Balloon Payment Plus compared to regular financing has a lower monthly payment, with standard periodic maintenance and end-of-term options.
Maximum loan amount is 80%.
Monthly payment includes Periodic Maintenance Services from Toyota Dealers for the whole finance term. Maintenance check-up is every 5,000km interval.
20,000 KM per year.
Periodic Maintenance Service beyond the mileage requirement will be paid by the customer.
The lump sum amount varies per model and term.
No, your selling/releasing dealer can only be your servicing dealer.
At the end of the term, you may sell your vehicle to your servicing dealer.
Yes, keeping the car in good condition will have an impact on its trade-in value.
Yes, you may still trade-in your vehicle. A dealer representative will assess and appraise your vehicle based on the actual trade-in value.
Balloon Payment Plus is a finance lease product, the vehicle is owned by Toyota Financial Services Philippines leased to the customer.
No, we do not allow the transfer of Regular financing to Balloon.
Customers may visit and apply to any of our 72 Dealerships Nationwide.
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.