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Toyota Balloon Payment Plus | Toyota Makati Inc.

Toyota Balloon Payment Plus

What is Balloon Payment Plus?

Balloon Payment Plus is a unique finance lease product from Toyota Financial Services that lets customers enjoy low monthly payments inclusive of periodic maintenance for the whole finance term and convenient end-of-term options

How does it work?

What are the available models?

RUSH
RUSH

ALL VARIANTS
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COROLLA CROSS
COROLLA CROSS

ALL VARIANTS
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FORTUNER
FORTUNER

ALL VARIANTS
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HILUX
HILUX

GR-S, Conquest, G, E, J
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INNOVA
INNOVA

ALL VARIANTS
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What are the requirements?

Accomplished and signed Application Form

1 Valid Government ID

Proof of Income or Other Supporting Documents

BALLOON PAYMENT PLUS

Frequently Asked Questions

What is the difference between Balloon Payment Plus compared to regular financing?

Balloon Payment Plus compared to regular financing has a lower monthly payment, with standard periodic maintenance and end-of-term options.

How much can I borrow?

Maximum loan amount is 80%.

What is the package inclusion?

Monthly payment includes Periodic Maintenance Services from Toyota Dealers for the whole finance term. Maintenance check-up is every 5,000km interval.

What is the maximum mileage requirement for periodic maintenance?

20,000 KM per year.

What happens if I exceeded the maximum mileage requirement?

Periodic Maintenance Service beyond the mileage requirement will be paid by the customer.

How much is the lump sum amount?

The lump sum amount varies per model and term.

Can I change my servicing dealer?

No, your selling/releasing dealer can only be your servicing dealer.

Where can I trade-in vehicle?

At the end of the term, you may sell your vehicle to your servicing dealer.

Do I have to keep the car in good condition?

Yes, keeping the car in good condition will have an impact on its trade-in value.

If there is a lot of damage, can I still trade in the vehicle?

Yes, you may still trade-in your vehicle. A dealer representative will assess and appraise your vehicle based on the actual trade-in value.

Do I own the car? Is this a lease?

Balloon Payment Plus is a finance lease product, the vehicle is owned by Toyota Financial Services Philippines leased to the customer.

Can I transfer my existing regular financing to Balloon?

No, we do not allow the transfer of Regular financing to Balloon.

How can I apply?

Customers may visit and apply to any of our 72 Dealerships Nationwide.

Can I cancel my booking or reservation?

Yes, member may cancel their booking through the myTOYOTA Drive PH website. Just Log-in to account and go to “Members’ Area” then click “My Reservations” then click “Revoke” for the reservation you wish to cancel. Please remember that if booking is cancelled within 24 hours from the scheduled booking, TMP will charge a cancellation fee of 50% of the pre-payment fee.