Toyota Widens Free Maintenance, Extends 0% Loan Offer
LOS ANGELES - Toyota Motor Corp. is extending no-interest loans and discount leases for another month on some U.S. models and expanding an offer of two years of free maintenance to hold onto sales gains after record recalls, Automotive News reported.
The incentives include zero-percent financing for as long as five years on 2010 Camry, Avalon, Corolla and Matrix cars; Highlander and RAV4 SUVs; and Tundra pickups. All consumers are now eligible for the service plan, not just repeat customers. The deals run until May 3.
“We're extending the two-year complimentary maintenance program, that proved to be very popular with existing Toyota owners in March, to all buyers in April,” Bob Carter, group vice president and general manager of Toyota brand sales, said today in a statement.
Toyota is trying to build on momentum in U.S. sales in March, when discount loans and leases helped the world's biggest automaker boost deliveries 41 percent after two monthly declines. The company has recalled more than 8 million vehicles to adjust brakes and fix flaws linked to sudden acceleration.
“Bargain hunters and Toyota loyalists” drove the sales gains, said James Bell, executive market analyst at pricing firm Kelley Blue Book in Irvine, California. “Once they get past those groups, it's getting tough to reach buyers who are looking at models from Ford, Subaru, all the others.”
Toyota initially announced incentives on March 2. Those offers expired yesterday, the same day U.S. Transportation Secretary Ray LaHood said the National Highway Traffic Safety Administration will seek to fine Toyota a record civil penalty of $16.4 million, the maximum allowed.
The automaker “knowingly hid a dangerous defect” related to accelerator pedals that can stick, LaHood said. Toyota said yesterday that it has moved to strengthen its “overall commitment to quality assurance.”
All standard service will be covered for two years under the new maintenance plan, Sona Iliffe-Moon, a spokeswoman, said in an e-mail. Customers also can choose a $3,000 rebate on Avalon rather than the loan, according to Toyota's Web site.
More Industry

Charger Network Growth Slows
Despite a projected increase in public EV chargers in 2026, charging infrastructure remains a top concern for consumers as the gap between the most and least EV-friendly places remains substantial.
Read More →
Lenders, Consumers Take on More Auto Loan Risk
September records loosened credit access the most in over a decade as buyers took advantage of the conditions to afford trading, though loan applications fell.
Read More →
Next-Gen Hybrids in Sight
Dealerships can expect to see revamped hybrids from Honda next year as the company rolls out a new system and model lineup.
Read More →
Gem State Stores Change Hands
A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.
Read More →
Charging In Motion
Honda has been researching wireless in-motion charging for electric vehicles since 2025, and new technology developments have put it a step closer to a final product.
Read More →
Twin Cities Stores Sell
Minnesota-based Walser Automotive Group made what it called the most significant acquisition in its history with a three-rooftop deal in Minneapolis.
Read More →
U.S. Auto Sales Still Below Prepandemic Levels
Mobility Global industry observers don’t expect the market to return to the higher volumes that became routine before Covid but to stay well below its potential.
Read More →
The Powertrain Shift
Electric-vehicle owners are backpedaling, according to new data, with product availability driving many to shift back to gas-powered engines.
Read More →
Achromatic Autos
The shades that dominate the U.S. car market don’t call attention to themselves, though grayscale may have plateaued after a 30-year upswing, research shows.
Read More →
Used-Vehicle Affordability Worsens
Listing prices in August defied seasonal trends, rising above $27,000 for the second time this year.
Read More →