Toyota Vios available with P8,700* monthly plan until end of January

Updated Jan 16, 2024

Same topic: Automotive Industry Updates

Also available are cash discounts, free insurance packages, and trade-in rebates. 

Toyota Motor Philippines (TMP) is meeting 2024 by launching a series of exciting deals for a variety of its car models. Called the “New Year Fun 2024” promo, it is available from all Toyota dealerships nationwide until January 31, 2024. 

You can drive home a Vios for as low as Php 8,776 this month (Vios G pictured)

One of the most enticing deals from this promo series is the pay low, pay light, and savings offers. Under these, one can drive home a Toyota Vios XE with a low monthly amortization of Php 8,776 under the pay light option, or a low downpayment of Php 116,1000 under the pay low option.

The pay-low option is also bundled with free insurance for the first year of ownership, free Land Transporation Office (LTO) registration, and free chattel mortgage at 60 months to pay via cash out. 

As a side note, TMP discontinued a bunch of Vios variants recently. This includes the Vios E, as well as the Vios GR-S. The latter was the previous top-spec model. As of January 2024, the new top-of-the-line trim of this sedan is the Vios G. 

The Toyota Wigo (G variant pictured)

Going back to the promo, the Toyota Wigo J can be bought for as low as Php 6,928 monthly. For the same model, it offers a low downpayment plan of Php 91,350. 

The biggest cash savings meanwhile, goes to the Fortuner at up to Php 180,000 slashed off its standard retail price. The Hilux pickup truck meanwhile, is offered with up to Php 120,000 in discounts depending on the variant. 

Other participating models with their respective pay low, pay light, and cash savings offers include the Vios, Corolla Altis, Avanza, Veloz, Rush, Raize, Innova, Lite Ace, and Corolla Cross. 

Another part of this promo is the trade-in rebate program. Those trading in their old Vios for a new Wigo, Innova, or Zenix (Q HEV not included) can get a Php 25,000 rebate. If one is opting to get the Fortuner or Hilux, they are also entitled to a Php 15,000 rebate. 

Attractive cash discounts are also available for several models like the Fortuner, Hilux, Zenix, and Innova, among others

Those who own a Wigo meanwhile, can trade it in for a Rush, Raize, Avanza, or Veloz and receive a Php 10,000 rebate. The aforementioned rebate values from this promo can also be used to purchase Toyota genuine accessories. 

Included in the promo are free insurance packages, extended warranty packages, and free periodic maintenance service packages. These vary in availability depending on the Toyota model one is getting, so do check out the official TMP website for more information. Or better yet, one can pay a visit to the nearest Toyota dealership. 

For more car news and automotive industry updates, keep it here on Philkotse

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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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