Full press release for download - Toyota Financial Services
Full press release for download - Toyota Financial Services
Full press release for download - Toyota Financial Services
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<strong>Toyota</strong> <strong>Financial</strong> <strong>Services</strong> Czech s.r.o.<br />
PRESS RELEASE<br />
<strong>Toyota</strong> <strong>Financial</strong> <strong>Services</strong> offers its<br />
premium co-branded insurance of a new<br />
vehicle <strong>for</strong> free.<br />
In Prague on 14 July 2010<br />
<strong>Toyota</strong> <strong>Financial</strong> <strong>Services</strong> Czech s.r.o. ("TFSCZ"), <strong>for</strong> the first time in history, offers its<br />
<strong>Toyota</strong> Insurance free <strong>for</strong> one year <strong>for</strong> all customers purchasing a <strong>Toyota</strong> Yaris.<br />
In 2008 TFSCZ was the first leasing company to launch co-branded insurance onto the market.<br />
The term <strong>Toyota</strong> Insurance covers accident insurance, mandatory liability insurance and<br />
complementary insurance policies (e.g. insurance of vehicle windows, insurance of luggage in<br />
the vehicle, insurance of spare vehicle, etc.).<br />
Since the very beginning, <strong>Toyota</strong> Insurance has been aimed at customers purchasing their<br />
vehicles in cash. In 2009, the offer of this insurance was integrated into leasing or credit<br />
payments.<br />
The current campaign of <strong>Toyota</strong> Motor Czech (importer of <strong>Toyota</strong> and Lexus brands to the<br />
Czech Republic) is valid until the end of September 2010 and is aimed at customers of the most<br />
frequently sold model, <strong>Toyota</strong> Yaris. The exclusiveness of the current offer of <strong>Toyota</strong> Insurance<br />
lies in the fact that it may be used by a customer purchasing a vehicle with financing services or<br />
by a customer purchasing the vehicle in cash.<br />
The offer includes a financial product called <strong>Toyota</strong> Genio 50/50 – the customer only needs<br />
50% of the vehicle purchase price and in the first year they do not have to pay any payments or<br />
insurance premium. After one year the customer may choose to pay off the vehicle fully or<br />
continue with regular payments. In the years to follow, if the customer decides to continue<br />
using this financial product, he or she is offered accident insurance with a rate of 1.99% per<br />
year.<br />
Bavorská 2662/1, 155 00 Praha 5 - Stodůlky, Czech Republic<br />
T +420 222 998 300, F +420 222 998 390<br />
toyotafinance@toyotafinance.cz, www.toyotafinance.cz<br />
Registrováno v OR: oddíl C, vložka 44764 u Městského soudu v Praze<br />
IČO 65413261, DIČ CZ 65413261, Člen České leasingové a finanční asociace
A customer intending to purchase the vehicle in cash does not have to do anything except to<br />
sign the insurance contract with the <strong>Toyota</strong> authorized dealer.<br />
In both cases the <strong>Toyota</strong> Insurance includes accident insurance with a 10% deductibility,<br />
however, a minimum of CZK 10,000, and liability insurance with a limit of CZK 50/50<br />
million <strong>for</strong> free <strong>for</strong> the period of 1 year. The customer thus saves about CZK 11,000 per<br />
year.<br />
"The campaign '<strong>Toyota</strong> Insurance <strong>for</strong> free <strong>for</strong> one year' is aimed at everybody, not just customers<br />
financing their vehicles, and is the first of this kind with <strong>Toyota</strong> in the Czech Republic. The objective is<br />
to make the offer of <strong>Toyota</strong> Yaris even more attractive and, simultaneously, to make customers more<br />
aware of the <strong>Toyota</strong> Insurance products," said Ing. Aleš Kamarýt, Managing Director of <strong>Toyota</strong><br />
<strong>Financial</strong> <strong>Services</strong> Czech s.r.o.<br />
<strong>Toyota</strong> <strong>Financial</strong> <strong>Services</strong> Czech s.r.o. is a captive leasing company of the automotive<br />
manufacturer of the <strong>Toyota</strong> and Lexus brands and in the Czech Republic market it has been<br />
active since 2000. It is a member of the international group, <strong>Toyota</strong> <strong>Financial</strong> <strong>Services</strong>, actively<br />
covering 33 countries worldwide. At present it administers about 6,000 leasing or credit<br />
contracts.<br />
The principal services are based on financial products <strong>for</strong> end customers - credits, financial and<br />
operative leasing and insurance products - insurance in payments, <strong>for</strong> customers paying cash<br />
and after terminating the contractual relationship with <strong>Toyota</strong> <strong>Financial</strong> <strong>Services</strong>. It also<br />
financially serves the dealers' network and takes part in financing the handling machinery of<br />
<strong>Toyota</strong> and BT.<br />
For more in<strong>for</strong>mation: Ing. Aleš Kamarýt, managing director, telephone 222 998 300, mobile<br />
phone: 602 236 285, e-mail: ales.kamaryt@toyota-fs.com or at the official website<br />
www.toyotafinance.cz.