Category: Toyota

Toyota offers Innova as sign of better times, again; announces promos for June

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Toyota Motors Philippines (TMP) put out a press statement about the Innova on the eve of Independence Day, shining some light on what their bestseller MPV might stand for during these times, and announcing promotional discounts and other buyer incentives on the model for June.

Car enthusiasts have jokingly observed how the Innova is inadvertently captured in almost every road photo posted on social media. Now, Toyota seems to take this in stride, elegantly spotlighting the reasons for the Innova’s ubiquity and associating these with the freedom of the road–a liberty, a part of our independence, that’s been temporarily hindered by the current health crisis.

They offer the following buyer incentives for this month:

  • All-in low down-payment cash-out of PhP192,750 for the practical Innova 2.8 E Diesel MT variant
  • Low monthly amortization of PhP12,373 for the 2.8 J Diesel MT variant
  • Savings of up to PhP40,000 on outright cash purchases of selected Innova variants

Press Statement by Toyota Motors Philippines (TMP), “Freedom to move: Reconnect and bond with the family,” 2021:

Share more stories and strengthen family bonding with the all-new Toyota Innova

Manila | June 11, 2021–The Filipino dream is to be able to provide for the family a comfortably better life. This includes being able to put a roof over their heads, quality education for the kids and all the good things that life has to offer, including travels. While 2020 temporarily put a pause on everyone’s dreams and plans, the rollout of vaccines has given many people hope that this year, 2021, will be the year to reclaim, build back and expand one’s horizons.

For a lot of Filipinos, this also means going back to the road whether to have a socially distant and safe visit to loved ones they haven’t seen in a while or a trip to unwind and relax. In fact, six out of ten Filipinos list down safe, family-friendly vacations as a top priority for this year . Traveling with the family certainly offers a lot of benefits from forming stronger family ties to creating new memories together.

What better way to pursue a better quality of life than with a partner like leading mobility company Toyota Motor Philippines? With the new Toyota Innova, Filipino families can look forward to a ride that balances ultimate comfort and sophistication, definitely worth spending for. After all, Filipino providers want nothing but the best for their loved ones. 

Comfort and safety first

The New Toyota Innova gives the family the ample space for everyone to bond comfortably. “Tightly knit family” is no longer just a word that happens at home but on the road as well – memories – quality time is shared, new memories are created, and new stories are abound. The new Toyota Innova’s interior upgrades take young children into consideration, giving them their dedicated second row captain seats (available in V Grade units) and a cup holder on the foldable seatback table to hold snacks and drinks in place. It can accommodate seven to eight passengers (depends on the variant), so the entire family enjoys the trip, regardless where they are seated.

The New Toyota Innova has ample space and new features that meet the needs of the entire family

The same desire to prioritize safety guided Toyota to build the new Innova. With a strong engine under its hood and built-in safety features, the vehicle gives both driver and passengers peace of mind while on the road. The seven SRS airbags (available in V Grade units) in the Innova ensure everyone in the vehicle is protected from harm. The anti-lock brake system (ABS), vehicle stability control (VSC), and hill-start assist control (HAC) allow for seamless and secure driving, be it on the expressway or the countryside. The reverse camera and clearance and back sonar features (available in V and G Grade units) guide the driver during parking and provide audible warning against road obstacles, respectively.

Style and safety neither need to be compromised for the other. The all-new Toyota Innova lets users have the freedom to move in style while being practical and safe. Its enhanced exterior design with the headlamps and front fog lamps in LED lights depicts versatility (available in V Grade units) . The interior creates a whole new luxurious experience courtesy of its ambient lighting (available in V and G Grade units), an upper glove box with cooling to keep beverages cool even on the go and a large luggage space to keep travel essentials.

What’s a road trip without the best playlist, right?  Thankfully, the Toyota Innova got that covered with an audio system that’s compatible with Apple CarPlay and Android Auto. Sing along with mama’s favorite classic 80s songs or ate’s pop hits for that instant car-aoke. The Toyota Innova makes every parent’s dream come true – a convenient and luxurious travel with the kids.

