Presentation Materials for Investors November 2014 1

Disclaimer [] This presentation includes certain "forward-looking statements" within the meaning of The U. S. Private Securities Litigation Reform Act of 1995. [] These statements are based on current expectations and currently available information. [] Actual results may differ materially from these expectations due to certain risks, uncertainties and other important factors, including the risk factors set forth in the most recent annual and periodic reports of Toyota Motor Corporation and Toyota Motor Credit Corporation. [] We do not undertake to update the forward-looking statements to reflect actual results or changes in the factors affecting the forward-looking statements. [] This presentation does not constitute an offer to sell or a solicitation of an offer to purchase any securities. Any offer or sale of securities will be made only by means of a prospectus and related documentation. [] Investors and others should note that we announce material financial information using the investor relations section of our corporate website (http://www.toyotafinancial. com) and SEC filings. We use these channels, press releases, as well as social media to communicate with our investors, customers and the general public about our company, our services and other issues. While not all of the information that we post on social media is of a material nature, some information could be material. Therefore, we encourage investors, the media, and others interested in our company to review the information we post on the Toyota Motor Credit Corporation Twitter Feed (http://www.twitter. com/toyotafinancial). We may update our social media channels from time to time on the investor relations section of our corporate website. 2

Disclaimer [] This presentation includes certain "forward-looking statements" within the meaning of The U. S. Private Securities Litigation Reform Act of 1995. [] These statements are based on current expectations and currently available information. [] Actual results may differ materially from these expectations due to certain risks, uncertainties and other important factors,including the risk factors set forth in the most recent annual and periodic reports of Toyota Motor Corporation and Toyota Motor Credit Corporation. [] We do not undertake to update the forward-looking statements to reflect actual results or changes in the factors affecting the forward-looking statements. [] This presentation does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to purchase or subscribe for securities of TMCC in any jurisdiction or an inducement to enter into investment activity in any jurisdiction. Neither this presentation nor any part thereof, nor the fact of its distribution, shall form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. Any offer or sale of securities by TMCC will be made only by means of a prospectus and related documentation. [] Investors and prospective investors in securities of TMCC are required to make their own independent investigation and appraisal of the business and financial condition of TMCC and the nature of its securities. This presentation does not constitute a recommendation regarding securities of TMCC. Any prospective purchaser of securities in TMCC is recommended to seek its own independent financial advice. [] This presentation is made to and directed only at (i)persons outside the United Kingdom, or (ii) qualified investors or investment professionals falling within Article 19(5) and Article 49(2)(a) to (d) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005(the "Order"), or (iii)high net worth individuals, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to(d) of the Order, and (iv) persons who are "qualified investors" within the meaning of Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC) as amended (such persons collectively being referred to as "Relevant Persons"). This presentation must not be acted or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this presentation relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. [] This presentation is an advertisement and not a prospectus and investors should not subscribe for or purchase any securities of TMCC referred to in this presentation or otherwise except on the basis of information in the base prospectus of Toyota Motor Finance (Netherlands) B. V. , Toyota Credit Canada Inc. , Toyota Finance Australia Limited and Toyota Motor Credit Corporation dated 12 September 2014 as supplemented from time to time together with the applicable final terms which are or will be, as applicable, available on the website of the London Stock Exchange plc at www. london stock exchange. com/exchange/news/market-news/market-news-home.html. [] Investors and others should note that we announce material financial information using the investor relations section of our corporate website (http://www.toyotafinancial.com) and SEC filings. We use these channels, press releases, as well as social media to communicate with our investors, customers and the general public about our company, our services and other issues. While not all of the information that we post on social media is of a material nature, some information could be material. Therefore, we encourage investors, the media, and others interested in our company to review the information we post on the Toyota Motor Credit Corporation Twitter Feed (http://www.twitter. com/toyotafinancial) . We may update our social media channels from time to time on the investor relations section of our corporate website. 3

Toyota's Global Businesses 4

TMC Consolidated Financial Results Three Months Fiscal Year Ended March 31, Ended June 30, (JPY billions) 2013 2014 2014 Net Revenues 22,064.2 25,691.9 6,390.7 Operating Income 1,320.9 2,292.1 692.7 Net Income 962.2 1,823.1 587.8 Source:TMC FY2013, FY2014 20-F, June 30, 2014 6-K 5

