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Own a brand new car with NO deposit & ZERO downpayment
Own a brand new car with NO deposit & ZERO downpayment
04 Jul 2024

Hi driver-partner, 

Here’s your chance to own a car immediately at low cost with NO deposit (NEW!)*, ZERO downpaymentaffordable daily installments AND a BONUS incentive of $900!**

This is the first and only Private Hire Driver Vehicle Scheme (PHDVS) in Singapore which allows individuals to purchase a car in their name to be used for private-hire. 

This collaboration with Inchcape aims to serve the PHV community by allowing low cost of car ownership with exclusive discounts, while offering great benefits by purchasing through an authorized dealer.  

💰 $900 BONUS

  • Get $300 when you complete just 300 trips/month in the first 3 months after purchase
  • Only valid for purchases after 1 Jul 2024
  • 60% acceptance rate and 90% completion rate required
  • Tabulation of trips will start on the 1st of the following month after car collection
  • Payouts will be made by the 10th of the following month from the month that tabulation of trips starts

*Subject to approval by Inchcape and Toyota Financial Services
**Limited to the first 20 eligible sign ups

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Who is eligible for this PHDVS? 
All registered active Gojek driver-partners are eligible for the promotion. If you’re not yet a Gojek driver-partner, you can sign up here

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Inchcape’s range of Toyota models are spacious and fuel-efficient and are renowned for its quality, durability and reliability, therefore reducing your cost of ownership in the long term. All models* come with Toyota Safety Sense, a suite of active safety systems as eyes on the road to keep you safe.

*except Altis Standard

How does this compare with a Lease-To-Own scheme of 5 years? 

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*Figures above are subject to change. Terms and conditions apply. 

Have questions?

Contact the Inchcape team at phdvs@inchcape.com.sg


FAQs

Q: What is the promotion about?
A: The promotion offers an exclusive opportunity to own a vehicle through a hire purchase arrangement with our partner Inchcape Singapore. 

Q: How does the hire purchase arrangement work?
A: A loan of up to 100% of the purchase price is available under this exclusive partnership with Inchcape Singapore. No deposit is required for vehicle booking. 

Q: What vehicles are available through this promotion?
A: Inchcape Singapore is offering an array of options through this promotion. Such vehicles include the Toyota Sienta, Corolla Altis, Yaris Cross, Corolla Cross, Harrier, Prius, Camry, Alphard, and more.

Q: Who is eligible for this promotion?
A: Only registered active Gojek driver-partners are eligible for the promotion. 

Q: What are the benefits of this scheme versus a regular Lease-To-Own scheme?
A: Vehicles for sale are direct from Inchcape Singapore, Toyota’s Authorized Distributor in Singapore.

Drivers can enjoy having immediate full ownership of the vehicle from Day 1 of purchase instead of waiting for the end of the lease-to-own tenure.

As vehicles are owned by you, there are no commitments to a third party and as such, should the need arise, vehicles can be sold off. 

Q: What are the terms of the hire purchase agreement?
A: Terms vary based on the vehicle chosen and individual financial circumstances. The Inchcape team will work with you to customize a plan that suits your needs.

Q: Can I use the vehicle for personal use as well?
A: Yes, the vehicle is yours to use for both ride-hailing purposes and personal use.

Q: Is commercial insurance, servicing and road tax covered?
A: As the vehicle will be owned by you, the costs for commercial insurance, servicing and road tax will be borne by the owner.

Q: What happens if I decide to stop driving for Gojek?
A: You remain responsible for fulfilling the terms of the hire purchase agreement.

Q:  How do I apply for this promotion?
A: Register your interest here: gjk.sg/phdvs-signup

Proceed to Inchcape’s location during your appointment slot to attend a seminar where more details on applying for the promotion would be available.

Q: Can I trade in my current vehicle as part of this promotion?
A: Trade-ins would be available on a case-to-case basis. Please fill in the provided form (gjk.sg/phdvs-signup) and Inchcape Singapore will be in touch with you with more details. 

Q: Who should I contact for more information or to get started?
A: For more information or to begin the application process, please fill in the form (gjk.sg/phdvs-signup) to attend our seminar for full details of the promotion. 

For more information, visit gjk.sg/phdvs

Q: Is there a minimum requirement to purchase a vehicle under this promotion?
A: The quantum of the loan will be assessed by Toyota Financial Services. 

Q: Who can I contact with regard to accident reports and claims?
A: For vehicles under the PHDVS, please contact AutoInsure (https://autoinsure.com.sg/) with regards to any accident reporting and claim matters.

Q: Who can I contact if I need more information? 
A: Please email the Inchcape team at phdvs@inchcape.com.sg

T&Cs

  • Bonus incentive is only valid for purchases after 1 Jul 2024 and is limited to the first 20 eligible signups.
  • To qualify for the bonus incentive of $300/month, eligible driver-partners have to complete at least 300 trips monthly.
  • Incentive requirement of 60% acceptance rate and 90% completion rate apply.
  • Tabulation of trips will start on the 1st of the following month after car collection.
  • Eligible driver-partners will receive 100% of the incentives directly to their Earnings Wallet.
  • Payouts will be made by the 10th of the following month from the month that tabulation of trips starts.
  • Driver-partners are still able to qualify for daily and monthly incentives on top of this scheme.
  • Gojek reserves the right to withdraw, amend and/or alter any parts of the terms and conditions of the campaign at any time without prior notice.
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