Toyota Financial Services (TFS) is a division of Toyota that provides financing and related services for customers purchasing Toyota vehicles. TFS is a global entity operating in many countries, including South Africa, where it offers tailored financial solutions for individuals and businesses.
1.Vehicle Finance Options:
• Instalment Finance: A traditional financing method where customers pay a fixed monthly instalment over an agreed period (e.g., 36, 48, or 60 months).
• Lease Financing: Allows customers to lease a vehicle for a specified term, with the option to purchase the vehicle at the end of the lease.
• Balloon Payment Financing: Offers lower monthly instalments by deferring a portion of the loan (the “balloon payment”) to the end of the term.
2. Guaranteed Future Value (GFV) Plans: Toyota’s Agility Finance program lets customers finance a vehicle with a guaranteed future value. At the end of the contract, customers can:
• Return the vehicle.
• Trade it in for a new Toyota.
• Settle or refinance the remaining balance.
3. Fleet Financing:
•Tailored finance options for businesses needing multiple vehicles for their operations.
4. Insurance Products:
• Comprehensive vehicle insurance.
• Credit life insurance (covers loan repayment in case of death, disability, or retrenchment).
• Tyre and rim protection, gap cover, and extended warranties.
5. Value-Added Services:
• Roadside assistance.
• Maintenance and service plans.
• Access to online tools for managing payments and contracts.
6. Refinancing and Upgrade Options:
• Assistance for customers who want to refinance their current loans or upgrade to a newer Toyota model.
Benefits of Using Toyota Financial Services:
• Flexible Financing Options: Customizable repayment terms to suit individual budgets.
• Brand Alignment: Exclusive deals and services tailored for Toyota vehicles.
• Competitive Rates: Often offers lower interest rates compared to other lenders.
• Customer Support: Dedicated support for payment adjustments, upgrades, or refinancing.
How to Apply for Toyota Financial Services:
- Visit a Toyota dealership or the Toyota Financial Services website.
- Choose the desired vehicle and financing option.
- Provide required documentation:
° Proof of income (e.g., payslips or bank statements).
° Proof of residence.
° A valid South African ID.
° Credit profile for evaluation.
4. Complete the application form and await approval.
Contact Toyota Financial Services South Africa:
• Website:toyota
• Customer Care: Check the website or visit a nearby dealership for the latest contact details.
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