How does it work?
Toyota Capital offers competitive rates in the market for any individual to own their desired pre-owned vehicle. 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 yourinstalment via various modes of payment
- Provide auto insurance and road tax renewal concurrently
Financing Terms
| Eligibility |
|
| Margin of finance | Maximum 90% financing, minimum loan amount applicable. |
| Tenure | Maximum 9 years, subject to age of car where maximum is 15 years at the end of contract. |
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 of 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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Pre-Owned Conventional Hire Purchase 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. -
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.
Still on the lookout for the perfect Pre-Owned Vehicle?
Explore now on Toyota TopMark Malaysia
THE TOYOTA CERTIFIED PRE-OWNED
Have peace of mind knowing that each Toyota Certified Pre-Owned Vehicle comes with up to a 2 Year warranty and is vetted through the highest standards to help safeguard you and your loved ones.
Visit here for more information!
OUR DEALERS
Look for a Toyota TopMark Malaysia dealer in your area!
|
Download Product Disclosure Sheet |
| Product Disclosure Sheet Hire Purchase | Download |
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