We ve got the ideal way to get you on the road. Personal finance plans to get you moving.

Transcription

1 We ve got the ideal way to get you on the road. Personal finance plans to get you moving.

2 Toyota Financial Services offers a range of finance solutions to help you drive away in a new or Approved Used Toyota for a monthly payment that suits your budget. Our in-centre staff are on hand to advise on the best option to suit your needs, from AccessToyota, our Personal Contract Purchase plan, to more traditional Hire Purchase agreements. They ll ask you a few simple questions and provide you with a finance quotation to fit your needs. And, when you choose to go ahead, your local Toyota Centre will arrange your application. There are no lengthy forms to fill in and in many cases we can offer immediate acceptance on the spot. Delivering complete customer satisfaction underpins everything we do at Toyota, so once you commence an agreement with us, you can rest assured that our team of UK based customer service representatives are only a phone call away if you have any queries. Contact your local Toyota Centre today to find out more about personal finance options from Toyota Financial Services. 2

3 AccessToyota - keeps you moving. With AccessToyota, peace of mind comes as standard. This Personal Contract Purchase plan is designed to get you into the car you want at a price you can afford. Available across the range of new and Approved Used Toyota cars and Light Commercial Vehicles, simply choose the Toyota you want and we will tailor a finance offer to suit your budget. All you need to do is let us know how long you d like the term of the agreement to be, between 24 and 36 months, and how many miles you expect to drive per year. Vans require ply lining to be eligible for AccessToyota. 3

4 Getting started. Think of the cost of your new car as being divided into three different parts: 1. Deposit We agree an amount to suit you. This can be as little as you want or up to as much as 35% of the price of the vehicle. 2. Guaranteed Future Value (GFV) We set a minimum guaranteed future value for your car. This guarantees how much your vehicle will be worth with Toyota Financial Services at the end of your agreement. 3. Difference Your monthly payments are then calculated on the difference between the purchase price less your deposit and GFV, plus of course the interest charges on the total amount of credit. This means that in most cases your monthly payments will be more affordable than with a traditional Hire Purchase agreement or Personal Loan. 4 Keeping you moving at the end of your agreement: A few months before the end of your AccessToyota plan, we ll be in touch to see what you want to do next:

5 AccessToyota is designed to be flexible and affordable, so you can tailor it to suit your specific needs. Some of the benefits include: Upgrade Part-exchange your car and drive away in a brand-new Toyota. If the trade-in value is more than the GFV, you can put the equity towards your next car. Keep If you want to keep the car, simply pay the GFV and the Option to Purchase Fee and it s yours. Return Hand your vehicle back to us subject to fair wear and tear conditions being met and any applicable fees being paid. a proportion of the amount you are borrowing is deferred to the end of your agreement which means your monthly payments are often more affordable than other forms of borrowing you can get the car you really want with affordable monthly payments and you may be able to upgrade your choice of vehicle or add extras your payments are fixed for the length of the agreement, so there are no hidden financial surprises with no minimum deposit requirement there s no need for a large initial outlay the future value of your car is guaranteed with Toyota Financial Services, so you won t lose out if trade-in values fall you can enjoy all the benefits of driving a brand new car more often it s ideal if your needs change. You can upgrade after two or three years, rather than being locked into a much longer term if you upgrade to a new car every two or three years, your maintenance costs will be much lower. You may never need an MOT and may still be covered by warranty. you can choose a term to suit you, from 24 to 36 months 5

6 Hire Purchase. We understand that everyone s situation is different, which is why we have a range of flexible finance options available in addition to AccessToyota. Just ask your Toyota Centre for more information. Another popular option many customers favour is traditional Hire Purchase. So how does it work? Once you ve chosen the car you want, decide how much deposit you d like to put down and how long you want the term of the agreement to be these will determine the amount of your monthly payments. Key Benefits 1. You can decide your deposit, it s entirely flexible. 2. At the end of the agreement you ll own your car outright. 3. There is no large final payment to make, just a nominal option to purchase fee. 4. You can choose a term to suit you, up to a maximum of five years. 5. Your payments are fixed for the length of the agreement, so there are no hidden financial surprises. 6

7 Toyota Purchase Protection - for peace of mind. Have you considered that if your car is written off as a result of an accident, fire or theft, your motor insurance company may only pay out the current Market Value for your vehicle. The current Market Value is likely to be less than the amount you paid for the vehicle and if you have finance it could be less than any outstanding finance settlement. This could potentially leave you with the problem of having to find extra funds to get you back into the driving seat of a new Toyota or pay off your finance agreement. For example, if your vehicle costing 15,000 is written off at 36 months, your motor insurance company may only pay out the current Market Value which might only be 8,000. In this case you would be left with a shortfall of 7,000. Purchase Protection enables you to purchase a similarly priced vehicle or alternatively pay off the amount outstanding on your finance agreement. What s more, even if the finance settlement amount is greater than the * Net Invoice Price, you don t need to worry as purchase protection will cover this additional amount. - our cover protects the vehicle you have purchased for a maximum of 36 months - the cover applies to all Toyota vehicles with a Net Invoice Price of up to 65,000 - there is no maximum claim limit up to the Net Invoice Price of your vehicle Eligibility criteria For full details ask your Centre for the terms and conditions. 1) The vehicle must be registered and principally used in the UK. 2) Toyota vehicles costing more than 65,000 are excluded. 3) Non-Toyota vehicles costing more than 25,000 are excluded. 4) The vehicle must be covered by fully comprehensive motor insurance. 5) The vehicle must be in Glass s Guide, not a commercial vehicle over 3.5 tonnes, and not an imported vehicle unless manufactured as a right hand drive and purchased from an authorised UK distributor. 6) Vehicles on Contract Hire or Leasing are excluded. For more information on Toyota Purchase Protection pick up a brochure in your Toyota Centre or visit toyota.co.uk Toyota Financial Services status disclosure Toyota Financial Services (UK) PLC, (TFS) offers Purchase Protection from a single provider, Aioi Nissay Dowa Insurance Company of Europe Limited. Toyota Purchase Protection is administered by Abraxas Insurance Administration Services Limited. TFS is an agent of the insurer in respect of the sale of these products and is authorised and regulated by the Financial Conduct Authority (FCA) registered number FRN This can be verified at the FCA website register or by phoning If you wish to make a complaint you should in the first instance contact the Administrator, Abraxas Insurance Administration Services Ltd., PO Box 520, Bristol, BS34 9BW. Or write to: Head of Compliance, Aioi Nissay Dowa Insurance Company of Europe Limited, 5th Floor, 11 Old Jewry, London, EC2R 8DU. If you remain dissatisfied, you may refer the matter to the Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London, E149SR Tel: We are covered by the Financial Services Compensation Scheme. You may be entitled to compensation from the scheme if we cannot meet our obligations. Market Value means the greater of: a) The value of the Insured Vehicle (excluding contents) at the Date of Loss as assessed by the insurers of the Motor Insurance; or b) The Market Value of the Insured Vehicle (excluding contents) as at the Date of Loss by reference to Glass s Guide Retail Value. * Net Invoice Price - the amount that you have paid, as it relates to the vehicle itself, it does not include non-dealer fitted options and extras such as the road fund licence. 7

8 Finance subject to status to over 18s. Indemnities may be required. Terms and conditions apply. Toyota Financial Services (UK) PLC Great Burgh, Burgh Heath, Epsom, Surrey KT18 5UZ. toyota.co.uk GBNGY-0098T-BR (May 2013)