Part 4/11:

A prime example of this integrated approach can be seen with Toyota Financial Services, which recently commenced operations in Singapore. Globally, the automotive financing industry shows that around 35% of cars sold are financed or leased through financial arms like Toyota Financial Services. In Singapore, the figures are even more pronounced, with approximately 90% of all car buyers resorting to financing or leasing. The high costs associated with vehicles here make financing essential for most consumers.