lowest auto loan rate

[tsik_r2d2]

Saw an article from TGP and BPI has this "All Out" promo going on from June 1 to October 31. This is applicable to 5-year loans with 20% DP. Chattel mortgage fee and 1st year insurance are free and you also get a P10,000 discount on your DP. Their sample computation has a 26.54% interest. Might be worth a look.

BDO offers 24.25%
Can get lower if you have proof on other bank's "lower" offer.
Chattel is at 20.5k

Need to see the actual computations of BPI considering they have higher interest.

[Archerfish]

Mahal po ng PSBank quote sakin.
Mas ok pa yung sa BR-V sa earlier messages.

GLS AT Xpander 995k
27.28%
16.885.81 monthly
199k downpayment
Chattel 17,862
Insurance 24,721

Almost 17k for monthly payment, a substantial amount for me. This does not include the expenses incurred upon using it like gas, toll fees, etc. Monthly expenses might reach up to 25k plus periodic maintenance.

Somehow, a loan like this makes you alive as mentioned by this guy:

...

always challenge yourself. besides pag may utang ka, it makes you feel alive. kasi patay ka pag di ka nakabayad

You can try the suggestion of *Walter, check with your branch manager as he might give you a special discount as a regular depositor.

[tsik_r2d2]

Almost 17k for monthly payment, a substantial amount for me. This does not include the expenses incurred upon using it like gas, toll fees, etc. Monthly expenses might reach up to 25k plus periodic maintenance.

Somehow, a loan like this makes you alive as mentioned by this guy:



You can try the suggestion of *Walter, check with your branch manager as he might give you a special discount as a regular depositor.

Actually sir, ayan na yata yung special nila haha. Though I think I can squeeze more considering may housing loan pa ako sa kanila (BDO).

[Archerfish]

Actually sir, ayan na yata yung special nila haha. Though I think I can squeeze more considering may housing loan pa ako sa kanila (BDO).

I think you should stick with BDO in that case. If you're not in hurry, you can scout for banks. It just so happened that my car loan worth 300k was approved in a matter of hours, that is why I suggested PSbank.

I accidentally passed by that branch so I inquired knowing I have a lot of time back then. The branch manager gave me a good deal compared to BPI. I really can't remember but I think I got 16% or 18% while BPI gave me 21%. I didn't bother to check BDO since I got approved by PSbank. Again, in a matter of hours right after my inquiry.

[tsik_r2d2]

I think you should stick with BDO in that case. If you're not in hurry, you can scout for banks. It just so happened that my car loan worth 300k was approved in a matter of hours, that is why I suggested PSbank.

I accidentally passed by that branch so I inquired knowing I have a lot of time back then. The branch manager gave me a good deal compared to BPI. I really can't remember but I think I got 16% or 18% while BPI gave me 21%. I didn't bother to check BDO since I got approved by PSbank. Again, in a matter of hours right after my inquiry.

Thank you for sharing sir. Wow 16%! What year is this?

[Archerfish]

Thank you for sharing sir. Wow 16%! What year is this?

Just last year, September or October. I took the unit last December 19. I'm not sure about the figure, but definitely below 20.

[jepen]

Just last year, September or October. I took the unit last December 19. I'm not sure about the figure, but definitely below 20.

Guys, ask ko lang kung okay ito, BDO car loan 5 years. 24.86%

2018 MUX 3.0L

SRP 1,695.00

20% downpayement.

Monthly 28,219.00

[ray_noel]

Guys, ask ko lang kung okay ito, BDO car loan 5 years. 24.86%

2018 MUX 3.0L

SRP 1,695.00

20% downpayement.

Monthly 28,219.00

Just about the average... got mine sa ucpb around 23% last 2014... check orher banks sir for more choices....


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[jepen]

Just about the average... got mine sa ucpb around 23% last 2014... check orher banks sir for more choices....


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Thank you po. we will try in other bank kaso baka ma reject siya(wife)kc wala syang work at inaasahan lang nya ay remittance na pinapadala ko. approved na sya sa BDO.

[Maarthe]

Hello can someone shed some info about this.received text from Security Bank na approved na car loan ko.after mga 3 days nagcheck ako ng status sa bank.ang nakalagay "recon". Ano po ibig sabihin nun?