Toyota Attempts to Lure Back U.S. Buyers with March Auto Loan Deals

If you’re looking for a good deal on a car and aren’t too put off by the recent Toyota recalls then you may want to take advantage of the discounts the company is offering. In the month of March, Toyota Motor Corp. will be offering incentives to purchase new vehicles, including no-interest auto loan rates and discounted leases to win its buyers back.

Recent Toyota Recalls

In recent months, Toyota has had to recall millions of vehicles with various issues including brake and accelerator problems. Because the Toyota recall has been such a hot topic in the media, the company has had to work on some damage control to get the business back in order.

So, in anticipation of a slump in U.S. sales, the Toyota is offering a ton of deals to potential buyers.

Toyota Discounts and Deals

Toyota is offering a number of great deals for its wide range of models including the Camry, Corolla, Matrix, Prius and Yaris. Here are just a few to take advantage of:

• 0% interest up to five years: For the vehicles listed above, as well as the Venza wagons, RAV4 and Highlander sport-utility vehicles and Tundra pickups, Toyota is offer zero-percent interest on car loan rates for up to five years. This is a great steal when compared to average car loan rates.
• Lease deals: Toyota plans to offer leases for Corolla compact cars from $179 a month and $199 for Camrys.
• Free maintenance: Toyota owners who buy a new vehicle will get two years of free maintenance.

These deals are set to run until April 5.

Because the Toyota recall resulted in a loss 8.7 percent in U.S. sales, the company is trying to win its customer base back. Representatives from the company hope that after spending February trying to fix vehicles that March will be spent increasing sales.

Do the March deals entice you to purchase a new Toyota?