Toyota’s $1,000 Rebate program for College grads now includes the c.
Wayne Gerdes -
CleanMPG - Aug 25, 2012
2012 Toyota Prius c -- An MSRP of $18,950 to start plus $760 D&H also provides its owners a 53/46 mpgUS city/highway rating.
3,065 is the number of Prius c’s sold last month and while not noteworthy by comparison to the number of F-series PU trucks (49,314 sold), at least the sales volume is reasonably stable.
Starting yesterday, Toyota is going to try and bolster that number a bit with a tempting offer to recent college graduates who want to take advantage of the company’s College Grad Rebate Program. The Prius c is the first hybrid to be included in the program allowing qualified college graduates a $1,000 rebate to toward the purchase of any new Prius c amongst others.
For more on the c, consider the Preview when it provided a measured all-highway round trip drive of 84.75 mpgUS.
CleanMPG Previews the 2012 Toyota Prius c - Simply throw out the EPA on this one folks.
Mike Groff, Toyota Financial Service Group VP of Sales, Product and Marketing:
Quote:
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“We hope this $1,000 rebate, which can be coupled with other incentives, helps make car ownership a little easier.”
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The Rules and Extras
Qualified college grads receiving the $1,000 rebate are also eligible for the College Graduate Finance Program which offers competitive APR/lease and special incentives including the following:
- No money down when financing and no monthly payments for the first 90 days on select finance programs on all new untitled Toyota vehicles
- Competitive APRs on all new untitled Toyota vehicles and Toyota Certified Used Vehicles
- Waived security deposit on lease
The College Rebate Program ends January 2, 2013 and is available to qualified customers who graduated within the last two years, or are about to graduate within the next six months.
You must meet the following conditions:
- Have graduated from an accredited four-year college, university, or registered nursing degree program during the last two years or graduate from such a school/program within the next six months, or
- Have graduated from an accredited two-year college during the last two years, or
- Be enrolled in an accredited graduate degree program or have received a degree from an accredited graduate program during the last two years, or
- Have graduated during the last two years from the two-year Toyota Technical Education Network (T-TEN) Program or any other two-year post secondary automotive program accredited by the NATEF, or
- Have completed an electrician apprenticeship/cert. program during the last two years through NJATC and IBEW.
- Have a job with proof of employment, or future employment with a start date within 120 days of your purchase contract date. TFS must deem your salary sufficient to cover living expenses and vehicle payments.
- Minor credit lapses allowed! Obligations paid within 60 days or less of the due date and non-credit related (e.g., rent, utilities, health club membership, etc.) charge-offs less than $1,000 in the past 24 months are acceptable.
- On approved credit through participating Toyota dealers and Toyota Financial Services.
The rules are actually quite generous. If you graduated and have a job, you can take advantage of the $1,000 “deal” off the price of a new c. While the stripper base would not be my choice, the c-2 for < $20K including D&H plus mats would not be bad choice for the first time buyer?
It is cute, efficient, and has enough utility to keep a recent college grad
settled for years to come. The interior does need some work however.
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