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If you’ve graduated within the last two calendar years or will within the next six months you may qualify for rebates or competitive APRs and lease terms on a new Lexus.1
Get a $10001 reward when you purchase or lease a new Lexus.
Now get to work! On your credit application you will need to show proof of present or future employment, starting within 120 days of your contract date. You should also know that we will determine if your income will be enough to cover vehicle payments in addition to your living expenses.
The applicant or co-applicant must meet all of the college graduate program qualifications.
Find out if you’re prequalified in just a few steps.
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[1] Must provide proof of qualification via an ID.me account and complete the verification process at a participating Lexus dealer. College Graduate Reward is available on all new and unlicensed Lexus vehicles, including unlicensed dealer demonstrators with 20,000 miles or less only. (L/Certified vehicles are not eligible for the Reward Program). College Graduate Finance Program (which is not a rebate/reward and instead offers competitive APRs and lease terms) is valid on the lease or finance of new, untitled Lexus or L/Certified vehicles. Subject to the foregoing limits and requirements below, The College Graduate Reward Program and College Graduate Finance Program are available upon credit approval from and execution of a finance or lease contract through a participating Lexus dealer and Lexus Financial Services (LFS). Not all applicants will qualify. To qualify for the College Graduate Reward Program and College Graduate Finance Program, customers must be currently enrolled in a graduate degree program from an eligible school (as defined below), or enrolled in or be a graduate from an eligible school and provide proof of graduation (showing an upcoming graduation within six months OR a recent graduation within two calendar years from the date of signing your vehicle lease or finance contract) from one of the following eligible schools located in the 50 United States, Puerto Rico, or U.S. Virgin Islands: (a) an accredited four-year college, university or registered nursing program; OR (b) an accredited two-year college associate degree or an undergraduate academic degree as awarded by community colleges, junior colleges, technical colleges and universities; OR (c) an accredited two-year trade or vocational school; OR (d) an accredited graduate school. In all cases, the student will have two calendar years from receipt of their degree to take advantage of the program. Must provide proof of qualification and any one of the following documents will be accepted: (a) copy of diploma; OR (b) letter from the college/university/trade school registrar’s office stating graduation date and type of degree or certification earned; OR (c) copy of the final transcript confirming graduation date and type of degree earned; OR (d) copy of current transcript (or letter from college/university registrar’s office) confirming current enrollment in a graduate degree program. Eligible customers must also meet credit approval requirements and furnish proof of present or future employment (which will begin within 120 days of credit approval) when submitting credit application. Reward offered by Toyota Motor North America. Reward will be applied on LFS lease agreements toward the amount due at lease signing or delivery or capitalized cost reduction or the down payment on LFS finance contracts. Limit one reward per lease or finance transaction. College Graduate Reward Program may not be combined with the Lexus Military Reward Program. Reward valid on contracts executed between 06-01-2023 and 07-05-2023. College Graduate Programs are subject to change or termination at any time. Some restrictions apply. Programs may not be available in all states. Under the College Graduate Finance Program, competitive APRs and lease terms are available on eligible finance contracts with terms up to specified number of months for retail and lease and preferred option financing on new vehicles. Reward is compatible with the special APR program up to specified number of months. See dealer for details. Must pay sales tax. Void where prohibited by law. Reward not redeemable for cash. LFS is a service mark of Toyota Motor Credit Corporation (TMCC). Retail installment accounts may be owned by TMCC or its securitization affiliates and lease accounts may be owned by Toyota Lease Trust (TLT) or its securitization affiliates. TMCC is the servicer for accounts owned by TMCC, TLT, and their securitization affiliate.
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