Toyota Financial Services Reviews

After calling TFS 4x I was able to speak to 3 different reps and all 3 confirm the same amount of the pay-off balance and it will take 2 to 5 business day to complete the transaction. I made the payoff same day the fund was withdrawn by TFS before midnight according to my bank. The following day I checked and noticed that I was charged for 2 days of interest for something that was paid in full he previous day. I called TFS and was informed that the interest for the car to be paid in full. Asked the rep if the interest for day 1 I purchase it or after the payoff I inform the rep that the funds was drawn by TFS before midnight, so it is paid in full. And told him charging 2 day of interest after it's paid in full is ridiculous. THis conversation takes 23 mins before he agreed to cancel the extra interest.

Me giving them one star is generous. Wish I could give them none. Where do I start? Customer service is a joke. I was always calling to change my payment date from the 5th to the 15th because I always pay rent on the 1st. The reps would always tell me “okay miss Patricia a change has been updated on your contract”. NEVER WAS IT MADE!!! I was always scheduling payments. It would go from “pending” to “approved” to week later saying “insufficient funds”. I started noticing the funds were never being taken out. THEN this is what I really noticed. It was when I had paid off their loan and I had the remaining balance of just the vehicle the funds were really not being taken out.

This survey is for Toyota Financial Services- .My payment suddenly changed 11 month into the contract 62.75 per month through the automated system. I called in on the 12th of December. Talked to a agent who after about 30 minutes of looking at my account transferred me to Rafael (manager) - ** who told me that they had made a mistake and that the tax added to my account would be adjusted and removed due to the contract I signed.

Toyota Financial Services didn't do everything wrong. That's why they get two stars. But they have two accounts in my name due to errors of their own making. This lead to me being stuck on the phone with customer service when I was trying to pay the first bill. None of this is the end of the world. But it was obnoxious to experience.

Round Rock Toyota Review: I’m 70, and I’m sharing this so other people — especially seniors — don’t end up in the same situation. I brought $22,000 in down payment/trade equity on a 2025 Camry with an MSRP around $28,000. But Toyota Financial Services later showed I was somehow financed at $48,000. I had another Toyota dealership look at my paperwork, and they immediately said the numbers looked “stacked.” That was the moment I realized this wasn’t just a simple misunderstanding — the structure of the deal didn’t match what I was told in the finance office. No one — especially an older buyer — should walk in with that much cash and walk out with this kind of imbalance. I’m posting this to help protect others. Please slow down, read every figure, and don’t assume the contract matches the conversation. If this helps even one person avoid what I went through, it’s worth posting.

I will forever say this: go with a credit union. Toyota Financial is worse than B of A. They have messed up multiple payments and even messed up their own deferred payment offer. Their customer service is atrocious. It’s like they don’t care to help. In an economy like this, their business won’t last much longer. When we can excise you like the tumor you are, it’ll be goodbye forever Toyota financial and Toyota vehicles. Let’s go Honda!

No ACH payment attempts were ever sent by Toyota.

On Nov. 20, 2025, I called Toyota Financial Services to explore my options of terminating my lease early. The first rep. asked the usual questions; my name, lease contract number, year and model of car, etc. only to inform me that she’ll transfer me to right department. Well after getting transferred to a 6th department, Andrew, “ID ** of Voluntary Surrender Dept.” instructed me to “bring the car to the dealer (Toyota of Carlsbad, CA) then call him back.”

All Financial institutions requires proof of insurance from time to time but the way TFS handles is is nothing short of harassment. To get another 4 messages consecutively within minutes AFTER SENDING the relative document, is NOT ACCEPTABLE. THERE SHOULD BE A LAW AGAINST THIS!!! I will never finance through them again. This is the 3rd time I have encountered this irritating behavior. They claim to have tried to contact me which is a diabolical lie and then continue to harass me. I have not come across this behavior in any other financial provider.

Aside from counting down the days til my lease ended because of how much I hated the Rav 4. After my lease being paid off at trade in, Toyota still charged me for my monthly payment. Probably hoping I would notice. Toyota sucks

I do not recommend going through Toyota Financial Services. Make a payment and they refuse to write a letter for a minimum of 30 days. The letter is the last thing is needed for a mortgage company and by the time the letter is wrote and mailed to me, I will lose out on a house. Also calling them isn’t easy, they constantly hang the phone up on you.

