In what could be the clearest sign of the refreshed Civic’s Philippine arrival, Honda Cars Philippines has upped the discount on its compact sedan until August 31, 2024.
With Honda’s Drive in Style, the Japanese carmaker is now throwing a P 200,000 discount for the Civic V Turbo. This drops its showroom price to just P 1,383,000 (from P 1,583,000).
Financing customers, meanwhile, can opt for a special 15 percent all-in down payment (P 10,000) or 20 percent (P 16,000). Low monthly amortization of just P 29,263 is also available.
The Civic V Turbo packs a turbocharged 1.5-liter putting out a stout 178 horsepower and 240 Nm of torque. While it’s renown for power, it’s also quite economical achieving up to 21.43 km/L on a fuel economy run conducted with the Automobile Association of the Philippines.
In addition, it’s been cited for its safety. Named Best Sedan in Overall Safety Performance at the 2024 ASEAN New Car Assessment Program, it comes with Honda Sensing as standard. The ADAS fitted to the Civic unlocks features such as Collision Mitigation Braking System (CMBS), Adaptive Cruise Control (ACC), Lane Keeping Assist System (LKAS), Low Speed Follow (LSF), Road Departure Mitigation with Lane Departure Warning (RDM with LDW), Auto High Beam (AHB), and Lead Car Departure Notification (LCDN).
For those who want the same turbocharged performance, but in a SUV or crossover body, Honda is also giving a P 150,000 discount for the CR-V V Turbo CVT this month. The same goes for the HR-V V Turbo CVT which has a P 80,000 discount when taking advantage of the special all-in down payment (20 percent at P 134,000). Meanwhile, for the BR-V, the BR-V 1.5 S CVT has a special 10 percent all-in down payment at only P 10,000.
Honda Cars Philippines is also continuing its Honda Upgrade Program this month. On top of the offers, current Honda owners enjoy anywhere between P 5,000 to P 10,000 in additional discounts thanks to their loyalty to the brand.
is it applicable for financing or cash basis only
ReplyDelete- thank you
The indicated P 200K discount is for cash buyers.
DeleteMahal pa din.
DeleteYou can already buy a good CUV for that amount.
What good CUV can you buy for around 1.3 to 1.5m? I can't think of any.
DeleteHe's probably referring to chinese brands
DeleteIf financing, I think the discount will apply on downpayment. Thats why it’s only 16k
ReplyDeleteThat is correct, but it can only be applied (it seems) for the 15- and 20-percent DP.
DeleteCould be new models but my feeling is the global over supply of combustion engine vehicles. Unsold stock right now is at unprecedented levels. MANY CHINESE EVs are unsoldd too so we are now seeing promos up to the gazoo.
ReplyDeleteHCPI is giving away huge cash discounts for the Civic V Sedan as there's a newer e:HEV variants of Civic V and RS that are gonna be available in the Philippine market around October
Delete2024 Civic e:HEV with updated interior and exterior designs was just released in Thailand this month..Honda Thailand will start exporting units to the Philippine market later this month.
Chinese EVs got nothing to do with it at all so no point dragging that here.