Good news in these trying times with Toyota’s 100 percent financing scheme for Malaysians age 18 to 65, This financing scheme is enable by a collaboration between UMW Toyota Motor and Bank Rakyat. This promotion entitled BR Malaysia 2.0 is valid from now until 30 September.
The Toyota-Bank Rakyet financing scheme is offered in two options: a 90 percent financing scheme called An-Naqlu 1 and a 100 percent scheme, An-Naqlu 2. Both schemes are meant to target fresh graduates and senior citizens, when buying a Toyota or Lexus. Either scheme allows hire purchasers to serve a four-year up to 8-year hire purchase tenure. Better yet, the 100 percent scheme doesn’t require any deposit or zero downpayment when purchasing a Toyota or Lexus.
New Graduate Scheme
With the 100 percent financing scheme, graduates aged from 20 until 30 do not have to pay any money down for car purchases. There are terms and conditions, of course, all applicants must hold at least a diploma and are currently receiving paychecks for more than three months or in employment for at least six months. Applicants with less than 3 months work experience would require a guarantor to seek the hire purchase financing scheme, offered by the Bank.
Taking care of the Seniors
Senior citizens up to the age of 65 are entitled to apply for the bank’s financing scheme An Naqlu 1 when purchasing a Toyota or Lexus. The requirements are; the applicant needs to be below 65 years at the end of the financing period or hire purschase tenure and are required to transfer pension funds to a bank Rakyat savings account.
There’s no better time to buy a brand new car as the ongoing sales tax exemption has brought car prices down, substantially. Take advantage of the omission of tax and the Toyota-Bank Rakyat financing scheme to get your desired Toyota or Lexus model Now!
Visit your nearest Toyota, Lexus showroom or participating bank auto financing center to discover the best financing option for your needs. Find out more about the schemes at www.toyota.com.my and www.bankrakyat.com.my.