I’ve had 2 loans with TFS & I could have never imagined the traumatic discoveries I’ve made recently. It’s a lot, so I will try to summarize. To start, I recently discovered blatant forgeries on the contract copy they provided me and there were alterations made every copy they sent to me throughout last year. They acknowledged the alterations on recorded calls and blamed the dealership, which I doubt is true. Towards the end of my last loan, they nearly doubled my final payment with zero explanation and despite the many calls for hours with them going over every single detail of my account and it being paid off and overpaid on early, they demanded I pay or my car be repossessed. They and the dealership led me on for a couple months that it wasn’t that serious and upper management would be in touch with me, which never happened. They reported me late for 3 months!

Unfortunately, my experience with Toyota Financial Services has been extremely disappointing. Our vehicle was declared a total loss, and throughout the entire process, we received no communication or updates from Toyota Financial. I had to keep calling them myself to get any information. The website shows outdated and inconsistent data — every time I called, I was told a different amount than what I saw online.

If I can give a zero I would. They kept calling me 8 to 9 a day. Even called my job while on the floor working after I told them I can not accept calls while on the floor. She called on dept telling him about me, then he came to me about what she said. They cut my hours due to them calling even when payment not due. Now hours cut I can't afford to pay on time due to this. Now my car gone. The rep said rudely, "I can't lose my job over this." Said, "Well you made me almost lose my job too." I'm a senior citizen trying make it. Now there going to make it harder for me to get another car. I'm surprised they're still in business working on commission. Never ever deal with them again. Have a co worker there doing him the same way too. Worst place to finance a car you will lose it.

I attempted to register my car in New York and needed title and permission from TFS. A fax was sent by the DMV to TFS but never received confirmation. Then I discovered TFS had received the fax, but FedExed the title without the permission letter as requested, which makes absolutely no sense. I was never informed that was done. After eight phone calls and conversations, I finally got TFS to send a permission letter to the NY DMV. Of course, it sent the wrong letter TWICE. Finally, I had to make the person at TFS stay on the line until the new letter was received, and even that one was not what the DMV had asked for although DMV accepted. This is outrageous, considering I have been a Toyota owner for over 40 years. As soon as possible, I will find another place to refinance my car. Never again with Toyota Financial Services.

Bad, bad, bad. There was a financial issue. Have it a financial issue and am struggling to make payments. A deferment is offered for a $430 fee. It is difficult to get a live rep on the line and each time.

I can’t stand it. The customer service. I had surgery, nobody wants to help me. It’s overwhelming. My autopay keeps getting turns off. It’s like I love the car but it’s just a big hassle and they harass you after they the ones who disconnect your bank.

I do not recommend financing a car through Toyota. After completing my 72-month contract, they still claimed I owed money and refused to negotiate or work with me despite my financial difficulties. Instead of offering solutions, they only demanded full payment and showed no willingness to help. The representatives who called me back were rude and unprofessional. This was my first car purchase, and I will never buy from Toyota again. They take advantage of customers and make the process extremely stressful. Please think twice before financing with Toyota Financial Services — they will rip you off and show no understanding of your situation.

Toyota Financial Services is the worst company so far I have dealt with in the United States of America. I am warning potential customers to be aware of them, They are disingenuous, as a customer they took gross advantage of me, by exploiting me, they defrauded me and fleeced me out of hundred of Dollars and on top of that they ruin my credit.

Never again I take a loan from this company. Charged me twice for my last payment but they claimed I didn’t pay twice. It says clearly on Toyota financial account I paid twice. Also my bank confirmed they took money twice from my checking account but Toyota financial says they cannot see that I paid. Are they blind? They are claiming now I still owe them money even though my account is closed and I received Already title but somehow they can’t figure out and see my payments made from my direct bank account. I called them couple times already. Seems like nobody knows what’s going on. Nobody can fix any problem.

