Honda launches summer promo for BR-V, select models

Honda promo

Honda Cars Philippines, Inc. (HCPI) announced that it has recently launched promotions for select models that include the BR-V.

KEY TAKEAWAYS

  • What are the promotions that Honda Cars Philippines launched recently?

    Honda Cars Philippines launched the Great Deals Under the Sun and the Summer Drive with BR-V promo.
  • What powers the Honda BR-V?

    The vehicle has a 1.5-liter i-VTEC power mill matched to a Continuous Variable Transmission.
  • In a statement, the Japanese automaker’s local distributor said that it now has  Summer Drive with BR-V  and the Great Deals Under the Sun.

    Under the Summer Drive with BR-V promo, HCPI, those who would like to buy a 2022 BR-V 1.5 S CVT may get them through the following deals:

    • Promo discount of P60,000
    • Special all-in down payment as low as P10,000
    • Monthly amortization as low as P19,374

    Honda Cars Bacoor

    On top of the exciting offers for the month, the Summer Drive with BR-V promo will give BR-V buyers exclusive treats:

    • Free one-year periodic maintenance Service (PMS) voucher which will be given to the customer upon the release of their unit. The offer is valid until May 31, 2022, but customers have until June 30, 2022 for their unit to be released to avail the PMS voucher.
    • Up to 30-percent discount on BR-V accessories until May 31, 2022. Discounted parts are as follows:

    Description

    Suggested retail price without value added tax

    Discount

    Discounted retail price

    Front lower garnish

    P16,528.02

    P4,958.41

    P11,569.61

    Rear lower garnish

    P15,939.41

    P4,781.82

    P11,157.59

    Exhaust pipe finisher

    P982.14

    P294.64

    P687.50

    16-inch Modulo Alloy wheels

    P10,535.71

    P3,160.71

    P7,375

    Side-step garnish cover

    P3,214.29

    P964.29

    P2,250

    Running board

    P19,553.57

    P5,866.07

    P13,687.50

    Cargo tray

    P3,035.71

    P910.71

    P2,125

    The Honda BR-V is equipped with a 1.5-liter i-VTEC engine matched to a Continuous Variable Transmission (CVT). The nameplate also received a five-star rating in the New Car Assessment Program for Southeast Asian Countries (ASEAN NCAP) Adult Occupancy Protection (AOP) category.

    Meanwhile, the company is also dishing out cash discounts and flexible financing terms under the “Great Deals Under the Sun” promotion.

    Below are the follow models and their respective discounts:

    MODEL VARIANT

    Suggested Retail Price

    Promo Discount

    2022 City 1.5 S CVT

    P899,000

    P30,000

    2022 BR-V 1.5 S CVT

    P1.048 million

    P60,000

    2022 Brio 1.2 V CVT

    P680,000

    P10,000

    2022 CR-V S Diesel 9AT Honda SENSING (7-Seater)

    P1.888 million

    P30,000

    2022 All-new City Hatchback 1.5 RS CVT

    PHP 1.125 million

    P20,000

    2022 Accord 1.5 EL Turbo CVT Honda SENSING

    P2.35 million

    P60,000

    Those who will opt for low all-in down payment or low monthly amortization may check the table below:

    MODEL VARIANT

    Suggested Retail Price

    *Special and **Regular Low All-in Down payment for as low as

    ***Low Monthly Amortization for as low as

    2022 City 1.5 S CVT

    P899,000

    *P10,000

    P16,619

    2022 BR-V 1.5 S CVT

    P1.048 million

    *P10,000

    P19,374

    2022 Brio 1.2 V CVT

    P680,000

    *P18,000

    P12,571

    2022 All-New Civic V Turbo Honda Sensing

    P1.498 million

    **P100,000

    P27,692

    2022 CR-V S Diesel 9AT Honda Sensing (seven-seater)

    P1.888 million

    **P99,000

    P34,901

    2022 All-new City Hatchback 1.5 RS CVT

    P1.125 million

    **P54,000

    P20,797

    2022 All-new HR-V V Turbo Honda Sensing

    P1.598 million

    P105,000

    P29,541

    HCPI shared that the computation for the special low all-in down payment is based on 10-percent down payment term while the regular low all-in down payment, on 15-percent down payment.

    The low monthly amortization is computed on a 20-percent down payment at 60-month term.

    Meanwhile, Honda’s local automotive arm created a special, all-in financing program applicable for 10-percent down payment with 36-60 months payment terms on select models:

    BANK PARTNER

    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
    - Free vehicle registration

    10 percent

    36-60 months

    China Bank Savings

    Bank of Commerce

    Rizal Commercial Banking Corporation (RCBC)

    - Free chattel mortgage
    - Free vehicle registration
    - Free insurance

    Moreover, customers are also entitled to different financing offers such as low cash-out, low monthly amortization, free one month amortization at 15 percent, and 20-percent all-in down payment offers with the following bank partners:

    Updated Bank Partner Matrix

    All-in Program

    All-in package

    Down payment Percentage

    Payment Term

    RCBC

    - Low Cash-Out
    - Low Monthly Amortization
    - Free One Month Amortization

    - Free chattel mortgage
    - Free vehicle registration
    - Free insurance *

    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

    - Free vehicle registration

    BPI

    15 and 20 percent

    East West Bank

    Bank of Commerce

    Philippine National Bank

    Philippine Savings Bank (PSBank)

    Robinsons Bank

    Customers may submit their bank loan applications online at www.hondaphil.com via the auto loan link page for select bank partners. The application is subject to the preferred bank’s approval.

    Relatedly, HCPI reiterated that it has the Honda Sensing Insurance Partnership Program that gives preferential rates as low as P2,346 per month for comprehensive insurance to customers who will purchase Honda models equipped with the Honda Sensing.

    HCPI's year-long partnership with AXA Philippines and BPI MS Insurance is until December 31, 2022.

    Photos from Honda Cars Philippines, Inc.

    Also read:

    Honda Cars PH offers free one year periodic maintenance, cash discount on BR-V

    Honda Cars PH, BPI offers special discounts on BR-V, City for December

    Top 6 Reasons to Buy the Honda BR-V

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