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A type of installment contract other than a loan involves the purchase of durable goods on credit. Such arrangements are usually referred to as "installment plans" rather than "installment loans". In 1807, the installment selling of durable goods was introduced in the US by the furniture store Cowperthwaite & Sons.
Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years. The lessee pays a fixed monthly payment for the privilege of driving the vehicle, and when the lease ends, the lessee returns the vehicle to the lessor. The lessee pays only for the value of the vehicle for the term of the lease.
Most vehicles sold today are designed and manufactured by Toyota, while some vehicles are produced by other companies and supplied to Toyota through an OEM supply basis. Many models are limited to some regions, while some others are marketed worldwide. This list does not include vehicles from Lexus, Scion, Daihatsu or Hino brands.
Toyota B platform: Subcompact hatchback based on Toyota Urban Cruiser. Replaces xA FR-S: FR-S: 2012 2016 N/A Front-engine, rear-wheel drive 2+2 sports coupe. Rebadged Toyota 86. iA: iA: 2016 2016 Mazda DJ platform: Subcompact sedan, rebadged Mazda2. iM: iM: 2016 2016 Toyota New MC platform: Compact hatchback, rebadged Toyota Auris. tC: tC: 2004 ...
Equated monthly installment, a fixed payment amount made by a borrower to a lender at a specified date each calendar month; Installment Agreement, an Internal Revenue Service (IRS) program, which allows individuals to pay tax debt in monthly payments; Installment loan, a loan that is repaid over time with a set number of scheduled payments
Hire purchase. A hire purchase (HP), [1] also known as an installment plan, is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time.
A Toyota advert which “condoned and encouraged unsafe or irresponsible driving” has been banned. People were able to infer Toyota GR Series vehicles were “capable of delivering a performance ...
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