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Toyota Introduces New Finance Schemes For July 2020: Here Are All Details
Toyota Kirloskar Motors introduces new finance schemes for select models in the market. The new scheme includes Low monthly instalments, a guaranteed buy-back policy and a three-month moratorium.
The offer schemes vary depending on the model and the trim level and are valid for purchase made during July 2020. The company aims to offer ease of ownership to own Toyota models during the current times of cash crush due to the ongoing crisis.
Here are all details of Toyota's new finance schemes:
Assured
Buyback:
Toyota
is
offering
a
guaranteed
buyback
policy
of
up
to
55
per
cent
of
the
ex-showroom
value
on
the
Yaris
and
Glanza
models.
Customers
owning
wither
of
these
models
do
not
have
to
worry
about
depreciating
value
when
it's
time
to
sell
the
car.
After
the
BS6
update,
the
Yaris
and
the
Glanza
are
the
brand's
entry-level
sedan
and
hatchback
model,
respectively.
Low
EMI
Scheme:
Customers
looking
for
a
lower
initial
commitment
while
purchasing
a
new
vehicle
can
opt
for
this
scheme.
Under
the
scheme,
customers
can
avail
a
low
EMI
of
Rs
9,999
for
the
first
three
months
of
the
tenure.
The
remaining
amount
gets
adjusted
during
the
loan
tenure.
The
company
is
currently
offering
the
scheme
only
for
Toyota
Innova
Crysta
customers.
EMI
Moratorium:
Toyota
is
offering
a
three-month
moratorium
to
its
customers
for
purchases
made
during
this
month.
With
this
scheme,
customer
can
purchase
their
desired
car
now
and
start
paying
the
EMIs
for
it
after
three
months.
This
scheme
is
applicable
on
the
entire
Toyota's
India
line-up,
except
for
the
brand's
flagship
model,
the
Vellfire.
In related news, Toyota has made some changes to the Yaris vehicle listing. The company has removed a total of three variants and the rest has seen an increase in its pricing. The price hike ranges between Rs 1,000 and Rs 1.68 lakh. After the price hike, the Toyota Yaris now retails between Rs 8.86 lakh and Rs 14.30 lakh, ex-showroom (Delhi) — here are more details.
Thoughts About Toyota Introducing New Finance Schemes For July 2020
Toyota has introduced attractive finance scheme to help customers make a purchase decision during the current times of Covid-19 crisis. The company is further offering a purchase protection plan such as a three-month moratorium as well on select models. The new schemes also offer flexible repayment options as well.
