lowest auto loan rate

**rmsoriano** · April 2nd, 2012 02:12 AM

Originally Posted by stavros

Share ko lang ginawa ko technique ng last time nag auto loan ako. Nagapply ako sa bpi, psbank and metrobank. Psbank pinakamababa at 22.65% for 48 months. Ginawa ko tinawagan ko bpi sinabi ko yung psbank nag offer ng 20.65%, binawasan ko talaga ng 2% yung original offer. Tinapatan nila from original offer of 23.75%. Tinawagan ko naman metrobank and sinabi ko na bpi binigay 19.65%, binawasan ko ng 1% from original figure, tinapatan,ulit ulit lang ako pagtawag sa tatlo habang binabawasan ko mga offer nila, ayun nakuha ko psbank ng 15.24% in 48 months.that was june last year. Ganyan technique din ginawa ko sa casa naman, dalawang casa kunyari may freebies na ganito ganyan pero wala naman, every negotiate ko may nakukuha ko freebie na kunyari ibibigay kabilang casa. Sa dami ng mahal na freebies na nakuha ko at sa baba ng interest rate, sulit yung auto loan ko.

sir, mukhang sobra na sa baba yung 15.24% in 48 months. It's actually less than 4% annual rate. Maybe you can PM me your contact person in PS bank para naman makakuha ng lower interest rate rin yung ibang kasama natin na gustong mag-car loan.... TIA..

**stavros** · April 2nd, 2012 04:35 AM

Mababa talaga sir kaya sulit na din. I forgot to mentioned that 40% pala yung downpayment.

If i share yung contact info ng humawak ng loan ko sa PSBank, may malaking chance na malalaman nya ginawa ko and baka magkaroon pa ng issues next time na magloan ako. In a way kase, i just manipulated them to get a lower rate. anyways, i already shared naman yung exactly na ginawa ko, try mo din kung effective sayo.

**rmsoriano** · April 3rd, 2012 09:22 AM

Originally Posted by stavros

Mababa talaga sir kaya sulit na din. I forgot to mentioned that 40% pala yung downpayment.

If i share yung contact info ng humawak ng loan ko sa PSBank, may malaking chance na malalaman nya ginawa ko and baka magkaroon pa ng issues next time na magloan ako. In a way kase, i just manipulated them to get a lower rate. anyways, i already shared naman yung exactly na ginawa ko, try mo din kung effective sayo.

Ah ok sir, No problem will tell some of my buddies here about that. BTW, recently got approved with a car loan from a bank and already used it, I did the same what stavros did, haggling from the 3 banks, metro, Ps and BoC. the lowest that I've got is 25.72% from BoC, psBank is 26% while metro is 28%. I think napiga ko na ng husto ang metro and ps just because di naman ako nagmamadali for having our second car, beside ang tagal ko talaga hinintay ang unit from honda dealer. My dp is 35%....amortization for 5 years..

**stavros** · April 3rd, 2012 11:30 PM

Try mo din chinabank and bpi sir. More banks, more chances of winning este haggling pala. Hehe!

**Globerc** · May 9th, 2012 03:30 PM

I recommend PSBank Balintawak for bank auto loan. Sobrang bilis ng approval.. 3-DAY STEP:
1. MOnday afternoon, i called the branch manager Mr. Benamor Florencio to inquire, nagemail cya ng list of requirements at may finill-up-an lang ako na form through email din. Wala pa akong sinasubmit na requirements.
2. Tuesday morning (kinabukasan lang), approved na raw ang loan.
3. Wednesday morning i submitted all the requiremnts, down payment... And in the afternoon, release of the car na.

Sobrang bilis at mababa ang rate ng PSBank. You may contact Mr. Florencio for loan assistance :
09228407027

**bhasty** · May 19th, 2012 05:06 AM

*Globerc - ano yung deal na binigay sa iyo? interest rate at years to pay? thanks

**rmsoriano** · May 19th, 2012 09:31 AM

I have already talked to so many friends and bank managers that I know, the "15.24% rate in 48 months period" is still to good to be true right now for the banks to offer.... just maybe in the future...... JM2C.... maybe...

**Walter** · May 19th, 2012 11:09 AM

Originally Posted by rmsoriano

I have already talked to so many friends and bank managers that I know, the "15.24% rate in 48 months period" is still to good to be true right now for the banks to offer.... just maybe in the future...... JM2C.... maybe...

There's 3.66% per year, special reimbursement rate, OMA. So 15.24% is believable already. Bank managers will give good rates depending on the client.

**mnsantosjr** · June 12th, 2012 04:54 PM

Bago lang po ako dito at nagbabalak din bumili ng kotse.
Ask ko lng po about car loan, dapat po ba may account ka sa bank n kukunan mo ng loan? Kc po BPI at BDO po ang banko ko pero parang gusto ko mag loan sa PSBank. Pwede po ba yun?

**lukscudkil** · June 14th, 2012 10:36 PM

we are giving free petron gas card and low interest rates even to non client. you can reach me thru mmherrera*bankcom.com.ph.

*free gas card is til June 30 only.

thanks