Honda Cars Philippines, Inc. (HCPI) is offering cash discounts, low all-in downpayments, model upgrade, Petron fuel card and special all-in financing promos under their Race to Great Deals campaign running this month from the 1st to the 30th of June, 2021.
HCPI president Masahiko Nakamura says, “Honda aims to continuously be of service to the Filipino people through the various available exciting deals, special offers, and promos this June.”
Discounts
For up-front cash purchases, customers can avail of cash discounts on the latest models listed in the following table.
| Model/variant | Suggested retail price (in PHP) | Cash purchase discount (in PHP) |
| All-New City 1.5 S CVT –model year 2021 | 888,000 | 30,000 |
| BR-V 1.5 S CVT –model year 2021 | 1,038,000 | 60,000 |
| Brio 1.2 RS Black Top CVT –model year 2021 | 735,000 | 10,000 |
| Civic 1.8 E CVT –model year 2020 | 1,188,000 | 40,000 |
| CR-V S Diesel 9AT 7-seater –model year 2021 | 1,888,000 | 10,000 |
| Jazz 1.5 VX Navi CVT –model year 2021 | 1,000,000 | 20,000 |
| HR-V 1.8 RS Navi CVT –model year 2021 | 1,515,000 | 20,000 |
| Odyssey 2.4 EX-V Navi CVT –model year 2020 | 2,698,000 | 100,000 |
| Civic Type R 2.0L Turbo MT –model year 2019 | 3,180,000 | 180,000 |
Low downpayments
For purchases on installment, customers can avail of special or regular all-in low downpayments on the models listed below:
| Model/variant | Suggested retail price (in PHP) | Special or regular all-in downpayment (in PHP) |
| All-New City 1.5 S CVT –model year 2021 | 888,000 | 10,000 special DP |
| BR-V 1.5 S CVT –model year 2021 | 1,038,000 | 10,000 special DP |
| Brio 1.2 RS Black Top CVT –model year 2021 | 735,000 | 19,000 special DP |
| Civic 1.8 E CVT –model year 2020 | 1,188,000 | 50,000 regular DP |
| CR-V S Diesel 9AT 7-seater –model year 2021 | 1,888,000 | 120,000 regular DP |
| Jazz 1.5 VX Navi CVT –model year 2021 | 1,000,000 | 47,000 regular DP |
| HR-V 1.8 RS Navi CVT –model year 2021 | 1,515,000 | 83,000 regular DP |
Upgrade discounts
Under the Honda Upgrade Program, all current Honda automobile owners who purchase any variant of the All-New City sedan, the BR-V crossover SUV, the Civic sport sedan, the CR-V mid-size SUV and the HR-V crossover can avail of an additional PHP5,000 cash discount, and this on top of the cash discounts described above.
To avail of the discount, customers just need to establish current ownership of any Honda model by presenting to their selected Honda dealership: (1) two currently-valid government-issued IDs, (2) the latest LTO registration official receipt for the applicable vehicle, and (3) a duly-notarized deed of sale if the customer’s existing Honda automobile was purchased second-hand.
Petron fuel cards
All customers who purchase a Honda automobile this month will receive a free Petron-Honda Value Card that would earn the cardholder an additional PHP100 in credit for every 140 liters of gasoline or 200 liters of diesel fuel purchased per month from Petron filling stations.
With the Petron-Honda Value Card, cardholders could also avail of free towing and roadside assistance services as well as year-round personal accident insurance coverage.
Special financing
Special all-in financing with 10 percent downpayment and 36 to 60 month amortization schedules are offered this month through several partner banks as described in the table below.
| Partner banks | All-in program | Package inclusions | Downpayment percentage | Payment terms |
| – BPI Family Savings Bank – China Bank Savings – Bank of Commerce | Special all-in DP | – Free chattel mortgage – Free LTO registration | 10 percent | 36 to 60 months |
| – RCBC | Special all-in DP | – Free chattel mortgage – Free LTO registration – Free insurance | 10 percent | 36 to 60 months |
Furthermore, other promotional financing packages are offered by partner banks with low cash-out, low amortization levels, a free month’s amortization installment and 15 or 20 percent downpayment terms–all as described in the table below.
| Partner banks | All-in program | Package inclusions | Downpayment percentage | Payment terms |
| – RCBC – China Bank Savings | Low cash out | low monthly amortization | free one month amortization | – Free chattel mortgage – Free LTO registration – Free insurance | 15 and 20 percent | 36 to 60 months |
| – UCPB | Low cash out | low monthly amortization | free one month amortization | – Free chattel mortgage – Free LTO registration – Free insurance | 20 percent | 36 to 60 months |
| – Security Bank – BPI Family Savings Bank – Bank of Commerce – PNB – PSBank – Robinsons Bank | Low cash out | low monthly amortization | free one month amortization | – Free chattel mortgage – Free LTO registration | 10 percent | 36 to 60 months |
For selected partner banks, customers may submit their financing applications (subject to bank’s approval) through the Auto Loan page on the HCPI website.
For more information on Honda’s Race to Great Deals campaign promotions, visit the Honda Cars dealership nearest to you or access their online showroom at https://www.hondaphil.com.