MANILA: Honda Cars Philippines Incorporated (HCPI) has launched its latest promo for March. 

Dubbed, “Hot Roads, Cool Rides,” the local subsidiary of the Japanese automobile company said that the campaign will allow car buyers to enjoy cash discounts and downpayment deals as well as free maintenance solutions. 

Cash promos, financing offers 

Honda City 1.5 S CVT

Under the promo, HCPI is offering the Honda City 1.5 S CVT with either a low all-in downpayment of P10,000 or a cash discount of P85,000. 

The sedan is ideal for city commutes and is packed with the brand’s suite of safety technologies, which helps avoid collisions, pedestrian injuries, and missed road signs.

It is powered by a 1.5-liter gasoline engine with a continuously variable transmission (CVT) and puts out some 119 horsepower (hp) with 145 Newton-meters (Nm) of torque. 

For more information about the Honda City, you may check our review, here. 

Honda BR-V 1.5 S CVT 

Customers in the market for a seven-seater can find an answer to their motoring needs with the Honda BR-V 1.5 S CVT. Through HCPI’s March deal, the multi-purpose vehicle can be purchased with either a P65,000 discount or an all-in downpayment of P29,000. 

As an added bonus, all customers who purchase any Honda RB-V variant (2025 model) within the promo period will get a free one-year preventive maintenance service (PMS). 

One of the nameplate’s highlights is its versatile seating, which allows it to carry both passengers and cargo with ease. 

Under its hood is a 1.5-liter gasoline mill mated to a CVT. The said setup generates approximately 119 hp with 145 Nm of pulling power. Per HCPI, it clocks in at 24.7 kilometers per liter (based on the Honda-Automobile Association of the Philippines eco-run inn 2022), making it a fuel-efficient hauler. 

More on the Honda BR-V, through our review, here. 

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

HCPI is currently offering the Honda CR-V 2.0 RS e:HEV E-CVT with a P120,000 cash discount. 

This means that the iconic sport utility vehicle — that is now as exciting as it is sustainable — is now more attainable. 

It is fitted with the marque’s latest innovations in comfort, safety, security, and convenience. Not only is it equipped with Honda Sensing, but it also uses a hybrid system with a 2.0-liter gasoline engine and dual electric motors. It relies on an electronically continuously variable transmission to deliver some 133 horses with 335 Nm of torque. 

Here is our review of the Honda CR-V. 

Other models 

Model	Year Model	SRP	10% all-in DP	15% all-in DP	20% all-in DP	Low monthly amortization	Promo
City 1.5 S CVT HS	25 YM	P998,000	P10,000	P10,000	P44,000	P18,449	P85,000
City 1.5 V CVT HS	25 YM	P1.073 million	P10,000	P17,000	P78,000	P19,836	P65,000
City 1.5 RS CVT HS	25 YM	P1.138 million	P10,000	P23,000	P87,000	P21,037	P40,000
BR-V 1.5 S CVT	25 YM	P1.158                  million	P10,000	P29,000	P94,000	P19,850	P65,000
BR-V 1.5 V CVT	25 YM	P1.295 million	P10,000	P51,000	P124,000	P23,940	P50,000
BR-V 1.5 VX HS	25 YM	P1.395 million	P10,000	P57,000	P135,000	P25,788	P50,000
Brio 1.2 V	25 YM	P827,000	P18,000	P57,000	P104,000	P15,288	P10,000
Brio 1.2 RS BT CVT	25 YM	P863,000	P18,000	P59,000	P107,000	P15,954	P10,000
Civic V CVT	25 YM	P1.6 million		P120,000	P210,000	P29,578
Civic RS CVT	25 YM	P1.79 million		P127,000	P228,000	P33,090
Civic RS e:HEV CVT	25 YM	P1.99 million		P105,000	P218,000	P36,521
CR-V V Turbo CVT	24 YM	P2.1 million		P10,000	P76,000	P38,820	P200,000
CR-V VX Turbo CVT AWD	24 YM	P2.28 million		P65,000	P193,000	P42,148	P100,000
CR-V 2.0 RS e:HEV CVT	24 YM	P2.59 million		P61,000	P207,000	P42,033	P120,000
City Hatchback 1.5 RS CVT HS	24 YM	P1.199 million		P67,000	P135,000	P22,165	P20,000

 

Financing mechanics 

HCPI offers financing through the following banks: 

• Bank of the Philippine Islands  (BPI)
• Rizal Commercial Banking Corporation (RCBC)
• Banco De Oro Unibank, Incorporated (BDO)
• Philippine Savings Bank (PSBBank)
• Philippine National Bank (PNB) 
• Chinabank Savings 
• Security Bank 
• Maybank 
• Bank of Commerce 
• Sterling Bank
• EastWest Bank 

Low cash-out, low monthly amortization bundle:

Payment terms of 15 percent and 20 percent down payment with 36 to 60 months to pay.

Free one-month amortization: 

Applicable to customers with 15 percent and 20 percent down payment with 60 months to pay.

Payment terms: 

Financing programs above are applicable to 15 percent and 20 percent downpayment with 36 to 60 months payment terms. 

Extended loan term service: 

BPI Auto Loan only; 20 percent down payment, 72 to 84 months to pay. 

Special all-in downpayment: 

10 percent all-in downpayment, 36 to 60 months to pay. Only applicable to BPI, RCBC, Bank of Commerce. 

Free insurance package: 

Required to have P500,000 minimum amount financed. Only applicable to RCBC, China Bank Savings, Maybank, BDO. 

Financing mechanics for Honda hybrid vehicles 

HCPI is also offering special financing services for customers who are interested to purchase its hybrid vehicles. Below are the mechanics: 

1. 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.
2. Low cash-out and low monthly amortization all-in bundles are applicable for current e:HEV models: customers are entitled to 15 percent or 20 percent downpayment with 60 months to pay (15 percent not applicable to PSBank).
3. Extended loan term scheme via BPI, exclusive offer from BPI Auto Loan only. Available at 15 percent and 20 percent downpayment with 72 to 84 months payment terms. Subject to bank approval. 
4. Free one-month amortization for 15 percent downpayment is applicable to BPI, RCBC, Chinabank Savings, PNB, and Eastwest Bank. Subject to bank approval. 20 percent down payment is also applicable to BPI, RCBC, BDO, Chinabank Savings, PNB, Bank of Commerce, Sterling, Eastwest Bank, Maybank, and Security Bank.

Honda Genuine Accessories promo 

Also for the month of March, HCPI is offering promos for customers who want to dress up their rides using Honda Genuine Accessories. 

The table below shows the corresponding prices for each accessory: 

Honda ‘Hot Roads, Cool Rides’ promo

The Honda “Hot Roads, Cool Rides” promo will run until March 31, 2025.

Also read:

New Honda HR-V's pricing starts at P1.45-M

Honda creates Pokémon-inspired concept

1st Honda Meet Manila to happen this Sat.