Toyota Financial Services Reviews

1.7 out of 5 stars
12 Reviews

From Borrowers in the last year


Application Process

3 out of 5 stars

Customer Service

2.5 out of 5 stars

1.5 5

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These reviews were written by current and former borrowers in the last year.

Nov 29, 2017
Unprofessional charlatans
Anonymous Borrower

Leased 2014 corrola.

Made all payments to June 2017 5 months later they had sent my details to Credit Collection company demanding $800+, despite car being returned to dealer in excellent condition and with 2,000 miles less than the 36,000 originally leased for. Toyota never informed me of any payment due, they simply sent it to a 3rd party now my credit rating has been hit. Do not believe anyone at Toyota, especially the finance people, they all just want your money without any return service.

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Sep 18, 2017
Never ending fees with a Toyota lease
Anonymous Borrower

Know that when you lease a Toyota you will be paying fees at the beginning of the lease, in the middle and at the end.  You may think you are done paying, but they will keep sending you fees for various, made-up charges.  I now have a Ford which doesn't charge bogus fees.  At least with a Ford I know what my monthly payments truly are.

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Jul 12, 2017
Inaccurate and merciless.
Zetta Borrower

Had a loan for 5 years. It ended back in 2014.

I start shopping for cars about a month ago and notice there is a single negative remark on my credit score from Toyota Financial in 2012 for "$0 Overdue".

I reach out to them and pull old bank statements from the date to show them I paid them on time.

They respond by saying that they believe their records are accurate and would not reverse the negative mark.

Even so, you'd think that with this mark being 5 years old they may have reversed it on good faith even if they found some fault. 

Now I need to submit to the credit companies directly.

I've been with Toyota for a long time, but now it's time to say goodbye.

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May 09, 2017
Credit never came!
Anonymous Borrower

We cancelled our gap insurance way back in January 2018.  It is now May 2017 and we have yet to see the credit in the account.  I have called Toyota Financials every 2 weeks for the last 4 months and everytime I called they say they have to go back to the gap insurance division and find out where the check went.  The gap insurance dept has acknowledged that the check has already been cashed but no one seems to be able to trace where it is and so no one can give us the credit.  In the meantime, us the consumer is that it is being looked at and should be reflected in the account in 7-10 days and 2 weeks pass, it is still not in our account and I get to call again and go through the same routine.  Been doing this for 4 months and still waiting.  There has to be something that can be done with this.

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Apr 28, 2017
Where is my title?!
Anonymous Borrower

It's been over a month now and still no title in hand. Multiple calls and each time they tell me "it was shipped yesterday". They are in Torrance California, I'm in San Francisco California... if they shipped it "yesterday" I would of had it in my hands in a few days! This is ridiculous. Every single time I call them no one knows what's going on. I'm always getting transferred to different departments, get placed on hold again then they tell me it was shipped yesterday, every single time. They are literally causing me financial problems because I need to sell my vehicle before I leave out of state. I cannot even purchase my plane ticket because I don't know when I'll get my title so I can sell my vehicle. 

I cannot believe such a huge company could be so disorganized. When I ask for a tracking number for my title they say they don't offer tracking. All the money I've spent and they cannot even pay a few bucks for tracking? That's my original vehicle title they are shipping! 

I've had a Nissan, a honda and an Audi prior to switching to Toyota. I have received my title from all three Nissan, Audi  and Honda within two to three weeks after payoff, I never even had to call them for it. Toyota, I have to jump through hoops and do tons of research only to still not get where I need to be because of their incompetence. This alone is the reason I'll never trust and buy from toyota as a whole ever again. First and last time. Ill stick all other companies from now on and skip out on all toyotas. 

Toyota, get your financial services department organized. When people don't know what department to send customers to or when the correct department does not have the answers then you're not organized. Even just one customer you lose is a huge loss to your company. Especially with how many people one person can reach in their entirety on social media.... with over 22 million followers on all my accounts I will be ranting on my social media pages in the coming weeks about my whole ordeal with this company.

- Smosh

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Apr 15, 2017
They stolen my money
l3arfee Borrower

They over charged me $300 , after calling for 6 month they gave me a check , and now the check was returned , and i got charged for another $12.
They are modern thiefs, will never buy toyota again.

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Mar 01, 2017
Anonymous Borrower

TFS is great and my Corolla is almost paid off and looking at getting a new car. 

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Mar 01, 2017
Anonymous Borrower

I used TFS for a lease of a Prius.  Following the lease, I puchased the vehicle but TFS continued debiting the lease payment.  I have been requesting a refund of the overpayment for nearly 6 months and getting absolutely nowhere.  At this point, they acknowledge the overpayment but need to do further research on why it happened before they can process a refund.  Hello????  It may be their business model to defraud customers with the expectation that it will never catch up with them?  I would never do business with this company again. 

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Feb 06, 2017
Terrible employees
Anonymous Borrower

Rude, disrespectful people that don't care about the people that pay their bills, they look for any way to screw you over.

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Feb 06, 2017
Lease that i later purchased
maxunhappy Borrower

I receIved a property tax bill a year after my lease was done and i now own the car. In Texas we do not pay property tax on the vehicles, but because it was a lease Toyota Financial was charged property tax. I contact their general customer service 5 times in a matter of 7 weeks and was told something differenct each time. I had already checked and found that I could complete a tax form and the county would wave the fees but because it was technically still owned by Toyota they would have to file to form. I was ready to take them the foirm.  It has now been 10 weeks, I have contacted the local Toyota dealer 3 times, and keep getting told someone will get back to me, but nothing has happened. THEY DON'T CARE ABOUT THE INDIVIDUAL, BIG COMPANY SO THERE IS ALWAYS SOMEONE WILLING TO USE THEIR SERVICES.

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