Toyota Announces Payment Deferrals for Some


Toyota announced special payment deferrals to auto owners hit by the government shutdown.

The company's financing arm said it would allow customers employed by the government to defer up to three months of payments.

It applies to Toyota and Lexus customers who bought their vehicle with a loan through either Toyota Financial Services or Lexus Financial Services.

Toyota's announcement follows similar plans from Hyundai and Nissan.

Toyota's plan extends beyond government workers to include "businesses and employees of businesses directly affected by the shutdown, government contractors and suppliers."

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