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Toyota Reports All-Time Best-Ever Month for Certified Used Vehicle Sales

24 August 1999

Toyota Reports All-Time Best-Ever Month for Certified Used Vehicle Sales

    TORRANCE, Calif., Aug. 24 -- Toyota Motor Sales (TMS),
U.S.A., Inc., reported today the best-ever month in Toyota Certified Used
Vehicle sales history.  This marks the sixth-consecutive month that Toyota
Certified Used Vehicles have posted best-ever monthly sales and the second
time in three months that monthly sales have totaled more than 11,000 units.
    July sales of Toyota Certified Used Vehicles totaled 12,445, an increase
of nearly 1,000 units over the previous record set in May.  Calendar-year-to-
date sales total 70,081, up 135.1 percent compared to the same period last
year.
    "The early warning signs that the economy is beginning to moderate seems
to have had no impact on consumer confidence or used vehicle sales," said
Guillermo Hysaw, TMS corporate manager, used vehicle operations department.
"Our sales momentum continues to escalate.  Dealer confidence is also strong
and we are well-positioned for our seventh best-ever month."
    The Toyota Used Vehicle process, established in 1996, continues to provide
the best pre-owned warranty in the industry.  The warranty, from date of first
use, includes six-year, 100,000-mile powertrain coverage, as well as an
optional comprehensive 100,000-mile vehicle service agreement.  And, 24-hour
roadside assistance also is provided free of charge for one year.
    On June 15, 1999, Toyota enhanced its certified used program by adding
10,000 miles and one model year to the vehicles' eligibility.  All 1994-1999
Toyota models with less than 65,000 miles are now eligible for the program.
Prior to sale, each vehicle receives a rigorous 128-point inspection of all
mechanical and safety functions, as well as overall appearance considerations.

    The top ten Toyota Certified Used Vehicle dealers for July were:

    1.  Longo Toyota, El Monte, Calif.
    2.  Roseville Toyota, Roseville, Calif.
    3.  Hamer Toyota, Mission Hills, Calif.
    4.  Miller Toyota, Manassas, Va.
    5.  Carson Toyota, Carson, Calif.
    6.  Capitol Toyota, San Jose, Calif.
    7.  Toyota of Escondido, Inc., Escondido, Calif.
    8.  Toyota of North Hollywood, North Hollywood, Calif.
    9.  Westbury Toyota Limited, Westbury, N.Y.
    10. Amity Toyota Superstore, Amityville, N.Y.