Honda Cars PH’s ‘Power Drive Deals’ extended until July
Honda Cars Philippines, Inc. (HCPI) announced that it is extending the “Power Drive Deals” promo for the whole month of July.
KEY TAKEAWAYS
Until when is the Honda Cars Philippines promo?
The promotion has been extended until July 31.What does the promo offer?
The initiative provides cash discounts, flexible financing options, and other special offerings on select models.The Japanese automaker’s local distributor said that the aforementioned program provides cash discounts, flexible financing options, and other special offerings on select models.
Below are the following terms for models covered in the promotion:
Promo Discounts
MODEL VARIANT |
Suggested Retail Price (SRP) |
Promo Discount |
2022 City 1.5 S CVT |
P938,000 |
P35,000 |
2022 BR-V 1.5 S CVT |
P1.058 million |
P60,000 |
2022 Brio 1.2 V CVT |
P742,000 |
P10,000 |
2022 Civic S Turbo Honda Sensing |
P1.368 million |
P25,000 |
2022 CR-V S Diesel 9AT Honda Sensing (seven-seater) |
P1.968 million |
P35,000 |
2022 all-new City Hatchback 1.5 RS CVT |
P1.138 million |
P20,000 |
2022 Accord 1.5 EL Turbo CVT Honda Sensing |
P2.35 million |
P60,000 |
Low all-in down payment and low monthly amortization
MODEL VARIANT |
SRP |
*Special and **Regular Low All-in down payment as low as |
***Low monthly amortization as low as |
2022 City 1.5 S CVT |
P938,000 |
*P10,000 |
P17,340 |
2022 BR-V 1.5 S CVT |
P1.058 million |
*P10,000 |
P19,558 |
2022 Brio 1.2 V CVT |
P742,000 |
*P18,000 |
P13,717 |
2022 all-new Civic S Turbo Honda Sensing |
P1.368 million |
**P71,000 |
P25,289 |
2022 CR-V S Diesel 9AT Honda Sensing |
P1.968 million |
**P97,000 |
P36,380 |
2022 all-new City Hatchback 1.5 RS CVT |
P1.138 million |
**P55,000 |
P21,037 |
2022 all-new HR-V V Turbo Honda Sensing |
P1.598 million |
**P105,000 |
P29,541 |
Flexible financing options
HCPI noted that special, all-in financing programs applicable for 10-percent down payment with 36-60 months terms are also offered to customers acquiring select models:
BANK PARTNERS |
Special all-in program |
All-in package |
Down payment percentage |
Payment Term |
Bank of Philippine Islands (BPI) |
Special all-in down payment |
- Free chattel mortgage |
10 percent |
36-60 months |
China Bank Savings |
||||
Bank of Commerce |
||||
Rizal Commercial Banking Corporation (RCBC) |
- Free chattel mortgage |
Clients are also given various financing options like low cash-out, low monthly amortization, free one-month amortization at 15-percent, and 20 percent all-in down payment that are made available through the following bank partners:
BANK PARTNERS |
All-in Program |
All-in Package |
Down payment percentage |
Payment term |
RCBC |
- Low cash-out |
- Free chattel mortgage |
15 and 20 percent |
36-60 months
*For Maybank, Free insurance available at 60 months payment term only |
China Bank Savings |
||||
Banco de Oro |
20 percent |
|||
Maybank* |
||||
Security Bank |
- Free chattel mortgage |
|||
BPI |
15 and 20 percent |
|||
East West Bank |
||||
Bank of Commerce |
||||
Philippine National Bank |
||||
Philippine Savings Bank |
||||
Robinsons Bank |
The offers include three-year vehicle registration and chattel mortgage, as well a free one-year comprehensive insurance. Customers may submit their loan applications online via HCPI’s auto loan link page, subject to the preferred bank’s approval.
Further, HCPI has again extended its promo for the BR-V, which gives free one-year preventive maintenance vouchers (given to those who have reserved a unit from July 1-31, 2022 and released until August 31, 2022) and discounts of up to 30 percent on select BR-V accessories.
The prices of the discounted parts are as follows:
No. |
Description |
Suggested retail price (SRP) without value added tax |
Discount |
Discounted SRP |
1 |
Front lower garnish |
P16,528.02 |
P4,958.41 |
P 11,569.61 |
2 |
Rear lower garnish |
P15,939.41 |
P4,781.82 |
P11,157.59 |
3 |
Exhaust pipe finisher |
P982.14 |
P294.64 |
P687.5 |
4 |
16-inch Modulo alloy wheel |
P10,535.71 |
P3,160.71 |
P7,375.00 |
5 |
Side step garnish cover |
P3,214.29 |
P964.29 |
P2,250.00 |
6 |
Running board |
P19,553.57 |
P5,866.07 |
P13,687.50 |
7 |
Side under spoiler |
P14,196.43 |
P4,258.93 |
P9,937.50 |
Moreover, HCPI reminded customers that the company has an existing partnership with AXA Philippines and BPI MS Insurance that offers preferential rates for comprehensive insurance to customers who will buy Honda Sensing-equipped models such as the all-new HR-V, all-new Civic, CR-V, Accord, and Civic Type R.
The insurance rates are as low as P2,119 per month. The year-long partnership is up to December 31, 2022.
Relatedly, the company is inviting everyone to visit its four-day display at the Glorietta Palm Drive Activity Center from July 7-10, 2022.
Photos from Honda Cars Philippines Inc.
Also read:
Honda Cars PH shares car care tips for rainy season
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