424B3 1 rmtn354355.txt Filed under Rule 424 (b)(3), File No. 333-132201 Pricing Supplement No. 101 - dated 06/16/2008 (To prospectus dated 03/07/2006 and prospectus supplement dated 03/30/2006) Toyota Motor Credit Corporation =================================================================== Purchasing Proceeds CUSIP Price to Agent's Before Number Public(1) Discount(1) Expenses(1) =================================================================== 89240ALP3 100% 0.750% 99.250% ------------------------------------------------------------------- =================================================================== Interest Interest Stated Rate Per Payment Maturity Survivor's Annum Frequency Date Option =================================================================== 4.700% Semi-Annual 01/22/2013 Yes ------------------------------------------------------------------- Medium-Term Note, Series B - TMCC CoreNotes - Fixed Rate. ------------------------------------------------------------------- Interest Payment Dates: The 20th day of January and July of each year commencing 01/20/2009, and at Maturity. Redemption Information: Redeemable in whole at the option of Toyota Motor Credit Corporation on 07/20/2009 and each Interest Payment Date thereafter, at a price equal to 100%, with not less than 30 calendar days' prior notice nor more than 60 calendar days' prior notice. =================================================================== Purchasing Proceeds CUSIP Price to Agent's Before Number Public(1) Discount(1) Expenses(1) =================================================================== 89240ALQ1 100% 1.200% 98.800% ------------------------------------------------------------------- =================================================================== Interest Interest Stated Rate Per Payment Maturity Survivor's Annum Frequency Date Option =================================================================== 5.050% Semi-Annual 01/20/2016 Yes ------------------------------------------------------------------- Medium-Term Note, Series B - TMCC CoreNotes - Fixed Rate. ------------------------------------------------------------------- Interest Payment Dates: The 20th day of January and July of each year commencing 01/20/2009, and at Maturity. Redemption Information: Redeemable in whole at the option of Toyota Motor Credit Corporation on 07/20/2009 and each Interest Payment Date thereafter, at a price equal to 100%, with not less than 30 calendar days' prior notice nor more than 60 calendar days' prior notice. ==================================================================== Toyota Motor Credit Corporation 19001 S. Western Ave Torrance, California 90501 Trade Date: 06/20/2008 Issue Date: 06/25/2008 Minimum Denominations/Increments: $1,000/$1,000 Original Issue Discount: No Form: Book-entry All trades settle without accrued interest and clear SDFS: DTC Book- entry only Merrill Lynch DTC Participant Number: 161 (1) Expressed as a percentage of the minimum denomination Merrill Lynch & Co. Purchasing Agent Acting as Principal =======================================================================