Honda sends love in the form of cash discounts, all-in DP

By Charles E. Buban Philippine Daily Inquirer February 05,2020

Planning to buy a new ride after seeing what auto makers are offering these past few weeks? Planning the perfect Valentine’s Day gift for you or your family, perhaps? Whatever the case, Honda Cars Philippines, Inc. (HCPI) has just announced its Drive to 2020 promo that covers some of its best-selling models.

HCPI, the automobile business unit of Honda in the Philippines, informed that all the offers for the Drive to 2020 promo are good until Feb. 29, 2020, and will cover select variants of the City, BR-V, Brio and CR-V (see table).

Moreover, the City 1.5 VX+ Navi CVT, the New BR-V 1.5 S CVT, and the All-New Brio 1.2 S MT are all available through a 10 percent special all-in, cash-out with payment terms of 36 months, to up to 60 months through BPI Family Savings Bank, RCBC, Security Bank Corp., China Bank Savings, and Bank of Commerce only.

On the other hand, the CR-V V Diesel 9AT is available through 15 percent or 20 percent low net cash out with payment terms of 36 months, to up to 60 months through BPI Family Savings Bank, RCBC, Security Bank Corp., East West Banking Corp., Philippine National Bank, Philippine Savings Bank, China Bank Savings, Bank of Commerce, Sterling Bank of Asia, Maybank Philippines Inc., BDO Unibank, Inc., United Coconut Planters Bank, and Robinsons Bank only.

HCPI informed that other financing promo option offers include a Free One Month Amortization, which is available for 60 months payment term only and the Low Monthly Amortization, which is available for 15 percent and 20 percent percent all-in downpayment for 36 months, to up to 60 months payment term.

All these offers will include free three-year LTO Registration and Chattel Mortgage fees. Free one year Comprehensive Insurance with Acts of Nature, is also available through select bank partners. To learn more about the latest news and promos, visit your nearest Honda dealership, or HCPI’s official website at www.hondaphil.com.

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