FWP 1 mtn721fwp.txt Dated: January 08, 2007 Filed Pursuant to Rule 433 Registration Statement No. 333-132201 Toyota Motor Credit Corp Lead Manager ABN AMRO Incorporated Issuer Toyota Motor Credit Corp Tenor 14 months Ratings (Moody's/ S&P) Aaa/AAA Principal Amount $40,000,000 Structure Fixed Rate Note Pricing Date January 08, 2007 Settlement Date January 11, 2007 Maturity Date March 11, 2008 Benchmark Security EDSF Day Count Convention 30/360 Business Day Convention Following Business Day Period End Date Unadjusted Holidays New York Minimum Denominations 2,000 / 2,000 Coupon 5.185% Price to Public $100.000 Price to Issuer $99.990 Proceeds to Issuer $39, 996,000 First Coupon Payment Date July 11, 2007 Coupon Payment Dates July 11, 2007 & January 11, 2008 (Short last Coupon March 11, 2008) Cusip 89233PA71 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 1-888-226-3756. Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.