MANILA: Toyota Motor Philippines (TMP) is offering flexible payment options, cash discounts, and rebates to its customers under its latest sales promotion.

In a statement, the company’s “Mid-Year Mega Deals” promo — which will cover various Toyota models — will be offered until June 30, 2024.

Per TMP, the Toyota Corolla Altis 1.8 G GR-S CVT can be had under the following options:

•  Downpayment as low as P195,300  under the Pay Low option (computation based on 15 percent-downpayment) with free insurance for the first year, free vehicle registration for three years and no chattel mortgage at 60 months payment terms.
• Monthly payment of P13,209 under the Pay Light option (50 percent downpayment at 60 months amortization). 

Meanwhile, the Toyota Yaris Cross S HEV is available for a downpayment of P240,600 under the Pay Low option, while the G CVT option is being retailed under a P13,220-monthly amortization under the Pay Light option.

Buyers of the Hilux 4x4 Conquest A/T can drive the vehicle home for a P310,800-downpayment under the Pay Low option, while those who will opt to pay straight cash will get to enjoy a P100,000-price slash.

The pick-up truck’s 4x2 J M/T variant is also available for a monthly payment of only P10,926 under the Pay Light option.

Relatedly, existing Raize, Veloz, Rush, and select variants of the Vios, Avanza, Innova, Fortuner, and Hilux are entitled to one free periodic maintenance service (PMS) this June.

According to TMP, clients may avail the free PMS within 24 months from the release date of the vehicle. The free PMS is valid up to the 20,000-kilometer (km) check-up.

All owners of the Toyota Lite Ace sold and released during the promo period also qualify for a fixed PMS of only P1,999 until the 40,000-km check-up.

Those who want to trade in their currently-owned Toyota units for a new one are bound to receive rebates.

Owners of an old Toyota Innova can trade it for a brand-new Hilux and get a P25,000 rebate while a P25,000-rebate awaits those who will trade in their old hybrid electric vehicle for a Zenix, Fortuner, or Veloz.

Clients who will upgrade from a Vios for a new Avanza will be given a P15,000-rebate while Wigo owners who will switch to a brand-new Rush will have a P10,000-rebate.

The aforementioned rebates may be used as cash discounts or to purchase genuine accessories.

Further, all brand-new Wigo, Veloz, and select variants of the Vios, Hilux, Avanza, Rush and Fortuner are also entitled to a free one-year comprehensive insurance under Toyota Insure — given that the unit is purchased from any authorized Toyota dealership nationwide.

The insurance covers 24/7 personal accident, passenger auto personal accident, three-year comprehensive third-party liability, own damage, loss/theft, excess bodily injury, property damage, acts of nature, and emergency roadside assistance.

Moreover, all brand-new Vios G, E, and XLE bought from authorized Toyota dealerships also get a warranty coverage of five years or 150,000 km — whichever comes first.

Photos from Toyota Motor Philippines, Juan Paulo Papa

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