EXHIBIT 21.1

TOYOTA MOTOR CREDIT CORPORATION

LIST OF SUBSIDIARIES

	State or Country of
Subsidiary	Incorporation/Formation
Toyota Motor Insurance Services, Inc.	California
Toyota Motor Insurance Company	Iowa
Toyota Motor Insurance Corporation of Vermont	Vermont
Toyota Motor Credit Receivables Corporation	California
Toyota Leasing, Inc.	California
Toyota Auto Finance Receivables LLC	Delaware
TCPR Holdings, Inc.	California
Toyota Credit de Puerto Rico Corp	Commonwealth of Puerto Rico

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