
|
0.00410
|
0.00470
|
0.00590
|
MY11 tC
Model#6222/6223
|
36
|
0.00219
|
0.00219
|
0.00219
|
0.00219
|
0.00330
|
0.00410
|
0.00470
|
0.00590
|
|
Security Deposit Waived
|
|
MY10-11 All Scions
|
37-60
|
0.00220
|
0.00230
|
0.00275
|
0.00365
|
0.00430
|
0.00510
|
0.00570
|
0.00690
|
MSRP Max Advance*
|
120%
|
115%
|
110%
|
105%
|
100%
|
100%
|
95%
|
95%
|
Dealer rate participation is not allowed on any Scion Solutions lease program
Sign 'n Drive: FICO Score of 690 and above receive applicable Zone rate plus a waived Security Deposit
TFS Acquisition Fee: All Scion lease agreements contracted with TFS are subject to $650 Acquisition Fee.
Deduct 0.00008 RCF points from qualified Zone rate for each additional security deposit (maximum of 9). 1 Pay is not compatible with this program.
1Pay Feature: Deduct 0.00100 RCF points from the qualified Zone.
Qualified qpplicants without bureau FICO score are eligible for Zone 7. For <520 FICO scores, add 0.00040 RCF to the Zone 7 RCF. (90% Maximum advance*)
Low Mileage Lease: Add 2% to the current published residual percentages (36-60 mos.) for New only.
*TFS Standard Advance Policy = MSRP % + Approved DIO + LA&H + GAP/DCA + VSA + TAC + Dealer Paid Acq Fee + Dealer Paid Tax, Title and License |
PROGRAMS
- Scion Solutions College Graduate Program customers are eligible for Zone 1 NEW car rate
FEATURES
- NOTE: Rates are determined by the applicant(s) Automotive model FICO score from Equifax Beacon 5.0. A secondary credit bureau may be used to determine
the rate subject to program guidelines.
- When an applicant and co-applicant exist, the qualifying tier will be based on the higher of the two applicants' FICO score.
- Please note that the Multiple Credit Bureau Option is not available to customers that have a null FICO or a FICO score less than or equal to 609 on either the
applicant or co-applicant's Primary Bureau.
- Dealer rate participation NOT allowed on New and Certified Scion Solutions retail programs.
- Equity Program for ALL Zones - For Loan-to-Value (LTV) 80.01% - 90%, DEDUCT 0.25% FROM ABOVE RATES.
New For ALL SCPO
- Super Equity Program for ALL Zones - For Loan-to-Value (LTV) < 80%, DEDUCT 0.50% FROM ABOVE RATES.
- Encore beginning-of-term benefit is applicable; however, rate reduction for Encore not compatible with any Scion Solutions retail program.
- Credit worthy Business Solutions customers including those with co-applicants, receive a minimum Zone 1 rate. Co-applicants with 720+ FICO scores receive a Zone
1+ rate.
- Dealer-Owned Vehicle (DOV) Finance Program contracts receive an automatic Zone 1+ rate. Standard Minimum Reserve Schedule applies. All other Business
Solutions terms and conditions apply. See DOV Program Guidelines for additional program details.
**Alternative financing options are available upon request. Please ask your sales consultant for more details.
**There is a $150 document fee charged on all vehicle transactions.
*Not responsible for typographical errors. All vehicles subject to prior sales.
All final sales subject to dealer discretion.
*Program not available in Alabama, Florida, Hawaii, Georgia, North Carolina and South Carolina. In all of those states other than Hawaii, similar programs may be available through participating Scion dealers and World Omni Financial Corp. Program is available on approved credit to qualified customers through Toyota Financial Services and participating Scion dealers. When financing through your Scion dealer and Toyota Financial Services, lower Annual Percentage Rates may be available on approved credit to qualified buyers.
APR may vary if the Amount Financed exceeds TFS's Maximum Advance for the contract, your FICO score is below 520 and/or you apply for 72-84 month financing. Ask your dealer to explain how APRs vary for FICO scores below 520 and 72-84 month financing.
Maximum Advance means the total amount financed less cancelable optional products financed with the vehicle, expressed as a percent of dealer invoice (new). Finance contracts with Maximum Advances of over 120% for applicants with FICO Scores of more than or equal to 650 or over 100% for FICO scores of less than 650 will result in an increase of the APR by .25 or .50 respectively.
The APR on a finance contract with a Loan to Value of between 80.01% to 90% will be decreased by .25. The APR on a finance contract with a Loan to Value of less than or equal to 80% will be decreased by .50. Loan to value ratio means the total amount financed under your vehicle installment sale contract, expressed as a percent of dealer invoice (new). Please ask your dealer for details.
Program and Annual Percentage Rates are subject to change or termination at any time. Please see your participating Scion dealer for details
|
|