lowest auto loan rate

**kishAn** · February 16th, 2017 11:20 AM

Originally Posted by reine2008

Im not sure kung mababa etong rate na binigay sa akin
Montero Sports 2017 Standard

1,555,000
- 140,000 discount

Monthly amort if 4 years is 24,960
And if 5 years it's gonna be 21,050

DP is 30%

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Saang po inapply yung 140k discount? Sa down payment or unit price

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**reine2008** · February 16th, 2017 11:39 AM

^ SRP less 140k discount.

^^* sir kamotekid, ang galing nyo po nakuha nyo yung percentage. Hindi kasi sinabi sa asawa ko yung percentage ng interest. Yan kasi ang nilatag sa kanya na best discount na pwede ibigay sa kanya.

Yung chattel nasa 18k

Wala pang insurance at nag hahanap pa ako.... hopefully within today may mag send na ng quotation para ma release na bukas as per the agent.

Thanks po sa input [emoji120]

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**kishAn** · February 16th, 2017 11:47 AM

Originally Posted by reine2008

^ SRP less 140k discount.

^^* sir kamotekid, ang galing nyo po nakuha nyo yung percentage. Hindi kasi sinabi sa asawa ko yung percentage ng interest. Yan kasi ang nilatag sa kanya na best discount na pwede ibigay sa kanya.

Yung chattel nasa 18k

Wala pang insurance at nag hahanap pa ako.... hopefully within today may mag send na ng quotation para ma release na bukas as per the agent.

Thanks po sa input [emoji120]

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Yes tama si kamotekid sa computation. Amount finance is 990,500 (srp less discount less 30%dp) chattel is 18,373;
5yrs 27.51% P21,050; 4yrs 20.96% P24,960

Kaya pa sir pababaan yang rate.

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**kamotekid1968** · February 16th, 2017 11:48 AM

again sir, credit this to sir *kishAn, sa kanya galing tong formula na 'to ;) laki ng chattel fee...hahaha!

**kamotekid1968** · February 16th, 2017 11:52 AM

sir *kishAn, how did you compute for the chattel fee? is this based on SRP, DP or interest rate? or wala akong tinama? lol

**kishAn** · February 16th, 2017 11:58 AM

Originally Posted by kamotekid1968

sir *kishAn, how did you compute for the chattel fee? is this based on SRP, DP or interest rate? or wala akong tinama? lol

Sa amount finance based ang chattel fee may table yan per amount finance. Pag provincial address of residence and dealer may additional fee pa ulit yun

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**kamotekid1968** · February 16th, 2017 12:08 PM

universal ba tong table na to? i mean, does all banks follow the same table as far as computing the chattel fee? what if yung amount financed is 423,500? how much usually? thanks!

**kishAn** · February 16th, 2017 12:10 PM

Originally Posted by kamotekid1968

universal ba tong table na to? i mean, does all banks follow the same table as far as computing the chattel fee? what if yung amount financed is 423,500? how much usually? thanks!

Not really sure with other bank's table pero dapat hindi siguro nagkakalayo. For amount finance of P423,500 if no out of town charges chattel fee is or should be around P11,112 only

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**kamotekid1968** · February 16th, 2017 12:14 PM

hi sir, when you say out of town charges? what does it mean? if you live outside metro manila? (e.g provinces) i was quoted for 13k+ for the chattel fee? can this be disputed incase? thanks!

**reine2008** · February 16th, 2017 12:17 PM

Parang isang bank lang yung sayo *sir kishan at etong kausap ng asawa ko kasi sakto ang computation mo.

Hindi ko alam paano ko sasabiin na makipag huggle pa sa kausap nyang branch head. Actually, hindi na kasi sya nag apply sa ibang bank kahit na BdO sya talaga may account.

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