Toyota Fighting Back

Toyota has seen a large sales slide this past month – down 41.1% when the industry average is 34%. Both Ford and Chevrolet outperformed the auto maker, but they say that they have a plan to get their auto loan business back up to where it should be.

The car manufacturer has chosen to really push their RAV4 SUV and their Camry sedan and has the means to do it in a way that will make them take back the top spot that they have held for so long. The Japanese auto maker has long been the top banana in the race to get what auto loans there are to be had out there, but now they know that they have to do more.

Now they are appealing to all of those people out there who were afraid to get an auto loan for fear of where it would leave them. There are also many consumers who don’t want to pay high interest on their auto loans, or don’t think that they will even qualify for one with the new stricter rules. Toyota says that this is not the case and that they have tons of auto loan money to give out.

They have a new promotion that they are calling “Perfect Timing,” and it involves bigger incentives and interest rates on auto loans as low as 0%. The events will begin in May and are going to run all summer long. All of their models will be available for these auto loan incentives, and Toyota is excited that they can offer them to their clients.

With two of their most popular cars currently below normal levels in current supplies, they will be stepping up production on those as well. They want to make them available as they are sure that there will be plenty of people looking to take advantage of the new car loan deals that they are offering.

 

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