HOW IT WORKS
KeyforKey is a version of Toyota Easy where you use the equity in your current car as a deposit for your new Toyota. When setting your deposit we recommend that you set a deposit around 15%. This initial deposit can come from your trade in. If your trade in is worth more than the deposit required we’ll even offer you cash back. Then at the end of the term, you can use the equity** left in your current car towards most, if not all of the deposit for a new car for the same or similar monthly repayments.
**The equity being the difference between GMFV †† (fixed) and actual market value of your car (variable).
