Toyota Finance Options Explained

23 September 2021

Buying a new or pre-owned Toyota means considering how you’re going to pay for your purchase. Your car is often the second-largest financial investment you’ll make (after your home), so the ability to access finance options may make that buy a little easier on the wallet. At Al-Futtaim Toyota, we understand just how much of a financial commitment buying a new or pre-owned Toyota is. So, we’ve put together a range of finance options that could mean you can afford more than you first thought.

We’re able to provide you with personalised finance contracts that can be specifically designed to match both your requirements and your budget, without overstretching your monthly finances. From affordable deposits to simple monthly payments, our finance options make buying and paying for your new Toyota easier.

Toyota Choices – a guaranteed buy-back option

The Toyota Choices program is a simple option where you buy your car on a loan and repay the total price (including interest and fees). It allows you to pay your car off in simple monthly instalments and gives you a little bit of long-term peace of mind. One of the concerns that many motorists have is if they’re going to get a fair deal when it comes to selling their car. At Al-Futtaim Toyota, we’ve taken that worry away by offering our Toyota Choices program, which is a finance option with a guaranteed future value clause. This means that we’ll buy your vehicle back at the end of your loan agreement at an agreed price, so you don’t need to worry about selling it privately.

With Toyota Choices, you have three options:

• Renew – Al-Futtaim Toyota will agree to pay you the minimum guaranteed value and settle your existing loan, so you can choose a new car. If there’s any money left over from your previous agreement, you can put that towards a deposit for your new loan.
• Retain – at the end of your finance agreement, you can keep the car by paying the final payment or let us rearrange financing of your final payment.
• Return – At the end of the agreement, you simply hand back the vehicle, meeting the fair wear and tear and agreed mileage conditions.

The Toyota Choices program means you pay lower monthly instalments for your hire-purchase deal. Islamic variants are available.

Leasing – the practical alternative to buying

More motorists are looking at leasing rather than buying outright. Once the sole preserve of business users, car leasing is now increasingly popular with drivers of all ages. Car leasing programs with Al-Futtaim Toyota mean that you can drive a brand-new Toyota Cross, Corolla Hybrid, or a spacious Toyota sedan, and when you’ve come to the end of your lease agreement, simply hand it back and upgrade to a new model.

You also don’t have to worry about the cost of servicing, because it’s all included in a single monthly payment. Your leasing package includes:

• Service and maintenance
• Comprehensive Insurance coverage and repair
• Annual registration management
• Fine and road toll administration
• Breakdown and recovery
• PAI (Passenger Accident Insurance)

Leasing is a hassle-free way to drive a brand-new car and manage your finances carefully, so you always know exactly how much you need to pay to keep your vehicle on the road.

If you want to know more about the finance options available at Al-Futtaim Toyota, contact us today and chat with one of our friendly team.