Toyota Camry, Aurion available with zero per cent finance

By Tim Beissmann
October 05th, 2012

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Toyota Australia has announced a zero per cent finance offer on its locally made Camry and Aurion models as it steps up its push to encourage people to ‘buy Australian’.

The special comparison interest rate applies to the Toyota Camry, Toyota Camry Hybrid and Toyota Aurion sedans, which are manufactured at Toyota Australia’s assembly plant at Altona in Melbourne.

The offer applies to customers of current model vehicles (excluding demonstrators) with finance applications received and approved and vehicles registered and delivered before December 31, 2012. A maximum finance period of 48 months applies.

Toyota Australia executive director sales and marketing Matthew Callachor said the finance offer was a demonstration of the company’s confidence in its locally manufactured vehicles, which are forced to compete with imported cars that benefit from the strong Australian dollar.

“Zero per cent is a way to encourage Australians to rediscover the value and other attributes of cars we build here,” Callachor said.

“It means more Australians than ever will be able to experience the style, driving appeal, advanced features and quality of Toyota cars that are built with passion and pride.”

Toyota 'Pride' TVC – AdNews

The zero per cent finance offer is an extension of the brand’s Local Pride campaign that launched with a 60-second television commercial during September. The campaign is designed to give the public a fresh perspective on Australia’s locally built cars.

Sales of the Camry are up 22.9 per cent so far this year, with 17,120 sold across Australia in the first nine months of 2012.

Aurion sales have slipped 14.1 per cent to just 5877 units, although its decline is only half as bad as that of the Holden Commodore and Ford Falcon, which are both down around 27 per cent in 2012.

Meanwhile, Nissan Australia has also announced a zero per cent finance offer for its Micra, X-Trail and Navara D40 vehicles.

The offer is available across all grades of X-Trail and Navara D40 throughout October for a maximum finance period of 36 months, while the deal applies to Micra until the end of 2012 for a maximum finance period of 60 months.

Nissan enjoyed record September sales last month, delivering 6228 vehicles across the country, with Navara (1812), X-Trail (1448) and Dualis (920) leading the way.

Mitsubishi Australia has also expanded its 0.9 per cent finance offer until the end of October following a positive showroom response in September.

The 0.9 per cent finance offer applies to all 2012 Lancer, Lancer Evolution and Outlander vehicles and 2012/2013 ASX models.

Mitsubishi is also offering the Triton GLX 4×4 from $34,990 driveaway throughout October.

Mitsubishi’s sales spiked 20.9 per cent last month compared with September 2011. The ASX hit an all-time sales record at 780 units, the Triton enjoyed a September record at 2326, while combined sales of Pajero (584) and Challenger (205) gave Mitsubishi its best monthly result in the large SUV segment in a decade.

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Cynic

More like they come with 0% interest!
- Jcan
  
  Where is the wagon? A sedan only range is a death sentence nowadays.
  - Qwerty321
    
    What?? The Camry dropped the wagon years ago! Aurion never had it and sell better than falcon and commodore…
    - http://www.facebook.com/people/Karl-Sass/100000921334936 Karl Sass
      
      It’s only selling that well because its just been released. Regardless I think they would gain another 20% in sales with a wagon.
Latin Fish Names

I saw an Aurion at a Toyota dealer. I could not believe the conservative styling, aces of plastic chrome and plastic wood in the interior. Who is this car aimed at? Octogenarians?
- Huwtm
  
  And a FOOT parking brake? What’s with that. They are diabolical to use! We aren’t American, why do it? It’s not like there is no room between the seats.
  
