Al-Futtaim, the official UAE distributor for Toyota and Lexus, has launched a financing product that restructures repayments across a five-year term rather than holding them flat throughout.
Called Flex Drive and developed with Al-Futtaim Finance, the product charges lower monthly instalments for the first two years before stepping up for the remaining three.
The company says this structure is aimed at young professionals, growing families, and buyers who want predictability without the weight of full repayments from day one.
Interest rates are fixed for the loan’s duration. Vehicles are registered in the customer’s name and financed through Al-Futtaim Finance, subject to credit and affordability assessments.
“Buying a new vehicle is one of the most significant financial decisions many people make, and today’s customers are looking for solutions that are as flexible as their lifestyles. Flex Drive has been developed to give customers greater choice and control over how they finance theirvehicle, making ownership more accessible while providing the confidence of a clear and predictable repayment structure. At Al-Futtaim, we are continually looking for ways to enhance the Toyota and Lexus customer experience beyond the vehicle itself. Flex Drive is another example of how we are responding to evolving customer needs with innovative solutions that make owning a Toyota or Lexus even more accessible,” Jacques Brent, Managing Director, Al-Futtaim Toyota & Lexus explained.
“Customers today are looking for financing solutions that are more closely aligned with the way they live and manage their finances. Flex Drive reflects that shift by offering greater flexibility at the beginning of the ownership journey,” Omar Haddad, CEO, Al-Futtaim Finance added.
The stepped-payment structure is not new in consumer lending, but its arrival in UAE automotive retail gives Toyota and Lexus buyers a formal in-house option that mirrors how some personal loan products already work. Al-Futtaim has not disclosed the specific instalment amounts or rate ranges applicable under Flex Drive.
