What is Vios Balloon Payment Plus?

Vios Balloon Payment Plus

The updated version of Toyota’s best-selling sedan has just been revealed last month. and Toyota Motor Philippines (TMP) is taking steps to make it even more affordable, thanks to its new Balloon Payment Plan Plus promo.

The Toyota Vios is the sole model from the local arm for the Japanese automotive brand with such deal, which is being offered under Toyota Financial Services Philippines (TFSP). Along with the package is free periodic maintenance service up to 20,000 kilometers, free one year insurance through Toyota Insure, and trade-in discounts with the Toyota Certified Used Vehicles (TCUV) Program.

But what is this Balloon Payment Plus that the local arm for the Japanese automotive brand is offering?

The in-house financial scheme reverses the usual payment structure, now that the lump sum will be paid at the end of the term. When you look at it, it is more like putting the down payment at the tail end of the pattern.

Such structure would simply help Filipinos get a Vios easier during these times wherein personal mobility is a must, as cases of COVID-19 continue to rise.

2020 Vios

TFSP President Atsushi Murakami noted the need for everyone to be smart when it comes to where to put hard-earned money.

“This plan will surely be helpful to most of our entry-level customers who suddenly find themselves tightening their belts now, but surely looks forward to better days ahead when this pandemic is over,” he explained.

“Some customers are afraid to take the risk of balloon scheme, as it is more commonly known, because they are not sure if they can pay the big amount at the end.  But our Vios Balloon Payment Plus is different.  We reduce that risk for customers by guaranteeing the future value of their vehicle. This makes sure that customers have an option to trade-in the vehicle at the dealer, enjoy a better value for car to pay for the lump sum at the end of the term and also use the difference for the down payment of the next car purchase,” Murakami added.

The 2020 Toyota Vios Balloon Payment Plus is given on the following terms: 

Applicable Model

2020 Toyota Vios

Type of Financing

TFS Finance Lease

Down Payment

20 – 30 % of vehicle price


Lump Sum Amount*

(% of the vehicle price) 

*subject to change


24 months

36 months

48 months

60 month





Monthly payment inclusion:

Standard Periodic Maintenance for the whole term up to 20,000 kilometers per year.

TFS Balloon Payment Plus Benefits:

  • Lower monthly payments compared to other banks
  • Worry-Free maintenance since the maintenance cost included in the monthly payments
  • Guaranteed future value
  • Flexible disposal with trade-in or pay-off options

“Because the Balloon Payment Plus is offered by Toyota Financial Services Philippines through Toyota Certified Used Vehicles (TCUV) Dealers and not just any bank or any used car shop, we ensure that vehicles are always in good condition, thus keeping a high resale value.  Our monthly plans, while already lower than traditional auto loans, also includes the periodic maintenance of the vehicle for the whole loan term,   We think this is a good option for customers who really need to manage their monthly expenses during this tough time,” Murakami ended.

For more information about the 2020 Vios Balloon Payment Plus, visit www.toyotafinancial.ph or inquire at your Toyota Certified Used Vehicle dealers at www.toyota.com.ph/toyota-certified-used-vehicles

Photos from Toyota Motor Philippines

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