Auto financing

**Capsaul** · October 14th, 2015 06:50 PM

gaano katagal inaabot ang car bank loan to get approved? 1 month na kasi sakin wala pang say ang bank, naiinip nako..

**lakay77** · October 14th, 2015 07:17 PM

Originally Posted by urefowei

Good morning po sa lahat mga katsikot!

Sino po nakapagtry na ng Toyota Financial Services? Loan interest rates seems at par sa bank interest rates based sa interest calculator sa website (roughly around 5-7% effective yearly or yung compounded interest rate) which is far better than the quoted rates ng in-house financing (i mean yung mga quoted rates ng mga All-in downpayments which goes as high as 17% yearly compounded interest rate).

back to the question, sino nakapagtry na po? hehe

nag try ako magpaquote sa TFS ok naman ang rates basta mataas and DP mo pwede din nila tapatan ang ibibigay ng bank just in case nagpa quote na kayo.

**Joseph Madera** · October 16th, 2015 05:19 PM

Originally Posted by Capsaul

gaano katagal inaabot ang car bank loan to get approved? 1 month na kasi sakin wala pang say ang bank, naiinip nako..

sa experience ko 1 day lang basta pasa na lahat ng requirements

**dishcom** · October 16th, 2015 05:29 PM

Originally Posted by Capsaul

gaano katagal inaabot ang car bank loan to get approved? 1 month na kasi sakin wala pang say ang bank, naiinip nako..

1 day lang sir. basta ok lahat ng requirments mo...

**dfa172001** · October 16th, 2015 05:34 PM

sir, our 2 vehicle vios and fortuner, parehas TFS, ok sila, mabilis mag approve, sa rate tatapatan nila kung anu man yung rate na binigay ng bank sa yo. mas mababa pa nga ng 150 pesos monthly amortization yun binigay sa aminng TFS, just talk to your toyota agent, sabihin mo kung kaya nya tapatan yung rate na binigay sa yo ng bank. yung 2nd vehicle namin which is fortuer, nagfillup lang kami ng application ng umaga, hapon approved na agad. basta goodpayer ka and updated ang amortization mo.

**1Vergel** · October 16th, 2015 10:45 PM

guys, meron akong friend working abroad who wanted a civic fd asap, and sa kin nya pinapaayos, meron ng 200k on hand, and need pa ng 150k, ask ko lang kung may chance maapprove ang loan or car finance kung ang borrower ay working abroad, thanks

**mda** · October 16th, 2015 10:54 PM

ASAP? Doubtful, you may need to end up the co-signor. And that is not good.

**hondabishi** · October 16th, 2015 11:34 PM

Originally Posted by 1Vergel

guys, meron akong friend working abroad who wanted a civic fd asap, and sa kin nya pinapaayos, meron ng 200k on hand, and need pa ng 150k, ask ko lang kung may chance maapprove ang loan or car finance kung ang borrower ay working abroad, thanks

Pwede maapprove!

pag sa bank, kelangan mag provide sya ng authorization letter na yung tao dyan sa pinas (relative nya or ikaw) ay ang magttrancsact on behalf nya lalo na if di tlaga sya makakauwi kahit sa day na marrelease na yung car, need din ng employment contract na authenticated ng Philippine consulate and proof of remittance. I'm an OFW and base sa experience ko yan sa bank. Kung may kakilala kayo sa bank baka mas mapadali yung process and mabawasan yung mga requirements na hihingin sa kanya.

Pag in-house, mas konti requirements and di na need ipa authenticate yung employment contract sa Philippine consulate. Kahit sya mismo makipag transact directly sa agent thru email or any messaging app kaya...depende sa agent yan pero karamihan kaya nila gawan paraan kahit out of the country kausap nila (specially pag OFW). May special arrangement kase talaga sila for OFW clients....sa bank din naman may certain process sila for OFW pero mas madami requirements hihingin sa bank.

**1Vergel** · October 17th, 2015 08:33 PM

great! thanks for the info...

**1Vergel** · October 17th, 2015 08:39 PM

Originally Posted by hondabishi

Pwede maapprove!

pag sa bank, kelangan mag provide sya ng authorization letter na yung tao dyan sa pinas (relative nya or ikaw) ay ang magttrancsact on behalf nya lalo na if di tlaga sya makakauwi kahit sa day na marrelease na yung car, need din ng employment contract na authenticated ng Philippine consulate and proof of remittance. I'm an OFW and base sa experience ko yan sa bank. Kung may kakilala kayo sa bank baka mas mapadali yung process and mabawasan yung mga requirements na hihingin sa kanya.

Pag in-house, mas konti requirements and di na need ipa authenticate yung employment contract sa Philippine consulate. Kahit sya mismo makipag transact directly sa agent thru email or any messaging app kaya...depende sa agent yan pero karamihan kaya nila gawan paraan kahit out of the country kausap nila (specially pag OFW). May special arrangement kase talaga sila for OFW clients....sa bank din naman may certain process sila for OFW pero mas madami requirements hihingin sa bank.

galing na ako sa banks, need ang appearance ng borrower, kahit ofw...
salamat sa info, try ko sa mga agents...