| SCION OF EL CAJON -
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NEW SCION VEHICLES ONLY
| Vehicle | Max Term | Zone 1+
FICO
720+ | Zone 1
FICO
719-690 | Zone 2
FICO
689-670 | Zone 3
FICO
669-650 | Zone 4
FICO
649-630 | Zone 5
FICO
629-610 | Zone 6
FICO
609-580 | Zone 7
FICO
579-520 | | Scion Vehicles | 60 | 4.25% | 5.50% | 7.55% | 9.65% | 11.89% | 13.65% | 16.65% | 20.90% | | Scion Vehicles | 66 | 4.55% | 5.50% | 7.55% | 10.15% | 11.89% | 13.90% | 17.00% | 21.15% | | Scion Vehicles | 72 | 4.60% | 5.90% | 8.05% | 10.65% | 12.89% | 14.40% | 17.40% | 21.40% | | Scion Vehicles | 75 | 5.10% | 6.40% | 8.05% | 10.65% | 12.89% | 14.40% | 17.40% | 21.40% | | Scion Vehicles | 84 | 6.35% | 7.65% | N/A | N/A | N/A | N/A | N/A | N/A |
Scion Solutions iFinance rate determined by applicable rate no lower than Zone 4 (New vehicles only).
Scion Solutions Gen-One rate determined by applicable Zone (New).
Qualified applicants without bureau FICO scores are eligible for Zone 7 rate (New vehicles only).
Zone 1+ through Zone 3 +.25% for Advances over 120%
Zone 4 through Zone 7 +.50% for Advances over 100%
SCION CERTIFIED PRE-OWNED VEHICLES ONLY
| Vehicle | Max Term | Zone 1+
FICO
720+ | Zone 1
FICO
719-690 | Zone 2
FICO
689-670 | Zone 3
FICO
669-650 | Zone 4
FICO
649-630 | Zone 5
FICO
629-610 | Zone 6
FICO
609-580 | Zone 7
FICO
579-520 | | Scion Vehicles | 60 | 4.25% | 5.50% | 7.55% | 9.65% | 11.89% | 13.65% | 16.65% | 20.90% | | Scion Vehicles | 66 | 4.55% | 5.50% | 7.55% | 10.15% | 11.89% | 13.90% | 17.00% | 21.15% | | Scion Vehicles | 72 | 4.60% | 5.90% | 8.05% | 10.65% | 12.89% | 14.40% | 17.40% | 21.40% | | Scion Vehicles | 75 | 5.10% | 6.40% | 8.05% | 10.65% | 12.89% | 14.40% | 17.40% | 21.40% | | Scion Vehicles | 84 | 6.35% | 7.65% | N/A | N/A | N/A | N/A | N/A | N/A |
TFS Used rates apply to Non-Certified Scion Used vehicles. Refer to Toyota Used rate letter for rates, participation guidelines, and Flat Fee schedule.
Qualified applicants without bureau FICO scores are not eligible for the SCPO program.
For < 520 FICO scores, add 1% to Zone 7 rate. (Faxback 71)
Zone 1+ through Zone 3 +.25% for Advances over 120%
Zone 4 through Zone 7 +.50% for Advances over 100%
PROGRAMS
College Grad Program |
Rebate |
Retail Rate
Up to 84 months |
Standard Lease
Up to 60 months |
$1,000 |
AUTOMATIC Zone 1 or better |
AUTOMATIC Zone 1 or better |
| *Security Deposit Waived, 12 months/12,000 miles comp. roadside assistance 866-322-3968 |
| 1. GRADUATION: Proof of graduation from an accredited four-year college, university, or registered nursing degree program during the last TWO years or will graduate from such a school within the
next SIX months , or proof of graduation from an accredited two-year college, or be enrolled in an accredited graduate degree program during the last two years. Program can be used within two
years of the receipt of the degree. OR, graduate from two-year T-TEN program or NJATC and IBEW program completion within the past two years. |
| 2. JOB: proof of present employment or future employment, which will begin within 120 days of credit approval Salary must be sufficient to cover ordinary living expenses and vehicle payments. |
| 3. INSURANCE: Furnish proof of collision insurance. |
| 4. MINOR CREDIT LAPSES ALLOWED: Obligations paid within 60 days or less of the due date and non-credit related (e.g. rent, utilities, health club membership, etc.) charge-offs less than $250 are
acceptable. |
NOTE: College Grad Rebate is compatible with all Scion Solutions standard features EXCEPT Military rebate and lease end refinance.
Not compatible with any retail rate reduction features.
Military Program |
Rebate |
Retail Rate
Up to 84 months |
Standard Lease
Up to 60 months |
$1,000 |
STANDARD |
STANDARD |
| 1. Must be an inactive reserve or in current active duty status in the U.S. Military (Navy, Army, Air Force, Marines, National Guard and Active Reserve) OR a U.S. Military inactive reserves (i.e. Ready
Reserve) that are part of the Individual Ready Reserve, Selected Reserve and Inactive National Guard. |
| 2. Verifiable proof of military status or proof of active service is required at the time of purchase in the form of one of the following: Leave and Earning Statement, Military Identification Card (no
photocopy required). |
| 3. Retired Military Personnel are not eligible for the rebate. |
| 4. Receive a salary sufficient to cover ordinary living expenses and vehicle payments. |
| 5. Upon credit approval by TFS. |
NOTE: Military Rebate is compatible with all Scion Solutions standard features EXCEPT College Grad rebate and lease end refinance.
