Toyota Drive
This is a simple and easy way to put you in the driving seat of your dream car. After making your initial down payment, you pay for the remaining value of the Vehicle in monthly instalments that include interest. The interest rate is fixed for the whole term of the repayment, so you’ll always know how much you’ll be paying every month.
| Open Market Value | Downpayment |
|---|---|
| ≤$20,000 | Minimum 30% |
| ≥$20,000 | Minimum 40% |
Hassle-free application by leveraging the national data repository - MyInfo. It takes just a few minutes to complete the application.
Up to 7 years loan tenure options available to suit your needs.
Up to 60% or 70% Loan-to-Value, depending on the Open Market Value (OMV).
Customers enjoy:
No impact to your Total Debt Servicing Ratio (TDSR)
Fixed monthly payments giving you complete transparency towards vehicle ownership