TMC Consolidated Balance Sheet FY 2013 (JPYbillions) As of March 31,2013 Current assets 13,784.9 Noncurrent finance receivables,net 6,943.8 Investment and other assets 7,903.4 Property,plant and equipment,net 6,851.2 Total Assets 35,483.3 Liabilities 22,710.5 Shareholders' equity 12,772.9 Total Liabilities and Shareholders' Equity 35,483.3 FY2014 FY2015 As of March 31,2014 As of June 30, 2014 15,717.7 15,574.3 8,102.3 8,143.9 9,976.2 9,972.0 7,641.3 7,765.6 41,437.5 41,455.7 26,218.5 25,997.4 15,219.0 15,458.3 41,437.5 41,455.7 Source:TMC FY2013, FY2014 and June 30, 2014 6-K 6

Toyota Across the United States Operations Overview 7

Toyota's Next Chapter [] Recently announced consolidation of Toyota headquarters functions [] Will move to a single location in Plano, Texas during 2016-2018 [] Unified manufacturing and sales leadership HQ will enable us to: -- Improve collaboration and leverage capabilities across the business -- Respond to changes in the market faster and improve our competitive advantage -- Better align manufacturing operations with sales,marketing and other functions -- Ultimately develop better products and services for our customers 8

Toyota Motor Sales, USA [] TMS sold 2.23 million vehicles in 2013; its highest sales volume since 2007 and up 7.4% from 2012 -- Toyota division is the #1 US retail brand in 2014 -- Camry was the best-selling passenger car in America for the 12 (th) consecutive year [] Industry-leading investment in next-generation technologies in power-train, safety and production -- TMS has one of the most fuel-efficient line-ups of any full-line OEM -- Over 2.5 million hybrids sold in the US and over 7 million worldwide(1) -- 11 hybrid models(2), 1 plug-in model, and 1 EV model across the TMS line-up [] For 2014, TMS is launching 8 new or refreshed models. Recent and upcoming vehicle launches: - Camry and HV - Yaris - Sienna - Highlander and HV - Lexus RC - Lexus RC F - Lexus NX - Lexus NX HV (1) As of September 2014 (2) Includes cars and light trucks Source: TMS Reports 9

Toyota Motor Sales, USA (2) [] Quality, dependability, safety and product appeal remain high as reflected by numerous 3(rd) party accolades 2014 NHSTA 5-Star Overall Safety Rating 11 Toyota, Lexus and Scion models 2014 Consumer Reports Best New Car Value Toyota Prius 2014 Popular Mechanics 10 Best Cars and Trucks 2014 Lexus IS 2014 NHTSA Top 10 Most 'American Made' Vehicles Camry, Corolla and Tundra Worlds Most Innovative Companies Toyota ranked 5(th) overall and the highest amongst automotive brands 2014 J.D. Power and Associates Vehicle Dependability Study Lexus ranked 1(st) overall 2014 J.D. Power and Associates Initial Quality Study Toyota, Lexus, and Scion vehicles earned top 3 finishes 2014 Consumer Reports Consumer Perception Survey Toyota highest among non-luxury brands Interbrand Best Global Green Brands in 2014 Toyota ranked no.2 Kelley Blue Book's 10 Best Green Cars of 2014 Prius Family and Lexus ES 300h 2014 Auto Pacific Vehicle Satisfaction Award Highlander named most satisfying premium midsize crossover SUV 2014 Edmunds Top Rated Sedan Toyota Avalon 10

Toyota Motor Sales, USA (3) Toyota Camry XSE Toyota FCV Hydrogen Car 11

Toyota Motor Sales, USA (4) Toyota Yaris Toyota Sienna 12

Toyota Motor Sales, USA (5) Lexus RC F 13

Toyota Financial Services 14

TFS Group Global Presence 15

Toyota Motor Credit Corporation (TMCC) Toyota Motor Corporation (TMC) Toyota Financial Services Corporation (TFSC) Toyota Motor Credit Corporation (TMCC) [] Over 4.2 million active finance contracts (1) [] AA- (2)/Aa3(2) rated captive finance company by SandP / Moody's [] Credit support agreement structure with TFSC/TMC(3) (1) As of September 2014 (2) Outlook stable (3) The Credit Support Agreements do not apply to securitization transactions 16

