Toyota Financial Services Puerto Rico (TFS), together with Toyota de Puerto Rico, launched two new financing programs in November for buyers of new Toyota vehicles, subject to eligibility requirements and credit approval by Toyota Financial Services. The Military Rebate Program offers a $500 bonus to active-duty military personnel, certain reserve members, eligible veterans, retired military and certain eligible members of their household or family who finance through TFS and meet the program’s criteria.
Eligible categories include active service in the Navy, Army, Air Force, Marines, National Guard, Coast Guard or active reserve; inactive reserve members, including the Individual Ready Reserve, Selected Reserve or Inactive National Guard; veterans honorably discharged within two calendar years of their discharge date; and retired US military. Eligible household or family members living at the same address also qualify, including a spouse, surviving spouse or dependent of an eligible US Armed Forces member, and eligible members of a Gold Star family, relatives of service members who died in service.
The College Graduate Program combines a $500 bonus with a special financing rate for students in graduate programs and recent graduates who finance through TFS and meet the requirements. Javier Moreno, principal executive officer of Toyota Financial Services Puerto Rico, said the programs recognize important stages in people’s lives and that the company’s commitment has guided three decades of growth in Puerto Rico.