Car Loan Interest Rates?

[daquino2911]

Hello. Newbie in the thread here.

I'm getting a car and I'm availing their promo na all-in DP. So sila magprocess at magpa-approve sa bank. I have two approvals na - from Eastwest at RCBC. Sabi ng dealer, RCBC will be the better choice. I'm thinking kasi na i-fully paid na yung buong loan after 6 months. Pero sabi sa akin, wiser daw na antayin mag one year ang loan before i-fully paid. Tama ba ito? I'm asking for figures how much will be the rebate kapag bayaran ng buo after 6 months at pag after one year. Wala pa silang maibigay na figure.

May question is 1) eastwest or RCBC (di daw kasi gumalawa yung application sa BPI). 2) when to fully pay the loan (after 6 months or after one year)?

Replies will be highly appreciated. I'm getting chevy sonic pala.

[boytsiks]

Hello. Newbie in the thread here.

I'm getting a car and I'm availing their promo na all-in DP. So sila magprocess at magpa-approve sa bank. I have two approvals na - from Eastwest at RCBC. Sabi ng dealer, RCBC will be the better choice. I'm thinking kasi na i-fully paid na yung buong loan after 6 months. Pero sabi sa akin, wiser daw na antayin mag one year ang loan before i-fully paid. Tama ba ito? I'm asking for figures how much will be the rebate kapag bayaran ng buo after 6 months at pag after one year. Wala pa silang maibigay na figure.

May question is 1) eastwest or RCBC (di daw kasi gumalawa yung application sa BPI). 2) when to fully pay the loan (after 6 months or after one year)?

Replies will be highly appreciated. I'm getting chevy sonic pala.

Wait for another 6 months and pay the car in cash. No need to rush and lose a lot from interest.

[JJ All Day]

Hello. Newbie in the thread here.

I'm getting a car and I'm availing their promo na all-in DP. So sila magprocess at magpa-approve sa bank. I have two approvals na - from Eastwest at RCBC. Sabi ng dealer, RCBC will be the better choice. I'm thinking kasi na i-fully paid na yung buong loan after 6 months. Pero sabi sa akin, wiser daw na antayin mag one year ang loan before i-fully paid. Tama ba ito? I'm asking for figures how much will be the rebate kapag bayaran ng buo after 6 months at pag after one year. Wala pa silang maibigay na figure.

May question is 1) eastwest or RCBC (di daw kasi gumalawa yung application sa BPI). 2) when to fully pay the loan (after 6 months or after one year)?

Replies will be highly appreciated. I'm getting chevy sonic pala.

1) The one that offer lower interest rate; but if the difference is minimal/tolerable (which I think it is), go for the branch of that bank with better customer service (this is priceless)

2) Pay the loan as soon as possible. Remember that I = P x R X T

I for Interest; P for Principal; R for Rate; and, T for Time
And since Time is a variable factor; the earlier you pay the lower interest will be charged

[kio]

mga boss mataas po ba to?
905K
Down: 181K
Loan amount: 724K

Add-on Rate: 25.57%
Contractual Interest Rate: 9.70%
Term: 60 months

Amortization Amount: 15,153/month

[valskie01]

Bpi offered me free one month amotization and 1 year insurance. Add on rate is 21.35% for 4 years. Good deal na ba ito?

[jrdng]

Got mine sa BPI
For 48mons
Free insurance
18.23%

[honey143]

Get Money Fast | Personal, Car, Cash, Seaman, OFW Loans is the answer.. Visit our site for more information. thank you.

[deechan]

Bpi offered me free one month amotization and 1 year insurance. Add on rate is 21.35% for 4 years. Good deal na ba ito?

Good deal na to. Kasi offer nila sakin is 17.19 % for 3 years free din 1st month and insurance.Tapos nung nakipaghaggle ako sabi nila fixed rate na daw.

[lordcraft11]

Choose BPI,sir

[StockEngine]

Magkano usual interest pag 12mo or 18months?

[kishAn]

Magkano usual interest pag 12mo or 18months?

3.82% 12mos; 6.30% 18mos both oma, depends sa agent kung okay lang na wala na syang kikitain

[AnitoKid]

We got 26% from PSBank Balintawak c/o Jun Florencio.
Jun, who is the branch manager at PSBank Balintawak, took care of everything for us.
He also patiently answered our countless queries with regard to insurance, interest rates, mortgage release, etc.
He also helped us with various dealers in realizing discounts for our unit.

Thank you, Sir Jun! For your patience and kindness, thank you!

AK

- - - - - - - - - - - - - - - - - - - - - -

We got 26% from PSBank Balintawak c/o Jun Florencio.
Jun, who is the branch manager at PSBank Balintawak, took care of everything for us.
He also patiently answered our countless queries with regard to insurance, interest rates, mortgage release, etc.
He also helped us with various dealers in realizing discounts for our unit.

Thank you, Sir Jun! For your patience and kindness, thank you!

AK

[gregorymandela4]

I want to know if BPI still provide loan rates for car loan?

[radz15]

Mga tol nahahaggle din ba yung interest rate pag 2nd hand? Kahit 1 year old lang

[Jepster]

Question lang sirs...

If I still have 2 years left to pay for my car loan, possible ba na ipa-"recompute" para maging 1 year to pay na lang?

Suzuki Swift 1.2
In House daw (pero sa EastWest bank yung loan)