TMCC Products and Services Consumer Finance [] Retail [] Lease Dealer Finance [] Wholesale [] Real Estate [] Working Capital [] Revolving Credit Lines Commercial Finance [] Forklift [] Hino Medium Duty [] Retail [] Lease Insurance [] Service Agreements [] Prepaid Maintenance [] Guaranteed Auto Protection [] Excess Wear and Use [] Tire and Wheel 17

Extensive Field Organization [] Decentralized dealer and field support [] Centralized servicing and collections (circled) 18

Recent TMCC Business Highlights [] In excess of $10.6 billion pre-tax income over the past 5 years(1) [] Continuing the trend in 2014, TFS is the top U. S. auto lender in all new vehicles(2) [] Strong market share continues to drive solid financing revenues and sales support [] Lownet charge-offratio driven by prudent underwriting standards and proactive servicing practices [] High insurance penetration and growing insurance volume (1) ForthefiveyearperiodfromFY10throughFY14;$1.679mm+$3.003mm+$2.423mm+$2.155mm+$1. 354mm=$10,614mm (2) Source:Auto Count as of August 2014 19

TMCC Earning Asset Composition Managed Assets (USD billions) $76.8 12.1 11.3 34.1 19.3 Mar-11 $76.8 12.7 10.5 34.6 19.0 Mar-12 $83.0 14.9 8.0 39.9 20.2 Mar-13 $89.9 15.8 9.6 39.6 24.9 Mar-14 $91.8 15.6 10.7 38.7 26.8 Jun-14 Lease Retail Sold (ABS) Wholesale and Other Source: TMCC March 31, 2011 10-K, March31, 201210-K , March31,201310-K, March 31, 2014 10-K and June 30, 2014 10-Q 20

TMCC Financial Performance -Select Data Fiscal Year Ended March 31, (USD millions) 2011 2012 2013 ---------------------------------- ----- -------------- ----------- Total Financing Revenues 8,064 7,429 7,244 add: Other Income 779 717 744 less: Interest Expense 4,967 4,639 4,508 and Depreciation Net Financing Revenues 3,876 3,507 3,480 and Other Revenues Net Income 1,853 1,486 1,331 Three Months Ended June 30, 2014 2014 ----- ------------------ 7,397 1,960 702 188 5,352 1,230 2,747 918 857 364 Source: TMCC March 31, 201 4 10-K and TMCC June 30, 2014 10-Q 21

TMCC Financial Performance -Select Data Fiscal Year Ended March 31, (USD millions) 2011 2012 2013 ------------------------------------ ------ --------------- ---------- Over 60 Days Delinquent (1) 0.26% 0.18% 0.19% Allowance for Credit Losses (1)(2) 1.13% 0.80% 0.63% Net Credit Losses (3) 0.52% 0.21% 0.27% Three Months Ended June 30, 2014 2014 ----- ------------------ 0.18% 0.22% 0.50% 0.48% 0.28% 0.20% (1) Percentage of gross earning assets (2) The quotient of allowance for credit losses divided by the sum of gross finance receivables (net finance receivables less allowance for credit losses) plus gross investments in operating leases (net investments in operating leases less allowance for credit losses) (3) Percentage of average gross earning assets annualized Note: All percentage figures calculated were based on a 120-day charge-off policy Source: TMCC March 31, 2014 10-K & TMCC June 30, 2014 10-Q 22

TMCC Funding Programs 23

Exceptional Liquidity E A-1+/P-1 rated direct commercial paper program E $19.0 billion committed credit facilities(1) E $7.2 billion short-term liquidity investment portfolio(2) E Over $60 billion in readily salable consumer retail loan & lease receivables E Access to various domestic and international markets E Billions of additional capacity in global benchmark markets E Extensive inter-company lending infrastructure E Credit support agreements: TMCC TFSC TMC (1)As of June 30, 2014 (2) Average balance for quarter ended June 30,2014 Source:TMCC June 30, 2014 10-Q 24