  Just referring to the discussion on Falcon and Commodore, Australians are moving away from big cars in general.
  - Latin Fish Names
    
    Are Toyota mad? Build the most boring car possible and nake it reliable is what they do and it works! Now if VW made their cars reliable and cheap to run they would blow Toyota out of the water.
    - THR
      
      There is nothing wrong with VW’s reliability.
      - Flossythesheep
        
        Really? Ever owned one?!
      - THR
        
        I own one right now (Golf TDI) – 5 years and barely an issue. I know other VW owners who have similar experiences.
      - Norm
        
        That’s a big call. You have a reliable car and know of others with same. I know friends who love them but curse their reliability. Across the brand – it would seem it’s variable. If someone is buying a car purely on reliability right now it’s not a VW. Toyota own that spot.
  - Guest
    
    Yes, foot brakes are good because any 4y.o. who happen to be in the car (where they shouldn’t be) undoes the hand brake on the centre console, you’ll realise why the foot brake parking brake is where it is.
    
    Also if you’re complaining about foot brakes on these, go look at the Mercedes.
    - MisterZed
      
      i45 also has foot park brake. There is no difference.
      - Huwtm
        
        Guest and mr Zed, would you prefer a foot dimmer for the headlights too? yes I do complain about Mercedes as well, and I’ll also start whinging about i45, (mind you these cars are aimed at the US market which goes a long way to explaining why they are there). Need I remind you as in your example guest, that there is a lock out for auto gear levers now, and that kids would if they were being parented properly not be floating around in a car anyway. If my friends, it was such a good idea, everyone would be using foot parking brakes. They have come from america, and those boats that have populated their roads. The idea being that they didn’t think that the geriatrics that pilot those things, could pull out an under dash handbrake, and the bench seat – which was invariably fitted, and overly thick doors, prevented any other solution. For car control it’s very poor.
      - Guest
        
        So for people with manual transmission? Where’s that auto lock out button?
      - MisterZed
        
        There is no manual available in the Camry anymore.
      - F1orce
        
        Foot brakes are better.. Best thing about them is that they provide more space where the handbrake would be.
        
        Why would any car, other than a sports car need a ‘handbrake’? Foot is more practical and just better overall, no need for an unsightly lever.
        
        Almost all cars sold in U.S market use a foot operated brake.
      - Huwtm
        
        Oh really, you must be joking. So American land yachts are now the gauge of what’s good in a car, very interesting. You know, some manufacturers manage to put cup holders a couple of cubby holes power points and one or two other things, as well as a hand activated brake between the seats. Oh, and Name twenty completely individual cars that have foot parking brakes. By the way, if you have bucket seats what difference does it make if you have a “hand brake” you can use, with your hand?
      - Adam
        
        Just better overall? Pfft.
        
        A handbrake is not unsightly, a Veloster on the hand is.
      - F1orce
        
        Veloster?
        
        You do realize that the Veloster is at the top or near the top of its respected segment in USA, Canada & Australia.
        
        The Veloster’s success can be almost exclusively attributed to its innovate design, ergonomic interior & high quality fit n finish.
      - Sydlocal
        
        Could make ‘hill starts’ more interesting in a manual….
Noddy of Toyland

My god, has there been a bigger step backwards than in the new Aurion over its predecessor?
- Legnab
  
  Looks like a 10 year old lexus , bland car company , the new mazda 6 will blow the camry/aurion out of the water with looks .
from ere

How many people can afford to pay off a Camry or Aurion in 2 years? This is a PR exercise more than anything else.
- MisterZed
  
  I could buy one outright, easily. Several of them.
- guest..
  
  It states the the term is a “Maximum of 4 Years”…Can’t you read….
MisterZed

Er, this is news? In the USA, almost all Toyota models are available with 0% finance.
- THR
  
  But we’re not in the USA and pricing of credit is a completely different story in Australia compared to the US.
Mark

from ere, I think you will find that in the article it states 48 months which is 4 years. maybe learn some math skills before you are so criticle…….
- Sam
  
  Mark. This is how to spell critical
  - adam
    
    How funny is it when grammar nazi’s crawl out of their holes to correct somebody and then make a mistake themselves? Too funny IMO!
    - Roo
      
      Adam, almost as funny as your mistake.
    - Golfschwein
      
      You’ve used an apostrophe on a plural. Use them only for the possessive noun (the dog’s bowl) and contractions (there’s a dog’s bowl over there), good fellow.
      - John
        
