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Toyota extends 0% financing to end of November

11/04/2008, 2:22 PM

By Nick Aziz

Toyota today announced it will extend its zero-percent financing offer for another month following a sharp sales decline in the month of October. Previously expected to end October 31st, the incentive now runs until November 30th. It’s conceivable the automaker could continue to extend the offer if demand remains weak.

The Toyota models qualifying for this offer are: Matrix, Corolla, Camry, RAV4, Highlander, FJ Cruiser, 4Runner, Sequoia, Sienna, Tacoma and Tundra.

Toyota reported a 23 percent sales decline for the month of October, compared with October ‘07. A month prior, the automaker reported a sales decline of 32.3 percent for September.

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11/04, 2:40 PM

posted by:

johnnycanuck

This works out well. Zero percent is about the level of interest I have in purchasing a new Toyota.

11/04, 6:11 PM

posted by:

DrFill

Ignoring the haters, Toyota did do slightly better than the competition, but I disagree with extending this promo.
Let the domestics push rate.
Leave them something
DrFill

11/04, 6:14 PM

posted by:

bradleygt

crap. this means I have to hear that crappy ’saved by zero’ commercial jingle another 3O days!?!?!?! Don’t these idiots who make commercial know that by pissing people off with a crappy annoying jingle, while it may get your attention, also turns people off their products?

the song sucked, the jingle is even worse. no wonder I don’t watch network tv except for sports!

11/05, 10:45 AM

posted by:

Get Real

Zero Percent with a high MSRP still meant no sale in October.

11/05, 3:41 PM

posted by:

Z06ified

If I hear one more stupid “saved by zero” Toyota TV commercial, I’m gonna puke.

 
 
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