
Originally Posted by
sientobente
If you have an existing savings account in the bank, you can try what they call back-to-back, wherein your savings account will be the collateral for your loan. Usually, this has a lower add-on rate than the regular car loan rate. This was one of the options offered to me by BPI. Also, have banks fight for the lowest interest rate they can offer. Don't worry about DIs if it is .5 or 1%, because the bank should take care of it. Sometimes, the higher the DI, the more freebies the SA can give you.
Happy New Year!