Canada Loyalty Interest Rate Discount
Thread Starter
Rookie
Joined: Jun 2022
Posts: 34
Likes: 4
From: ON
Canada Loyalty Interest Rate Discount
Has anyone tried for the loyalty discount that brings the finance rate down by a point and a half. I've owned several Toyotas and Lexuses in the past but not recently and was refused the discount. I has not told what the actual cut off time is.
thx
thx
Rookie
Joined: May 2022
Posts: 31
Likes: 20
From: ON
If I recall, how the loyalty interest rate discount works is if you financed the car from Toyota or Lexus themselves or if you are currently or have a family member that is doing that. The loan you get to pay for the car has to be from Lexus or Toyota and cannot be like BMO, RBC and etc
Pit Crew
Joined: May 2018
Posts: 103
Likes: 16
From: Quebec
My previous was a 2018 so i was eligible for the loyalty.
Rookie
Joined: May 2022
Posts: 31
Likes: 20
From: ON
Intermediate
Joined: Feb 2022
Posts: 256
Likes: 140
From: Ontario
As others have mentioned, yes - it has to be financed through Toyota/Lexus. That means anything up to and including 72 months. 84 months gets into LFS/TFS going out to get you a rate. In Canada (Ontario), that rate is usually through CIBC.
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