Honda City, BR-V available with P10K downpayment this month

Looking to get a Honda soon? Then check this out.

If you’ve been mulling over getting a brand-new Honda, then these new promos under the new “Power Drive Deals” from Honda Cars Philippines, Inc. (HCPI) might get you to take the final plunge.

A picture of the Honda City Hatchback RS

Honda's Power Drive Deals might convince you to finally get the new car you want

Running from July 1 to 31, 2022, the said month-long promo offers plenty of options for would-be buyers. This includes cash discounts, low all-in dowpayment, low monthly amortizations, flexible financing options, and many other offerings.

For starters, one can drive home a Honda City S 1.5 CVT for as low as Php 17,340 monthly. Or if one prefers, it can also be had via a low all-in downpayment of Php 10,000. It is also available with a promo discount of Php 35,000.

That’s just a taste of what this new series of promos from Honda is offering. So to give you a better picture of all the promos for Honda models via the Power Drive Deals, here’s a table:

Model variant	SRP	Special and regular low all-in DP for as low as	Low monthly for as low as	Promo discount
2022 City 1.5 S CVT	Php 938,000	Php 10,000	Php 17,340	Php 35,000
2022 BR-V 1.5 S CVT	Php 1,058,000	Php 10,000	Php 19,558	Php 60,000
2022 Brio 1.2 CV CVT	Php 742,000	Php 18,000	Php 13,717	Php 10,000
2022 Civic S Turbo Honda Sensing	Php 1,368,000	**Php 71,000	Php 25,289	Php 25,000
2022 CR-V S Diesel Honda Sensing	Php 1,968,000	**Php 97,000	Php 36,380	Php 35,000
2022 City Hatchback RS CVT	Php 1,138,000	**Php 55,000	Php 21,037	Php 20,000
2022 Accord EL Turbo Honda Sensing Php	2,350,000	-	-	Php 60,000
2022 HR-V V Turbo Honda Sensing	Php 1,598,000	**Php 105,000	Php 29,541	-

Of note, the special low all-in downpayment is based on a 10 percent downpayment. The regular low-all-in downpayment, as indicated by the “**”, is based on a 15 percent downpayment. The low monthly amortization figures on the table meanwhile are based on 20 percent downpayment with a 60-month payment term.

A picture of the Honda Civic S

The Civic S Turbo is included in the Power Deals Promo

For select models, Honda is also offering flexible financing options depending on the bank. Here’s a table if one opts for the 15 percent and 20 percent all-in downpayment offers:

Bank Partner	All-in Program	All-in package	DP Percentage	Payment terms
RCBC	-Low cash-out -Low monthly -Free one month amortization	-Free chattel mortgage -Free LTO registration -Free insurance	15% and 20%	36-60 months (For Maybank, the free insurance is available for those getting the 60-month payment term)
China Bank Savings
BDO			20%
Maybank
Security Bank		-Free chattel mortage -Free LTO Registration
BPI			15% and 20%
East West Bank
Bank of Commerce
PNB
PSBank
Robinsons Bank

Here are Honda’s banking partners for those planning to get a select Honda model with a 10 percent downpayment:

Bank partner	Special all-in program	All-in package	DP Percentage	Payment terms
BPI	Special all-in DP	-Free chattel mortgage -Free LTO Registration	10%	36-60 months
China Bank Savings
Bank of Commerce
RCBC		-Free chattel mortgage -Free LTO Registration -Free Insurance

Apart from those offers, a Honda model equipped with the Honda Sensing driver assist suite may also get an attractive insurance package. This comes via a partnership between BPI MS Insurance and AXA Philippines, and the preferential rates for this offer can be had for as low as Php 2,119 per month for 12 months.

A picture of the Honda HR-V V

Likewise, the all-new Honda HR-V V Turbo is among the select models for this promo

For more information regarding the Honda Power Drive Deals, one can also visit the official Honda website or any of their social media pages. Also, the said promos are available nationwide, and one can also visit any of Honda’s 37 authorized dealerships spread around the Philippines for more details.

Catch more car news and the latest promos here on the Philippines’ largest automotive portal.

Know more about Honda Brio 2024

Honda Brio 2024

The 2024 Honda Brio is the Japanese automaker's entry into the local hatchback segment. It is considered to be the small hatchback option with a price ranging from Php 735,000 to Php 863,000. The small hatchback is regarded as the entry-level vehicle of the Japanese carmaker. It is available in four variants, including a Black Top option for the top-of-the-line RS variant.

Under the hood, a 1.2-liter i-VTEC gasoline engine is standard across the range, delivering 89 hp and 110 Nm of torque. Depending on the variant, the engine can be paired to either a 5-speed manual or an Earth Dreams continuously variable transmission (CVT). The Brio Philippines offers dimensions that span 3,798 mm in length, 1,682 mm in width, and 1,487 mm in height. The RS trim gets is a bit longer at 3,811mm. Rivals in the hatchback segment include the Toyota Wigo, Kia Picanto, and Suzuki Swift.

₱ 735,000 - ₱ 863,000

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Cesar G.B. Miguel

Author

Cesar Guiderone B. Miguel was born and raised in Iligan City, Lanao Del Norte. He graduated in 2010 with a Bachelor of Arts in English degree from Mindanao State University - Iligan Institute of Technology. He previously worked as a freelance writer for various websites, as a member of the Iligan City Disaster Risk Reduction Management's training staff, and as a medical sales representative.

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