How does it work?
Terms and conditions apply.
A hassle-free monthly instalment scheme that differs from the conventional loans:



Example

*The table above is an illustration only.
Based on 90% loan of OTR Price without insurance on Vios 1.5E (AT), subject to the prevailing interest rate.
Benefits
- Lower monthly instalment for first 6 years
- Flexible option for Tier 2 category: continue repayment OR trade-in for a new Toyota
Financing Terms
Eligibility | Individuals age 18 years old and above only for Private registrations |
Margin of finance | Maximum 90% financing , minimum loan amount applies. |
Tenure | 9 years |
2-Tier Plan FAQs
- What is Toyota 2-Tier Plan?
Toyota 2-Tier Plan is our Hire Purchase plan where you enjoy lower monthly repayments in Tier 1 of the loan tenure for a new Toyota. - How long is the loan tenure?
Our Toyota 2-Tier plan is offered on a 9-year tenure for a new Toyota. - How long is Tier 1 of the tenure?
Of the 9-year tenure, Tier 1 is the first 6 years while Tier 2 is the last 3 years. - What is the key different between Toyota 2-Tier Plan and a conventional Hire Purchase plan?
Toyota 2-Tier Plan allows you to enjoy lower monthly repayments in the first 6 years of the loan term, while a conventional Hire Purchase plan requires you to pay the same monthly instalments throughout the loan term, for example: - Is the interest rate fixed or variable?
Toyota 2-Tier Plan is a fixed interest rate plan. - I am a first-time car buyer. Is Toyota 2-Tier Plan for me?
Definitely! First-time buyer or existing car owner regardless, Toyota 2-Tier Plan comes with low affordable monthly payments to get you started in owning a Toyota. - How much can I borrow?
The maximum loan is 90% of the vehicles's OTR price. There is a minimum loan amount set for each participating model financed. - Can I decide the repayment period in each Tier?
No, the period of each Tier is is pre-determined by Toyota Capital Malaysia. Tier 1 is the first 6 years and Tier 2 is the last 3 years of the 9-year tenure. - Is Toyota 2-Tier Plan applicable to all Toyota models?
No, Toyota 2-Tier Plan is not applicable to all Toyota models. We may include more models from time to time. For the current participating models, please contact our Auto-Finance Executives or register your interest now. - Can I opt for early settlement of the loan before my loan's expiry date?
Yes, you may settle your account early with us at any point of time. - Am I eligible for any rebate upon early settlement of my loan for Toyota 2-Tier Plan?
Yes, a rebate will be given upon early settlement. Kindly Contact us to find out the settlement amount (after rebate) when you are ready to settle. - Do I need to pay any administrative charges for taking this Toyota 2-Tier Plan?
Yes, minimal administrative fees will be levied. - Can I divide my financing into more tiers to fit my budget?
Yes, We also have a 3-Tier automotive financing plans for your consideration. Click here to explore the EZ Beli 3-Tier Automotive Financing Plan.
Explore our auto financing options & Services