car bank financing or in house car financing (innova E 2.8 Diesel)

[MR_BIG18]

i think toyota gives the lowest in house financing rate....if there is a bank promo that includes free chattel and 1st year insurance...ill go with the bank

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[ZkiZZoiD]

Oh really toyota has the lowest in-house financing rates? Thanks for the reply boss. Sana nga meron Free Compre Insurance for 1st year and Free Chattel Mortgage Fee ang mga banks

[keithdb]

Better go with bank. 52% interest for 5 years and 30% for 3 years even with all those free items is still more expensive than going with bank. Bank rates now for 5 years range from 25% to 27%.

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[rage15]

pansinin nyo ko please. hehe
mga sir first car namin ng partner ko mazda 3 skyactiv hb 2.0speed. nanonood lang ako sa youtube and nagbasa manual about sa car na to obviously hindi rin ako car enthusiast para bang sasakay at gagamitin lang.hehe pero sabi nila maganda daw car namin. para sakin sa 1.4m na price nya oo mganda cya. advice naman mga sir pano masusulit si mazda.

then,na approve po kami ulit para sa aming second car mitsubishi mirage glx hb. pero in-house financing, pag in house ba talaga sir hindi samin nakapangalan ang car hangga't hindi pa bayad? bakit si mazda hindi kami hiningan ng spa,bank nag approved samin dito. pero si mitsubishi hinihingan kami spa. newbie here

[ZkiZZoiD]

Thanks boss keithdb at sa mga nagreply. I'm decided na to go with the bank. Maybe with security bank sabi nila lowest rate daw sila. God bless.

[andy007ph]

Try Metrobank they have extendd auto loan...
Higher DP pero lower monthly amortization...
Got our navara via metrobank autoloan.
30%dp 60mo. To pay

[Tardis]

Thanks boss keithdb at sa mga nagreply. I'm decided na to go with the bank. Maybe with security bank sabi nila lowest rate daw sila. God bless.

Lowest rate I got is thru BPI * 24.2% for 5yrs, BDO matched the same rate. Try to get approval from 2 banks, then negotiate. Chattel and insurance not included though.

[ZkiZZoiD]

Lowest rate I got is thru BPI * 24.2% for 5yrs, BDO matched the same rate. Try to get approval from 2 banks, then negotiate. Chattel and insurance not included though.

Thanks sa input boss Tardis, I will be asking those two banks. Boss magkano pala ang chattel mortgage fee at insurance?

[ZkiZZoiD]

Thanks boss inquire din ako metrobank. Mukhang BPI,BDO at Metrobank nagbibigay lowest rates.

Try Metrobank they have extendd auto loan...
Higher DP pero lower monthly amortization...
Got our navara via metrobank autoloan.
30%dp 60mo. To pay

[babkalakal]

Thanks boss inquire din ako metrobank. Mukhang BPI,BDO at Metrobank nagbibigay lowest rates.

Try your bank po with which you have deposits. You can use that as leverage to haggle down your interest rates. Parang preferred clients ba.

[ZkiZZoiD]

Try your bank po with which you have deposits. You can use that as leverage to haggle down your interest rates. Parang preferred clients ba.

Yes i will. Thanks.

[subaru_sti]

Try Metrobank Manila Bay. I think Metrobank & Toyota Manila bay iisa may ari. They might give you a good deal.

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[Tardis]

Thanks sa input boss Tardis, I will be asking those two banks. Boss magkano pala ang chattel mortgage fee at insurance?

Chattel fee depends on your loan amount. For BDO, car's net price is 909k, less 20% DP, quoted chattel fee is 17k. For BPI, a bit cheaper around 15k. Initially BDO quoted me rate of 28%. I said that I'm already approved with BPI for 24.2%, the officer gave the same rate right away. For insurance, I did not inquired from them. I suggest you apply online, mabilis lang. You will get a call after a day or two. For security bank they will send you notification on the approval after few hours, but the rate, fees and charges are way beyond BPI and BDO. Goodluck! [emoji6]

[dcvingkamotekid]

cash is king if budget permits otherwise, Bank Loan is the way to go. downside lang is mas mataas ang DP (minumum of 15-20%) unlike sa in-house na pwede nila i-adjust to either 5-10% (ang pamoso nilang LOW DP kuno). hth!

[redark]

cash is king if budget permits otherwise, Bank Loan is the way to go. downside lang is mas mataas ang DP (minumum of 15-20%) unlike sa in-house na pwede nila i-adjust to either 5-10% (ang pamoso nilang LOW DP kuno). hth!

In-house din po ba yung Mitsubishi Auto Financing? sa computation ko mas mura yung Mitsubishi Autofinanced eh tapos low downpayment pa. Eto yung computation:

Security Bank: 43k down 15,203 monthly for 5 years
MAFS: zero down 16k monthly for 5 years, 18k down 15,093 monthly for 5 years

NOTE: same all-in package yung dalawang deal

Pahelp naman po thanks!

[brom]

naka 5 posts na ako ah.. kaya nga ako dito dahil may itatanong ako.. na spam bump ko tuloy yung mga threads para ma 5 posts

[brom]

hay nako mababan ako nito.. naka 5 posts na ako ah.. i went here because i have a question pero di naman ako maka create ng thread

[dreamur]

hay nako mababan ako nito.. naka 5 posts na ako ah.. i went here because i have a question pero di naman ako maka create ng thread

Ano ba ang question mo?

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[mystic]

in house mas mabilis pero mas mataas interest. bank financing lower interest pero medyo mahirap maapprove. pero ngayon marami na agents nag aalok bank financing, sila na bahala wala ka na iintindihin. usually kasi may mga kakilala silang nagwowork sa bank. 2x na ako nakapag car loan, both bank financing. si agent na lahat nag asikaso.

[Syuryuken]

in house mas mabilis pero mas mataas interest. bank financing lower interest pero medyo mahirap maapprove. pero ngayon marami na agents nag aalok bank financing, sila na bahala wala ka na iintindihin. usually kasi may mga kakilala silang nagwowork sa bank. 2x na ako nakapag car loan, both bank financing. si agent na lahat nag asikaso.

Either inhouse or Bank PO si bank pa rin mag-aapprove. kung si ahente nag-aayos sigurado may cut pa ring ilang percent mas maganda pa ring ikaw ang maglakad.