Annual Report 2009 - Toyota Financial Services

Toyota Financial Services Czech s.r.o.CZK 10,000) is fixed over the entire loan contract term andis part of regular instalments,❍ option of early repayment every 12 months of the contractterm,❍ currently, the contract may be concluded for the wholeToyota model line.Toyota RentA newcomer in the portfolio, since the financial year 2004, isintended in particular for corporate clients. It is an operatinglease, which is based on partial amortization of the vehicleaccording to a specified travelling timetable (length ofuse and total mileage). The key benefit for customers isin particular this product’s very reasonable instalmentpositively influencing financial expenses, with limitedadministration relating to the vehicle operation. The totalrental is based on the following parameters:❍ financing of 100% of the vehicle cost,❍ contract term is 12 – 48 months,❍ maximum number of kilometres driven during the leaseterm is 160,000,❍ fixed motor vehicle liability insurance (a limit ofCZK 50 million/CZK 50 million) throughout the wholelease term is always part of regular instalments,❍ motor hull casco insurance, with a deductible of 5%(a minimum of CZK 5,000) or 10% (a minimum ofCZK 10,000), is fixed throughout the whole lease term andis always part of regular instalments,❍ the rental cost also includes the vehicle registration,payment of the road tax and the radio licence fee,❍ after the contract expires, the vehicle is returned to ourCompany and, if the vehicle ‘s wear and tear correspondsto the contractual terms and conditions, no additionalcosts are charged to the client.Toyota Rent PlusToyota Rent Plus is a new product in the portfolio of ToyotaFinancial Services Czech s.r.o. which has been offered sinceMarch 2008. It is intended in particular for corporate clientsand for customers who wish to take advantage of the typeof lease reflecting actual use of the vehicle with no needto address the issue of how to treat the vehicle when thelease term expires. It is an operating lease which is based onpartial amortization of the vehicle according to a specifiedtravelling timetable (length of use and total mileage). Thekey benefit for customers from the ranks of businessmenand business companies is in particular this product’s veryreasonable monthly instalment which is a fully tax-deductibleexpense and also limited administration relating to the vehicleoperation and the possibility of regular replacement of thecar fleet. This is an extended version of the basic Toyota Rentproduct. The basic features of the product are as follows:❍ financing of up to 100% of the vehicle cost,❍ standard contract term is 12, 24, 36 or 48 months, howevera maximum of 60 months,❍ maximum number of kilometres driven during the leaseterm is 160,000,❍ monthly rental instalments include complete servicingand road assistance according to the client’s specificrequirements (repair and maintenance, change andstorage of tyres, road assistance, alternate car and fuelcard),❍ the rental cost also includes the vehicle registration,payment of the road tax and the radio licence fee,❍ fixed and very favourable motor vehicle liability insuranceis part of regular instalments throughout the whole leaseterm,❍ motor hull casco insurance, with attractive rates and anoptional deductible of 5% (a minimum of CZK 5,000) or12