Are you a recent college graduate eyeing a new ride that’s both eco-friendly and stylish? The Toyota College Graduate Rebate Program could be your ticket to getting behind the wheel of a brand-new Toyota, including the innovative Toyota Mirai. Toyota understands that starting your career comes with its own set of financial considerations. That’s why they offer a College Rebate to help ease the transition into car ownership. This program makes it easier for eligible recent graduates to finance or lease a new Toyota, including fuel-efficient models like the Toyota Mirai.
This rebate program is designed to support students as they embark on their post-college journeys. It provides a financial incentive, making Toyota vehicles, such as the technologically advanced Toyota Mirai, more accessible. But what exactly does this program entail? Let’s break down the key eligibility requirements and benefits to see if you qualify to drive off in your dream Toyota, possibly a Toyota Mirai, with some extra savings.
To take advantage of this fantastic opportunity, there are a few criteria you need to meet. Firstly, you must be currently enrolled in a graduate program or have graduated from an eligible accredited school within the last two calendar years from the date you sign your lease or finance contract. Eligible schools include four-year universities, registered nursing programs, two-year colleges, technical colleges, and graduate schools located within the 50 United States, Puerto Rico, or U.S. Virgin Islands. You’ll need to provide proof of your enrollment or graduation through ID.me verification at a participating Toyota dealership.
Beyond the educational qualifications, there are also credit and financial aspects to consider. To qualify for the College Rebate Program, you’ll need to obtain credit approval and finance or lease your new Toyota, including the Toyota Mirai, through Toyota Financial Services (TFS) at a participating dealer. Not everyone will qualify, and the program requires applicants to meet specific credit standards. This includes demonstrating a responsible credit history, with all credit obligations paid within 60 days of the due date for the past 24 months, and no more than $1,000 in total charge-offs on your credit report. You’ll also need to provide proof of present or future employment that will commence within 120 days of your credit approval.
The rebate itself, offered by Toyota Motor North America, is applied towards your lease agreement as an amount due at signing or delivery, or as a down payment reduction on finance contracts through TFS. It’s important to note that this offer cannot be combined with the Military Rebate program or the Lease-End Refi Program, and it’s limited to one rebate per transaction. The vehicle must be taken from the dealer’s existing stock. This College Program is available for contracts executed between March 4, 2025, and March 31, 2025, but remember that programs can change, so it’s always best to confirm the latest details with your dealer. Notably, this program is not available in AL, FL, GA, HI, NC, and SC, and some other restrictions may apply. Rebate terms can also be more favorable in your local area, so it’s worthwhile to inquire with your local Toyota dealer about the specific college rebate offerings near you.
In conclusion, the Toyota College Graduate Rebate Program presents a valuable opportunity for recent graduates to drive a reliable and stylish new Toyota, like the Toyota Mirai, while enjoying some financial assistance. By meeting the eligibility criteria and financing through Toyota Financial Services, you can make your dream of owning a new Toyota a reality. Visit your nearest participating Toyota dealer to explore your options and drive into your future today!
