Drive Electric. Pay Smart.
Flexible financing options designed for every Filipino — from first-time EV buyers to corporate fleet managers. Low down payments, competitive rates, and EVIDA incentives built in.
Finance Options
Choose the Plan That Fits You.
Bank Financing
Partner with any of our 8 accredited banks for competitive auto loan rates. Pre-approval in as fast as 24 hours.
- Rates from 4.5% per annum
- Loan terms up to 60 months
- Down payment from 10%
- Pre-approval in 24 hours
- Available for all 10 EV brands
In-House Financing
Hail Motors' own financing program — ideal for buyers who prefer a streamlined, single-point process with flexible terms.
- Simplified documentation
- Flexible repayment schedules
- No early settlement penalty
- Dedicated account manager
- Available for select models
Lease-to-Own
Operational lease with a buyout option at term end. Ideal for businesses that want to preserve capital and maintain fleet flexibility.
- Off-balance-sheet treatment
- Maintenance packages available
- Fleet of 5+ vehicles
- Buyout option at term end
- Tax-deductible lease payments
Payment Calculator
Estimate Your Monthly Payment.
Use our quick calculator to get a ballpark figure. A Hail Motors finance specialist will provide an exact quote.
Estimate Your Monthly Payment.
Use our quick calculator to get a ballpark figure. A Hail Motors finance specialist will provide an exact quote.
Est. Monthly Payment
₱27,908
Loan amount: ₱1,200,000 over 48 months
* Indicative estimate only. Actual rates and terms are subject to lender approval and may vary. Contact a Hail Motors finance specialist for an exact quote.
EVIDA Incentives Make EVs Even More Affordable.
Under Republic Act 11697, registered EVs in the Philippines enjoy significant financial benefits — reducing your total cost of ownership from day one.
Zero Import Duties
EVs and EV components are exempt from import duties, reducing vehicle acquisition cost.
Excise Tax Exemption
Battery electric vehicles are fully exempt from excise tax under the EVIDA framework.
Registration Fee Waiver
First-time EV registration fees are waived for qualified buyers under EVIDA.
Priority Lane Access
Registered EVs enjoy HOV and priority lane privileges on major Philippine highways.
Accredited Partners
Our Accredited Financing Partners.
We work with the Philippines' leading banks and financial institutions to give you the best rates and fastest approvals.
How It Works
From Application to Keys in 5 Steps.
Choose Your EV
Browse our 10 brands and select the model that fits your lifestyle and budget.
Pick a Finance Option
Bank loan, in-house financing, or lease-to-own — our specialists help you compare.
Submit Documents
Valid ID, proof of income, and TIN. We handle the rest with your chosen lender.
Get Approved
Most bank approvals come back within 24–48 hours. In-house approvals are same-day.
Drive Home
Sign the contract, complete your down payment, and we'll deliver your EV to your door.
Get Started
Ready to Finance Your EV?
Fill in the form and a Hail Motors finance specialist will reach out within one business day with a personalised quote.
- Free financing consultation — no commitment
- Compare bank rates across 8 accredited lenders
- EVIDA incentives applied automatically
- Pre-approval in as fast as 24 hours
- Available for all 10 EV brands