“Toyota Motor Philippines is committed to providing Filipino customers vehicles that are designed with their needs in mind. For Filipino families, the Toyota Innova makes the perfect choice. It’s designed and built to have space, comfort and safety, all things that parents would want for their family car. This is the perfect travel partner to help families strengthen their bond and connection in meaningful ways,” shares TMP Vice President for Marketing Services Elijah Marcial.

Families can take advantage of the following promos and perks this month:

  1. All-in Low Cash-out of PHP 192,750 for the 2.8 E Diesel MT variant
  2. Pay only PHP 12,372 per month for the 2.8 J Diesel MT variant.
  3. Save up to PHP 40,000 for outright cash transactions for select models.

Filipino craftsmanship with Japanese technology

Designed for families, the new Toyota Innova is powered by Japanese technology complemented with the best Filipino craftsmanship — a collaboration that ensures users get a mobility companion that is powerful and practical.

Toyota’s commitment to the Philippines has grown through the years. With more than 55,000 Filipinos employed in the 70 dealership networks across the country to the production operations, TMP is one with the country in working for a better life for all Filipinos. Toyota continuously strives to provide livelihood to the community by supporting its supply chain and eagerly promotes local production. With every Toyota vehicle built by Filipinos, owned by Filipinos and loved by Filipinos, Toyota builds not only ever-better cars but also an ever-better tomorrow for the entire nation.

Follow TMP’s official pages – Toyota Motor Philippines on Facebook and Instagram, toyota.com.ph, Twitter (ToyotaMotorPH), and Viber (Toyota PH) – for regular updates on products and services, dealer operations, announcements, and events. For safely distanced viewing, you may check out your preferred Toyota model and inquire online at toyota.com.ph/showroom, and choose your preferred dealership so they can revert to you on your product inquiry. Go to mytoyota.ph for your aftersales needs and service appointments.

Toyota advocates the Altis’ HEV drive technology for practical and sustainable emissions reduction

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In an official statement issued yesterday, Toyota Motors Philippines (TMP) recommended Hybrid Electric Vehicles (HEVs), particularly their new Corolla Altis Hybrid model, as practical and sustainable options for reducing fossil fuel emissions in the country. In the face of sparse fast-charging facilities, they emphasized how the Altis’ hybrid powerplant reflects the balance they had first struck with their iconic Prius back in 1997 when they did not assume such infrastructure to exist.

The Altis’ 2ZR-FXE hybrid powerplant (the same as on the Prius) mounts a 1.8liter engine with a more efficient but less punchy Atkinson cycle and mates this with an electromotor / generator that would kick in the additional torque needed for roll out and acceleration. Balancing weight and range, the Altis’ electromotor / generator draws power from a compact battery pack that recharges whenever the motor flips into generation mode working off some excess torque shunted from the engine when cruising or from the road wheels when braking.

Unlike Plug-in Hybrid Electric Vehicle (PHEV) and full Electric Vehicle (EV) systems, balanced HEVs like the Altis suffer no dependence on commercial charging stations to continue running with cleaner emissions … all these need are the conventional filling stations we already have to top off those fuel tanks.

Press Statement by Toyota Motors Philippines (TMP), “Ride to a sustainable future: Why the hybrid car delivers more value,” 2021:

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Technological advances in the auto industry now make it possible to drive a car with less impact to the environment.

Manila | May 31, 2021–Sustainable lifestyle is the catchphrase these days. As the effects of global warming hit close to home, more people are recycling, reducing waste and using eco-friendly products. In the Philippines, a study conducted by Kantar revealed that 75 percent of Filipinos are actively seeking alternative solutions to help save the environment.

Fortunately, technological developments in the auto industry make it possible to own a car nowadays while still being kind to the environment.

Driving with a better purpose

Knowing the importance of a more environmentally sustainable mode of transportation, Toyota has long been working on new and innovative ideas and technologies and in 2015, announced its long-term initiative, the Toyota Environmental Challenge 2050, which aims to achieve zero CO2 emissions and a net positive environmental impact. The six challenges initiated encompass Toyota’s entire operations, from the manufacture of new vehicles to plant emission, entire vehicle life cycle, water usage optimization, recycling technologies and systems, and connecting nature conservation activities.

Toyota’s global vision of reducing adverse environmental impacts aligns with the UN Sustainable Development Goals of Affordable and Clean Energy, Climate Action, Clean Water and Sanitation and Responsible Consumption and Production. Toyota envisions a sustainable world where automobiles and the environment are in harmony.

