LAUNCH OF AURIS FINANCE CALCULATOR AND ON-LINE APPROVAL

To support and coincide with the launch of Auris, the brand new model from Toyota, Toyota Financial Services (TFS) and Toyota (GB) PLC are introducing an on-line finance calculator and, a first for Toyota Financial Services, an on-line approval facility.

TFS are introducing this seamless process in response to changing consumer purchasing behaviour in the motor finance industry. This is reflected in more customers going on-line to research funding solutions as well as increased customer demand for transparent and convenient finance.

Doug Gillies, TFS Operations Director comments, “There has been a notable growth in the use of the internet for researching motor manufacturer and motor financing options. This is an exciting first move for TFS into on-line approval, our aim is to make it even easier for customers to drive the new Toyota Auris through their chosen Toyota Centre, with a flexible and competitive funding solution.”

Prospective customers can visit www.toyota.co.uk to find out all they need to know about the features and benefits of this exciting new model. The vehicle configurator enables customers to build a new Auris to their own specification and the finance calculator allows customers to create bespoke finance quotations. The calculator provides Personal Contract Purchase examples based on their preferred deposit or monthly payment amount, with competitive APR’s from 10.6 per cent. And now for the first time, customers can apply for finance with Toyota Financial Services at the same time.

After obtaining a finance quotation customers can submit their personal details, which are processed by the TFS New Business department on-line. TFS will underwrite the customer and e-mail them directly with an approval certificate as appropriate. At the same time the chosen Toyota Centre is automatically emailed to arrange a demonstration of the new Toyota Auris for the customer.

Examples from www.toyota.co.uk finance calculator:

Model Auris TR 1.6 5dr

Auris T-Spirit 1.6 5dr

Cash Price

£12,995.00

£14,895.00

Deposit

£2,990.29

£3,190.18

Amount of Credit

£10,004.71

£11,704.82

35 x Monthly Payment

£199.00

£249.00

Final Payment / Guaranteed Future Value

£5,391.50

£5,616.50

Total Amount Payable

£15,346.79

£17,521.68

Typical APR

10.6%

10.4%

Excess miles over 30,000

5.8p

5.8p

ENDS

Toyota Press Team

For further information, please contact one of the following:
James Clark on 01737 367919 or by e-mail at james.clark@tgb.toyota.co.uk
General media enquiries
Erica Haddon on 01737 367308 or by e-mail at erica.haddon@tgb.toyota.co.uk
General media enquiries
David Rogers on 01737 367224 or by email at david.rogers@tgb.toyota.co.uk
General, alternative fuels and mobility media enquiries
David Crouch on 01737367505 or by email at david.crouch@tgb.toyota.co.uk
General, fleet and motorsport media enquiries