Toyota Hybrids Rent-to-Own Vehicles

We have access to Toyota Finance & Nab corporate rate discounts.
Many people are fooled into believing that the interest rate a dealership offers is the actual interest rate, the terminology you are looking for is comparison rate. This is the rate which matters. The comparison rate includes set up costs, loan capitalisation costs, PPSR costs, dealership fees and the like. We avoid nearly all of these costs minus a small fee to set the agreement up.

For example: We recently signed somebody into a Rav4 Hybrid. They were quoted 8.7% interest rate on a 7 seater Mitsubishi Outlander over a 5 year term with repayments of $176 per week or $9152 annually. This meant the total cost exclusive of government charges was $45,760.00, despite the advertised vehicle being just $36,000. Therefore the difference between $45,760 and the advertised sale price of $36,000 is $9,760. When dividing this $9,760 into the total capital cost it is an effective interest rate of 21%.

We strive our best to meet orders within 6-8 weeks.
We have had vehicles arrive within a smaller time frame, but they are all subject to the availability of the fleet vehicles we have access to. Of course, this time can be changed, whereas your selection is a more common selection i.e. the colour of the vehicle or the type of Toyota hybrid you select.
The great thing about MCS – Is we will give you a discounted hire vehicle until your vehicle has arrived.

Your weekly cost will be provided in the form of a tax invoice.
Fully tax deductible for GST purposes.

The weekly cost will be made up from two components.

Your fixed cost and your variable cost.

Your fixed cost is the total cost of the vehicle (inclusive of any finance costs which are not disclosed and our $9,900 fee) + stamp duty.

Your variable cost is adjusted after the first and second year of your rental. It is an estimation of all other related costs. We assume 10 x services per year (inclusive of any minor things such as brakes, globes, etc); we leave an allowance for any major works to your vehicle, registration, insurance and any other on-road costs. This is variable and only reflects the incurred costs; we do not make any margin on the variable costs. We use an algorithm and sophisticated GPS tracking technology.

We now have over 60 drivers driving their own Toybrid. We have only ever had a SINGLE person return the vehicle early

• PRO: Why rent a car that has been driven before by multiple drivers? IT IS YOUR OWN CAR!
• PRO: We have our own fully operational workshop, and thereby, servicing costs are significantly reduced compared to dealerships and other mechanical shops.
• PRO: Hybrids are cheaper than petrol cars. On average, compared to a petrol equivalent driving 1000 km per week, you are approximately $60 per week better off.
• PRO: Did you know it costs nearly $150 per week, excluding the cost of a vehicle, to just own a vehicle? One simple payment each week streamlines all the hassles.
• CON: It is a commitment of at least 330 – 450 per week for a long time span.
  
• CON: This is only offered to Rideshare drivers.

Call for further enquiries.