As it continues to strive to become the leading innovator of mobility, Toyota provides consumers with an alternative mobility solution through its hybrid cars.

Sophisticated design and mindful performance

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The Toyota Corolla Altis Hybrid offers many benefits to both users and the environment

Hybrid cars aren’t a new innovation. In fact, Toyota launched Toyota Prius in Japan in 1997 – the first mass-produced hybrid car in the world. It gained more popularity when it was introduced in the United States in 2000 attracting the interest of A-list celebrities.   The Toyota Corolla Altis is one of Toyota Motor Philippines’ latest generation of cars utilizing the hybrid system, which also comes at an affordable price.

Powered by a 16-valve 1.8L engine and an electric motor and delivering a maximum output of 97hp at 5,200rpm and a maximum torque of 142Nm at 3,600rpm, the Toyota Corolla Altis Hybrid automatically switches between driving modes seamlessly: conventional engine only, electric engine only, or combination of the two, depending on the road and driving conditions. The Continuously Variable transmission (CVT) complements the 1.8L engine to improve responsiveness and ensure a smoother and quieter ride.

The Toyota Corolla Altis Hybrid’s electric motor is ideal for city driving. When the battery is sufficiently charged, it automatically powers the vehicle to save fuel. During acceleration in an uphill driving, both the engine and battery supply power for optimum performance. The motor generator recovers the kinetic energy from braking, which recharges the hybrid battery.

Design-wise, the Toyota Corolla Altis is sleek and classy. It has a clean-cut look on the outside and an elegant feel on the inside. The compact sedan’s cabin is spacious, and features upgraded driving ergonomics that put emphasis on both functionality and comfort to make the ride more enjoyable. Developed under the Toyota New Global Architecture (TNGA) program, the Toyota Corolla Altis Hybrid is part of a family of vehicles that are made ever better. This innovative car-making approach changes the basic architecture of cars for an enhanced basic performance and overall product appeal. With optimized manufacturing and smart collaboration with suppliers and production sites, this initiative leads to a reduction in development resources and reinvestment of reserves.

Toyota’s latest hybrid offering also has the built-in Toyota Safety Sense – a proprietary safety feature designed to help protect drivers and passengers while on the road. The advanced features include Pre-Collision System, Automatic High Beams, Lane Tracing Assist, Lane Departure Alert, and Dynamic Radar Cruise Control functions to keep passengers safe.

The greener advantage

Fuel-efficient cars help the environment by reducing pollution and smog. The Toyota Corolla Altis Hybrid stands out with its dual-power ability, offering a greener advantage than the most fuel-efficient traditional or electric-powered vehicle.

With the Toyota Corolla Altis Hybrid’s self-charging electric battery, there’s no need to worry about the car running out of power or getting stranded. When the car’s battery runs low, it automatically switches to gas motor and goes on to charge the battery without needing to be plugged into an outlet. This makes for an added environmental benefit as there’s less need to charge and consume electricity. Plus, the hybrid battery comes with a 5-year warranty.

Consumers can have peace of mind knowing they can enjoy the freedom of mobility while also championing the environment with the Toyota Corolla Altis Hybrid.

Break’s over: Toyota racing school is back for Vios Cup 2021 season

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After a temporary halt in operations during the height of quarantine lockdown interruptions last year, the Toyota Racing School is back in business–this time as Toyota Gazoo Racing Academy Philippines and with dedicated 1:1 student-vehicle assignments. The reopening of the racing school is a precursor to Toyota resuming their Vios Cup one-make-race series this year.

Press Statement of Toyota Motors Philippines (TMP), “TOYOTA GAZOO Racing Academy PH is back in session, revs up for this year’s Vios Cup,” 2021:

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The TOYOTA GAZOO Racing Academy teaches the country’s aspiring racers and future professionals basic and advanced skills.

Manila, Philippines l May 24, 2021–Leading mobility company and motorsport supporter Toyota Motor Philippines (TMP) kicked off this year’s racing season with the reopening of the TOYOTA GAZOO Racing Academy Philippines (TGR Academy). With the goal of promoting the love for motorsport and continuously developing globally competitive Filipino racers , the academy welcomed a new set of drivers along with familiar faces in the racing industry.

