Al-Futtaim, the UAE’s exclusive distributor of Toyota and Lexus, has launched Flex Drive, a five-year car finance plan that charges less for the first two years and more for the last three. The rate is fixed, and the car is registered in the buyer’s name from day one.
Flex Drive runs through Al-Futtaim Finance and covers the full Toyota and Lexus range. Monthly instalments sit lower for the first 24 months, then climb for the remaining 36. Approval is subject to a credit assessment, an affordability assessment and the standard terms and conditions. The target buyer is young professionals, growing families and anyone who would rather ease into the payment.
Jacques Brent, managing director of Al-Futtaim Toyota & Lexus, says buying a car is one of the most significant financial decisions people make, and customers now want the financing to bend around their lives:
“Buying a new vehicle is one of the most significant financial decisions many people make, and today’s customers are looking for solutions that are as flexible as their lifestyles.”
Put plainly: a smaller number at the start, a bigger one later, with the rate fixed either way.
Omar Haddad, chief executive of Al-Futtaim Finance, makes the same point from the lender’s side:
“Customers today are looking for financing solutions that are more closely aligned with the way they live and manage their finances.”
Flex Drive is that idea applied to a repayment schedule.
Lower now, higher later
The trade-off is arithmetic rather than marketing. With the rate fixed and the principal repaid more slowly, the total interest bill on Flex Drive runs higher than on a conventional loan of the same term. The launch material does not quote the size of the step-up; it points buyers to the Key Fact Statement, the financing agreement and the total financing cost before they sign. That document is where the second-half numbers live.
What it means if you’re financing a car in the UAE
Flex Drive is live, and the official offer pages already carry the figures. Al-Futtaim holds exclusive distribution of both brands, so for new Toyotas and Lexus in the UAE this is the only financing door from the official network. It sits alongside a Gulf market where financing keeps getting rearranged — Tabby took finance licences in Saudi Arabia, DIB added the Jaywan debit card and the Lotus Emira 420 Sport arrived in the UAE as the world’s fastest four-cylinder car.
| Model | Flex Drive, first 24 months |
|---|---|
| Toyota Urban Cruiser | from AED 1,049/month (insurance, service, warranty, tinting and registration included) |
| Toyota Land Cruiser Prado | from AED 2,399/month |
| Lexus Collection (entry) | from AED 1,900/month |
| Lexus RX F Sport | from AED 3,000/month |
Figures as listed on toyota.ae and lexus.ae in August 2026; terms apply.
Flex Drive does not make a Toyota or Lexus cheaper. It moves the expensive part of the loan to the back. For a buyer who values the smaller number now, that is the product — and the Key Fact Statement will say what the bigger number is.
Is Flex Drive cheaper than a standard car loan?
No. The fixed rate applies to the full five-year term, and because the first 24 months repay less of the principal, more interest accrues overall. Flex Drive buys cash-flow timing — smaller payments early, larger ones later — not a lower total cost. The Key Fact Statement sets out the total financing cost before you sign.
Do I own the car during Flex Drive?
Yes. The vehicle is registered in the buyer’s name from day one, with the finance arranged through Al-Futtaim Finance. That differs from a lease, where the finance company holds ownership. Approval is subject to a credit assessment, an affordability assessment and the applicable terms and conditions.
What happens to my payments after the first two years?
They go up for the remaining three years, according to the agreed repayment schedule. How much they rise depends on the loan amount, the rate and the term, so it varies from contract to contract. The Key Fact Statement shows the full schedule, including the total financing cost, before you commit.
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