TMCC Funding Program Objectives [] TMCC is committed to: -- Maintaining funding diversity and exceptional liquidity -- Issuing into strong demand with attractive deals -- Identifying and developing new markets and investor relationships -- Responding quickly to opportunities with best-in-class execution -- Managing our business and stakeholder relationships with a long-term view 25

New Funding Vehicles [] Auto industry's first ever Green BondABS [] Diversity and Inclusion (DandI) bond syndicates led by diversity firms [] Competitive, innovative and socially responsible 26

TMCC FYTD15 Funding Overview $10.75 billion of long term debt funded FYTD Structured 0.4% EMTN ABS Conduit 16% 11% ABS Public 9% Other 2% MTN 31% USD Global 30% [] $8.62 billion in unsecured debt [] $2.13 billion in secured debt (net of amount retained) -- $0.93 billion comprised of public term secured funding (net of amount retained) As of September 30, 2014 Source:Company Reports 27

Diversification in Debt Offerings TMCC Long Term Debt Outstanding (USD millions) By Deal Type Uridashi $2,376 EMTN $5,022 Eurobonds Global MTN $7,594 $23,350 Other $4,773 Public/Private ABS $7,887 MTN $10,066 By Currency GBP CHF Other JPY $1,210 $479 $354 $1,408 AUD $2,608 EUR $6,657 USD $48,348 Asof September 30, 2014 Source:Company Reports 28

Funding Flexibility And Responsiveness Diversification Across USD Curve (1) 100% 6% 11% 15% 16% 24% 26% 80% 8% 27% 19% 20% 14% 60% 12% 20% 36% 19% 11% 12% 3% 9% 40% 7% 4% 77% 4% 17% 45% 20% 7% 37% 39% 38% 16% 0% FY 10 FY 11 FY 12 FY 13 FY14 FYTD15 1yr 18mth 2yr 3yr 5yr 7yr 10yr (1) Unsecured U.S. MTN issuance, excluding Structured Notes and Retail Notes Percentages may not add to 100% due to rounding As of September 30, 2014 Source:Company Reports 29

Key Investment Highlights [] Financial strength supported by strong credit ratings [] Transparent business model with exceptional liquidity [] Rational funding programs with long term perspective -- Diversification in bond offerings -- Focus on proactively meeting needs of market -- Strong emphasis placed on flexibility and responsiveness [] Industry-leading in: -- Liquidity management framework -- Balance sheet strength -- Business model resiliency 30

TMCC Retail Loan Collateral and ABS Transactions 31

Credit Decisioning and Collections [] Recent consistent, conservative underwriting standards have produced low levels of delinquencies and credit losses -- Identification and minimization of least desirable segments -- Ongoing focus on Toyota and Lexus business [] Optimization of collections strategy and staff supports loss mitigation while enabling portfolio growth -- Emphasis on early intervention -- Reinforcement of strong compliance management system 3.0% 2.0% Delinquency(1) 1.0% Credit loss(2) 0.0% FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 (1) Delinquency is 30+ day delinquencies as a percentage of retail receivables outstanding (2) Credit loss is annual net credit loss as a percentage of retail receivables outstanding 32

Credit: Results* [] Retail loan credit performance has shown significant improvement -- Portfolio-level performance trends show general improvement -- Recent vintages outperforming older cohorts Cumulative Net losses: Annual Origination Vintages 4.50% 2007 2008 2009 2010 2011 2012 2013 4.00% 3.50% 3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% 0 4 8 12 16 20 24 28 32 36 40 44 48 52 56 60 64 68 72 Month * Abbreviated for presentation purposes Source: Company Reports 33