Formerly known as the Toyota Racing School, the TGR Academy brings together motorsports enthusiasts in the country to jumpstart their journey in the exciting world of motorsports. The team of mentors and instructors is comprised of tenured racing trainers from the country with at least 10 years of experience on the track and former champions of the Toyota Vios Cup in the Philippines.

After a hiatus last year in compliance with public safety regulations, classes reopened starting with the Level 1: Basic Circuit Car Class, where future racers learn the basic skills and essential safety rules needed to properly drive a race car around the track. This class also tackles threshold braking, downshifting, racing line and track lapping. The theory lecture was conducted through a virtual webinar and supplemented by an on-ground training at the Clark International Speedway (CIS). The Level 2: Advance Circuit Class teaches racers eyeing a position on the podium of the upcoming Toyota Vios Cup 2021.

“We’ve had a year of break because of the pandemic, but we’re back and it’s going to be a very exciting season this year. We’ve got new drivers training already with us. So, we’re looking at about 30 cars on the grid at the [start of] season this year,” shared JP Tuason, TGR Academy instructor.

Reformatted racing school program

Unlike previous racing school classes, this year’s class no longer allows students to share the vehicle with other participants to ensure the health and safety of each racer. Registrations were done online and some parts of the race class were conducted through video conferencing. Students and staff were tested upon entering the circuit at CIS. A dedicated time slot for each batch of students was strictly followed and driving instructions were conducted through two-way radios. All equipment and vehicles were disinfected before every use.

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Motorsports enthusiasts get to feel the thrill behind the wheel at the Clark International Speedway.

“We’re really interested and we looked forward to this day when we can return to the track once again,” shares racing phenomenon Iñigo Anton, who participated in the Level 1 and Level 2 classes.

Working with the official One-Make-Race build of the Toyota Vios, the Level 2 students will be armed with advanced techniques and skills to make their way to the finish line. Students got the chance to have the feel of the competition through a mock race in the Level 2 race class.

Anton added, “Even though I’ve been racing for a long time, I still learn here. The classes and learnings made me a smoother and faster driver. It’s such a good program and hopefully, those people who are interested to join in racing, in general, would explore the program and start their journey here. It really teaches one all the things to know from being a beginner racer and as one progresses to the next level in racing.”

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Iñigo Anton gears up for this year’s TOYOTA GAZOO Racing Vios Cup.

Aleksa Meily, a racing neophyte also shared, “I enrolled in the TOYOTA GAZOO Racing Academy because I want to put my foot in the door in the world of racing. I was very inspired after watching Formula 1, and I thought why don’t I try it, instead of just watching in front of the screen.”

The TGR Academy is a great stepping stone for anyone interested in joining the TOYOTA GAZOO Racing Vios Cup, which is slated to be back this July. This season, TMP will introduce a new batch of racers as well and is bringing back the Super Sporting class, which will be joined by the country’s seasoned racers.

This year’s TOYOTA GAZOO Racing Vios Cup will be held in cooperation with Bridgestone, official fuel partner Petron, and supported by Motul. Other sponsors are ROTA, Brembo, Denso, AVT, 3M, Tuason Racing, and OMP. The TGR Academy will continue to serve as a starting point for Filipinos who wish to follow their racing ambitions or those who simply want to improve their driving and handling skills on the tracks. Watch out for TMP’s announcements on the next sessions of the TGR Academy.

Follow TMP’s official pages – Toyota Motor Philippines on Facebook and Instagram, toyota.com.ph, Twitter (ToyotaMotorPH), and Viber (Toyota PH) – for regular updates on products and services, dealer operations, announcements and events. Follow Toyota Gazoo Racing PH on Facebook and Instagram for motorsports-related news and updates.

Toyota explains how dealer services remain uninterrupted during the public health crisis

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In a public statement about their uninterrupted dealer services, Toyota Motors Philippines (TMP) cites Kaizen–the Japanese ethos for continuous improvement–as the impulse behind their swift adaptation to prevailing health crisis conditions.

