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Toyota Finance Australia has introduced an interest rate available specifically for individual commercial buyers of the popular Toyota LandCruiser 100 Series GXL model.
The aggressive LandCruiser GXL Rate Breaker program from Toyota Finance Australia has an annual interest percentage rate of 5.95 percent.
It is available for new Toyota LandCruiser 100 Series GXL diesel or petrol vehicles under order and delivered until June 30.
The special LandCruiser GXL rate is available for financing even heavily optioned vehicles over the $55,134 luxury depreciation threshold.
"We have created this attractive rate specifically for individual commercial customers financing their vehicle under one of our contracts," Toyota Finance Australia's Managing Director Ross Springer said.
"It applies to commercial term/hire purchase contracts, finance leases and novated leases."
The special interest rate provides more flexibility than many similar offers. It is available for contract terms from 36 months to a maximum of 60 months.
The latest offer follows a number of similarly competitive financing options offered by Toyota Finance Australia throughout 1998.
Toyota Finance Australia has grown to be one of Australia's largest and most secure vehicle financiers.
The company's net receivables exceed more than $2.4 billion and it holds a Standard & Poor's long term debt rating of AAA. Last year alone the volume of Toyota vehicles it financed grew by over 22 percent.
Toyota Finance Australia pioneered the area of vehicle finance for the Toyota group around the world. Its success has been followed by the launch of similar Toyota finance companies in the USA, New Zealand, Japan, Canada, Thailand, Europe and Latin America.
Details of the LandCruiser GXL Rate Breaker program are available from participating Toyota dealers.
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