FWP 1 mtn667fwp.txt Filed pursuant to Rule 433 Dated 11-April-2006 Registration No. 333-132201 Toyota Motor Credit Corp Final Term Sheet Lead Managers:HSBC Securities (USA) Inc. (100%) Structure: 3yr nc 1yr Float/Fixed Medium Term Notes Ratings: Aaa / AAA Pricing Date: April 11, 2006 Interest Accrual Date: April 20, 2006 Settlement Date: April 20, 2006 Initial Call Date: April 20, 2007 Maturity Date: April 20, 2009 Form of Note: Senior Notes Form of Offering: SEC Registered Medium Term Notes CUSIP: 89233PYA8 Transaction Details Principal Amount: $100,000,000 Year 1: Pricing Benchmark: 3M USD LIBOR Interest Rate Source: USD-Libor-BBA (Reuters/Telerate Inc Page 3750) Coupon: 3M USD LIBOR + 10 bps Coupon Reset & Payment Dates: Quarterly Coupon Pay Basis: Act/360 Interest Rate Determination: Two London Business Days Day Count Convention: Modified Following with Adjustment Call Provision: Coupon Call Dates: April 20th, 2007 and semi-annually thereafter Call Type: Bermuda. Semi-annual (in whole) on coupon payment dates Call Notice on Note: 10 New York Calendar Days Call Price: Par (100.00) Years 2 & 3: Fixed Coupon: 5.625% Fixed Interest Payment: Semi-Annually on October 20th and April 20th Day Count: 30/360 Day Count Convention: Following, Unadjusted Price to Investor: 100.000% Gross Fees: 0.00% All-In Price to Issuer: 100.00% Net Proceeds: $100,000,000 Minimum Denominations: $100,000 and integral multiples of $1,000 thereafter Delivery Instructions: DTC#2467 The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-811-8049.