Here’s how much Toyota’s vehicles will cost monthly through its new leasing program

Now that ‘Kinto’ has been officially launched, we finally have all the specifics
by Leandre Grecia | Jun 26, 2020
PHOTO: Toyota
CAR BRANDS IN THIS ARTICLE

Toyota Motor Philippines’ (TMP) sister company Toyota Financial Services Philippines (TFSPH) has now officially rolled out its new Kinto car leasing program. You may have read about it already when we reported its imminent arrival just a few weeks back.

As we’ve already mentioned in our previous story, the Vios 1.5 G, Rush 1.5 G, Fortuner 2.4 G, and Corolla Altis Hybrid will all be available through Kinto One via different terms and mileage options. But now that TFSPH has officially launched the program, we finally have a detailed breakdown of the pricing for each specific plan and each vehicle. Check out the tables below:

Toyota Vios 1.5 G AT

Mileage option

Monthly payment: 36-month term

Monthly payment: 48-month term

Light: 15,000km/year P31,081 P28,478
Standard: 20,000km/year P32,025 P29,629
Maximum: 30,000km/year P34,374 P31,629

Toyota Vios 1.5 G AT (White Pearl)

Mileage option

Monthly payment: 36-month term

Monthly payment: 48-month term

Light: 15,000km/year P31,481 P28,832
Standard: 20,000km/year P32,428 P29,986
Maximum: 30,000km/year P34,785 P31,992

Toyota Rush 1.5 G AT

Mileage option

Monthly payment: 36-month term

Monthly payment: 48-month term

Light: 15,000km/year P30,337 P28,555
Standard: 20,000km/year P31,358 P29,746
Maximum: 30,000km/year P33,382 P31,458

Toyota Fortuner 2.4 G AT (Diesel)

Mileage option

Monthly payment: 36-month term

Monthly payment: 48-month term

Light: 15,000km/year P44,074 P41,929
Standard: 20,000km/year P45,301 P43,284
Maximum: 30,000km/year P47,765 P45,310

Toyota Corolla Altis 1.8V HV

Mileage option

Monthly payment: 36-month term

Monthly payment: 48-month term

Light: 15,000km/year P44,701 P41,557
Standard: 20,000km/year P45,763 P42,565
Maximum: 30,000km/year P47,766 P44,358

Toyota Corolla Altis 1.8V HV (White Pearl)

Mileage option

Monthly payment: 36-month term

Monthly payment: 48-month term

Light: 15,000km/year P45,064 P41,888
Standard: 20,000km/year P46,129 P42,899
Maximum: 30,000km/year P48,135 P44,694

Customers must provide a security deposit equivalent to two monthly payments in order to acquire a vehicle. Other than that, however, there are no other payments necessary as these plans are already inclusive of periodic maintenance services, normal wear and tear parts replacements, annual comprehensive insurance renewals, and vehicle registration. Then, at the end of each term, the customer shall simply return the vehicle to TFSPH 

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“Kinto is a step closer to realizing Toyota’s vision of Mobility for All. We would like to provide as much flexibility as possible to customers based on their lifestyle and preferences,” said Toyota Financial Services Philippines president Atsushi Murakami. “We recognize that the next generation has a need for car usage, but not necessarily in the form of vehicle ownership. Kinto makes it easy for them.”

While a common practice in countries like the US, leasing is still new to the Philippine market. This should appeal to expats and foreigners who want a semi-permanent vehicle but don’t want the trouble of maintaining and selling a car when they go back to their home country.

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PHOTO: Toyota
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