Mazda Turns to Toyota for Captive Financing
Toyota Motor Credit will offer loans, leases, and F&I products to Mazda’s U.S. dealers and customers, replacing the JPMorgan Chase-backed Mazda Capital Services as the factory’s captive finance company.
Toyota Motor Credit will offer loans, leases, and F&I products to Mazda’s U.S. dealers and customers, replacing the JPMorgan Chase-backed Mazda Capital Services as the factory’s captive finance company.
ATLANTA — Toyota Financial Services (TFS) saw a 17% rise in conversion rates during a 16-week trial of Manheim’s Enhanced Vehicle Imaging. The results of the trial were documented in a recent case study released by both organizations. TFS formed a partnership with Manheim to implement the EVI technology. The company was looking for a ... Read More »
TORRANCE, Calif. — Toyota Financial Services (TFS)recently celebrated its one-millionth econtract. The captive first introduced its electronic contract system in January 2013, enabling Toyota dealers to transmit contract packages electronically. “We saw an opportunity,” said TFS President and CEO Mike Groff. “The benefits of implementing an econtracting program were very clear from the start. With ... Read More »
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