Exhibit 31.2
                           CERTIFICATION

I, John F. Stillo, certify that:

1.  I have reviewed this quarterly report on Form 10-Q of Toyota
Motor Credit Corporation;

2.  Based on my knowledge, this report does not contain any
untrue statement of a material fact or omit to state a material
fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading
with respect to the period covered by this report;

3.  Based on my knowledge, the financial statements, and other
financial information included in this report, fairly present in
all material respects the financial condition, results of operations
and cash flows of the registrant as of, and for, the periods presented
in this report;

4.  The registrant's other certifying officers and I are responsible
for establishing and maintaining disclosure controls and procedures
(as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the
registrant and we have:

      a) Designed such disclosure controls and procedures, or caused
         such disclosure controls and procedures to be designed under
         our supervision, to ensure that material information relating
         to the registrant, including its consolidated subsidiaries,
         is made known to us by others within those entities,
         particularly during the period in which this report is being
         prepared;

      b) Evaluated the effectiveness of the registrant's disclosure
         controls and procedures and presented in this report our
         conclusions about the effectiveness of the disclosure controls
         and procedures, as of the end of the period covered by this
         report based on such evaluation; and

      c) Disclosed in this report any change in the registrant's
         internal control over financial reporting that occurred during
         the registrant's most recent fiscal quarter (the registrant's
         fourth fiscal quarter in the case of an annual report) that
         has materially affected, or is reasonable likely to materially
         affect, the registrant's internal control over financial
         reporting; and

5.  The registrant's other certifying officers and I have disclosed,
based on our most recent evaluation of internal control over financial
reporting, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent
functions):

      a) All significant deficiencies and material weaknesses in
         the design or operation of internal control over financial
         reporting which are reasonably likely to adversely affect the
         registrant's ability to record, process, summarize and report
         financial information; and

      b) Any fraud, whether or not material, that involves management or
         other employees who have a significant role in the registrant's
         internal control over financial reporting.

Date: August 14, 2003
                                               By    /s/ JOHN F. STILLO
                                               ------------------------
                                                    John F. Stillo
                                                  Vice President and
                                                Chief Financial Officer