FWP 1 mtn808fwp.txt Free Writing Prospectus Filed Pursuant to Rule 433 Registration Statement No. 333-132201 Dated November 1, 2007 Final Terms for Issuance November 1, 2007 ISSUER: Toyota Motor Credit Corporation SECURITY: Medium Term Notes, Series B RATINGS: Aaa/AAA NOTIONAL: $500,000,000 TRADE DATE: 11/01/2007 SETTLEMENT DATE: 11/06/2007 (T+3) MATURITY DATE: 01/06/2009 COUPON: PRIME - 277.5 basis points INDEX SOURCE: USD-PRIME-H.15 COUPON PAY DATES: January 7, 2008 (1st Coupon Date), then quarterly on the 6th thereafter or on the next good Business Day, and on the Maturity Date (subject to following convention). INTEREST DETERMINATION DATE: Daily, each Business Day INTEREST RATE CUTOFF: 2 Business Days prior to coupon pay date BUSINESS DAY CONVENTION: New York DAY COUNT BASIS: Actual/360 BUSINESS DAY CONVENTION: Following, adjusted PRICE TO PUBLIC: 100% DENOMINATIONS: $1,000 by $1,000 GROSS SPREAD: 1 basis point PRICE TO ISSUER: 99.99% PRINCIPAL TO ISSUER: $499,950,000 CUSIP: 89233PM52 SOLE AGENT: Banc of America Securities LLC BAS DTC: #773 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 1-800-294-1322 or you may e-mail a request to dg.prospectus_distribution@bofasecurities.com. Any legends, disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of this communication having been sent via Bloomberg or another system.