Filed pursuant to Rule 433
Registration No. 333-132201
Dated 04/04/07


FLOATING RATE MEDIUM TERM NOTE FINAL TERM SHEET

ISSUER:				TOYOTA MOTOR CREDIT CORPORATION (Aaa/AAA)
SIZE:		 		$200,000,000
TRADE DATE:		 	04/04/07
SETTLEMENT DATE:		04/10/07
MATURITY DATE:			04/11/08
COUPON:				Federal Funds Effective +4bps
FLOATING RATE REFIX:		Telerate Page 120
INTEREST RATE RESET PERIOD:	Daily
INTEREST RATE RESET DATE:	Each Business Day
INTEREST DETERMINATION DATE:	The same Business Day as the related Interest
Reset Date.  The Interest Rate to be used for the two Business Days immediately
prior to each Interest Payment Date (including the Maturity Date) will be the
Interest Rate in effect on the Second Business Day preceding such Interest
Payment Date (including the Maturity Date.)
PAYMENT FREQUENCY:		Quarterly
COUPON PAYMENT DATES:		Quarterly on the 11th of or next good business
day of July, October, January, & April using the following adjusted business
day convention.
INITIAL PAYMENT DATE:		07/11/07
DAYCOUNT:			ACT/360
PRICE TO INVESTOR:		PAR
PROCEEDS TO ISSUER:		$199,980,000   ($99.99)
DELIVERY:			DTC # 569
DENOMINATIONS:			$1,000 X $1,000
CUSIP:				89233PD52
UNDERWRITER:			RBC CAPITAL MARKETS CORPORATION




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 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, 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 1-866-375-6829.

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