Do You Qualify for the Toyota College Grad Rebate?

July 24th, 2015 by

Toyota College Grad Rebate WarrentonIf you are in college or a current graduate, then you have probably heard about the Toyota College Grad Rebate, also known as the Toyota College Graduate Finance Program. Toyota created this program to reward graduates for their hard work and make it easier to buy a car when they are first entering the real world. Most recent graduates will qualify, but you should double-check that you can take advantage of this rebate.

Educational Requirements

The educational requirements of the graduate rebate are essentially to have either graduated within the last two years or be doing so within six months. This graduation can be from an accredited two-year vocational or trade school; an accredited two-year junior college, college, technical college, or university; or an accredited four-year registered nursing degree program, college, or university. You can also meet the educational requirements if you are currently enrolled in an accredited program to earn your graduate degree or have graduated from one within the past two years.

Other Requirements

In addition to the educational requirements, you will also need to pass the credit application. This includes showing proof that you are currently employed or that you will be starting a job within 120 days following the date on your purchase contract. The financial team will use the information provided to make sure that your income allows you to make your vehicle payments and afford the cost of living.

To apply for the Toyota graduate rebate or learn about the benefits associated with it, talk to the team at Warrenton Toyota in Warrenton, Virginia.