Toyota Capital Malaysia Sdn. Bhd. (TCAPM) has launched its new balloon car financing product, EZ Value Plan, offering customers a flexible and affordable way to purchase their Toyota vehicle. This 7-year financing plan features fixed monthly payments with a balloon amount due at the end of the loan term (84th month). TCAPM is a subsidiary of Toyota Financial Services Corporation (TFSC), specializing in financing and leasing products for Toyota and Lexus cars.
“With the introduction of our EZ Value Plan, we are enhancing the affordability of Toyota car ownership and providing our customers with a range of flexible ownership options.” said Thomas Chai, President of Toyota Capital Malaysia. “Our objective is to offer a financing option that aligns with the requirements of our customers. EZ Value Plan provides customers with the freedom to enjoy a lower monthly commitment, as compared to a conventional 9 years hire-purchase loan. At the end of the financing term, customers have the flexibility to either settle the loan or trade-in their vehicle for a newer model at any participating dealers. “added Thomas Chai.
The key benefits of EZ Value Plan include:
•Lower Monthly Payments: As a portion of the payment is deferred to the end, the monthly payments will be lower making the car more affordable throughout the loan tenure.
•Flexible End-of-Term Options: At the end of the term, customers can choose to settle the balloon payment to own the car, or trade in their car for a new Toyota car.
EZ Value Plan is currently now available for application. The current models covered are Vios, Yaris, and Corolla Cross. Customers can easily apply for the loan via all Toyota dealer outlets nationwide. For more information about EZ Value Plan, visit https://www.toyotacapital.com.my/ez-value .