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In the first phase, up to 3,000 lease applications will be accepted starting from 12 May; a second phase will follow in fall 2022, and Toyota/Kinto plan to lease up to 5,000 vehicles per year thereafter. [38] The bZ4X is available in one grade, Z, with front-wheel drive and all-wheel drive options. [37]
Toyota Financial Service Corporation via its U.S. subsidiary "Toyota Motor Credit Corporation" owns Toyota Financial Savings Bank, an ILC chartered bank in Henderson, NV. TFS offers its customers financial services that include auto sales financing, credit cards, retail sales of corporate bonds and investment trusts, and insurance.
Closed-end leases are so called because they run for a fixed term, and the lessor and lessee agree in the lease contract what the residual value of the property being leased will be. In most cases (particularly in retail motor vehicle leases), the lessee has an option to purchase the property for the agreed residual value at the end of the ...
In June, Toyota announced that it would build a new automotive battery lab it its Michigan R&D headquarters in York Township to expand electrified vehicle development capability in the U.S ...
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
In a new report, research firm Cox Automotive found a surprising uptick in new car sales in November, outpacing industry estimates. It could be because buyers are itching to pull the trigger on a ...
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