How much down payment is required to buy Winner X on installments?

Depending on the installment plan, customers may need to pay an upfront amount of around 13 million VND when purchasing a Winner X car on installment.

Administrator

3 December, 2023

Honda Winner X is a new manual motorcycle model that replaces the old Winner 150 model with a series of upgrades such as a sportier design, LED lighting system, digital meter, and ABS safety brakes. Thanks to its good equipment and sporty appearance, Honda Winner X is quite popular among young customers.

Honda Winner X manual motorcycle

Currently, Honda Winner X is being sold in the Vietnamese market with 6 versions including: Sports, Limited Edition, Sports ABS, Camo, Matte Black, and Racing. Among them, the Sports and Limited Edition versions do not have safety brakes, while the other 4 versions are equipped with ABS.

Procedures for buying Winner X 2021 on installments

In order to buy Winner X on installments, customers need to prepare basic documents as follows:

Personal identification documents: National ID card/citizen identification card, household registration book (original and copy) for comparison.
Proof of marital status: Marriage certificate or certificate of single status.
Proof of income: Labor contract, appointment decision/assignment decision, payroll/3 most recent pay stubs; savings book, dividend certificate, share capital contribution certificate, property lease contracts, etc.
Loan registration documents and repayment plan

Various installment purchase options for Winner X 2021

Unsecured installment purchase without proof of income

This is the most popular and widely used form of installment purchase. With this form, customers only need to have no bad debts to be able to borrow. However, customers who choose this form of installment purchase for Winner X need to pay a down payment equivalent to 20 – 40% of the value of the motorcycle. The remaining amount and interest will be paid monthly.

Therefore, customers will need to pay a down payment of about 10 – 13 million VND when buying Winner X on installments.

Advantages: The advantage of this form is its simple procedures and does not require many documents for verification.

Disadvantages: Customers will not be able to borrow the full value of the motorcycle, the repayment period will be shorter, and the interest rate will be higher compared to other forms.

Installment purchase with proof of income

The installment purchase with proof of income requires customers to submit documents proving their income such as salary statements, income sources, and monthly income.

Advantages: The interest rate is more favorable compared to the installment purchase without proof of income, and the borrowing limit and repayment period will be longer.

Disadvantages: It requires more documents and verification procedures.

Installment purchase through credit card – 0% interest installment purchase of Winner X

As the name suggests, customers need to have a credit card issued by a bank after going through the process of verifying their monthly income and ability to repay.

Advantages: Simple and fast document procedures, can buy Winner X on 0% interest installment purchase. Longest repayment period and highest installment borrowing limit.

Disadvantages: A credit card with a high credit limit is required.

How to buy Winner X on installments

The process of buying Winner X on installments is quite simple. Customers who want to buy Winner X on installments just need to follow these steps:

Find a Honda motorcycle dealer with an installment purchase program. Choose the desired Honda Winner X version, then negotiate the down payment amount. Depending on your financial capacity and income documents, you can choose to pay a down payment of 20 – 40% of the motorcycle value.
After selecting the appropriate motorcycle model, customers need to contact the financial company or bank associated with the installment purchase program to proceed with the purchase of Winner X on installments.
Submit the necessary documents to the financial institution to complete the purchase of Winner X on installments.
The customer’s installment motorcycle purchase application will be reviewed by the financial company and bank.
After the bank or financial company has approved the application, customers will sign an installment purchase agreement, make a prepayment based on the previously agreed amount, and receive the motorcycle.

Winner X 2021 motorcycle price list

Winner X 150 2021 listed price
Version	Color	Brake system	Listed price
Sports Winner X	Black, Blue Black, Red Black, Black Green	Regular brakes	46,090,000
Limited Edition Winner X	Black Red Gray	Regular brakes	46,090,000
Honda Winner X Sports ABS	Black, Blue Black, Red Black, Black Green	ABS	48,990,000
Camo Winner X	Blue Black Silver, Red Black Silver		49,090,000
Matte Black Winner X	Black Gold Copper		49,590,000
Racing Winner X	Red Green White Black		50,090,000

Winner X 150 2021 motorcycle price in Hanoi
Version	Brake system	Dealer price Hanoi
			Tentative price in Hanoi
Winner X Sports price	Regular brakes	33,000,000	39,370,500
Winner X Limited Edition price
Honda WInner X Sports ABS price	ABS	35,000,000	41,515,000
Camo Winner X price		35,000,000	41,520,500
Matte Black Winner X price		35,000,000	41,545,000
Racing Winner X price		35,000,000	41,570,500

Winner X 150 2021 motorcycle price in Ho Chi Minh City
Version	Brake system	Dealer price Ho Chi Minh City
			Tentative price in Ho Chi Minh City
Winner X Sports price	Regular brakes	33,000,000	39,370,500
Winner X Limited Edition price
Honda WInner X Sports ABS price	ABS	35,000,000	41,515,000
Camo Winner X price		35,000,000	41,520,500
Matte Black Winner X price		35,000,000	41,545,000
Racing Winner X price		35,000,000	41,570,500