Toyota Ireland says that a whole new and affordable way to buy a Toyota has arrived.

Toyota Ireland has announced 'Toyota Flex', its new Personal Contract Plan (PCP).

It offers new levels of affordability, flexibility and assurance when it comes to buying a new Toyota.

Toyota created the new plan as a way to eliminate the uncertainties associated with traditional methods of car acquisition and ownership, and to make things very simple and safe for customers.

The Flex plan can be completely tailored to the customer, starting with as low as a 7% deposit and going up to 36%.

Monthly repayments will vary depending on the model being purchased, but start at €129 per month.

In addition, customers can also unlock the value in their used car by using it as a deposit towards a new Toyota, a concept known as 'key for key'.

Along with the guaranteed low monthly payments, the local Toyota dealer will provide a guaranteed future value on all new Toyotas purchased through Flex, enabling customers to reduce their monthly repayments over a three-year period. At the end of three years they have three options:

1) Upgrade their Toyota to a new Toyota on similar monthly repayments.

2) Return the car with nothing more to pay.

3) Keep the car and simply pay the guaranteed future value.

Michael Gaynor, Toyota Ireland Customer & Marketing Communications Manager, said: "We are delighting to be launching Toyota Flex into the market when affordability and certainty are top of mind for consumers when purchasing a new car today.

"With Toyota Flex a customer can now drive a new Toyota every three years on affordable monthly repayments, knowing their local Toyota dealer is guaranteeing its future value."