Comparing KINTO ONE
and
Conventional Hire Purchase

Toggle the tabs below to see the differences between KINTO ONE and Conventional Hire Purchase

Subscribe
& Drive

Downpayment
Zero downpayment.
(1-mth refundable security deposit)
What does it include
All-Inclusive monthly subscription with just one single payment over the whole subscription period.
Credit Exposure
Monthly subscription does not add on to individual or company credit exposure.
Tax
Monthly subscription paid are tax deductible for companies.
Downpayment
10% downpayment required.
What does it include
Hirers need to make payment for service, maintenance, insurance and road tax throughout the loan tenure.
Credit Exposure
Buyer needs to apply for car loan.
Tax
Additional asset purchase will add on to the company's financial exposure.

Peace of Mind
Reduce Administrative Tasks

Monthly payments
Monthly subscription automatically deducted through the nominated credit card.
Insurance Renewal
Insurance auto renewal are fully taken care of and road tax will be delivered to you. No additional payment required.
Auto Protection
GAP* will take care of the remaining subscription and no penalty for total loss resulting from accident / theft.GAP* will take care of the remaining subscription and no penalty for total loss resulting from accident / theft.
Wear & Tear Maintenance
All-Inclusive wear & tear maintenance over the 3-year subscription period.
Monthly payments
Hirer need to make cash payment on the car loan. No Credit Card payment allowed for loan product.
Insurance Renewal
Requires self-monitoring on expiry dates, handle renewal and payment to the agent.
Auto Protection
Coverage from Motor Takaful / insurance is insufficient to make up outstanding loan.
Wear & Tear Maintenance
Hirer need to bear the cost for wear & maintenance with the risk of increased cost over time.

Drive in Style
Upgrade

Servicing Pickup & Delivery
Auto Concierge Pickup & Delivery for all scheduled service throughout your subscription period
End of duration
At the end of subscription period, simply return the car to KINTO and subscribe to a new car. Get your good driver reward.
Upgrading
Enjoy a new car or upgrade to a brand new model every 3 years!
Servicing Pickup & Delivery
Hassle of scheduling car service appointments with additional travel expenses required for car drop-off and pick-up.
End of duration
Hirer need to go through the hectic process of trading in the car, settle the loan and bear the cost of depreciation risk.
Upgrading
Stuck with the same car, requires regular service & maintenance, potential unexpected repairs.

*GAP = Guaranteed Auto Protection

Comparing
KINTO ONE
and
Conventional
Hire Purchase

Toggle the tabs below to see the differences between KINTO ONE and Conventional Hire Purchase

Subscribe
& Drive

Downpayment
Zero downpayment.
(1-mth refundable security deposit)
Downpayment
10% downpayment required.
What does it include
All-Inclusive monthly subscription with just one single payment over the whole subscription period.
What does it include
Hirers need to make payment for service, maintenance, insurance and road tax throughout the loan tenure.
Credit Exposure
Monthly subscription does not add on to individual or company credit exposure.
Credit Exposure
Buyer needs to apply for car loan.
Tax
Monthly subscription paid are tax deductible for companies.
Tax
Additional asset purchase will add on to the company's financial exposure.

Peace of Mind
Reduce Administrative Tasks

Monthly payments
Monthly subscription automatically deducted through the nominated credit card.
Monthly payments
Hirer need to make cash payment on the car loan. No Credit Card payment allowed for loan product.
Insurance Renewal
Insurance auto renewal are fully taken care of and road tax will be delivered to you. No additional payment required.
Insurance Renewal
Requires self-monitoring on expiry dates, handle renewal and payment to the agent.
Auto Protection
GAP* will take care of the remaining subscription and no penalty for total loss resulting from accident / theft.GAP* will take care of the remaining subscription and no penalty for total loss resulting from accident / theft.
Auto Protection
Coverage from Motor Takaful / insurance is insufficient to make up outstanding loan.
Wear & Tear Maintenance
All-Inclusive wear & tear maintenance over the 3-year subscription period.
Wear & Tear Maintenance
Hirer need to bear the cost for wear & maintenance with the risk of increased cost over time.

Drive in Style
Upgrade

Servicing Pickup & Delivery
Auto Concierge Pickup & Delivery for all scheduled service throughout your subscription period
Servicing Pickup & Delivery
Hassle of scheduling car service appointments with additional travel expenses required for car drop-off and pick-up.
End of duration
At the end of subscription period, simply return the car to KINTO and subscribe to a new car. Get your good driver reward.
End of duration
Hirer need to go through the hectic process of trading in the car, settle the loan and bear the cost of depreciation risk.
Upgrading
Enjoy a new car or upgrade to a brand new model every 3 years!
Upgrading
Stuck with the same car, requires regular service & maintenance, potential unexpected repairs.

*GAP = Guaranteed Auto Protection