"Toyota Bank" starts to give preferential car loans from August 15th

"Toyota Bank" is attached to the program of preferential car loans, which is implemented by the Ministry of Industry and Trade of the Russian Federation. On August 15th, 2013 the product, called "State Program", starts to operate in the bank with lending rates of 5.9% per annum.

According to the program of preferential car loans, Toyota Corolla (configurations "standard" and "Classic") and Toyota Auris (configuration "Comfort") can be bought.

Subsidized interest rate on the loan "State Program" from "Toyota Bank" is from 5.9 to 9.9% per annum. For example, the rate on the most popular three-year loan with a down payment of 40% of the price of the car is only 6.9% per annum. The down payment under the program starts at 20% of the price of the car. Calculation of subsidized rates is produced with the account of CB RF refinancing rate - 8.25% acting on August 15th, 2013. Loans are granted in rubles.

"Toyota is a pioneer of captive Bank of lending in Russia, and our participation in the support program of preferential car loan is regularly. We try to offer the best loan products, which enable our customers to become owners of the desired car at a comfortable financial burden. Of course, the additional reduction in the cost of credit for the customer due to a government grant will allow more people to become owners of the legendary Toyota Corolla cars and popular hatchbacks Toyota Auris", - said the President of "Toyota Bank", Alexander Koloshenko.

Recall, under the terms of the program, customers can get a credit for new cars worth up to RUB 750 thousand, gross weight of cars must not exceed 3.5 tonnes. The car can be produced in Russia or imported. Minimum down payment - is 15% of the car price, the maximum loan term - is 36 months.