        Touche!
      - Popper
        
        You mean “touché”, don’t you, with an acute on the “e”?… No?
Wile E Coyote

If Toyota Oz borrow from the Japanese holding company then the Oz cost of funds would be close to zero being roughly the interest rates in Japan. (Ok there would be small margins)

So if they on lend to customers at 0% it’s smart marketing with minimal cost.
- Birty_B
  
  The promotion is run through Toyota Financial Services. One of the benefits of having your own finance company.
  - Huwtm
    
    I think the money might actually come from GE, it does with all the others I think.
    - Birty_B
      
      * 0% comparison rate available to approved personal applicants & a 0% annual percentage rate is available to approved Bronze Fleet & primary producer applicants of Toyota Finance for the financing of current generation Camry, Camry Hybrid & Aurion models.
Schn

Toyota, I think it’s time you brought the Mark X to Australia. It’d make for a much better proposition than the Camry albeit being rear wheel drive. Heck, you could even call it a Camry… And then bring the American Avalon back. There. Now you’re line up is at least 10 times better in terms of design.
- F1orce
  
  The Mark-X could potentially cannibalize sales of Lexus cars.
  
  The Camry is doing very good, why would they want to alter their plan?
  
  But yeah the American Avalon pwns the Aurion
  - Schn
    
    Well, I would alter it, because you could potentially gain more profit by having a car that is nice to look at, while also having the reputation of the Toyota Camry name.
    - F1orce
      
      Look at how much the Camry costs are who it is aimed at..
      
      Do you think the average buyer of the Camry nameplate will want to pay an extra 15k-20k?
      
      The Mark-X is an upscale car, it’s essentially a car in between the Lexus IS & Lexus GS.
      
      The U.S Spec Camry SE V6 is actually a pretty nice car. And it’s also pretty fast.
      - Huwtm
        
        I think you all missed it, the Mark X (probably a descendent of the Corona Mk 2 of last century, which as you know was a more avant guard Corona) is actually a narrow Camry. Look at the turret. It has exactly the same roof line. Mind you, it looks a lot better than the Camry, no where near as conservative. As for the US spec Avalon, that is just the current Toyota Crown. Could do a lot worse than bring that car back to the market here. (wait, infact they are doing worse) I guess with big cars dying here, would you want to bring another big car to this country?
        
        Actually Toyota Japan has some pretty nice, very interesting product at home, makes you wonder why they push the conservative line here and in other countries?
Legnab

Now that the Golf has blown a motor plan is to get it fixed and trade, the fiancé offer makes a Camry very tempting
- Popper
  
  “… fiancé …”
  
  I’m married, but you’re right, it is tempting.
- Latin Fish Names
  
  What motor is it? The twincharger?
  - Golfschwein
    
    It’s not the real Legnab, just someone larking about as him.
  - Legnab
    
    It’s the 2.0, I still can’t believe it has happened, I cry everyday about it, so disapointed
    - Monk
      
      Bring back the real Legnab. Real douche is so much more fun than someone pretending to be one.
      - Legnab
        
        Hey , flat out with work monkfish , but give me a good falcoon story and i will serve up some bile .
      - Legnab
        
        Or a story about buff men, I like them too
    - Gtr-xu1
      
      How much for a new Golf engine??
      - Legnab
        
        You stick with your dinosaur torana mate bit too clever for you a golf engine .
- THR
  
  Who in their right mind would go from a Golf to a Camry.
  
  Enjoy your new boat.
  - Dave W
    
    People who want to drive it EVERYWHERE, not just back and forth between home and the mechanic. Just kidding!!
The Salesman

People are very daft!. No bank or finance institution can offer 0% finance.
Manufactures make agreements with lenders to subsidies the rate for a fixed period.
The terms and conditions read like war and peace.
To make it simple. YOU the consumer are paying for the subsidized rate up front. Look at the total cost of ownership over the life of the loan and i guarantee you the end cost will be higher than if you negotiate a drive away deal and secure finance at a normal rate.
- peddy.d
  
  what if i negotiate the price of a hybrid camry to let’s say 30k driveaway and am able to obtain 0% finance off that, that a good deal?
  - The Salesman
    
    The dealer can not give the discount away twice. So no. You cant get a driveaway deal and the finance offer.
    - F1orce
      
      ‘Salesmen’ in Australia are not good at making customers happy, are they?
    - You’re Incorrect.
      
