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.
Benefits
- 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
Financing Terms
| Eligibility |
Individuals age 18 years old and above Sole Proprietorships Partnerships Private Limited & Public Limited Companies |
| Margin of finance | Maximum 90% financing , minimum loan amount applies. |
| Tenure | 9 years |
Fee and charges
| Standard Fees | RM | Optional Fees (if applicable only) | RM |
|---|---|---|---|
| Stamp duty - without guarantor | 10 | Photography cost (used & new reconditioned) | 10 |
| Stamp duty - with guarantor | 30 | Settlement with other financier | 30 |
| Ownership, registration and handling charges | 50 | Inter-branch inspection | 50 |
| Photocopy charges | 10 | Transport charges for inspection | 10 |
| Handling charges for Used Vehicle Inspection | 100 | ||
| Handling Charges and stamping fee for Assignment application | 230 | ||
| After Sales Support Service Fees (if applicable only) | RM | Chargeback Expenses for Recovery (if applicable only) | RM |
| Document retrieval: within branch | 10 | Travelling charges to inspect/trace vehicle (distance based):-
|
10 20 30 40 50 |
| Document retrieval: offsite storage | 30 | Redelivery & disposal of repossessed vehicle | 120 |
| Photocopy of registration card | 10 | ||
| Photocopy of HP agreement | 10 | ||
| Road Tax renewal | 10 | ||
| Any Documents request to deliver via Normal Postage, Courier or Email | 10 | ||
| Consent Letter of JPJ for change on engine | 50 | ||
| Letter to JPJ & Custom for transfer vehicle from East to West Malaysia (vice versa) | 50 | ||
| Letter to JPJ for Duplicate Vehicle Registration Card | 50 | ||
| Letter to JPJ for Interchange of Registration Number | 50 | ||
| Ownership claim upon full settlement of account | 100 | ||
| Reminder and Statutory Notice send by Register Mail :-
|
3/pax 5pax 5/pax 5/pax 5/pax |
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Conventional HP FAQs
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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. -
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.
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Download Product Disclosure Sheet |
Product Disclosure Sheet Hire Purchase
Download
| Product Disclosure Sheet Hire Purchase | Download |