How does it work?
Toyota Capital offers competitive rates in the market for any individual to own their dream car. With flexible repayment terms, the process is simple to arrange and definitely wouldn't burn a hole in your pocket.
- Fast processing and approval
- Attractive and competitive rates
- Easy monthly contribution of your instalment via various modes of payment
- Provide auto insurance and road tax renewal concurrently
|Eligibility||Individuals age 18 years old and above
Private Limited & Public Limited Companies
|Margin of finance||Maximum 90% financing subject to minimum loan|
Conventional HP FAQs
What is Hire Purchase (HP)?
Hire Purchase means you can buy motor vehicles in which the purchaser (hirer) takes possession of the vehicle as soon as he has paid a minimum deposit of 10% and upon full payment of all the agreed number of fixed monthly instalments, the hirer automatically owns the vehicle. HP is governed by the Hire Purchase Act, 1967 (Amended 1991).
What is the prevailing rate now?
We offer attractive and competitive rates to our customers. To find out more, kindly Contact Us.
What is the margin of finance and term of tenure offered?
We offer a maximum of 90% financing for up to 9 years' tenure.
Explore our auto financing options & Services