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  1. Join Date
    Nov 2019
    Posts
    960
    #21
    Quote Originally Posted by yapoy86 View Post
    ok din yan kumuha ng hulugan.. lalo na kung yung model na kukunin mo ay hindi pa proven sa market or bagong labas na model... para pag sakaling lemon yung kotse.. pa repo mo na lang.. hehe
    OK sana if early maglabasan problema within a year.
    I treat as depreciation loss lang yung nabayaran mong downpayment at monthly.

    Pero if maglabasan issue after 3 yrs, sayang pera if ipa repo mo lang.

  2. Join Date
    Mar 2008
    Posts
    52,697
    #22
    Quote Originally Posted by carxynogen View Post
    OK sana if early maglabasan problema within a year.
    I treat as depreciation loss lang yung nabayaran mong downpayment at monthly.

    Pero if maglabasan issue after 3 yrs, sayang pera if ipa repo mo lang.
    the is also the potential problem of subsequent poor credit rating.

  3. Join Date
    Nov 2005
    Posts
    45,927
    #23
    Quote Originally Posted by dr. d View Post
    it's always been like that.
    tongue in cheek, "the bank will grant loans only to those who do not really need them."
    heh heh.
    i mean specially now super higpit

    pre-covid mas lax ang mga bangko

  4. Join Date
    Mar 2008
    Posts
    52,697
    #24
    Quote Originally Posted by uls View Post
    i mean specially now super higpit

    pre-covid mas lax ang mga bangko
    i can imagine!
    the chances of in-ability to pay are probably higher now.

    government should really step in...

  5. Join Date
    Nov 2005
    Posts
    45,927
    #25
    Quote Originally Posted by dr. d View Post
    i can imagine!
    the chances of in-ability to pay are probably higher now.

    government should really step in...
    yes that's my point

    banks are already seeing clients having cashflow problems

    clients are calling their banks informing them di sila makahulog

    alam ng mga bangko madami nawalan ng trabaho, madami company nag sara

    so if your applying for car loan now they'll background check the hell out of you

    kung may ari ka ng hair salon & spa sa tingin mo makakakuha ka ng car loan ngayon?

  6. Join Date
    Oct 2012
    Posts
    27,626

  7. Join Date
    Sep 2015
    Posts
    13,919
    #27
    Quote Originally Posted by StockEngine View Post
    I remember you were for borrowing. Ngayon first time seeing "cash" purchase suggestion.

    si mincarph ang mahilig sa utang .

    Ako never pa nagkaroon ng credit card kahit sinasbihan ako teller to apply.

    I only have passbook. So basically im a "ghost"

    Hinid makikita ano ginagastos ko.

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Bank Interest Rates for Auto Loans - post Wuhan Virus