TMP described how they continue to deliver key services in the following areas:

Easy-to-use online platforms for delivering safe convenient access–they explained how customers can do virtual visits via …

  • The MyToyota.ph website
  • TMP’s own online showroom
  • TMP dealers’ websites

Client-focused on-site services to meet changing customer needs–they enumerated flagship dealership Toyota Makati Inc.’s (TMI’s) best practices for providing uninterrupted on-site services …

  • Strict adherence to IATF health and safety protocols
  • Contact barriers, social distancing and a skeleton workforce
  • Walk-ins are accommodated but setting appointments for visits is encouraged

Providing safe, personal mobility–they affirmed how prevailing conditions compel them to sustain financial and after sales programs to keep delivering …

  • Toyota Financial Services’ low equity and low monthly payment plans
  • Affordable maintenance schemes

Guaranteed security and safety–they described how protection under their 3-year / 100,000km warranties and PMS schedules have been enhanced with pre-arranged vehicle-servicing house calls.

Service with a heart–they illustrated how prevailing conditions and a natural concern for customer needs compel them to push beyond typical scopes of work and, in one case, caused TMI to arrange delivery of a customer’s vehicle that had been stranded at the dealership by an untimely lockdown.

Press Statement by Toyota Motors Philippines (TMP), “Toyota dealerships remain ‘at your service’ amid the pandemic,” 2021:

Manila, Philippines | May 12, 2021–Kaizen, a Japanese term that means continuous improvement, is a Toyota philosophy that is innate to its entire network. This philosophy in mind is what keeps Toyota ready to quickly adapt to the changes brought about by the different quarantine protocols and shifting customer needs and buying behavior amid the COVID-19 pandemic.

Toyota Motor Philippines (TMP), the leading automotive company in the country, is taking a two-pronged approach to provide Filipinos with fast, reliable service while prioritizing safety for both customers and staff: While the company is accelerating its digital capabilities, on-site operations are enhanced to provide worry-free customer experience.

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Toyota Motor Philippines ensures to prioritize the safety of its clients and staff while delivering high-quality services through its onsite and online platforms.

Easy-to-use online platforms deliver safe, convenient access

As more Filipinos embrace online in their daily activities and transactions, Toyota has been proactive in developing digital access and shopping tools. MyToyota.ph, the TMP and respective dealers’ websites, and TMP’s virtual showroom all help vehicle owners and buyers with their needs from the comfort of their homes.

MyToyota.ph, launched in May last year, lets users conveniently set appointments, choose a dealer, select the service they need, and even make special requests for specific car needs.

The virtual showroom enables customers to have a better appreciation of the products in detail in the safety of their homes. Besides a 3D virtual tour with a 360-degree view of the showroom, this platform lets visitors explore the interior and exterior of the vehicles with just one click. Exploring different cars has never been easier as this virtual showroom is open 24/7.

Client-focused on-site services meet changing customer needs

While Toyota’s online services not only bring the brand closer to the users but also supplements their dealership operations, Lee Junia, General Manager of Toyota Makati (TMI), the first Toyota dealership in the Philippines believes that the business of selling cars cannot be purely inanimate. He shares some of the best practices TMI adapted as they do business as usual.

ISO safety-compliant TMI implements IATF health and safety protocols across its dealership network. Aside from required wearing of face mask and face shield, no-touch temperature scanners and alcohol dispensers can also be found everywhere inside the dealerships while clients and visitors are required to fill out a health declaration form through a QR code.

Junia admits that the level of engagement with clients is no longer as direct as it was pre-pandemic. Now there are protective barriers and 1 meter distancing for safety purposes. Skeleton workforce has also been enforced.

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Toyota dealers continue to deliver customer-centric services safely amid the pandemic.

“It’s a whole new ball game doing business in the new normal. I used to train the Marketing Professional to sit close to the customer to be able to engage or establish a relationship. That’s all out the door,” Junia remarked. “But despite the new challenges, we remain fully committed to providing our customers quality service from sales to maintenance while staying safe.”

While TMI accepts walk-in customers, he highly recommends setting an appointment with their Marketing Professionals prior to visiting the dealership. This way, clients are assured of a well-prepared staff to assist them with their needs including test drives when they visit.

TMI cleans and sanitizes all their vehicles including test drive models before the vehicles come in the branch and before it’s handed over to the customer. Test drives are available on a by appointment basis and only one customer may do the test drive accompanied by a TMI staff seated at the back to observe social distancing.

