Toyota Installment Finance

Buy the vehicle of your choice with

installment finance

The Instalment Finance option from Toyota Financial Services provides you with the means to buy the Toyota vehicle of your choice, and to pay us back with regular monthly instalments over an agreed period of time. Once you’ve paid all the instalments, you then take ownership of the vehicle.


With Instalment Finance, there is no minimum deposit needed unless there is a change to the current legislation or to your credit profile. However, if you can pay a deposit, this will help to reduce your monthly instalments, or the repayment period of the agreement.


Toyota Financial Services offers flexible finance periods to suit your needs. Financing periods on Installment finance can be structured over 12 to 72 months, with ir without a final balloon payment


Great news, you can take ownership of your vehicle as soon as you've paid all the installments, including all amounts due and the balloon payment (if applicable) in full.


You can decide whether or not you'd like to trade in your vehicle towards another trusty Toyota once you have paid your installments in full. If you choose to do so this process will help bring down your new vehicle's monthly installment fees. You can also decide to trade in your vehicle for another whenever you want.

That's a good question!

Frequently asked questions

Instalment Finance with Toyota Financial Services is usually offered over a period of 12 to 72 months. These monthly instalments can be structured with equal amounts over the entire agreement period so that there is no balloon payment required at the end. Alternatively, if you’d prefer a shorter finance period, you can either increase your monthly instalments, pay a deposit, or arrange for a final balloon payment.

A final balloon payment is a larger payment at the end of your vehicle finance agreement, which can help in lowering your monthly repayments upfront. Under Instalment Finance, you will own the vehicle at the end of the agreement once all outstanding amounts, including the balloon payment, if applicable, have been paid.

If you choose Instalment Finance, you will be given the option to select a balloon payment depending on your financial risk profile. A balloon payment is a pre-determined amount that is added to your agreement; it’s typically much larger than your ordinary monthly instalments and is usually made right at the end of your agreement. However, it does help in lowering your monthly instalments.

Your final balloon amount will be worked out at the beginning of your contract and at the end of the finance period you will need to settle the balloon amount in full.

Toyota Financial Services offers you market-related interest rates based on your credit profile. A good credit profile means you’ll enjoy the benefits of a better interest rate. You can also choose whether to link rates to the official prime lending rate, or a fixed rate can be negotiated to provide you with the comfort and peace of mind that the instalment will remain the same for the agreed period, and will not change.

Once you have paid your last instalment in full, you can finally take ownership of your vehicle. You can request all documentation through Toyota Financial Services customer services or via the self-service portal on the Toyota website. This documentation can be couriered to you at no extra cost. You can also make use of the MyToyota app to request your final settlement amount or a copy of your vehicle registration.