EXHIBIT 23.1


                       CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the incorporation by reference in this Prospectus
constituting part of the Registration Statement on Form S-3 of our report dated
May 10, 2001 relating to the consolidated financial statements, which appears in
Toyota Motor Credit Corporation's transition report on Form 10-KT for the six
months ended March 31, 2001. We also consent to the reference to us under the
headings "Experts" in such Registration Statement.

PRICEWATERHOUSECOOPERS LLP

Los Angeles, California
March 27, 2002