Toyota Kirloskar Motor announces car leasing and subscription programme – Times of India

CHENNAI: Toyota Kirloskar Motor (TKM) on Tuesday announced the launch of its all-new car leasing & subscription programme in India through a new vertical, Toyota’s Mobility Service (TMS), that will spearhead TKM’s future mobility initiatives in India.
To start with, Toyota’s Mobility Service will provide leasing and subscription to customers in cities like Delhi-NCR, Bengaluru and Mumbai & gradually expand it to ten more cities within the first year.
TKM will partner with existing Brand “KINTO” under Toyota Financial Services, ALD Automotive India & SMAS Auto Leasing India Pvt Ltd.
Under this new initiative, customers can pick cars of their choice for a tenure of three to five years on a fixed monthly fee on lease. The monthly fee will be inclusive of vehicle maintenance, insurance and roadside assistance.
For subscription, customers will have the flexibility to opt for short-term usage of 24 months to 48 months. Car leasing & subscription gives the convenience of ownership with added flexibilities. It also gives the customer to choose from a variety of products that TKM offers in India, including the Glanza, Yaris, Innova Crysta, Fortuner and the soon to be launched, Urban Cruiser.