Not compatible with any retail rate reduction features.
iFINANCE |
Minimum
Down Payment/
Cap Cost
Reduction |
Retail Rate
24-72 month terms available.
Uprate for 61-72 Month terms. |
Standard Lease
24-60 month terms available Less |
At Least 10% |
AUTOMATIC Zone 4 or better |
AUTOMATIC Zone 4 or better |
*Amount Financed is less than $18,000
*Maximum Advance is 100% invoice including TFS approved PPO & DIO accessories tax, title, license plus insurance products.
|
| 1. Three personal and verifiable references. |
| 2. At least one satisfactory credit line (minimum $500 trade line) open for at least one year, and no adverse credit. |
| 3. A full-time job held for at least six months with income & employment verification. |
| 4. Payment-to-Income Ratio (PIR) cannot exceed 15% of applicant’s gross income. |
| 5. Proof of insurance, as required by TFS. |
| 6. The iFinance Program is available to qualified participants regardless of age. |
NOTE: Compatible with all standard features EXCEPT College Grad, 90-Day Deferred Program, Gen-One, Business Solutions, Subvention, Mobility, Equity Discount, and Lease-End Refinance Program.
Not compatible with any retail rate reduction features.
GEN-ONE |
Minimum
Down Payment
|
Retail Rate
24-60 month terms only |
Standard Lease
|
- |
Applicable Zone |
N/A |
*Amount Financed is less than $20,000
*Maximum Advance is 90% invoice including TFS approved DIO accessories, tax, title, license plus insurance products.
|
| 1. No established credit necessary – No negative credit history allowed. |
| 2. Three personal and verifiable references. |
| 3. Income must be consistent and verifiable; must be employed for at least six months full-time with current employer. |
| 4. Payment-to-Income Ratio (PIR) cannot exceed 15% of applicant’s gross income. − Debt-to-Income Ratio (DIR) cannot exceed 45% of applicant’s gross income. |
| 5. Minimum gross income must be greater than $1,500 per month. |
6. Proof of insurance, as required by TFS.
− The Gen-One Program is available to qualified participants regardless of age. |
NOTE: Not compatible with any retail rate reduction features, College Grad, 90 day Deferred, Extended Term Financing, Lease End Refinancing, Preferred Option, Mobility Program, LTV Equity, No Flat Fee Option, Subvention, Business Solutions and iFinance. Other Encore, SND benefits (Encore gift and automatic approval) features can still be used
FEATURES
NOTE: Rates are determined by the applicant(s) Automotive model FICO score from Experian/Fair Isaac Risk Model V2. A secondary credit bureau may be used to
determine the rate subject to program guidelines
When an applicant and co-applicant exist, the qualifying tier will be based on the higher of the two applicants' FICO score. Sign'n Drive qualifications still apply fo
both applicants.
Please note that the Multiple Credit Bureau Option is not available for customers that have a null FICO or a FICO score less than or equal to 609 on the primary
bureau.
Dealer rate participation NOT allowed on New and Certified Scion Solutions retail programs.
For Sign 'n Drive, refer to the Program Checklist for a list of qualifications
Encore beginning-of-term benefit is applicable; however, rate reduction for Encore not compatible with any Scion Solutions retail program.
Credit worthy Business Solutions customers including those with co-applicants, receive a minimum Zone 1 rate. Co-applicants with 720+ FICO scores receive a Zone 1+
rate.
Dealer-Owned Vehicle (DOV) Finance Program contracts receive an automatic Zone 1+ rate. Standard flat fees apply. All other Business Solutions terms and
conditions apply. See DOV Program Guidelines for additional program details.
