Have you ever wanted to have your brand-new Toyota Wigo, but you can’t handle heavy monthly payments?
Toyota Motor Philippines said in a January 2023 press statement that you can bring home the Wigo 1.0 E M/T at just ₱6,256 a month through its Pay Light option, which requires a 50-percent downpayment and 60 months amortization.
The same financing plan means you can also have a Toyota Veloz 1.5 G CVT at ₱13,210 a month or a Toyota Rush E 1.5 M/T at ₱10,724 a month.
The Pay Light option is available with the Vios, Corolla Altis, Avanza, Raize, Innova, Fortuner, Hilux, and Hiace.
For those who can only put down a modest downpayment, TMP said you could get a new Toyota through the Pay Low option, where you put down 15 percent with 60 months amortization for the Vios, Corolla Altis, Rush, Innova, or Fortuner.
This payment option includes free one-year insurance and three-year registration with no chattel mortgage.
Put another way, the Innova 2.8 J M/T is available for only ₱178,650 downpayment, while the Fortuner 4x2 G M/T can be yours for a downpayment of just ₱265,500.
Finally, car buyers with money to burn can get significant discounts for a straight-cash purchase of a new Toyota. These include:
₱50,000 off for the Corolla Altis V and HEV
₱45,000 and ₱8,500 off for the Vios XLE CVT and XE CVT, respectively
₱10,000 off for all Rush variants
₱10,000 for the Lite Ace Pickup
Big trade-in rebates, free insurance
TMP said Toyota owners who want to move up to a larger Toyota model could get rebates when they trade-in at a Toyota dealership.
Customers receive ₱35,000 when they trade in their Wigo for a Vios or ₱30,000 when they trade in their Vios for the Raize G CVT. The rebate can also be used as a cash discount when customers purchase a participating model during the promo duration.
In addition, all variants of the Wigo and Veloz, along with select variants of the Vios, Corolla Altis, Innova, Hilux, Avanza, Rush, and Fortuner purchased from authorized Toyota dealers nationwide this month are entitled to free one-year comprehensive insurance provided by Toyota Insure.
The policy includes 24/7 Personal Accident Insurance, passenger auto personal accident insurance, 3-year comprehensive third-party liability, own damage, loss/theft, excess bodily injury, property damage, acts of nature, and emergency roadside assistance.
Finally, TMP said it would provide free periodic maintenance service (PMS) at up 20,000 km for every brand-new Vios, Corolla Altis, Raize, Avanza, Veloz, Rush, Innova, Fortuner, Hilux, and Hiace.
Customers may avail of the free PMS within 18 months from the vehicle's release date.
Meanwhile, Lite Ace owners can get a Fixed Periodic Maintenance Package of up to 40,000 km during the promo period. You will only need to pay ₱1,999 per service until their 40,000-km maintenance check.
All promos run from Jan. 1 to 31, 2023.
Do any of these deals tempt you to get a new Toyota?