Toyota Financial Services (TFS), based in Torrance, Calif., essentially exists to buy individual auto loans at a discount from its more than 1,200 U.S. Toyota and Lexus dealers. The discounted price Toyota Financial agrees to pay for the loans largely dic-

tates the rate dealers can offer consumers and, to some extent, a dealer's ability to close a sale.

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.