Rule 424(b)(2)
Registration No. 333-157642

Pricing Supplement dated October 7, 2009
(To Prospectus dated March 2, 2009
and Prospectus Supplement dated March 10, 2009)

TOYOTA MOTOR CREDIT CORPORATION
Medium-Term Notes, Series B - Floating Rate

Capitalized terms used in this Pricing Supplement that are defined in
the Prospectus Supplement shall have the meanings assigned to them in
the Prospectus Supplement.

CUSIP: 89233P3R5

Principal Amount (in Specified Currency): $25,000,000.
TMCC may increase
the Principal Amount prior to the Original Issue Date but is not required to
do so.

Issue Price: 100%

Trade Date: October 7, 2009

Original Issue Date: October 13, 2009

Stated Maturity Date: October 4, 2011

Initial Interest Rate: Three month LIBOR determined on October 9, 2009 plus
0.10%, accruing from October 13, 2009 (short first coupon)

Interest Payment Dates: The 4th of each January, April, July and October,
commencing on January 4, 2010, and on the Stated Maturity Date

Net Proceeds to Issuer: $24,985,000

Agent's Discount or Commission: 0.06%

Agent: Morgan Stanley & Co. Incorporated
Agent's Capacity:
 	[  ] Agent
 	[X] Principal

Calculation Agent: Deutsche Bank Trust Company Americas

Interest Calculation:
       [X] Regular Floating Rate Note
       [  ] Inverse Floating Rate Note:
       	Fixed Interest Rate:
       [  ] Floating Rate/Fixed Rate Note:
       	Fixed Interest Rate:
       	Fixed Rate Commencement Date:
       [  ] Other Floating Rate Note
       	(See attached Addendum)


Interest Rate Basis:
	[  ] CD Rate
	[  ] CMS Rate
	[  ] CMT Rate
	[  ] Commercial Paper Rate
	[  ] Eleventh District Cost of Funds Rate
	[  ] Federal Funds Rate
	[  ] Federal Funds Open Rate
	[X] LIBOR
	[  ] Prime Rate
	[  ] Treasury Rate
	[  ] Other (see attached Addendum)

If CMS:
	Designated CMS Maturity Index:

If CMT:
	Designated CMT Maturity Index:

	Designated CMT Reuters Page:
		[  ] T7051
		[  ] T7052

If LIBOR:
	Designated LIBOR Page:  Reuters
	Index Currency:  U.S. dollars

If CD Rate or LIBOR
	Index Maturity:  3 month

Spread (+/-):  +0.10%
Spread Multiplier:  N/A

Maximum Interest Rate:  N/A
Minimum Interest Rate:  N/A

Initial Interest Reset Date: January 4, 2010

Interest Rate Reset Period: Quarterly

Interest Reset Dates: The 4th of each January, April, July and October,
commencing on January 4, 2010

Interest Rate Reset Cutoff Date: N/A

Interest Determination Date: The second London Banking Day preceding each
Interest Reset Date

Day Count Convention:
	[  ] 30/360
	[X] Actual/360
	[  ] Actual/Actual

Business Day Convention
	[  ] Following
	[X] Modified Following, adjusted

Redemption:  Not Applicable
Redemption Date(s):
Notice of Redemption:

Repayment:  Not Applicable
Optional Repayment Date(s):
Repayment Price:

Original Issue Discount:  Not Applicable
Total Amount of Original Issue Discount:
Yield to Maturity:
Initial Accrual Period:

Specified Currency:  U.S. dollars
Minimum Denomination/Minimum Incremental Denomination:  $1,000 and $1,000
increments thereafter

If a Reopening Note, check [   ], and specify:
	Initial Interest Accrual Date: