2014 Toyota Altis 1.6g m/t
2014 Hyundai Elantra 1.6e m/t
42% interest. Sariling bank nyo naman pero parang inhouse na rin. Pag sariling bank dapat nasa 25-26% lang sa 5 years
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usually mas inunuuna kung saan kikita ahente at dealer so 5 years deifinitely may parte sila malaki dyan thats why mabilis..
* 18K a month for 5 years is as good as the Altis 1.6V already...
Considering around 130K D.P. plus chattel around 15K plus insurance around 22K = 167K --->total initial cash out
999,000(SRP for 1.6V) - 130,000 = 869,000
869,000 + 26%(average interest for 5yrs) = 1,094,940
1,094,940 / 60months = 18,249
Mahal insurance namen kasi, 37K Insurance namen but we're not complaining. Dati pa kame dun sa insurance company namen na offer ng bank and when we need it, mabilis processing kaya ayaw na namen lumipat.
I got 8.5% sa bank. Kasi first car ko toh and first loan under my name so d na ako rereklamo sa 8.5% per annum for because lowest na binibigay saken ng inhouse is 10%. Panalo paren ako dun. My mom na matagal na dun sa bank namen, gets only 4% on her car loans, eh gusto kasi nya sa pangalan ko so may credit ako sa bank. and besides, not too worried about the interest, since i'll be reconstructing the deal around next year. Habol lang talaga is mauna kame makakuha ng car bago pa humaba pila.=)