      You’re wrong. See below.
      
      You must work for Holden right?
- Salesman_Slayer
  
  I have negotiated a Camry Hybrid H down to $31k relatively easily. I believe lower is possible when it comes to crunch time. 0% finance can still be applied AFTER negotiation. This is actually quite a good deal. I could pay cash…but when other people’s money is (almost) free…
  
  Just repeating: this isn’t some Holden cheap finance where you have to pay $10k+ more than a negotiated driveaway price to get the low rate. This is a genuine, no mucking around 0% rate. I learnt this today, myself, checking at two separate Toyota Dealers in Brisbane.
  
  If anything this current offer makes dealres of arguably more desirably cars like Honda Accord Euro and Mazda 6 sharpen their pencils.
  - The Salesman
    
    I am the best salesman in the country. Can i assume you are a pilot?
    
    I cant believe i need to clarify this. You should know that any retailer will not make a sale that is a loss. At some point they will say no. You are paying for the subsidized rate.
    - Neeko
      
      There are no catches, you are not paying more than what the car is actually worth. There are no subvention costs, in fact, the cars are actually discounted.
      
      Toyota Finance took this on board to move some LM vehicles to achieve their 40,000 target for 2012.
      
      You would have some serious rocks in your head if you paid cash for these particular models.
      
      Oh and the reason there are no subvention costs is because the dealership makes zero commission from these particular rate breakers.
      
      Best learn your facts before dribbling rubbish for everyone else to mislead!
      - The Salesman
        
        Again…nothing is free. The cost of subsidizing the finance rate is costed to the deal. It is allowed for in the price of the deal. So are government charges ( GST, stamp duty, rego, CTP )
        The customer (end user) is paying for it.
      - Neeko
        
        Did you also not read what I just wrote?
        There are no subvention costs!
- LN
  
  Exactly right, people are easily fooled by the 0% offer only to find out that they will be paying more than what the car is worth.
  
  If I want to get a Camry Atara with a few added extras like mats and and tinted windows etc. at the price of $42k including on roads on a 36 month finance deal and no trade ins. My monthly repayments would be $1200. Now does that sound like a good deal to you?
  - Neeko
    
    Did you not just read what I wrote?
    - LN
      
      Yes I did.
      
      Did you read what the salesman wrote?
      - Neeko
        
        Nah obviously not since I only just commented on it
      - LN
        
        Haha yeah I know, it just seemed that you missed his point. That’s all
  - TG
    
    Seriously, GTFO, you have no idea what you’re on about.
    
    I just rang my local dealer, $32,490 driveaway for an Atara S, quoted $677.02/month over 48 months, $32,496.96 in total. The $6.96 difference is for REVS, that’s it.
James

It’s “percent” not “per cent”… really…
Aussie

Give us 0 % interest on Prado and show me where I sign.
R10RRK

Do people on this site just drive Toyota’s, Nissan’s and Kia’s only ? Please correct me if I am wrong here as I am from the UK and I would like to interact with some of you guys.

I mean seriously, even if this car was sold for £50 here in UK, people who just flock to buy Audi/ VW, MB or BMW.

Honestly, these cars are for people who are happy to get from just A to B ! What about the REAL machines ?
- Dfghdfgh
  
  Most people in the UK “flock” to Ford Fiesta/Focus, Opel Astra/Corsa and other hatchbacks from the cheaper Euro brands NOT Audi, MB or BMW.
  
  These Craprys/Ewwrions are really only bought by business/Government fleets(heavily discounted). They then get sold on to private buyers at Auction for extremely low prices.