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Phuket drivers, tour operators ask Toyota for loan grace period

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PHOTO: MGR Online

With the drastic decline in tourism, dozens of van and taxi drivers, as well as tour operators in Phuket say they can’t make payments for their vehicle loans. With around 20,000 baht+ owed per month and little to no income, drivers and tour operators are facing having their vehicles repossessed.

This morning, around 50 drivers and operators gathered together in Saphan Hin, east of Phuket Town, calling on Toyota Thailand to give them a “grace” period on their loan repayments for vehicles used in Phuket’s tourism industry… well, what’s left of it at the moment.

They also presented a petition with 709 signatures asking Toyota Thailand’s finance division to give them at least a 3 month repayment amnesty on their loan repayments, with no increase in the interest. Narong Chutong, a leader in the group, said group members will speak with Toyota executives today.

“We are all suffering because of the impact of COVID-19. There are no tourists, no work and therefore no income, making it impossible to make loan repayments for our vehicles.”

SOURCE: Phuket News

 

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7 Comments

7 Comments

  1. ROBERT KEHNE

    Monday, August 17, 2020 at 5:56 pm

    While I feel for those in the tourist industry, Toyota is a business too. I do not feel that it is Toyota’s responsibility to bail out individuals that can’t make their payments. The government has decided it is better to destroy the country financially than to have any COVID cases. Perhaps the government should be making the payments for these people.

  2. Toby Andrews

    Monday, August 17, 2020 at 10:42 pm

    I regard van drivers, taxi drivers and tour operators in Phuket slightly more entitled to mercy that pedophiles.
    You have had a good run, ripping off tourists, now go back where you came from broke and accept your destiny, farming and fishing.
    I have personally suffered from their ripoffs.

    • John

      Tuesday, August 18, 2020 at 1:06 am

      Why are you so mean? It is perfectly normal for these people to look for help, wherever it might be.

    • chr

      Tuesday, August 18, 2020 at 3:28 pm

      totally agree bro for years taxi tuk tuk and taxi bikes have ripped off tourists lied cheated
      and now perhaps they understand how much they rely on tourists it makes me happy that they dont have money i am sure all of them have put a lots of money aside after years of ripping off tourists
      i think toyota in this case have to stand strong if you dont pay we take your car i really dont think any foreigner would have been given any amnesty for payment

  3. Rinky Stingpiece

    Tuesday, August 18, 2020 at 12:55 am

    Their business model is not viable, nobody owes them a living, they need to hand back the vans and find a new line of work, there won’t be any tourists for many months, and Toyota has it’s own shareholders to think of. The gold rush is over. It was winding down before COVID anyway.

  4. Colin Gibbs

    Tuesday, August 18, 2020 at 9:05 am

    Smart people save for rainy days while the sun shines……….

  5. Joel tantamount

    Wednesday, August 19, 2020 at 7:28 am

    Their smug smokes when they literally charged 300 thb to go two miles because of madia price controls..even grab was exactly the same price because of their fear if mafia…take the vans and fxxk em.

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Caitlin Ashworth is a writer from the United States who has lived in Thailand since 2018. She graduated from the University of South Florida St. Petersburg with a bachelor’s degree in journalism and media studies in 2016. She was a reporter for the Daily Hampshire Gazette In Massachusetts. She also interned at the Richmond Times-Dispatch in Virginia and Sarasota Herald-Tribune in Florida.

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