Managed Portfolio Performance TMCC Retail Loan Delinquency Experience (1) At September 30, ------------------------ ----------- 2014 2013 2014 ------------ ----------- ----------- Outstanding Contracts(2) 3,238,144 3,196,125 3,220,641 Number of Accounts Past Due in the following categories 30-59 days 39,005 39,543 32,920 60-89 days 8,820 8,227 6,660 Over 89 days 6,456 6,574 5,799 Delinquencies as a Percentage ofContractsOutstanding(3) 30-59 days 1.20% 1.24% 1.02% 60-89 days 0.27% 0.26% 0.21% Over 89 days 0.20% 0.21% 0.18% At March 31, ------------ ------------- ----------- ------------- 2013 2012 2011 2010 ------------ ------------- ----------- ------------- 3,156,247 3,119,781 3,189,591 3,093,894 35,672 35,162 43,070 55,123 7,182 6,786 8,588 11,722 6,362 5,870 9,153 10,953 1.13% 1.13% 1.35% 1.78% 0.23% 0.22% 0.27% 0.38% 0.20% 0.19% 0.29% 0.35% (1) The historical delinquency data reported in this table includes all retail vehicle installment sales contracts purchased by TMCC, excluding those purchased by a subsidiary of TMCC operating in Puerto Rico. Includes contracts that have been sold but are still being serviced by TMCC. (2) Number of contracts outstanding at end of period. (3) The period of delinquency is based on the number of days payments are contractually past due. A payment is deemed to be past due if less than 90% of such payment is made. Source: Company Reports 34

Performance --Retail Loan TMCC Managed Portfolio Net Loss and Repossession Experience (dollars in thousands) (1) For the Six Months Ended September 30, ---------------------------------- 2014 2013 ----------------- ---------------- Principal Balance Outstanding(2) $50,085,382 $48,692,973 Average Principal Balance Outstanding(3) $49,423,273 $47,812,847 Number of Contracts Outstanding 3,238,144 3,196,125 Average Number of Contracts Outstanding(3) 3,229,393 3,176,186 Number of Repossessions(4) 16,513 16,579 Number of Repossessions as a Percent of the Average Number of Contracts Outstanding 1.02% (7) 1.04% (7) Gross Charge-Offs(5)(8) $125,568 $113,663 Recoveries(6) $30,884 $34,139 Net Losses $94,684 $79,524 Net Losses as a Percentage of Average Principal Balance Outstanding 0.38% (7) 0.33% (7) For the Fiscal Years Ended -------------- ----------------------------------- 2014 2013 2012 -------------- ------------- --------------------- $48,761,164 $46,932,720 $44,648,020 $47,846,942 $45,790,370 $44,850,661 3,220,641 3,156,247 3,119,781 3,188,444 3,138,014 3,154,686 34,923 34,353 42,937 1.10% 1.09% 1.36% $257,586 $244,432 $240,736 $62,714 $69,088 $78,593 $194,872 $175,344 $162,143 0.41% 0.38% 0.36% 2011 2010 ------------- ------------- $45,053,303 $43,234,740 $44,144,021 $43,360,181 3,189,591 3,093,894 3,141,743 3,072,036 64,710 79,637 2.06% 2.59% $447,159 $724,212 $98,105 $116,892 $349,054 $607,320 0.79% 1.40% (1) The net loss and repossession data reported in this table includes all retail installment sales contracts purchased by TMCC, excluding those purchased by a subsidiary of TMCC operating in Puerto Rico. Includes contracts that have been sold but are still being serviced by TMCC. (2) Principal Balance Outstanding includes payoff amount for simple interest contracts and net principal amount for actuarial contracts. Actuarial contracts do not comprise any of the Receivables. (3) Average of the principal balance or number of contracts outstanding as of the beginning and end of the indicated periods. (4) Includes bankrupt repossessions but excludes bankruptcies. (5) Amount charged-off is the net remaining principal balance, including earned but not yet received finance charges, repossession expenses and unpaid extension fees, less any proceeds from the liquidation of the related vehicle. Also includes dealer reserve charge-offs. (6) Includes all recoveries from post-disposition monies received on previously charged-off contracts including any proceeds from the liquidation of the related vehicle after the related charge-off. Also includes recoveries for dealer reserve charge-offs and chargebacks. (7) Annualized. (8) Beginning in February 2010, Toyota Motor Credit Corporation changed its charge-off policy from 150 days past due to 120 days past due. Source: Company Reports 35

