Toyota’s new subscription and leasing a car facility will be set rolling in 13 major cities through the year in steps. Currently, under this initiative Toyota Kirloskar motor is partnering with existing in house brand “KINTO” under Toyota financial services, ALD automotive India and SMAS auto leasing India Pvt Ltd.
The subscription and loan services ranges from 2 to 5 years, in which under Toyota’s mobility services the carmaker will be providing customers car subscription of either 2 years, 3 years, or 5 years plan with monthly rental fee. And the Toyota Kirloskar motor will provide shorter plans ranging from 24 to 48 months. In these plans all the Toyota’s Indian line up is included.
Toyota Kirloskar motor currently providing these plans in Delhi-Ncr, Mumbai and Bangalore, with this car maker is thinking of expanding these into more than 10 cities later next year.
The monthly subscription/loan fee is not just for the selecting car, it includes maintenance, insurance and roadside assistance costs. Hence no additional charges are required over monthly fee
At present Toyota’s models line up includes:-
Other than these models the carmaker is set to launch its compact SUV “Urban cruiser” which is based on Maruti Suzuki Vitara Brezza