SHAH ALAM: Kinto One, a car subscription-based programme which is available in the Americas, major countries of Asia with a strong presence in Europe, has arrived in Malaysia.
Introduced locally by Toyota Capital Malaysia, Kinto One allows a new medium to owning and driving a car without all the hassles associated with the traditionally popular hire purchase facility.
Originating from the Japanese word kinto-un, which means "flying nimbus", the programme comes with a fixed monthly subscription that covers registration of the vehicle, annual comprehensive insurance and road tax, periodic maintenance as well as preventive maintenance.
Subscription period comes in either two years or three years and once the subscription period is completed, the customer is to just simply return the car to Toyota Malaysia and everything else will be taken care of, thus freeing customers from the worry of residual value of the car and how to dispose of it.
Toyota Capital Malaysia president Thomas Chai said: “Kinto One is the direct translation of a strategic partnership between Toyota Capital Malaysia and UMW Toyota Motor and is a distinctly curated respond to the new generation lifestyle seeking for mobility.
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"It is about the shift of consumer behavior from car ownership to car usership. It is about Toyota’s vision of Mobility for All.”
He said customers would get the most value of their car at the same price throughout the contract period, particularly when all the scheduled periodic and preventive maintenance costs are included.
"This simply means customers really do not have to pay for anything else; be it oil change and all the labor cost associated to servicing the car and not even tyres nor battery change among many others. Everything is all truly inclusive," he said.
Chai also said Kinto One customers should be very well comforted as the complete range of services and maintenance would be handled by authorised Toyota dealers with genuine parts and the customers would also be covered under comprehensive takaful insurance coverage with 24-hour emergency assistance.
UMW Toyota Motor president Ravindran K said Kinto One is new and revolutionary, and aims to cater to the newer generation of car owners seeking for freedom and mobility through its all-inclusive fixed monthly subscription plan.
Kinto One is exclusively available online at www.kinto-my.com where customers can view the car models available, decide on which subscription plan that suits them and apply online.
Current models include Toyota Vios, Yaris, Corolla, Innova, Fortuner and Camry with many more models coming soon, including Lexus cars.