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Toyota announces new buyback offers & finance schemes

Nizam Shaikh
Written by Nizam Shaikh

Toyota Kirloskar Motors (TKM) has announced new innovative finance schemes for the month of July. The customer-centric special finance offers and schemes have been aimed at reducing the purchase burden and providing a host of special benefits that range from the lowest EMI options to buyback offers. 

The new schemes are a continuation of the special customer-centric schemes that the brand launched in the last month to help prospective buyers acquire Toyota vehicles with ease in trying times of the pandemic where personal mobility is necessary. Last month, the brand introduced two new service offerings which include Flexible EMI options and Toyota Official Whatsapp.

The new finance schemes for the month of July include new unique deals such as assured buyback offer of 55% on the Yaris and Glanza. Additionally, other notable schemes such as a low EMI scheme of INR 9999 for the brand’s much-popular Innova Crysta and an EMI deferment of three months across all Toyota models including Innova Crysta, Fortuner, Camry Hybrid, Yaris, Glanza have been offered. 

In the recent past, TKM announced flexible EMI options that not only offer benefits on new purchase but even for maintenance and service of Toyota vehicles with options to convert the payment into EMI of 3/6/9 months. The flexible EMI options come with a low rate of interest and in some cases 100 per cent processing fee waiver under the new schemes. 

TKM has also launched a new contactless service in the form of Toyota Official Whatsapp that enables customers and the general public to reach Toyota for any enquiries or feedback. Through the new Toyota Whatsapp Service customers can enquire for new car purchases, Buy/Sell/Exchange existing vehicles, book service appointment, request for breakdown services or even provide feedback on services. The service can be availed by just sending a ‘Hi’ or giving a missed call on the dedicated mobile number. 

The brand has also announced its sales performance for the month of June and the brand has sold a total of 3866 units in June 2020, a sales growth of 235% over May 2020 which saw a sales figure of 1639 units. When compared to the same period in the last year (June 2019) TKM sold 10,603 units in the domestic market and exported 804 units of the Toyota Etios.