Toyota 2-Tier Plan – Grab your favorite Toyota car on Easy Installments

Kuala Lumpur: Toyota Malaysia has made it easy to own a Toyota car now. The Japanese company has announced a hassle free monthly installment scheme for the Malay customers who are unable to buy their favorite Toyota through conventional loans. The new Toyota 2-Tier Plan is a 9-year loan scheme, which is divided into 2 tiers for the convenience of the customers. The Tier 1 of this unconventional loan plan refers to the first 6 years where the customers would have to pay low installments. While jumping into the Tier 2 category, the customer would be given an option of repayment of the rest of the amount in the remaining 3 years or they can opt to trade-in for a brand new Toyota drive. The motive for introducing this stress-free payment option is to make the purchase more feasible for the prospective customers and ultimately bring a boost in the local sales.  

While reading this news, you might have started calculating the loan amount of the Toyota car, which you willing to own for long but, wait! Toyota has restricted this scheme for 6 of its models – Hilux, Rush, Altis, Prius C, Vios and Avanza. Toyota Malaysia has also clarified that the Toyota flexible loan scheme is applicable only in the Sarawak, Sabah and Peninsular Malaysia for the 5 drives except for Toyota Hilux and that the same scheme is restricted to Sarawak and Sabah regions for Hilux pick-up. According to auto critics, the Japanese auto company is using this scheme to encourage the customers and increase the booking numbers of these cars with fresh faces. Among these, Toyota Avanza was launched in October 2015 at RM 68,000 and has been topping the list of MPVs in Malaysia since then.

Talking more about the newly introduced Toyota 2-Tier Plan, an authority from Toyota Malaysia mentioned that the EMI starts from as low as RM 738, which depends on the car which the customer wishes to purchase. Also, this is a limited period offer which ends on 31st March 2016 so the prospective customers, if fall under the provisions, can visit the dealerships and grab the most out of it. To assist the customers, Toyota has set up finance teams, which are ready to assist the customers with any loan related queries. So, if you are 18 years or more in age and want to grab a loan for a maximum tenure of 9 years with up to 90% financing, here's your chance to become a proud owner of a brand new Toyota car!

Also Read: UMW Toyota to Launch Toyota Hilux in Q2