Current Lexus Financial Rates and Credit Tiers

[Anonymous]

Here are the current rates.

last updae from toyota financial services for rates was 11/2/2015

These rates include no incentives, or speical programs. 

they can pull all 3 CRA's, but of the 3 will use the highest one, they lean towards EQ for the most part.

when looking at the scores they will shoot for your fico auto score if its higher 

Tier 3 and above gets you in with any of the speicals like the infamous 0.9% financing on new vehicles.

Auto FICO 720+ (Tier 1+) = 4.65% APR
Auto FICO 690-719 (Tier 1) = 5.40% APR
Auto FICO 670-689 (Tier 2) = 7.60% APR
Auto FICO 650-669 (Tier 3) = 9.30% APR
Auto FICO 630-649 (Tier 4) = 10.60% APR
Auto FICO 610-629 (Tier 5) = 11.70% APR
Auto FICO 580-609 (Tier 6) = 14.40% APR
Auto FICO 579 & below (Tier 7) = 19.35% APR

these rates from my understnading are good for new and L certified vehicles 

loan will show up on your credit report as Toyota Financial Services 

i believe the rates go for the main brand as well.

hopefully this helps anyone out who is looking. 

i was, and found a dealer who had the tiers and rates on hand 

i was looking for a nice rare Lexus ISF 

i will try to update these if new rates appear. 

[Anonymous]

My lease rate with them was 2.88%, and this was on December 16th.

[Anonymous]

i did forget to mention these are buy rates, not lease rates

[mariposa7678]

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@Anonymous wrote:

Here are the current rates.

last updae from toyota financial services for rates was 11/2/2015

These rates include no incentives, or speical programs. 

they can pull all 3 CRA's, but of the 3 will use the highest one, they lean towards EQ for the most part.

when looking at the scores they will shoot for your fico auto score if its higher 

Tier 3 and above gets you in with any of the speicals like the infamous 0.9% financing on new vehicles.

Auto FICO 720+ (Tier 1+) = 4.65% APR
Auto FICO 690-719 (Tier 1) = 5.40% APR
Auto FICO 670-689 (Tier 2) = 7.60% APR
Auto FICO 650-669 (Tier 3) = 9.30% APR
Auto FICO 630-649 (Tier 4) = 10.60% APR
Auto FICO 610-629 (Tier 5) = 11.70% APR
Auto FICO 580-609 (Tier 6) = 14.40% APR
Auto FICO 579 & below (Tier 7) = 19.35% APR

these rates from my understnading are good for new and L certified vehicles 

loan will show up on your credit report as Toyota Financial Services 

i believe the rates go for the main brand as well.

hopefully this helps anyone out who is looking. 

i was, and found a dealer who had the tiers and rates on hand 

i was looking for a nice rare Lexus ISF 

i will try to update these if new rates appear. 

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4.65% Tier 1???? wow, 

[mynameainttracy]

Good grief. Glad I qualified for that 0% in December with Toyota. 

[Anonymous]

Picked up a new Toyota 4Runner Limited today. I was pre-approved by my CU for 4.9%, I have a couple of student loan dings from a year ago. I asked to see what offers the dealer had for financing. They ran me through Toyota and I was offered 4.3% from them. I have alerts set up through all 3 CRA's and found that Toyota only ran my TU score. The guy came back with other offers that were lower and I settled on a 3.25% from one of them. I hope this helps.

[Anonymous]

not bad for lexus

[jonmartin]

Any idea what version of auto fico they use?

[creditgambler2018]

Dec 2016 I got my new corolla SE at 0 percent rate. YEAH !!! 3 years post bk.