LEASE RATES
Scion Solutions Marketing Program Plan |
Eligible Vehicles |
Max Term 36 Months** |
Zone+1
FICO
720+ |
Zone 1
FICO
719-690 |
Zone 2
FICO
689-670 |
Zone 3
FICO
669-650 |
Zone 4
FICO
649-630 |
Zone 5
FICO
629-610 |
Zone 6
FICO
609-580 |
Zone 7
FICO
579-520 |
Scion New Vehicle Plan |
09/10 Scion xD |
0.00069 |
0.00069 |
0.00069 |
0.00069 |
0.00330 |
0.00410 |
0.00470 |
0.00590 |
09/10 Scion xB |
0.00070 |
0.00070 |
0.00070 |
0.00070 |
0.00330 |
0.00410 |
0.00470 |
0.00590 |
11 Scion xB |
0.00098 |
0.00098 |
0.00098 |
0.00098 |
0.00330 |
0.00410 |
0.00470 |
0.00590 |
09/10 Scion tC |
0.00189 |
0.00189 |
0.00189 |
0.00189 |
0.00330 |
0.00410 |
0.00470 |
0.00590 |
MY11 Scion All Vehicles (excludes Scion xB) |
Max Term 36 Months |
0.00235 |
0.00245 |
0.00290 |
0.00380 |
0.00430 |
0.00510 |
0.00570 |
0.00690 |
MY09/MY10/MY11 Scion All Vehicles |
Max Term 37-60 Months |
0.00255 |
0.00265 |
0.00310 |
0.00380 |
0.00430 |
0.00510 |
0.00570 |
0.00690 |
Scion Certified Pre-Owned Vehicle Plan |
Max Term 60 Months |
0.00235 |
0.00245 |
0.00290 |
0.00380 |
0.00430 |
0.00510 |
0.00570 |
0.00690 |
| MSRP/Avg. Retail Book Value Maximum Advance* |
120% |
115% |
110% |
105% |
100% |
100% |
95% |
95% |
| *TFS standard advance policy is as follows: Applicable MSRP % / Average Retail Book Value % (from above) + Dealer Installed Options + LASH + GAP/DCA + VSA + TAC + Dealer Paid Acquisition Fee + Dealer Paid Tax, Title and License |
|
Qualified applicants without bureau FICO score are eligible for Zone 7. For <520 FICO scores, add 0.00040 RCF to the Zone 7 RCF. (90% Maximum advance*) |
|
**After September 30, 2010, all rates and terms may change. All other program parameters remain unchanged. |
(Zone 1, Zone 2, Zone 3 - Incl. waived Security Deposit for 24-36 month lease terms)
(Zone 1 - Incl. waived Security Deposit for 37-60 month lease terms)
Rates are determined by the applicant(s) Automotive model FICO score from Experian (trW). All contracts will include a $55 documentation fee.
Scion Solutions College Graduate Program: NEW vehicles receive rebate and customers are eligible for Zone1 rate and waived security deposit. SCPO customers are eligible for Zone1 rate and waived security deposit. Rebate not compatible with SCPO.
Scion Solutions iFinance rate determined by applicable rate no lower than Zone 4. New only.
FEATURES
Waived Security Deposit on Zone 1+ and Zone 1 lease agreements.
Dealer rate participation not allowed on any Scion Solutions lease programs.
Sign ‘n Drive: FICO score of 690 and above receive applicable Zone rate, plus a waived security deposit.Refer to Sign ‘n Drive checklists for additional qualifications.
Encore: Security deposit waiver and beginning-of-term benefit are applicable; however, rate reduction for Encore not compatible with any Scion Solutions lease programs.
Low Mileage Lease: Add 2% to the current published residual percentages (36-60 mos.) New Scions only.
Multiple Security Deposit: Deduct 0.00010 RCF points from qualified Zone rate for each additional security deposit (maximum of 9)
1Pay Feature: Deduct 0.00100 RCF points from the qualified Zone.
Credit worthy Business Solutions customers including those with co-applicants, receive a minimum Zone 1 rate.Co-applicants with 720+ FICO scores receive a Zone 1+ rate. Credit Life and Health/Disability (CLAH) policies is notcompatible with TFS Business Solutions. Please refer to the TFS Business Solutions Lease rate letter for more details.
Dealer-Owned Vehicle (DOV) Finance Program leases receive an automatic Zone 1 + rate. Standard flat fees apply. All other Business Solutions terms and conditions apply. See DOV Program Guidelines for additional program details.
SCPO: Eligible vehicles: Current year used through 3 year old Scion vehicles (65,000 miles or less), with a Scion Certification Number. Number. Maximum terms vary based on model year: Current Year-up to 60 Months; 1 Year old-up to 60 Months; 2 Years old-up to 48 Months and 3 Years old-up to 42 Months.
TFS Acquisition Fee: All Scion lease agreements contracted with TFS are subject to a $650 Acquisition Fee.
Applicants without bureau FICO scores are eligible for Zone 5 only.
Other features are not compatible with Scion Solutions Retail Programs. Scion Solutions Lease Plans, Scion iFinance, and Scion Gen-One are limited to the customer rates listed above.
Alternative Financing available. See dealer for details.
OTHER PRODUCTS
| Tire Fee | $8.75 |
| LoJack | $695.00 |
| Window Etching | $295.00 |
| KARR Security System | $595.00 |
| Document Fee | $55.00 |
| Platinum Plus Program | 72/100,000 miles=$1395, 84/120,000=$1585 |
| Wheels & Tires Extended Warranty | $250.00 |
| 2 Year Alarm Replacement | $300.00 |
| Paint & Fabric | Interior-$395, Exterior-$395 |
| Guaranteed Auto Protection (GAP) Depending on the term of the finance or lease contract | $795.00 |
Extended Service Contracts
| 60mos/100,000 miles |
$1,795 |
| 72mos/100,000 miles |
$1,895 |
| 84mos/100,000 miles |
$1,995 |
| 96mos/100,000 miles |
$2,195 |
| 96mos/120,000 miles |
$2,295 |
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