We’re weeks away from Christmas, and chances are a lot of people are already looking to purchase a new car this season. That’s a fun way to greet the holidays, isn’t it?
Now, if you’re one of those people who are currently in the market for a brand-new vehicle, then you might want to check the latest deals from Honda Cars Philippines (HCPI) and BPI Family Savings Bank.
From today until December 31, 2020, HCPI and BPI are now offering discounts to customers who wish to acquire a new BR-V or City through BPI’s Family Auto Loan. Those who are approved of a loan application will be entitled to an additional P5,000 discount that will go on top of existing promos and offers.
This additional discount can be had with the new ‘Step Up Pay Plan’ financing option on the BR-V and City, which HCPI and Honda are also offering until the end of the year. This financing plan entails a 20% downpayment for a fixed five-year loan term and features a flexible monthly payment option.
The plan provides customers with the option to start the first year of their loan terms with a low monthly amortization rate that will progressively increase over the succeeding years. To give you an idea on this, you can check out the table below:
First year monthly amortization
|2021 Honda City 1.5 S MT||838,000||12,972|
|2021 Honda City 1.5 S CVT||878,000||13,595|
|2021 Honda City 1.5 V CVT||968,000||14,996|
|2021 Honda City 1.5 RS CVT||1,048,000||16,242|
|2021 Honda BR-V 1.5 S CVT||1,038,000||16,703|
|2021 Honda BR-V 1.5 V CVT||1,158,000||19,622|
In addition to these, HCPI is also offering P5,000 worth of e-gift certificates to current Honda owners who successfully refer a BR-V or City buyer. You can read the guidelines on that promo here.
“Honda is deeply committed to continuously creating ways to provide mobility to all Filipinos amidst these challenging times,” said HCPI president Masahiko Nakamura. “With our latest partnership with BPI Family Savings Bank, we hope to be of help in extending additional offers for a lighter vehicle purchase journey.”