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Top Gear Philippines Philippine Car News - Honda improves its financing option program

Thanks to the success brought on by Honda Cars Philippines' "Honda Financing Options"--in conjunction with UnionBank--for the Japanese carmaker's entire lineup last October, the program is now being extended to two more partner banks in Banco de Oro and Eastwest Bank.

Unlike the usual financing schemes that offer huge discounts but have astronomical interest rates, Honda Financing Options provide customers "with true savings through low down payment, low interest rates and all-in packages."

With Honda Financing Options, customers are entitled to special low interest rates that are as low as 5.43 percent for the low monthly scheme, as low as 15-percent initial payment for the low down-payment plan, and an all-in package inclusive of chattel mortgage fee, LTO registration, and one-year comprehensive insurance. For customers who avail of financing through Eastwest Bank, there's also the added three-year preventive maintenance service.

Honda Financing Options either through UnionBank, Banco de Oro, and Eastwest Bank are offered until December 31, 2012, only.

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