Junia assures clients that every service is available on-site from vehicle purchase to proper vehicle maintenance. To further assist clients’ inquiries and concerns online, TMI’s Customer Relations Department (CRD) are now maximizing social media as a business tool to touch base with customers.

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Toyota’s high level of engagement with customers is essential to better provide effective consultancy to its clients.

Providing Safe, Personal Mobility

Toyota’s focus has always been making car ownership as affordable as possible. Well aware of the financial challenges brought about by the pandemic, interested car buyers can avail of services offered by Toyota Financial Services PH.

“With Toyota’s various purchase programs such as low equity or low monthly payments depending on the kind of vehicle or payment method, people can acquire a car as easily as possible. We are able to create a package that will help customers especially during this time.” shared Junia.

Toyota also understands the importance of having a vehicle in tip top shape right now and offers the motoring public with affordable maintenance schemes.

Security and Safety Guaranteed

Toyota offers standard warranty of three years or a hundred thousand kilometers, whichever comes first. TMP also reminds car owners of their window of protection within the warranty period, and that having cars maintained in Toyota dealers is important. Following prescribed periodic maintenance schedule, which is usually every 5,000 kilometers or 3 to 4 months, is another sure-fire way to keep Toyota vehicles running smoothly.

As a newly implemented best practice for vehicle servicing, TMI technicians can go to the customer’s location serviced by van or motorcycle, and armed with all the parts and tools they need. For retail clients, a minimum of two technicians are sent as long as their residence allows entry; for fleet accounts at least three to four technicians on board. For parts, inquiries can be done online and arranged for delivery if necessary.

Service with a heart

Toyota tries to go beyond warranty and repair to serve customers better. When the lockdown was first imposed last year, a client’s car brought to the Makati dealership for oil change could not be released. Toyota Makati Inc. went out of its way to deliver the car to the client despite limited operational capacity. Worried the client might need the vehicle for emergencies since they have three senior citizens, the dealership’s General Manager Lee Junia himself delivered the car to the client’s home a few days after a request for vehicle release was sent.

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Toyota does service with a heart as they try to go beyond the usual in pursuit of providing safe and personal mobility to their customers.

TMI is just one of Toyota Motor Philippines’ wide network coverage of 70 dealers nationwide       ready to serve customers. Each Toyota dealership applies their own measures based on the current situation in their areas to serve their customers better. Nonetheless, Toyota through its dealerships offer the best products and services to address the varying needs of its customers. Dealerships operate at regular hours — 7AM to 5PM for service and 8AM to 5PM for vehicle sales – depending on each dealership’s local community guidelines. Customers are advised to keep in touch with the nearby dealership to know the specific guidelines implemented.

Follow TMP’s official pages – Toyota Motor Philippines on Facebook and Instagram, toyota.com.ph, Twitter (ToyotaMotorPH), and Viber (Toyota PH) – for regular updates on products and services, dealer operations, announcements, and events. For safely distanced viewing, check out Toyota models online at toyota.com.ph/showroom and inquire by choosing your preferred dealership. For after-sales needs and service appointments, MyToyota.ph is accessible online.

Toyota advocates mature financial resiliency for weathering the pandemic

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With a statement on distinguishing needs from desires in evaluating expenditures (full text included below), Toyota Motors Philippines (TMP) advocates the following for young professionals to weather the COVID-19 crisis:

  • Smart budgeting – TMP suggests ways for managing monthly expenses including the Toyota Financial Services’ Balloon Payment Plus promo for easing the burden of car ownership with lower down-payment and monthly amortization schedules.
  • Cautious spending – Toyota recommends circumspect shopping and remaining alert for consumer incentives like rebates and discounts as well as value-add programs such as their offer for free PMS, free insurance and extended warranty terms for the popular Vios sedan (see https://toyota.com.ph/promos/tomorrowstartstoday).
  • Active investing – They suggest being open to opportunities to acquire useful assets that make sense in light of reduced public services. For safer, more secure transport, Toyota points to their popular Vios compact sedan as a compelling personal vehicle investment. Among the few car models still assembled here, the Vios with its proven durability and high resale value is offered in a wide range of variants.

Press Statement by Toyota Motors Philippines (TMP), “Adulting in a Pandemic 101: Learning to differentiate needs from wants and making big-ticket decisions,” 2021:

Today’s challenging circumstances underscore the importance of proper financial management among millennials and Gen Zs.

