This article is described as organizing the structure and contract terms of Koala Club's Eucalyptus Plan, the key features of its screening process, the main points from customer reviews, considerations for its in-store model, and online alternatives.
Koala Club is a dealer group operated by Orico Auto Lease, and its product is the Eucalyptus Plan. It has no company-operated stores, with local member stores serving as points of contact and handling everything from contracting to vehicle inspections and maintenance. As a result, the terms may vary from store to store.
The Eucalyptus Plan includes the vehicle price, registration costs, taxes and compulsory automobile liability insurance premiums in the monthly payment, and some plans also include vehicle inspections, servicing and oil changes. Optional insurance is generally purchased separately. Contracts with a residual value can keep monthly payments down, but if the residual value at maturity is lower than the vehicle's actual market value, a settlement for the difference may be required.
Screening is conducted by Orient Corporation, with annual income, length of employment and credit information reportedly among the factors considered. If an application is rejected, there may be scope to consider alternatives from other providers, such as in-house auto loans and credit-rebuilding loans.
Positive reviews reportedly cite the reduced burden of vehicle ownership costs and the ability to drive a new vehicle for a fixed monthly payment. However, there are also reported cases of dissatisfaction with the handling of vehicle inspections, the vehicle's condition on return and the service provided by store staff. Before signing a contract, it is considered important to check the actual conditions at the store and the after-sales service.