Unlike Toyota or Ford, Honda Cars did not really have an established presence in the Philippines until it officially started operations on October 1990.
This month, Honda Cars Philippines Inc. (HCPI) is celebrating 33 years in the country with a variety of awesome deals from Oct. 1 to 31, 2023.
These include a 10-percent, all-in downpayment of as low as ₱10,000 for the highly popular 2023 Honda BR-V VX with Honda SENSING, which is the only vehicle in its class to feature active-safety assists like Adaptive Cruise Control and Lane Keep Assist.
In fact, you can even bring home a brand-new Honda Brio with an all-in downpayment of as low as ₱10,000. And that same amount of money can put you behind the wheel of a Honda City S or V variant, which both come standard with Honda SENSING.
Here’s the full list of models under HCPI’s special all-in downpayment scheme, which is available for 36 to 60-month installments. This financing program is available through bank partners BPI, RCBC, China Bank Savings and Bank of Commerce.
Model | Variant | Special Financing | |
SRP | 10% all-in DP | ||
City | 1.5 E CVT | 973,000 | 28,000 |
1.5 S CVT | 998,000 | 10,000 | |
1.5 V CVT | 1,073,000 | 10,000 | |
1.5 V CVT, Platinum White Pearl | 1,093,000 | 10,000 | |
1.5 RS CVT | 1,128,000 | 19,000 | |
1.5 RS CVT, Platinum White Pearl | 1,148,000 | 19,000 | |
BR-V | 1.5 S MT | 1,090,000 | 20,000 |
1.5 S CVT | 1,150,000 | 10,000 | |
1.5 V CVT | 1,295,000 | 10,000 | |
1.5 V CVT (Premium Opal White Silver Pearl) | 1,315,000 | 10,000 | |
1.5 VX CVT Honda SENSING | 1,390,000 | 10,000 | |
1.5 VX CVT Honda SENSING (Premium Opal White Silver Pearl) | 1,410,000 | 10,000 | |
Brio | 1.2 S MT | 735,000 | 10,000 |
1.2 V CVT | 827,000 | 10,000 | |
1.2 RS CVT | 853,000 | 10,000 | |
1.2 RS CVT (Stellar Diamond Pearl) | 873,000 | 10,000 | |
1.2 RS Black Top CVT | 863,000 | 10,000 | |
1.2 RS Black Top CVT (Stellar Diamond Pearl) | 883,000 | 10,000 |
Speaking of the City, HCPI announced that it is offering special insurance packages for those who buy the subcompact sedan.
The terms include:
Insurance Partner | Special Insurance Package | |
Standard Insurance | WAIVED ₱2,000 Deductible on 1st Claim | |
MAA | WAIVED ₱2,000 Deductible on 1st Claim | |
Increased FREE Auto-Personal Accident cover to ₱100,000 per seat up to legal seating capacity | ||
AXA Philippines | UPGRADED Personal Accident coverage/person | Accidental Death: ₱100,000 |
Permanent Disability: ₱100,000 | ||
Medical Reimbursement: ₱10,000 | ||
Accidental Burial Expense Benefit: ₱10,000 | ||
Area of Cover: Even outside the unit (driver only) |
You read that right – HCPI is offering a way for you to have your dream Honda that includes skipping two months of monthly payments.
The company’s Free 2-Months Monthly Amortization scheme applies only to those who put down a fixed 20-percent downpayment with a 60-month payment term. Covered models include:
City
S Honda SENSING
V Honda SENSING
BR-V
VX Honda SENSING
Brio
S MT
V CVT
For those who want ultra-low amortization, HCPI is offering payment schemes of as long as 84 months (or seven years) for those who put down a 20-percent downpayment.
The Extended Loan Term Program, which is being offered in partnership with BPI, applies to the following models:
Model | Loan Term (No. of months) | SRP | Promo Discount | Monthly Amortization |
Brio V | 60 | 827,000 | 25,000 | 16,974 |
72 | 14,145 | |||
City S | 60 | 998,000 | 50,000 | 20,484 |
80 | 15,363 | |||
BR-V S | 72 | 1,090,000 | 20,000 | 19,777 |
84 | 17,994 |
HCPI recently announced that stocks of the very stylish Honda HR-V crossover have normalized.
In line with this, the Japanese carmaker announced that it is offering a flexible financing program for those who put down a 20-percent downpayment. The terms include:
Variant | SRP | Special Financing | ||
Promo | 15% all-In Downpayment | Monthly as low as | ||
S CVT Honda SENSING | 1,389,000 | 15,000 | 91,000 | 25,677 |
V Turbo CVT Honda SENSING | 1,649,000 | 20,000 | 101,000 | 30,483 |
RS Turbo CVT Honda SENSING | 1,739,000 | 15,000 | 109,000 | 32,147 |
For more excitement, HCPI said potential buyers can head to the Honda Fest from Oct. 20 to 22, 2023 at the Glorietta Activity Center. This is the carmaker’s 33rd-anniversary thanksgiving event for all customers and the motoring public.
Which Honda would you like to buy with these promos?
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