Overview
The spice of the automotive sector shifted from price hikes to installment plans offered. It seems the automakers choose the right way to encourage customers as the installment plan looks suitable for these massive prices. There is nothing hidden behind the new offers all we know is that they are trying to cover production cut-down loss and low sale volume. The only way they have to choose is to offer different promotions, installment plans, and other facilities to engage customers with sales. And they are using these techniques as we can see very clearly.
Toyota New Installment Plan
Indus Motor Corporation (IMC) introduced a new installment plan with the joint venture of Meezan Bank Limited (MBL). The exclusive installment plan announced for Toyota Corolla and Toyota Yaris models. Both are the most popular Toyota sedans in Pakistan. The most enticing thing about this plan is Toyota guaranteed delivery in just 10 days time period.
How Toyota Plan Works
It’s pertinent to mention here that only Meezan Bank cardholders are eligible for the plan. You can visit any of your nearest authorized Toyota Dealership stores to get the benefit of this plan and apply for the installment car plan. This would be a great opportunity for Meezan Bank cardholders to take benefit and own a Toyota car at easy installment and instant delivery. This offer will give benefits to its customers including:
- You will receive Toyota Protection.
- Toyota offers a free 4th-year basic extended warranty.
- Takaful rate at 1.4%.
- Receive discounted monthly rentals.
- Exclusive 50% relief in processing fee.
- Instant delivery is possible in 10 days.
Conclusion
The new installment plan offer looks beneficial for customers who are not able to pay the full amount at once. Meanwhile, the purpose of an attractive installment plan is to engage customers with sales and increase sale volume which got the worst hit in the last few months. Toyota is all set to tackle the low sale volume with new offers.
