This is the 3148th most frequent Spanish word.
toyota
"Toyota" is not a Spanish word; it is a Japanese brand of automobiles.
In this sentence, 'Toyota' is used as a noun and is a proper noun referring to the specific brand of an automobile.
Compramos un Toyota nuevo el mes pasado.
We bought a new Toyota last month.
Here, 'Toyota' also acts as a proper noun but is specifically used to mention a vehicle of that brand, indicating a particular class of objects.
El Toyota que vimos en el concesionario era rojo.
The Toyota we saw at the dealership was red.
In this context, 'Toyota' refers to the company as an entity, emphasizing its capacity for production and reputation.