You read that headline right – a Toyota Raize for as little as PhP 10,110 a month.

Toyota Motor Philippines (TMP) announced in a press statement that it is offering a wide range of promos for its popular subcompact crossover throughout November 2022.

Those who get the company’s “Pay Light” option, where you give a 50-percent downpayment and pay the balance for 60 months, can get that low amortization for a Raize G CVT.

If you need seven seats, TMP said a Veloz G CVT under the “Pay Light” option can be yours for PhP 13,210 a month, while a base-model Innova J manual is PhP 12,787 under the same promo.

Meanwhile, those who need a bigger or tougher Toyota can get a Hilux 4x2 J for as low as PhP 10,709 a month or a Hiace Commuter Deluxe for PhP 18,930 a month.

Get money back for trading in

TMP said if you currently own a Toyota and want to upgrade to a new Toyota, you can also get a rebate.

A PhP 35,000 rebate awaits buyers who trade in their Wigo for a Vios or upgrade from a Vios to an Innova. You can also get a PhP 20,000 rebate when you switch from a Vios to an Avanza, Veloz or Raize Turbo. 

The company added that you can also use the trade-in rebate to buy original Toyota accessories instead.

And if you’re still the sort of buyer who pays for their new cars in full, TMP said it also has promos for you.

The carmaker said you can bag up to PhP 45,000 in discounts for a Toyota Vios XLE CVT, while buyers of the larger Corolla Altis can save up to Php 50,000.

Free insurance and PMS

TMP also announced that all variants of the Wigo and Veloz, along with selected variants of the Vios, Altis, Innova, Hilux, Avanza, Rush and Fortuner, are entitled to free one-year comprehensive insurance provided by Toyota Insure. 

The policy includes: 

• 24/7 personal accident insurance

• Passenger auto personal accident insurance

• Three-year compulsory third-party liability

• Own damage 

• Loss/theft

• Excess bodily injury 

• Property damage

• Acts of nature 

• Emergency roadside assistance

In addition, customers who buy a brand-new Toyota Vios, Corolla Altis, Raize, Avanza, Veloz, Rush, Innova, Fortuner, Hilux or Hiace within the promo period get free Periodic Maintenance Service (PMS) at up to 20,000 kilometers.

And for brand-new Lite Ace owners, TMP said you can get a fixed PMS package until the promo period. You only need to PhP 1,999 per service until your 40,000-kilometer maintenance check. 

Tempted to get a new Toyota before the holidays?