Free Writing Prospectus
Filed Pursuant to Rule 433
Dated March 11, 2014
Registration Statement Nos. 333-188672-01 and 333-188672-03
**Pxd** Green Bond
$1.75bn Toyota Auto Receivables 2014-A Owner Trust ($1084.725mm Offered Notes)
Jt-Leads: Citi (struc), BofAML, MS
Co-Mgrs : BNP, Credit Agricole, JP Morgan, Mizuho
| | NOTE | OFFER | | | | | | | | |
| CLS | BAL(mm) | AMT(mm) | M/S&P | WAL | L.FINAL | BENCH | SPRD | YLD(%) | Cpn(%) | Px |
| A2 | 560.000 | 504.000 | Aaa/AAA | 1.00 | 8/15/2016 | EDSF | +13 | 0.411 | 0.41 | 99.99936 |
| A3 | 480.000 | 432.000 | Aaa/AAA | 2.06 | 12/15/2017 | ISWP | +15 | 0.680 | 0.67 | 99.98152 |
| A4 | 165.250 | 148.725 | Aaa/AAA | 3.17 | 6/17/2019 | ISWP | +22 | 1.187 | 1.18 | 99.98734 |
| TICKER: | TAOT 2014-A |
| REGISTRATION: | SEC Registered |
| EXPECTED RATINGS: | Moody's/S&P |
| PXG SPEED: | 1.3% ABS 5% Call |
| SETTLE: | 03/19/2014 |
| MIN DENOMS: | $1K x $1K |
| FIRST PAY: | 04/15/2014 |
| BILL & DELIVER: | Citi |
| MARKETING: | RED, FWP, Intex, Netroadshow |
| INTEX: | Deal name: TOYOT14A Password:4KXK |
| | www.netroadshow.com TAOT14A |
| CUSIPS: | A2 - 89231M AB1 |
| | A3 - 89231M AC9 |
| | A4 - 89231M AD7 |
--------------------------------------------------------------------------------
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-877-858-5407.
