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

VEHICLE IDENTIFICATION NUMBER

CUSTOMER OR CO-BUYER NAME

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: Mail lease payoffs to:

Mailing Address Toyota Financial Services PO Box 5855 Carol Stream, IL 60197-5855

Mailing Address Toyota Financial Services PO Box 9490 Cedar Rapids, IA 52409-9490

Overnight Mail Address Toyota Financial Services Box 5855 5505 N. Cumberland Ave., Suite 307 Chicago, IL 60656

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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