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

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 

“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.