AUTHORIZATION FOR PAYOFF AND TITLE PROCESSING
AUTHORIZATION FOR PAYOFF AND TITLE PROCESSING
This form must be signed by the account holder and returned to Toyota Motor Credit Corporation ("TMCC")
for us to the release of the Certificate of Title and title transfer related documents. If the vehicle is leased, we
can only sell the vehicle to the lessee or a licensed automobile dealer. The title cannot be assigned to an
individual who is not a party to the original lease agreement or a subsequent assignment.
DATE
ACCOUNT NUMBER
CUSTOMER OR CO-BUYER NAME
VEHICLE IDENTIFICATION NUMBER
DAYTIME TELEPHONE NUMBER
I/we authorize TMCC or TQI Exchange, LLC* to, upon receipt of the Payoff Amount in good funds and
otherwise subject to the terms and conditions of my/our retail contract or lease agreement with TMCC/LFS/
TLT, send the Certificate of Title for the vehicle to:
If no name is indicated, the certificate of title will be mailed to the account holder/customer.
I/we agree that any facsimile transmission of this document stored by TFS/LFS in electronic or paper form shall
constitute an original for all purposes of this authorization.
Customer Signature:
Date:
Co-Buyer Signature:
Date:
For Electronic payoffs, please fax this form to (888) 879-9101.
For mailed payoffs, please return this completed form with your payoff check to the appropriate address below
Mail loan payoffs to:
Mailing Address
Toyota Financial Services
PO Box 5855
Carol Stream, IL 60197-5855
Overnight Mail Address
Toyota Financial Services
Box 5855
5505 N. Cumberland Ave., Suite 307
Chicago, IL 60656
Mail lease payoffs to:
Mailing Address
Toyota Financial Services
PO Box 9490
Cedar Rapids, IA 52409-9490
Overnight Mail Address
Toyota Financial Services
5005 N River Blvd NE
Cedar Rapids, IA 52411-6634
Please contact us at (800) 874-8822 if you have any questions.
* As part of a like-kind exchange program, TMCC has engaged TQI Exchange, LLC ("TQI") as a qualified intermediary. You are hereby notified that TMCC has
assigned to TQI its rights (but not its obligations) in the agreement for the sale of your leased vehicle.
Toyota Financial Services is a division of Toyota Motor Credit Corporation (TMCC).
TMCC is the authorized attorney-in-fact and servicer for Toyota Lease Trust.
3047 (08/11/16)
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