Origination Profile TMCC Retail Auto Loan Originations Original Summary Characteristics by Vintage Origination Year: 2010 2011 ================ ================= Number of Pool Assets 956,010 911,545 Original Pool Balance $21,924,552,881 $21,608,462,287 Average Initial Loan Balance $22,933 $23,705 Weighted Average Interest Rate 3.91% 3.76% Weighted Average Original Term 62 months 63 months Weighted Average FICO 738 735 Geographic Distribution of Receivables representing the 5 states with the greatest aggregate original principal balance: State 1 CA-18.0% CA-18.9% State 2 TX-13.1% TX-12.6% State 3 NY-5.2% NY-5.4% State 4 NJ-4.7% NJ-4.9% State 5 VA-4.5% IL-4.1% Distribution of Receivables by Contract Rate:(2) Less than 2.0% 35.2% 30.3% 2.0%-3.99% 22.8% 35.9% 4.0%-5.99% 19.3% 17.5% 6.0%-7.99% 13.6% 8.5% 8.0%-9.99% 4.1% 3.2% 10.0%-11.99% 1.7% 1.6% 12.0%-13.99% 0.9% 0.7% 14.0%-15.99% 0.7% 0.6% 16.0% and greater 1.8% 1.7% ================ ================= Total 100.00% 100.00% ================ ================= Share of Original Assets: Percentage of Non-Toyota/Non-Lexus 4.9% 4.4% Percentage of 72+Month Term 9.8% 10.5% Percentage of Used Vehicles 30.6% 31.5% 2012 2013 2014(1) ================ ================= ================= 973,979 1,008,958 735,210 $24,029,119,369 $25,332,328,542 $18,866,895,922 $24,671 $25,107 $25,662 3.15% 2.94% 3.01% 63 months 63 months 64 months 731 727 726 CA-19.3% CA-21.4% CA-21.0% TX-14.1% TX-13.3% TX-13.8% NY-5.1% NY-4.6% NY-4.7% NJ-4.5% NJ-4.4% NJ-4.2% VA-4.2% IL-3.9% PA-4.1% 44.1% 51.2% 51.6% 27.8% 20.2% 19.2% 15.1% 14.0% 13.3% 6.6% 6.7% 7.5% 2.7% 3.2% 3.5% 1.4% 1.5% 1.7% 0.5% 0.6% 0.7% 0.5% 0.6% 0.6% 1.4% 2.0% 1.9% ================ ================= ================= 100.00% 100.00% 100.00% ================ ================= ================= 3.3% 3.3% 3.7% 10.0% 10.6% 10.9% 24.4% 24.5% 23.4% (1) As of September 30, 2014 (2) Percentages may not add to 100% due to rounding Source: Company Reports 36

Origination Characteristics APR Distribution 100% 80% 60% 40% 20% 0% CY2010 2011 2012 2013 2014* 2.0% 2.0% -3.99% = 4.0% Weighted Average FICO 740 720 700 680 660 640 620 CY2010 2011 2012 2013 2014* Weighted Average FICO Weighted Average Original Term 72 66 60 54 48 CY2010 2011 2012 2013 2014* Weighted Average Original Term New vs. Used 100% 80% 60% 40% 20% 0% CY2010 2011 2012 2013 2014* New Used *As of September 30, 2014 Source: Company Reports 37

