Here's how Toyota PH's new Balloon Payment Plus works for 2020 Vios

Updated Sep 29, 2020 | Same topic: Automotive Industry Updates

This could be your head start in owning the new Vios.

Toyota Financial Services Philippines (TFSPH) has come up with another way to provide excellent customer service during these trying times by launching a new Balloon Payment Plus for the 2020 Toyota Vios.

The 2020 Toyota Vios is the only model in the current Toyota lineup that comes with a complete value package of flexible terms through TFSPH.

>>> Related: Facelifted 2020 Toyota Vios debuts: Level up the bestseller

Balloon Payment Plus available for the 2020 Toyota Vios ad

Balloon Payment Plus available for the 2020 Toyota Vios

The package includes free periodic maintenance service up to 20,000 kilometers, free one-year insurance through Toyota Insure, as well as trade-in discounts with the Toyota Certified Used Vehicles (TCUV) program.

The Balloon Payment Plus was first announced by Toyota Motor Philippines (TMP) during the virtual launch of the Toyota Vios. The said payment plan is introduced by TMP as its way of making vehicle ownership possible especially during the time of the COVID-19 pandemic.

As such, TFSPH President Atsushi Murakami reassured customers that the new Balloon Payment Plus for the 2020 Vios is different from the usual payment schemes. He added that the new Balloon Payment Plus will make the monthly payment lighter, as well as the lump sum amount to be paid at the end of the term.

>>> Related: 2020 Toyota Vios available via leasing, flexible payment plan with PMS

The new 2020 Toyota Vios

The new Toyota Vios

Here are the terms enclosed in the 2020 Toyota Vios Balloon Payment Plus:

Applicable Model
Type of Financing
TFS Finance Lease
Down Payment
20 – 30 percent of the vehicle price
Terms
Lump-Sum Amount*
(% of the vehicle price)
*Subject to change
24 months
36 months
48 months
60 months
45%
40%
35%
30%

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 with 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,” concluded Mr. Mukari

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Know more about Toyota Vios 2021

Toyota Vios

<p><a href="https://philkotse.com/toyota-philippines-price-list" title="Toyota Philippines">Toyota Motor Philippines</a> introduced the Toyota Vios in 2002. This subcompact sedan is made at Toyota&#39;s plant in Santa Rosa, Laguna. Currently, the Philippine-spec Toyota Vios is offered in nine variants. Prices for the Toyota-made sedan ranges from Php 681,000 to Php 1,020,000. The Toyota Vios subcompact sedan gets two engine options, two transmission options, and a whole host of comfort and safety features. The said model is also available in a wide range of color options. This includes Black, Red Mica, Pearl White, Thermalyte, Blackish Red, Alumina Jade, Freedom White, Grayish Blue, and Super Red.</p>

From ₱681,000

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Rex Sanchez

Rex Sanchez

Author

Rex started off his career in the aviation industry before entering Philkotse as a staff writer. Two things excite him the most: first is staying up to speed with the latest news in the industry that uses engines as their heart and soul. The second is imparting them in a well-detailed manner. His passion for anything with wheels started when he was young – from Tamiyas to family-friendly sedans, and anything in between.

Someday, Rex only wishes to drive on random highways with friends in a third-gen Mitsubishi Delica with aftermarket sunroofs, if he couldn’t get the Starwagon Super Exceed edition.

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