Al-Futtaim Motors debuts unique automotive finance package
Al-Futtaim Motors, the exclusive distributor for Toyota in the UAE, has just
launched a new finance package which will make it easier for UAE motorists to
purchase the new vehicle of their choice.
The unique package called 'Toyota Choices' is based on the funding model known
as a 'Personal Contract Purchase' (PCP), which is already extremely popular
in many other automotive markets across the world.
Toyota Choices provides customers with a low cost alternative to traditional
purchasing methods. Mr Simon Monahan, General Manager Toyota Retail at Al-Futtaim
Motors stated: "Toyota Choices gives the customer real immediate benefits
such as lower down payment, lower monthly payments and a shorter loan agreement.
You can even upgrade to a brand new Toyota every two years because we guarantee
the future trade-in value of your car."
Mr Monahan continued: "Toyota Choices takes the worry out of owning a
vehicle. The Guaranteed Minimum Future Value (GMFV) of the vehicle gives you
the financial security of knowing that your car has a guaranteed resale value
that will not change over the period of the finance agreement. This means less
hassle and uncertainty about the value of your car in the used car market and
it means that every two years you can focus on choosing your brand new Toyota".
Toyota Choices also helps with monthly budgeting by including a service contract
and insurance within the monthly repayment plan.
Toyota Choices is exclusively available from Al-Futtaim Motors' Toyota showrooms
across the UAE and is available across the entire Toyota passenger car and SUV
Mr Monahan concluded "We know that our customers would like to change
their car more often and pay low monthly installments with no future market
risk. Toyota Choices delivers exactly what our customers need, so it will become
the preferred way of buying a brand new Toyota in 2011 and beyond.