Step Up Pay Plan offers lower starting monthly payments for aspiring Honda owners
Honda Cars Philippines, Inc. (HCPI), in partnership with Bank of the Philippine Islands (BPI), introduces the Step Up Pay Plan—a financing program designed to make Honda ownership more accessible for young professionals and growing families.
Created to help customers manage rising costs while still achieving their goal of owning a Honda, the program offers a flexible payment scheme where monthly amortizations start lower and gradually increase over time alongside career and financial growth.
To make ownership easier, the Step Up Pay Plan also comes with an all-in package financing option for 15% and 20% down payment schemes under a 60-month term. BPI will also shoulder up to PHP 50,000 each for Personal Property Security Act (PPSA) service fees and insurance costs, helping reduce upfront expenses for buyers.
Promo Details and Eligibility
- Applicable for qualified accounts with a minimum loan amount of PHP 500,000
- Promo runs from May 19 to July 31, 2026
- Available for 15% and 20% all-in down payment packages under 60-month financing terms
- Subject to bank approval and credit evaluation by BPI
Applicable Honda Models
| Model | Variant | Year Model |
| City | 1.5 S CVT Honda SENSING | 2025 |
| 1.5 V CVT Honda SENSING | ||
| 1.5 S CVT Honda SENSING | 2026 | |
| 1.5 S CVT 30th Anniversary Pearl Edition | ||
| 1.5 V CVT Honda SENSING | ||
| City Hatchback | 1.5 RS CVT | 2026 |
| 1.5 RS CVT 30th Anniversary Pearl Edition | ||
| BR-V | 1.5 VX CVT Honda SENSING | 2025 |
| 1.5 S CVT | 2026 | |
| 1.5 V CVT | ||
| 1.5 VX CVT Honda SENSING | ||
| HR-V | 1.5 S CVT Honda SENSING | 2026 |
| 1.5 V CVT Honda SENSING |
Sample monthly amortization schedules are available depending on the selected model, variant, and approved financing package.
| Model | Variant | Year Model | Monthly Amortization | ||||
| 1st Year | 2nd Year | 3rd Year | 4th Year | **5th Year | |||
| City | 1.5 S CVT Honda SENSING | 2026 | 17,185 | 17,682 | 18,412 | 19,445 | |
| City Hatchback | 1.5 RS CVT | 20,399 | 20,988 | 21,855 | 23,081 | ||
| BR-V | 1.5 S CVT | 19,884 | 20,458 | 21,303 | 22,498 | ||
| HR-V | 1.5 S CVT Honda SENSING | 24,677 | 25,390 | 26,439 | 27,921 | ||
Through the Step Up Pay Plan, HCPI and BPI continue to provide more practical and flexible ownership solutions, helping make Honda ownership more rewarding and manageable for Filipino customers.
Customers may visit their nearest Honda Cars dealership to learn more about the Step Up Pay Plan and available financing offers. More details are also available at Honda Philippines Promos.