FWP 1 mtn692fwp.txt Filed pursuant to Rule 433 Dated 8/11/06 Registration No.333-132201 FINAL TERMS AND CONDITIONS TOYOTA MOTOR CREDIT CORP US$ 200,000,000 Floating Rate Medium-Term Notes due August 15, 2008 Issuer Toyota Motor Credit Corp. Structure 2 year MTN FRN Pricing Date August 11,2006 Interest Accrual Date August 16,2006 Settlement Date August 16,2006 Maturity Date August 15,2008 Issue Ratings Aaa/AAA CUSIP 89233PZB5 Form of Note Registered Medium-Term Notes Principal Amount 200,000,000 Pricing Benchmark FED Funds same day effective; 2 day lockout prior to interest payment dates Reoffer Yield FF + 8bps Reoffer Price 100% All-in Price to Issuer 99.96% Net Proceeds 199,920,000 Interest Reset Daily Interest Pay Frequency Quarterly First Payment Date November 15, 2006 Interest Payment Date(s) 15th Feb / May / Aug / Nov Day Count Actual / 360 Business Days New York Day Count Convention Following, Adjusted Minimal Denominations $1,000 Agent Greenwich Capital Markets, Inc. The issuer has filed a registration statement (including a base prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest in this offering, you should read the base prospectus in that 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, RBS Greenwich Capital will arrange to send you the base prospectus at no charge if you request it by calling 1-866-884-2071 or emailing offeringmaterials@rbsgc.com.