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Krishani
Krishani
Oct 22 2026
35DFCC Bank, in partnership with Toyota Lanka, has introduced a new leasing proposition for brand-new Toyota passenger vehicles (PVs), combining a tenure of up to 10 years with residual value options of up to 50 percent.
This is Sri Lanka’s first 10-year leasing facility for brand-new Toyota PVs. The proposition was formalised through a memorandum of understanding between DFCC Bank and Toyota Lanka.
The facility is designed to give the customers greater flexibility in managing the monthly financial commitment associated with purchasing a brand-new vehicle. The combination of the extended tenure and residual value option can reduce the monthly rental by approximately 20 percent compared with a five-year lease, depending on the applicable interest rate, tenure and residual value selected.
The residual value is calculated against the amount financed and remains payable at the end of the initial lease.
The customers who prefer not to settle this amount as a lump sum at maturity may apply for a fresh five-year lease facility. The new facility will be subject to a separate credit evaluation, approval and the lending terms applicable at that time.
DFCC Bank Director and Chief Executive Officer Thimal Perera said, “The customers need financing that considers both what they can afford each month and how they will meet the amount due at maturity. By combining a longer tenure with residual value options and a further financing pathway, we are giving them greater flexibility to plan both. It reflects our commitment to developing practical solutions around the way the customers manage their finances.”
Toyota Lanka Managing Director and Chief Executive Officer Manohara Atukorala said, “Our partnership with DFCC Bank gives the customers a more flexible way to plan the purchase of a brand-new Toyota.
It combines practical financing with our islandwide network, comprehensive after-sales care and dependable service support, we are committed to delivering a rewarding ownership experience and helping the customers approach their journey with Toyota with greater confidence.”
