BALLOON PAYMENT PLUS

 

PRODUCT FEATURES 

1. WHAT IS BALLOON PAYMENT PLUS?
   • Balloon Payment Plus is a new finance lease product from Toyota Financial Services. This product is designed to make Toyota experience AFFORDABLE with LOW MONTHLY PAYMENT, TOP QUALITY with built-in Periodic Maintenance and Value Chain services throughout the finance term, and with CONVENIENT end of loan term options.
      
2.  REASON TO CHOOSE BALLOON PAYMENT PLUS
   • Light Monthly Payments  – Enjoy Low monthly payment compare to regular financing 
   • Worry-free Maintenance – Inclusive of periodic maintenance throughout your loan tenure
   • Guaranteed Great Resale Value – Toyota guarantees the future value of your vehicle regardless of its actual depreciated value. It helps minimize customer risk from future depreciation of the vehicle
      
3. HOW IT WORKS?
   • STEP 1:  Down payment and Finance term
     •  Available with 20%, 25% or 30% down payment of the vehicle’s SRP
     • Choose your finance term for 24, 36, 48 or 60 months
   • STEP 2: Light monthly payment and Periodic Maintenance
     • Pay your light monthly payments
     • Visit your releasing dealer to avail of the periodic maintenance included in your loan
   • STEP 3: Guaranteed Great Resale Value Options
     • Option 1: Pay-Off the lump sum amount together with your monthly installment on your last due date
     • Option 2: Trade-in your vehicle and repurchase a new vehicle
           
        

       Participating Model	Toyota Vios
       Type of Financing	Leasing (Finance Lease)
       Down Payment	20% – 30 % of the vehicle price
       Terms	24 months	36 months	48 months	60 months
       Lump Sum Amount* (% of the vehicle price)	45%	40%	35%	30%
       Guaranteed Great Resale Value*	55%	50%	45%	40%
       Maximum Mileage Requirement (PMS)	20,000 km/year
       Monthly Payment Inclusion	Standard Periodic Maintenance Terms: Costs outside the regular PMS will be shouldered by the customer PMS beyond the mileage requirement will be paid by the customer
       Lump Sum Payment Options	Pay-off the lump sum amount Trade-in the vehicle and get the Guarenteed Great Resale Value to use as part of down payment for the next car

       Participating Model	Corolla Cross 1.8 V Hybrid
       Type of Financing	Leasing (Finance Lease)
       Down Payment	20% – 30 % of the vehicle price
       Terms	24 months	36 months	48 months	60 months
       Lump Sum Amount* (% of the vehicle price)	50%	37%	28%	25%
       Guaranteed Great Resale Value*	67%	54%	45%	42%
       Maximum Mileage Requirement (PMS)	20,000 km/year
       Monthly Payment Inclusion	Standard Periodic Maintenance Terms: Costs outside the regular PMS will be shouldered by the customer PMS beyond the mileage requirement will be paid by the customer
       Lump Sum Payment Options	Pay-off the lump sum amount Trade-in the vehicle and get the Guarenteed Great Resale Value to use as part of down payment for the next car

4. WHAT ARE THE PARTICIPATING MODELS?
   • Vios MC (All variants) and Corolla Cross Hybrid
5. WHAT ARE THE PARTICIPATING DEALERS?
   • All TCUV Dealers nationwide
6. HOW TO AVAIL?
   • For details on how to avail, you may inquire at your nearest TCUV dealer. Our TCUV personnel will be more than happy to guide you in the process.
      
7. WHAT ARE THE REQUIREMENTS?
   • Submit a completely filled-out application form
   • 1 valid government-issued ID and proof of income (Certificate of Employment, ITR, Business registration papers (for self-employed) etc.
      

REFERENCE

LIST OF TOYOTA CERTIFIED USED VEHICLE DEALERS