Toyota expects greater interest in used cars

MANILA: If we go by what the country's leading automobile brand says, we can probably expect an upswing in used-car sales over the near term as the market gets used to the new normal.

Toyota Motor Philippines Corporation (TMP)  said in a release that "transportation challenges brought about by the COVID-19 situation have convinced a number of commuters to seek personal modes of transport.  And with a more challenging financial situation, customers are looking for affordable deals for brand new cars, while others opt for used cars."

With that, TMP asserted that during these uncertain times "when hard-earned money should go to quality products, certified used cars play an important role."

TMP advises that in the case of used vehicles, it is important to vet for quality and value. With that in mind, the company rolls out its very own Toyota Certified Used Vehicle (TCUV) program for "peace of mind to the customers by ensuring that the used cars they are buying are certified by TMP."

Vehicles under the TCUV mantle have undergone a "rigorous 211-point inspection and certification procedure before being classified as 'certified used vehicles.'"

This is capped by additional limited warranty and flexible financing terms via Toyota Financial Services.

Said TMP Assistant Vice President for Value Chain Section Gener Castillo, "Recently, most of those who inquire from our TCUV dealers are commuters who regularly use public and mass transport to get to work or to carry out essential trips for their family’s needs.” He continued, “This could mean there is increased demand for personal mobility among those who see having a car as a need, but would like a more affordable option and an easier way get financing approval without compromising quality, efficiency and safety.”

Presently, only select Toyota dealers offer TCUV units. For Luzon and Metro Manila, these are: Toyota Alabang, Toyota Balintawak, Toyota Batangas, Toyota Bicutan, Toyota Calamba, Toyota Dagupan, Toyota Global City, Toyota Manila Bay, Toyota Pasig, Toyota Pasong Tamo, Toyota Plaridel, Toyota Quezon Avenue, and Toyota San Pablo.

Authorized TCUV retail outlets in Visayas and Mindanao are: Toyota Cagayan de Oro, Toyota Iloilo, Toyota Lapu-Lapu, Toyota Cebu City, Toyota Mandaue North and South, Toyota Tacloban, and Toyota Talisay.

TCUV dealers acquire vehicles from current Toyota owners who may have upgraded by trading in or selling their vehicles at fair value. "A team of highly-skilled and accredited assessors thoroughly check the vehicle under transparent operation to guarantee that the Toyota owner gets the fair value of their vehicle," insisted TMP.

TCUV sourcing outlets are all the abovementioned dealers plus Toyota Abad Santos, Toyota Angeles, Toyota Butuan, Toyota Calbayog, Toyota Cubao, Toyota Dasmarinas, Toyota Makati, Toyota Marikina, Toyota Marilao, Toyota North Edsa, Toyota Otis, Toyota San Fernando, and Toyota Shaw.

For more information about TCUV buying or selling, customers may directly inquire at any TCUV dealer. Visit https://toyota.com.ph or join TMP’s official social media accounts at facebook.com/ToyotaMotorPhilippines, twitter.com/ToyotaMotorPH and Instagram.com/toyotamotorphilippines for more updates.

Photos from Toyota Motor Philippines Corporation

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