I have a 2024 Highlander financed through this company at 5.75% APR. My vehicle was totaled. Total due today is $15,101. But if I want to pay off, which I have to do now, the amount is $15,199. You pay full interest plus a fine for paying off early. I have purchased a new vehicle using Honda Finance. If I decide to pay off early, Honda won't charge me the remainder of the interest. Also, it doesn't have any early termination fee! I have learned that Toyota is a parasite. Never buying their vehicles or using their Financial (by the way, the vehicle failed to deploy airbags despire severe front end damage. Bodyshop tech says they might be defective).

The worse. Prior to Covid they had options of calling and paying 24/7. Now not only do they exploit outside staff outside the U.S. in the billing department, but there is no one to talk to on the weekends. I had proof I was in the hospital as well for two months which is why I missed my payments starting this year but despite me paying they still repoed my car. I paid $100 towards the repossession office and in addition it takes one day for them to process the documents of release on both parties — Toyotas and the repo office so although I paid my fee I ended up paying $20 paying the repo office a total of $120 instead of $100 because they could not release the vehicle the same day. Then they were both blaming each other on how they process this.

Do not misconstrue my message, I love my Toyota car. It’s my fourth lease, the issues in the past but more so after this last call is about Toyota Financial Customer Service. These people are not experienced or versed to help you. I don’t usually demean anyone that’s in Customer Service or that is trying to help me but they do not know what they’re doing. They read from some kind of script like a robot and I had a gentleman first phone call. Tell me he’s putting me in collections and I already had paid my lease so obviously there’s some glitch with my bank, etc. The money is taken out it showed Toyota Finance got their money so he said we will put you in collections legally you can’t put anybody in collections to your 30 days past due, but I’m not worried about it because I hung up on him.

This isn’t even the full story of what I went through, just what I can manage to explain without writing a book. I was already under a tremendous amount of stress in my personal life. My hair was literally coming out from everything I was dealing with, and this situation with Toyota Financial only made things worse. It was a nightmare.

A nightmare. I have had a lease with Toyota for four months and I've spent at least two hours on the phone with them each month. They've lost checks. I've sent them in the mail and failed to notate payments I've made to my account, and as a result, my credit has dropped by 99 points because they have wrongfully reported that I have failed to make payments when I have made payments on time all along. Cannot trust them to keep the money you sent them organized. You have to babysit/double check/follow up on any move you make to make sure it's done correctly. I wish I did not have a lease with them.

I bought a Toyota Camry 2022 for 22 thousand with a 3 thousand down payment of 12.42% interest. 520$ is my monthly payment. I was 8 months ahead on this, and asked if they could put those 8 months towards my principle. They said they would, but ended up making a TFS error and returned all of that to me. They told me it would take 7-10 business days, and here I am 13 days later with my bank claiming nothing is being processed and now Toyota customer service claiming the 5000 is in my Toyota account.

We recently purchased our leased car and dealing with Toyota Financial has been our worst nightmare. It took 4 phone calls and finally a manager’s intervention to get a simple receipt for our transaction. Then, the title was issued incorrectly and that took 2 lengthy visits to the DMV and multiple phone calls to resolve. Worst of all, Toyota lied to us about why the title was issued incorrectly. I would never, never deal with them again.

It has been 7 months that DMV/I am requesting a paper title copy from them to get my vehicle registered but despite repeated calls no Joy. Can’t drive my car and paying them money every month as it is not registered. Also, on every call after lengthy wait and discussion their agent tells that there is no solution as all their departments are isolated and there is no email address to communicate with them. After desperation once I asked them that I want to come out of this lease, take money and buy the car yourself they replied that till it is not registered we will not buy it, basically blackmailers, they rip you with your money and don’t provide any service, PLEASE AVOID THEM.

This has been the worst experience ever! As a result of this I will never buy another Toyota. Love the cars but this experience has soured me on toyota. Tried to pay off my loan. They took multiple payoffs. Now dealing with my bank to recoup my own money over 10000 in the whole because of them. If dealership tries to offer Toyota Financial cancel the purchase immediately. Worst company ever.

On May 30 I made a payment to TFS. Not only did they take out the payment They took out 3 payments. When I called TFS they said it's a glitch in the system. Now 10 day later and 255 in fees I'm still dealing with it. And of you call TFS you get a call center in India and they can't understand anything. Absolutely appalling. Toyota needs to do better.