Al-Futtaim, the official distributor of Toyota and Lexus in the UAE, has launched Flex Drive, a new finance solution designed to make vehicle ownership more manageable by aligning repayments with customers' changing financial circumstances.
Developed in partnership with Al-Futtaim Finance, the product offers a fixed interest rate alongside a structured repayment plan that differs from conventional financing. Rather than fixed monthly payments throughout the loan term, Flex Drive allows customers to pay lower instalments during the first two years before repayments increase across the remaining three years.
The offering is aimed at a broad range of buyers including young professionals and growing families who are seeking more adaptable financing options. Vehicles purchased under the scheme will be registered in the customer's name and financed through Al-Futtaim Finance, subject to standard credit and affordability assessments along with applicable terms and conditions.
Jacques Brent, Managing Director of Al-Futtaim Toyota & Lexus, said the product responds to a shift in what customers expect from vehicle financing. He noted that buying a car is a major financial decision and that Flex Drive gives customers more control over how they manage that commitment while still offering a predictable repayment path.
Omar Haddad, CEO of Al-Futtaim Finance, added that the plan reflects how customers now prefer to manage their money, offering more breathing room in the earlier stages of ownership.
The launch forms part of Al-Futtaim's wider push to expand customer-focused mobility solutions in the UAE. By introducing more adaptable financing structures, the company aims to make owning a Toyota or Lexus simpler and more accessible, reinforcing its position as a distributor attentive to evolving lifestyle and financial needs across its customer base.
News Source: Gambit
