The Car and Truck Fleet and Leasing Management Magazine

Toyota Extends 0% Loans to Jan. 7

December 4, 2001

Toyota Division has extended 0-percent financing until Jan. 7 on the 2002 and 2001 Corolla sedan, Tundra pickup truck, and 4Runner sport/utility. The program had been slated to end Dec. 3, 2001.
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Terminology used in the United States and Canada to denote a financing type lease which is required to be "capitalized," i.e., the leased equipment must be recorded on the Lessee's balance sheet as assets with corresponding liabilities.

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