Toyota PH offers hassle-free car ownership with Balloon Payment Plus

It includes 28-percent lower monthly payment deals compared to regular financing.

In today’s time, buying a brand new car is relatively easier than ever with the new and attractive flexible payment schemes. Toyota Motor Philippines (TMP) is one of the car brands that continue to find ways to offer a more convenient car ownership experience.

Toyota Fortuner front view

Toyota Fortuner

With that being said, TMP launched its improved Balloon Payment Plus, a hassle-free financing option in partnership with Toyota Financial Services, which is available in all Toyota dealerships nationwide. It is redesigned to assist car buyers from start to finish to provide mobility for all.

There are three advantages under the Balloon Payment Plus, namely the lower monthly payments, prepaid periodic maintenance (PMM) service, and flexible end-of-loan term options.

Toyota Corolla Cross front view

Toyota Corolla Cross

Car buyers who will avail of the Balloon Payment Plus can benefit from as much as 28 percent lower monthly payments as compared to regular financing. Meanwhile, the improved financing option comes inclusive with stress-free car maintenance from the dealership where the vehicle is purchased.

Lastly, the flexible end-of-loan term options give the choice of whether a customer wants to keep the vehicle or replace it with other Toyota vehicles under the Balloon Payment Plus. These vehicles include the Corolla Cross, Fortuner, Hilux, Innova, and Rush.

Those who want to keep the vehicle after the loan term have to pay the lump sum amount that varies depending on the model and variant. On the other hand, customers who want to replace their vehicle can trade-in for a new one.

Toyota Philippines Balloon Payment Plus

An easier car ownership experience is offered to all

Here is the complete list of payment schemes under the Balloon Payment Plus:

Corolla Cross
Type of Financing	Finance lease
Downpayment	20 to 30 percent of the vehicle SRP
Model	Hybrid				G
Term	24 mos.	36 mos.	48 mos.	60 mos.	24 mos.	36 mos.	48 mos.	60 mos.
Lump Sum Amount (% from the vehicle price)	55%	42%	33%	30%	61%	48%	39%	36%

Fortuner
Type of Financing	Finance lease
Downpayment	20 to 30 percent of the vehicle SRP
Model	All variants
Term	24 mos.	36 mos.	48 mos.	60 mos.
Lump Sum Amount (% from the vehicle price)	67%	61%	55%	50%

Hilux
Type of Financing	Finance lease
Downpayment	20 to 30 percent of the vehicle SRP
Model	Conquest, G, E, J
Term	24 mos.	36 mos.	48 mos.	60 mos.
Lump Sum Amount (% from the vehicle price)	68%	63%	58%	52%

Innova
Type of Financing	Finance lease
Downpayment	20 to 30 percent of the vehicle SRP
Model	All variants
Term	24 mos.	36 mos.	48 mos.	60 mos.
Lump Sum Amount (% from the vehicle price)	64%	58%	53%	47%

Rush
Type of Financing	Finance lease
Downpayment	20 to 30 percent of the vehicle SRP
Model	All variants
Term	24 mos.	36 mos.	48 mos.	60 mos.
Lump Sum Amount (% from the vehicle price)	65%	59%	52%	45%

Take note, all the said deals for the five Toyota vehicles come with a maximum mileage requirement (PMS) of 20,000 km/year. The standard periodic maintenance includes the following:

Inclusive of free PMS of up to 60,000 km or three years
Costs outside the regular PMS will be shouldered by the customers
PMS beyond the mileage requirement will be paid by the customer

Discover more car deals by paying a visit at Philkotse.com.

Know more about Toyota Fortuner 2024

Toyota Fortuner 2024

The Toyota Fortuner 2023 sold in our market spans six five trim levels and 11 variants. Toyota Fortuner prices in the Philippines range from PHP 1,633,000 for the Fortuner G 2.4 M/T to PHP 2,509,000 for the flagship GR Sport 2.8 A/T. This midsize SUV spans two turbodiesel options, with most of the range equipped with a 6-speed automatic gearbox (6-speed manual for the base variant) as well as a 4x2 drivetrain (4x4 is available on the LTD trim and is standard on the GR Sport). The Fortuner brings a length of 4,795mm, a width of 1,855mm, and a height of 1,835mm on a 2,745mm wheelbase.

The lowest monthly installment starts at Php 19,683 for the G 2.4 4x2, with 60-month payment terms on a 50 percent downpayment. As a contender in the midsize SUV segment, the Toyota Fortuner faces off against a slew of rivals including the Mitsubishi Montero Sport, Nissan Terra, Ford Everest, Isuzu mu-X, and Foton Toplander.

₱ 1,736,000 - ₱ 2,595,000

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Rex Sanchez

Author

Rex Sanchez grew up in Saudi Arabia where he saw and got into the automotive scene. He started his career for an aviation company in the said region, writing about turbines and rotors which are later distributed for educational purposes. And now, he joined Philkotse.com as a staff writer. Currently, he is the youngest on the team and is more than ready to grow in the field.

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