EXHIBIT 15.2




August 14, 2003



Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

Commissioners:

We are aware that our report dated August 14, 2003 on our review of interim
financial information of Toyota Motor Credit Corporation (the "Company") as
of and for the period ended June 30, 2003 and included in the Company's
quarterly report on Form 10-Q for the quarter then ended is incorporated by
reference in the Prospectuses constituting part of the Registration
Statements on Form S-3 (Nos. 333-84692,333-103406 and 333-103406-01).

Yours very truly,



/S/ PRICEWATERHOUSECOOPERS LLP