'Balloon Payment Plus' lets dreams of easy Toyota ownership take flight

'Balloon Payment Plus' lets dreams of easy Toyota ownership take flight

MANILA: Toyota Financial Services Philippines Corp. introduced the "Balloon Payment Plus" program, an affordable finance scheme that makes it easier to own a Toyota unit with low monthly payments and rewarding benefits.

Customers who will purchase a Toyota vehicle through the Balloon Payment Plus are eligible for periodic maintenance services for the entire finance term.

Toyota Balloon Payment Plus

In order to avail this payment plan, customers will need to pay out an initial down payment which is 20 to 30% of the vehicle’s retail price. They will also get to choose the length of their finance term which can either be 24, 36, 48, or 60 months.

At the end of the term, the customer will be given two options: They can either use the guaranteed future value as the lump-sum payment which they will settle together with the last monthly installment, or they can trade in their current unit to purchase a new Toyota vehicle.

Toyota Philippines came up with this practical payment scheme to make it easier for the brand’s loyal consumers to upgrade their ride and experience its wide range of top-tier vehicles

Toyota’s Balloon Payment Plus can be used in purchasing any of the following Toyota vehicle models: Toyota Vios, Toyota Corolla Cross 1.8V Hybrid, Toyota Hilux (Conquest, G, E, and, J variants), and Toyota Fortuner.

Toyota Financial Services Philippines Corp. is administered by Bangko Sentral ng Pilipinas.

Images from Toyota Philippines

Also read: New Toyota Yaris out in 2021, now available for reservations

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Length 4630 mm
3760 mm
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4475 mm
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1665 mm
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1735 mm
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Height 1435 mm
1515 mm
1489 mm
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1469 mm
Power 138
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82
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Torque 153 Nm
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Automatic Climate Control No
No
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Keyless Entry Yes
No
Yes
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Multi-function Steering Wheel No
No
Yes
No
No
Adjustable Seats Yes
4-Way Driver & 4-Way Front Passenger
Yes
Yes
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Rear A/C Vents No
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