ABS Deal Comparison Toyota Auto Owner Trust (TAOT)(*) Original Summary Characteristics by Prior Securitization: TAOT 2013-A TAOT 2013-B ---------------- ---------------- Number of Pool Assets 84,513 66,096 Original Pool Balance $1,301,545,574 $1,054,454,801 Average Principal Balance $15,401 $15,953 Weighted Average Interest Rate 2.56% 2.24% Weighted Average Original Term 61 61 Weighted Average FICO 756 757 Minimum FICO 620 620 Maximum FICO 886 883 Geographic Distribution of Receivables representing the 5 states with the greatest aggregate original principal balance: State 1 CA - 20.0% CA - 21.3% State 2 TX- 13.3% TX- 13.4% State 3 VA - 4.3% IL - 4.2% State 4 IL - 4.3% VA - 4.1% State 5 NJ - 4.2% PA - 4.0% Distribution of Receivables by Contract Rate: (1) Less than 2.0% 47.5% 54.8% 2.0% - 3.99% 32.5% 28.3% 4.0% - 5.99% 12.2% 10.6% 6.0% - 7.99% 4.5% 3.6% 8.0% - 9.99% 1.8% 1.5% 10.0% - 11.99% 0.8% 0.6% 12.0% - 13.99% 0.3% 0.2% 14.0% - 15.99% 0.2% 0.2% 16.0% and greater 0.1% 0.1% ---------------- ---------------- Total 100.00% 100.00% ================ ================ Share of Original Assets: Percentage of Non-Toyota/Non-Lexus 0.0% 0.0% Percentage of 72+ Month Term 0.0% 0.0% Percentage of Used Vehicles 22.7% 21.8% TAOT 2014-A TAOT 2014-B TAOT 2014-C ---------------- ---------------- ---------------- 115,093 98,798 80,419 $1,845,073,346 $1,583,044,330 $1,321,305,071 $16,031 $16,023 $16,430 2.10% 2.09% 2.01% 61 61 61 757 756 758 620 620 620 886 884 886 CA - 22.6% CA - 26.3% CA- 23.3% TX- 13.4% TX- 12.9% TX- 13.3% IL - 4.6% IL - 4.4% IL - 4.7% PA - 4.3% PA - 4.0% PA - 4.3% NJ - 4.2% VA - 3.9% VA - 4.0% 58.7% 59.4% 62.2% 25.2% 24.8% 23.1% 10.2% 10.0% 9.4% 3.4% 3.3% 3.1% 1.4% 1.4% 1.3% 0.6% 0.6% 0.5% 0.2% 0.2% 0.2% 0.2% 0.2% 0.1% 0.1% 0.1% 0.1% ---------------- ---------------- ---------------- 100.00% 100.00% 100.00% ================ ================ ================ 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 21.4% 20.8% 20.5% * Abbreviated for presentation purposes (1) Percentages may not add to 100.00% due to rounding Source: Company Reports 38

TAOT Deal Performance As of October 15, 2014 Payment Date 0.40% 0.35% 0.30% 0.25% 0.20% 0.15% 0.10% 0.05% 0.00% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 TAOT 2010-A TAOT 2010-B TAOT 2010-C TAOT 2011-A TAOT 2011-B TAOT 2012-A TAOT 2012-B TAOT 2013-A TAOT 2013-B TAOT 2014-A TAOT 2014-B Moody's =========== ========= =============== Transaction Initial EL Updated EL =========== ========= =============== TAOT2010-A 1.25% 0.45%-0.70% =========== ========= =============== TAOT2010-B 1.25% 0.45%-0.70% =========== ========= =============== TAOT2010-C 1.15% 0.35%-0.60% =========== ========= =============== TAOT2011-A 1.15% 0.25% =========== ========= =============== TAOT2011-B 0.85% 0.25% =========== ========= =============== TAOT2012-A 0.70% 0.30% =========== ========= =============== TAOT2012-B 0.50% 0.30% =========== ========= =============== TAOT2013-A 0.50% 0.40% =========== ========= =============== TAOT2013-B 0.40% 0.40% =========== ========= =============== TAOT2014-A 0.40% 0.40% =========== ========= =============== TAOT2014-B 0.40% 0.40% =========== ========= =============== Sand P Final ======================= Initial EL Updated EL Actual CNL =========== =========== ========= 1.70%-1.90% 0.30%-0.35% 0.32% =========== =========== ========= 1.50%-1.70% 0.25%-0.30% 0.23% =========== =========== ========= 1.40%-1.60% 0.20%-0.25% 0.19% =========== =========== ========= 1.40%-1.60% 0.20%-0.25% 0.18% =========== =========== ========= 1.15%-1.35% 0.17%-0.20% =========== =========== 0.85%-1.00% 0.30%-0.35% =========== =========== 0.75%-0.90% 0.30%-0.35% =========== =========== 0.65%-0.80% 0.30%-0.35% =========== =========== 0.55%-0.70% 0.30%-0.35% =========== =========== 0.55%-0.70% 0.55%-0.70% =========== =========== 0.55%-0.70% 0.55%-0.70% =========== =========== ========= Source: Company Reports 39

[Toyota Financial Services Logo] 40