for middle management this is what our company offers:
*P500,000 budget to purchase the car rest of the balance assumed by the manager
*the company pays for the insurance, registration, maintainance and 150 liters of gas a month
*after 5 years the manager has the option to buy back the car (less his equity %tage if over the 500k budget)
*if over the 500k limit he can repay the company the balance in 24 months equal installments interest free