What is the down payment needed to purchase Winner X through installments?

Customers who choose to purchase a Winner X car on installment may be required to make an initial payment of approximately 13 million VND, depending on the specific installment plan.

Administrator

3 February, 2024

Honda Winner X is a brand new model of manual motorcycle that replaces the old Winner 150 model. It comes with several upgrades such as a sportier design, LED lighting system, digital meter, and ABS safety brakes. Thanks to its great features and stylish look, Honda Winner X is highly favored by young customers.

The Honda Winner X is a manual motorcycle.

Currently, Honda Winner X is available in 6 different versions in the Vietnamese market: Sports, Limited Edition, Sports ABS, Camo, Matte Black, and Racing. Among these versions, the Sports and Limited Edition versions do not have ABS brakes, while the other 4 versions are equipped with ABS brakes for enhanced safety.

Steps to Purchase Winner X 2021 through Installments

In order to purchase the Honda Winner X through installments, customers need to prepare the following documents:

Personal identification documents: National ID card/citizen identification card and household registration book (original and copy)
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 option, customers only need to have no bad debts in order to qualify for the loan. However, customers who choose this option for purchasing the Winner X need to make a down payment equivalent to 20 – 40% of the motorcycle’s value. The remaining amount and interest will be paid in monthly installments.

Therefore, customers will need to make a down payment of approximately 10 – 13 million VND when purchasing the Winner X through installments.

Advantages: This option has 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 options.

Installment Purchase with Proof of Income

For installment purchase with proof of income, customers need 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: This option requires more documents and verification procedures.

Installment Purchase through Credit Card – 0% Interest Installment Purchase for Winner X

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

Advantages: Simple and fast documentation process, and offers the opportunity to buy the Winner X through a 0% interest installment plan. This option also provides the longest repayment period and highest borrowing limit.

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

How to Purchase Winner X on Installments

Purchasing the Winner X on installments is a simple process. Customers who wish to buy the Winner X on installments just need to follow these steps:

Find a Honda motorcycle dealer that offers an installment purchase program. Choose the desired version of the Honda Winner X and negotiate the down payment amount. Depending on your financial capacity and income documents, you can choose to make a down payment of 20 – 40% of the motorcycle’s 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 the Winner X on installments.
Submit the necessary documents to the financial institution to complete the purchase of the Winner X on installments.
The customer’s installment motorcycle purchase application will be reviewed by the financial company and bank.
Once the bank or financial company approves the application, customers will sign an installment purchase agreement, make a prepayment based on the agreed amount, and receive the motorcycle.

Price List for Winner X 2021 Motorcycles

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
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