Toyota launches long-term vehicle leasing for businesses in Kazakhstan

Apr 15, 2019 8:49 am

Leasing a Toyota Corolla is 183,360 tenge (482 $) per month

After considering the needs of domestic businesses, Toyota Financial Services Kazakhstan is now offering operating leasing to its customers.

The company will always have new cars with a simple monthly fee and no residual risk liability. Unlike finance leasing, in which the client is ultimately obligated to redeem the vehicle in use, the lessor takes the car back and issues new one in return at the end of the rental period. Toyota assumes all the time-consuming responsibilities which customers were required to do themselves with usual corporate fleets such as state registration, compulsory and voluntary insurance and self-service.

Toyota insures all its rental cars under both compulsory civil liability insurance and casualty and collision (CASCO) voluntary car insurance.

Toyota cars are not listed on the client’s balance sheet and remain the property of the company. Thus, clients need not pay additional taxes.

The privilege cost is included in the monthly payments and rates depend on model, mileage and lease term: leasing a comfort class Toyota Corolla for two years, with mileage not exceeding 20,000 kilometres per year, is 183,360 tenge (US$ 482) per month

Source URL: http://eurasiatx.com/toyota-launches-long-term-vehicle-leasing-businesses-kazakhstan/