Toyota ‘Balloon Payment Plus’ offers lower, flexible monthly payments and more

MANILA: Toyota Motor Philippines (TMP) has launched the Balloon Payment Plus, an upgraded financing solution developed by Toyota Financial Services Philippines to make car ownership more affordable with lower monthly payments, high-quality prepaid periodic maintenance service (PMS), and flexible end-of-loan term options.

Balloon Payment Plus offers up to 28% lower monthly payments versus regular financing. It also comes inclusive with a hassle-free and top-notch PMS from the dealership where the vehicle was purchased. At the end of the financing term, the customer can either trade in their car for a new one wherein the estimated value of the previous vehicle will be used as a down payment, or pay off the lump sum and the remaining monthly payments to complete the financing term.

Balloon Payment Plus covers a wide range of Toyota models including the Fortuner, Hilux, Corolla Cross, Rush, and Innova.

For example, if a customer wants to purchase the Fortuner 4x2 G Diesel AT, he or she needs to provide 20% down payment, then will be asked to select the payment term (24, 26, 48, or 60 months). The customer will be able to enjoy a lighter monthly payment and at the end of the payment term, the buyer may settle the remaining amount to pay off the lump sum or trade-in their vehicle for a new Toyota.

To learn more about the Balloon Payment Plus, contact any Toyota dealership (toyota.com.ph/dealer) or log on to toyota.com.ph/bpp. To learn more about Toyota products and services, log on to TMP’s official website at toyota.com.ph, follow Toyota Motor Philippines on Facebook and Instagram, follow @ToyotaMotorPH on Twitter, and join the Toyota PH community on Viber.

Photos from Toyota Philippines

Also read: Toyota unveils all-new Corolla Cross in Japan