What is my chance?

[eee7]

I am currently working with my company for 1 year already.

Current salary is 10,000 monthly plus 7,000 monthly allowance and 12,000 car allowance and monthly commission of 10,000 to 20,000.

My company will give me 60,000 for my car downpayment.

What do you think is my chance for car loan approval from BPI? Medyo nag-aalinlangan kasi ako dahil sa 10,000 lang salary ko.

Added info:
*I have a Saving and Checking accounts from BPI.
*Most of my coworkers got their cars from Toyota very easy, pwede rin kaya sa akin yun?

[pup2]

Wala naman mawawala sa iyo if you try. At kahit 10K lang suweldo mo may car allowance ka naman. Plus, technically, the bank owns the car until you loan is ully paid.

If I were you though, Id commute hanggang kaya ko and just save up until I can pay in cash. Medyo mataas din kasi interest ng car loan -- at pag sinabay mo sa matulin na depreciation ng kotse, talo talaga.

[eee7]

If I were you though, Id commute hanggang kaya ko and just save up until I can pay in cash. Medyo mataas din kasi interest ng car loan -- at pag sinabay mo sa matulin na depreciation ng kotse, talo talaga.

I am thinking of that also, kaya lang niisip ko rin yung sayang na benefits from the company. If you own a car, sila na kasi ang gagastos lahat from gas to other needs of the car.

Currently I am choosing between Getz or Vios. Getz ang monthly ammortization nya is around 9000 lang, may matitira pa sa car allowance ko. If Vios naman 13,800 monthly, lugi pa ako at kailangan kung magdagdag.

[badaboom]

consider mo din.

accent
rio
alto (gas)

tipid tapos yung accent and rio are diesel. kung 12k ang car allowance mo. consider also the FC pag tipid mas malaki masasave mo.

[jeDi13]

can you still get the excess of the car allowance in case your monthly amortization is below 12k?

go for the getz, at least, you won't pay anything from your own pocket. go for the car of your choice after you've saved enough.