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 Toyota 2-tier plan

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JZenith
post Nov 20 2019, 09:54 AM

Look at my stars. owai
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From: Shemalelism
QUOTE(doflamingo1680 @ Nov 20 2019, 09:40 AM)
anyone knows about this toyota 2 tier installment plan?
pay lower installment for first 6 year. after 6 years u have option to trade in for new car or continue pay the loan with high installment
im thinking of applying this. is it ok or not?

Toyota
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i saw base lending rate at 6.75% per annum.

you can ask the sales to count the price you owe with bank after 6 years, and the trade in value.

normally for a toyota if you installment after 6 years, you will earn for sure if you sell.

no point trading in your car to get a new toyota and continue your loan another 6 years?
JZenith
post Nov 20 2019, 11:21 AM

Look at my stars. owai
*****
Junior Member
704 posts

Joined: Aug 2018
From: Shemalelism
QUOTE(doflamingo1680 @ Nov 20 2019, 11:08 AM)
is it ok if compare to regular HP?
i was thinking of continue with the loan even after 6yrs bcos toyota usually last longer..
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depends on the interest rate toyota offer.
maybe first 6 years is 6% but the remaining years is 8%?

you need to check with them more. uncertain about the rates.
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