1000 Islands Toyota serving Brockville and eastern Ontario.
Toyota Canada is proud to support new graduates through the Toyota Graduate Program.
Are you eligible for the Toyota Canada Graduate Program?
Have you graduated in the last four years from an accredited post-secondary school program of at least two years duration?
Are you employed?
Do you wish to save some money on the lease or purchase of a Toyota?
- You qualify for an allowance of $1,000 on a 2005/2006 Tacoma.
- An allowance of $500 on a 2007 Yaris.
- An allowance of $500 on a 2006/2007 Yaris Hatchback.
- An allowance of $500 on a 2005/2006 Corolla.
- An allowance of $500 on a 2005/2006 Matrix.
- An allowance of $500 on a 2005/2006 RAV4.
- An allowance of $500 on all Toyota Cerified Used Vehicles.
Eligible Vehicles and Conditions
- All new Toyota passenger cars and light trucks, including demonstrators and Toyota Certified Used Vehicles, delivered by an authorized Toyota dealer.
- Toyota Graduate Program Allowance is in addition to any consumer retail incentives that may be available from Toyota Canada at the time of delivery.
- Vehicle must be registered in the name of the applicant.
- Only one Graduate Allowance may be applied per vehicle.
- Applications must be submitted within 30 days of vehicle delivery to the customer to be eligible for the Graduate Allowance.
Graduate Eligibility
Must be within four months of graduation, or have graduated within the last four years, from an accredited Canadian University, College, or CEGEP. The four-year eligibility period will be measured from the date shown on the graduate's diploma. Applications outside the specific forty-eight month period cannot be accepted.
Minimum Requiredments
Eligible Schools* & Eligible Degree**
- University: Bachelor, minimum 3 years.
- Community College (outside Quebec): Diploma, minimum 2 years
- Cegep (Quebec): Diploma of College Studies in technique, minimum 3 years
*Recognized by Provincial Ministry of Education.
**Certificates/Attestations are not eligible. Note: post-graduate degrees (Masters, PhD, etc...) are not eligible.
Graduates from non-Canadian schools may qualify… however, the applicant may be required to provide proof that the school is accredited through the applicable foreign governing body.
Allowance Amounts:
- You qualify for an allowance of $1,000 on a 2006 Echo or Celica.
- An allowance of $500 on a 2006 Toyota Corolla or Matrix.
- An allowance of $500 on a 2006 Toyota RAV4.
- An allowance of $500 on all Toyota Certified Used Vehicles.
Required Documentation:
- Copy of diploma or letter from Registrar's Office confirming graduation within the next four months.
- Copy of Vehicle Purchase or Lease Agreement.
- If graduate's name on diploma is different from name of applicant, documentation of the name change is required.
- If student graduated from a non-Canadian school, proof of school's accreditation from applicable foreign governing body may be required.
Procedure:
The Dealership is responsible to ascertain that the applicant meets the required terms and conditions before an Allowance Application Form is submitted.
Upon completion of the Allowance Application Form, including signature by the applicant, the form should be faxed to: LAKESIDE MARKETING INC. 1-800-665-6685.
Upon acceptance of the application, the Dealership will be faxed the form indicating approval. If the application does not meet the program's terms and conditions, the form will be faxed to the Dealership indicating "Application Ineligible".
Payment Procedure
Applicant's have two payment options:
- Option A — receiving payment directly from Toyota Canada Inc.
- Option B — assigning payment to the Dealership
If Option A is selected, a cheque will be mailed directly to the applicant from Toyota Canada Inc.
If Option B is selected, a cheque will be issued directly to the Toyota Dealership from Toyota Canada Inc.
TCCI Leasing and Financing
Toyota Credit Canada Inc. offers advantageous financing and leasing terms, including a graduated payment feature on retail loans (not available in Quebec), for qualified graduates. Approval of the Graduate Program Allowance from Toyota Canada Inc. does not automatically include TCCI approval of a lease or finance contract. Please contact your Toyota Credit Branch Office for details of the criteria and procedure for TCCI approval.
How to qualify:
To qualify for a loan or a lease with Toyota Credit Canada Inc., we look at the following:
- Credit History: under the graduate program, no previous credit history is necessary. All we ask is that if you have already established some credit it should be favorable.
- Employment: you must be working full time, or have an offer of employment which will begin within 4 months of the application.
- Income: your salary should sufficiently cover vehicle payments, insurance, and living expenses. In general, the amount being borrowed should not exceed your annual salary.
- Downpayment: none is necessary unless you choose Graduated Payments (not available in Quebec). Most graduates will easily qualify for a loan or lease.
Benefits of the Graduate Program:
- Terms up to 60 months.
- Rates reduced by .20% — including any special low rates being advertised.
- Security deposits waived on leases.
Graduate payment financing option
- If you would like to pay lower payments for the first year of your loan then this is the plan for you.
- See one of our Sales Representatives for details.
- Graduated payment not available in Québec.