Free Writing Prospectus
Filed Pursuant to Rule 433
Dated October 4, 2016
Registration Statement Nos. 333-205778 and 333-205778-04
$789.975MM Toyota Auto Receivables 2016-D Owner Trust (TAOT)
**NO GROW**
| | | |
| Joint Leads | : | JPMorgan (struc), Credit Agricole, Mizuho |
| Co-Managers | : | Fifth Third, ING, US Bancorp |
| CL | NOTE AMT(MM) | OFFER AMT(MM) | WAL | M/S | BENCH | PXG % | COUPON | $ |
| A-1 | *** RETAINED *** | | | | | | | |
| A-2a | 320.800 | 288.720 | 1.06 | Aaa/AAA | EDSF+ 10 | 1.070 | 1.060 | 99.99200 |
| A-2b | 111.200 | 100.080 | 1.06 | Aaa/AAA | 1ML + 13 | | | 100.0000 |
| A-3 | 334.000 | 300.600 | 2.18 | Aaa/AAA | IntS+ 18 | 1.239 | 1.230 | 99.98748 |
| A-4 | 111.750 | 100.575 | 3.30 | Aaa/AAA | IntS+ 30 | 1.433 | 1.420 | 99.97186 |
| B | ***RETAINED*** | | | | | | | |
| Ticker | : | TAOT 2016-D | Registration | : | SEC Registered |
| Rating Agencies | : | Moody's/S&P | ERISA Eligible | : | Yes |
| Pxg Speed | : | 1.30% ABS, 5% call | Expected Pxg | : | PXD |
| Min Denoms | : | $1K x $1K | Expected Settle | : | 10/12/16 |
| Bill & Deliver | : | J.P. Morgan | First Pay | : | 11/15/16 |
| | | | | | |
CUSIPs:
| A-2a | 89231L AB3 |
| A-2b | 89231L AC1 |
| A-3 | 89231L AD9 |
| A-4 | 89231L AE7 |
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 Web site 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 (866) 669-7629 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.
