Honda Cars PH extends summer promo with ‘New Roads, New Stories’ campaign

MANILA: Honda Cars Philippines Incorporated (HCPI) has extended its “Hot Roads, Cool Rides” promo with the continuation of the campaign being dubbed “New Roads, New Stories.”

Under the said initiative, customers can enjoy cash discounts and low monthly amortization plans with select models from HCPI’s roster until the end of the month. 

Cash, financing deals

Honda BR-V 1.5 S CVT

The Honda BR-V 1.5 S CVT is available with a P65,000 discount or with an all-in 15-percent downpayment of P14,000.

It allows car buyers to enjoy generous seating for seven and a powertrain setup, which consists of a 1.5-liter gasoline engine and a continuously variable transmission (CVT). Out of the dealership, it ensures a zippy performance with 119 horsepower (hp) and 145 Newton-meters (Nm) of torque.

The multi-purpose vehicle will also satisfy the cost-conscious car buyer as it clocks in at 24.71 kilometers per liter (kpl).

Honda City 1.5 RS CVT

For those hunting their next sedan, the safe and value-packed Honda City 1.5 RS CVT is offered with a P40,000 discount as well as an option to pay an all-in 15-percent downpayment of P23,000.

The city car is more than able to empower would-be owners with a 1.5-liter powerplant with a CVT. Like the abovementioned, it also dishes out 119 horses and 145 Nm for a spirited drive in the metro.

Its average fuel consumption is approximately 22.2 kpl.

Honda City Hatchback 1.5 RS CVT

The hatchback version of the Honda City nameplate is currently available with a discount of P20,000. Likewise, those wanting the sporty hatch can choose between a monthly payment plan of P22,165 or a 20 percent downpayment, equivalent to P135,000.

Offered in a sole RS CVT trim, it produces the same power and torque as its sedan counterpart, with a fuel efficiency rating of 25 kpl per HCPI.

Honda CR-V 2.0 RS e:HEV E-CVT

Finally, the Honda CR-V 2.0 RS e:HEV E-CVT sport utility vehicle is made more affordable for eco-friendly motorists thanks to a P120,000 discount.

The Honda CR-V 2.0 RS e:HEV E-CVT is powered by a hybrid system comprised of a 2.0-liter gasoline engine paired with an electric motor. A dedicated electronic CVT transfers power to the wheels for a maximum output of 145 hp and peak pulling power of 183 Nm.

Financing mechanics

Car buyers can choose to finance their cars via the following banks:

• Bank of the Philippine Islands (BPI)
• Rizal Commercial Banking Corporation (RCBC)
• Banco de Oro
• PSBank
• Philippine National Bank (PNB)
• Chinabank Savings
• Security Bank
• Maybank
• Bank of Commerce
• Sterling Bank
• EastWest Bank

Below are the flexible payment terms available with the aforementioned institutions:

• Low cash-out, low monthly amortization bundle: payment terms of 15-20 percent downpayment with 36-60-month term.
• Free one-month amortization: applicable to customers with 15 and 20 percent downpayment with 60 months to pay.
• Extended loan term scheme: (for BPI Auto Loan only) 20 percent downpayment, 78-84 months to pay.
• Special all-in downpayment: (for BPI, RCBC, Bank of Commerce only) 10 percent all-in downpayment with 36-60 months to pay.
• Free insurance package: (for RCBC, China Bank Savings, Maybank, BDO only) P500,000 minimum amount financed.

Honda e:HEV Financing Program

Customers interested in HCPI’s hybrid models can score big savings from the Honda e:HEV Financing Program. Below are the mechanics:

• Customers can apply to the following banks with this program: BPI, RCBC, BDO, PSBank, PNB, Chinabank Savings, Security Bank, Maybank, Bank of Commerce, Sterling Bank, and EastWest Bank.
• Low cash-out and low monthly amortization all-in bundle applicable for current e:HEV models. Customers are entitled to 15 or 20 percent downpayment with 60 months to pay. 15 percent downpayment is not applicable to PSBank.
• Customers can avail of the extended loan term scheme from BPI, which is available at 15 and 20 percent downpayment with 72 to 84 months payment terms. Subject to bank approval.
• Free one-month amortization for 15 percent down payment applies to BPI, RCBC, Chinabank Savings, PNB, and Eastwest Bank. Subject to bank approval. The 20 percent down payment is applicable to BPI, RCBC, BDO, Chinabank Savings, PNB, Bank of Commerce, Sterling, Eastwest Bank, Maybank, and Security Bank.

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