PETALING JAYA: Toyota Capital Malaysia Sdn Bhd has rolled out its new balloon car financing product, EZ Value Plan, which is designed to give customers a flexible and affordable way to buy a Toyota car.
The plan is based on a seven-year financing period and fixed-cum-affordable monthly payments followed by a balloon amount at the end of the loan tenure (84th month).
Toyota Capital Malaysia is a subsidiary of Toyota Financial Services Corporation, which offers various financing and leasing products for Toyota and Lexus cars.
“Our objective is to offer a financing option that aligns with the requirements of our customers," said Toyota Capital Malaysia president Thomas Chai.
EZ Value Plan provides customers with the freedom to enjoy a lower monthly commitment, as compared to a conventional nine-year hire-purchase loan.
At the end of the financing term, customers have the flexibility to either settle the loan or trade-in their vehicle for a newer model at any participating dealers.
The key benefits of EZ Value Plan are:
> Lower monthly payments: As a portion of the payment is deferred to the end, the monthly payments will be lower making the car more affordable throughout the loan tenure; and
> Flexible end-of-term options: At the end of the term, customers can choose to settle the balloon payment to own the car, or trade in their car for a new Toyota car.
Current models covered are Vios, Yaris and Corolla Cross. Customers can apply for the loan via all Toyota dealerships nationwide.
For more information about EZ Value Plan, go to www.toyotacapital.com.my/ez-value
