Toyota‘s Balloon Payment Plus Plan aims to lessen the financial strain of vehicle owners.
Daily transportation is still essential amidst the pandemic, and as a way to help Filipino consumers manage their finances in these difficult times, Toyota introduces the Balloon Payment Plus Plan. It’s applicable to 2020 Vios variants starting July 27 through Toyota Financial Services.
Atsushi Murakami, Toyota Financial Services Philippines President, cites, “This plan will surely be helpful to most of our entry-level customers who suddenly find themselves tightening their belts now, but surely looks forward to better days ahead when this pandemic is over.”
“Some customers are afraid to take the risk of balloon scheme, as it is more commonly known, because they are not sure if they can pay the big amount at the end. But our Vios Balloon Payment Plus Plan is different. We reduce that risk for customers by guaranteeing the future value of their vehicle. This makes sure that customers have an option to trade-in the vehicle at the dealer, enjoy a better value for car to pay for the lump sum at the end of the term and also use the difference for the down payment of the next car purchase.”
It comes with a complete value for package plan including free periodic maintenance for the whole term up to 20,000km per year, lower monthly payments, guaranteed future value, flexible disposal with trade-in or pay-off options, and maintenance service.