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 range.

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.