Manila, Philippines l May 07, 2021: The global pandemic has caught everyone off-guard. While health and safety remains top priority,  staying afloat may be the biggest challenge of millennials and Gen Zs  young lives thus far. With many getting pay cuts or losing jobs, learning to manage personal finances as soon as possible is a large part of adulthood.

Pay-bills

Here are a few things young adults should ponder on and start doing even while in quarantine:

Learn Budgeting

Now is a good time to start a budget. Apply the 50-30-20 rule. Allocate 50% of income towards basic necessities, 30% for leisure and 20% towards financial goals. Take note of billing due dates and pay on time. Use an Excel spreadsheet, an app or even a pen and paper to keep track of expenses.

Look for ways to reduce monthly expenses. Whether that’s subscribing to only one streaming service, downgrading mobile postpaid plan or switching to prepaid or unplugging devices when not in use, the savings from these can go a long way towards improving one’s overall personal financial health.

Financing options such as Toyota Financial Services’ Balloon Payment Plus makes car ownership easier with lower down payment and monthly terms, already inclusive of periodic maintenance services. Such packages make spending lighter on the monthly budget, with guaranteed great resale value options by the end of the term.

Spend Wisely

The pandemic has made everyone’s future a little uncertain so it’s best to be cautious with spending. Distinguish between wants and needs.This applies to the 100 items in one’s online shopping cart. Think long and hard before hitting that checkout button.

When grocery shopping, assess the household’s current supplies and buy only enough for the whole family. Have a shopping list and stick to it as well.

Take advantage of cashbacks and rewards program. Plenty of companies nowadays offer cashback and rewards incentives for every purchase or for paying bills on time.

For big purchases, always go for value for money and explore available instalment plans to make payments lighter on the pocket. One is sure to get their money’s worth with Toyota Vios not only for being a quality and durable car, but also for its added value benefits such as free periodic maintenance service (PMS), extended warranty, or free car insurance.  Worried about shelling out a lot money? With Toyota’s myriad of available financing solutions from low downpayment schemes to discounts, owning the Vios is made as affordable as possible.

Start or Keep Investing

There are many forms of investment one can do even while in quarantine.

Building and diversifying financial investment portfolios is a good idea for young adults. With retirement decades away, not only is there more time to learn and recover from possible losses, investing can also help one achieve financial freedom earlier.

With work from home and less socializing still the norm, another investment worth considering is learning. Take up a new language. Read more books. Enroll in an online certification course. Investing in education is a great way to help increase one’s personal development and professional value.

Some big ticket items are also worth investing on during this period. With persisting limited transportations due to quarantine restrictions, having a car can provide more flexible mobility when traveling to work, the grocery store or running errands since there’s no need to queue in line, waiting for a ride. More importantly, Gen Zs and millennials can reduce their exposure to the virus by driving their own car. Experts advise to be at least 6 feet away from people but with public transportation, this may be more challenging to follow.

An excellent investment for first-time car owners looking for a safe and reliable mode of transportation, the Toyota Vios delivers performance that levels up the lifestyle. Recently named as the Most Reliable Car Brand for 2020 , Toyota offers more than what meets the eye. With an array of variants to choose from, the Toyota Vios is easy to maintain, has a spacious interior, and boasts an impressive engine performance that provides a driving experience that can withstand the knocks of daily errands. Depending on one’s goals, one can avail of the XE variant for that everyday practical car, or grab the recently launched Toyota Vios GR-S that comes with a track-ready aesthetic – both in its interior and exterior. And if along the line one is considering to upgrade, a Toyota vehicle has an impressive resale value – truly a bang for one’s buck.

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The Toyota Vios is proudly assembled by Filipino automotive makers in the Philippines. By choosing the Toyota Vios, one not only enjoy the perks of having a dependable car, but also help support the livelihood of fellow Filipinos working in the local automotive industry.

With enough patience and determination, one will get the hang of adulting with money and build a better, more secure future.

To know more about the Toyota Vios, please visit Toyota Motors Philippines’ website at https://toyota.com.ph/vios or explore the Toyota Virtual Showroom. To get real-time updates follow them on Facebook and Instagram.