How does it work?

Toyota EZ Beli Plus is an upgrade of step up auto-financing plan from Toyota Capital by offering you an affordable and stable monthly instalment for the first 6 years compared to conventional hire purchase loans. The EZ Beli Plus is a 9-year loan divided into 3 tiers for your convenience.

Here's how this unique plan works:

Owning a Toyota has never been so easy

Here's how the EZ Beli Plus work for each Toyota car of your dreams:

Benefits

• Affordable and stable monthly instalment for the first 6 years
• Manageable higher instalment in Tier 2, and giving you time to plan and adjust finances ahead before next higher instalment in Tier 3
• Smart trade in point: Trade in for a new Toyota from year 7 onwards

Financing Terms

EZ Beli Plus FAQs

1. What is this Toyota EZ Beli Plus?
   This is a multi-tier auto-financing plan that allows you to enjoy lower and affordable monthly instalment for the first 6 years and gradually increase throughout the tenure.


2. How long is this loan tenure?
   Toyota EZ Beli Plus is offered on a 9-year tenure for a new Toyota. Of the 9-year tenure, Tier 1 is the first 1st to 6th year, Tier 2 is 7th to 8th year and Tier 3 is 9th year.


3. How much can I borrow?
   The maximum loan is 90% of the vehicle's On The Road price. Including Insurance & Road Tax.


4. What is the different between this plan compared to other hire purchase plan?
   Toyota EZ Beli Plus allows you to enjoy lower monthly repayments in the first 6 years of the loan term and subsequently increase moderately as your career move up. While a conventional Hire Purchase plan requires you to pay the same monthly instalments throughout the loan term.


5. Is EZ Beli Plus can pay more, save more?
   No, EZ Beli Plus unable to pay more instalment to save more interest as FlexiPlan.


6. I am attracted to your lower monthly payments in Tier 1. Will I be able to afford the higher payments in Tier 2 or Tier 3?
   No worries! The instalments in Tier 2 are affordable higher, with your career moving up, you'll be able to service the instalment. From year 7 onwards, you may choose to trade in the car for a new Toyota again.


7. After Tier 2 ended, if I cannot afford the higher repayments in Tier 3, what is my option?
   You may opt for early settlement of your car loan. Just trade in your vehicle for a new Toyota, and the trade in value can be used to offset the outstanding balance of your loan (Trade in value subject to car condition and market value).


8. What if I am not able to pay the higher final instalment in Tier 3, and do not want to trade in as well?
   We understand that the higher final payment at the end of the term can be challenging, and we want to provide you with options to help manage this while allowing you to keep your vehicle. We may be able to assist you through our Repayment Assistance Program (RAP). One of the solution under RAP might be loan restructuring. We hope to find the best possible outcome for your financial situation. Please approach us whenever you face financial difficulties along your loan service with us.


9. I just started my 1st job 2 weeks ago, am I eligible for this car financing package?
   The beauty of this Financing Package is that you can apply for this even if you just started to work, all you need is to provide photocopy of letter of employment, Diploma/ University Certificate, MyKad and Driving License.


10. Can I pay more in Tier 1 & 2 instalment and what will happen to my loan if I pay more?
    Yes, you can pay more the instalment. The additional payment is treated as advance payment.


11. Do I get interest rebates from my advance payment?
    You'll still get to enjoy the rebate once you settle your loan at the end of Tier 2!


12. Are government employees eligible for this plan?
    Yes! In fact, we have a special campaign for Government Employees called Jom Drive. Click here for more information.

Toyota EZ Beli Plan

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