Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement No. 333-157642
Dated July 27, 2010

Final Terms for Issuance

Issuer:  		Toyota Motor Credit Corporation

Security:		Floating Rate Medium Term Notes, Series B

Issuer Senior Long-Term Aa2 (negative outlook) / AA (negative outlook)
Debt Ratings:

Cusip:			89233P4G8

Pricing Date:		July 27, 2010

Settlement Date :	July 30, 2010

Maturity Date:		August 1, 2011

Principal Amount:	$30,000,000
			(may be increased prior to the Settlement Date)

Re-offer Price:		100.00%

Commission:		0.15%

All-in Price to Issuer:	99.85%

Net Proceeds to Issuer:	$29,955,000

Floating Rate Index:	3 Month LIBOR

Floating Rate Spread:	+ 10 basis points

Index Source:		LIBOR Reuters

Interest Payment Frequency:  Quarterly

Initial Interest Payment Date:  November 1, 2010

Initial Interest Rate:	3 Month LIBOR determined on July 28, 2010
+ 10 basis points, accruing from July 30, 2010 (long first coupon
interpolated between 3 month and 4 month LIBOR)

Interest Payment Dates:	On the 1st of each November, February, May
and on the Maturity Date

Interest Reset Dates:  	The same dates as each Interest Payment Date.  For the
avoidance of doubt, newly reset interest rates shall apply
beginning on and including the Interest Reset Date, to but
excluding the next Interest Payment Date

Interest Determination Date:  Second London Banking Day preceding
each Interest Reset Date

Day Count Convention:	Actual/360

Business Day Convention:  Modified Following, adjusted

Business Days:		New York and London

Governing Law:		New York

Calculation Agent:	Deutsche Bank Trust Company Americas

Minimum Denominations:	$1,000 and $1,000 increments thereafter

Agent:			Toyota Financial Services Securities USA Corporation

Capitalized terms used herein but not otherwise defined shall have the
meanings assigned to them in the prospectus dated March 2, 2009 and
prospectus supplement thereto dated March 10, 2009 relating to these
notes.

The issuer has filed a registration statement (including a prospectus)
with the U.S. Securities and Exchange Commission (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 web 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 1-800-292-1147.

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