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 Toyota Introduce Car Subscription Service In Malay

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SUSchoosingname3
post Jan 18 2021, 07:53 PM, updated 5y ago

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Kinto One caters towards budget-savvy customers who wish to own and drive a vehicle without the hassles of having a conventional hire-purchase loan. Provided are vehicle subscriptions for Toyota or Lexus branded cars of up to 3 years, with usage limited to 30,000km per year. No down payment is required to start the subscription, but Stamp Duty charges apply.

Additionally, Toyota notes that the fixed monthly subscription also covers for each vehicle’s registration, annual comprehensive insurance, road tax, periodic maintenance, and preventive maintenance. It also added that the vehicle is covered under comprehensive Takaful Insurance coverage with 24-hour emergency assistance.

user posted image

Once the subscription period is completed, customers are simply required to return the respective vehicles to Toyota Malaysia. It is also worth noting that should customers exceed the 30,000km usage limit within a year, they will be charged 50 sen per kilometer.


Pikichu
post Jan 18 2021, 07:59 PM

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Now everyone can Yaris.
smallcrab
post Jan 18 2021, 08:01 PM

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As company cars boleh lah
alexkos
post Jan 18 2021, 08:03 PM

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why pay 1678 per month when ayam pay zero drive iswara?
Efalex
post Jan 18 2021, 08:03 PM

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Only Malay? Toyota racist...
alexkos
post Jan 18 2021, 08:03 PM

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and if ayam wind good just order grab rm6 kautim per way
blanket84
post Jan 18 2021, 08:04 PM

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Sapa target market ni? 3k sebulan corolla baik beli je. Habis 3 tahun jual dapat balik 70-80k rclxub.gif
fantasy1989
post Jan 18 2021, 08:06 PM

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unless no mileage restriction ..else ..whats the point?

Captur also like 1k+ only right?
SUSCmyong88
post Jan 18 2021, 08:08 PM

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Talks about flushing your hard earn money down the toilet

Only those arithmetically challenged sohai would go for this.

This post has been edited by Cmyong88: Jan 18 2021, 08:09 PM
$kidzl
post Jan 18 2021, 08:10 PM

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Leasing should be cheaper than buying a car, not the other way around lmao

Anjing mana yang keluarkan business case ni?
boyz
post Jan 18 2021, 08:10 PM

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You own nothing you will be happy
kelvinlym
post Jan 18 2021, 08:11 PM

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This is useful for companies. Can put this as expense instead of in the balance sheet and have to amortise.
pisces88
post Jan 18 2021, 08:12 PM

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No need downpayment ? Woot
zerogun
post Jan 18 2021, 08:13 PM

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giler mahal
SiewLee30
post Jan 18 2021, 08:15 PM

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really cheap. no need dp, no pay roadtax, no need pay service. If broken can just change other car
pisces88
post Jan 18 2021, 08:16 PM

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QUOTE(kelvinlym @ Jan 18 2021, 08:11 PM)
This is useful for companies. Can put this as expense instead of in the balance sheet and have to amortise.
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Thats smart. Thats the point of leasing equipments.

Indirectly 3000 will become only 2k+ after contra tax savings
JimbeamofNRT
post Jan 18 2021, 08:17 PM

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QUOTE(blanket84 @ Jan 18 2021, 08:04 PM)
Sapa target market ni? 3k sebulan corolla baik beli je. Habis 3 tahun jual dapat balik 70-80k rclxub.gif
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rm1678 for yaris cheaper than rent a car to do grab one
party
post Jan 18 2021, 08:19 PM

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QUOTE($kidzl @ Jan 18 2021, 08:10 PM)
Leasing should be cheaper than buying a car, not the other way around lmao

Anjing mana yang keluarkan business case ni?
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Anjing yang nak bankruptkan company tu. Mgmt bodo biasala
JimbeamofNRT
post Jan 18 2021, 08:22 PM

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https://kinto-my.com/?slide=FrequentlyAskedQuestions

What are the required documents for application?
Please provide a copy of the following documents:

Malaysian Applicants

NRIC
Driving License
Latest 3 months’ salary slip
Latest 3 months’ bank statement (Sole Prop)
Latest EPF Statement
Latest copy of Credit Card Statement


Corporate Applicants
(Please ensure that the following documents are Certified True Copies)

Form 9
Form 24
Form 49 / Section 58
Latest 3 months’ bank statement OR 1 year Audited Financial Statement
Board Resolution
Any one (1) Director’s NRIC / Passport


What mileage and duration options are available for subscription?
Subscription periods available are for 2 years or 3 years with mileage up to 30,000km per year.

Are there any upfront payments required before the subscription starts?
Unlike regular hire purchase where you would have to pay a 10% downpayment, the only payment required for to begin your KiNTO subscription is the initial payment of

one (1) month subscription,
one (1) month refundable deposit and
stamp duty fee (if applicable).

Can I return the vehicle before the end of the subscription period?
You may return the vehicle before your subscription ends; however, you will have to pay a 6months’ subscription fee or the remaining balance (whichever is lower).

This post has been edited by JimbeamofNRT: Jan 18 2021, 08:23 PM
JimbeamofNRT
post Jan 18 2021, 08:24 PM

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QUOTE(party @ Jan 18 2021, 08:19 PM)
Anjing yang nak bankruptkan company tu. Mgmt bodo biasala
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there are plenty of co doing this now

https://www.mercedes-benz.com.my/passengerc...es/leasing.html

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