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.