Toyota has recently announced that people who are affected by ongoing natural disasters which include Hurricane Laura, the Midwest derecho, and the California wildfires can receive payment relief on a vehicle they are currently paying off or leasing. As of earlier this week, the California wildfires had displaced nearly 200,000 people, and all three natural disasters have left over a million without electricity.
“The payment relief is for any customer with loans or leases in effect from Toyota Financial Services or Lexus Financial Services”
The support can come in the form of extending or deferring payments, redirecting billing statements, and arranging phone or online payments. The Japanese automaker said that customers should contact their original lender to arrange for accommodation. Toyota previously offered a payment relief program during natural disasters in 2016 and 2018.