All New 2013 Toyota Vios (3rd Gen)

[JJ All Day]

So saan may banko na mas mababa pa ang interest rate ng 30% DP sa 70% DP?

That is not the point.

[jut703]

That is not the point.

You should make apples-to-apples comparisons of interest rates. The scenario you posted isn't realistic because banks don't offer lower rates for lower DP customers since these are higher risk customers, just as banks don't offer lower interest to longer term customers compared to shorter term customers.

Larger downpayment = lower interest rates
Shorter loan period = lower interest rates
That's how banks work.

[Dobermaxx99]

You should make apples-to-apples comparisons of interest rates. The scenario you posted isn't realistic because banks don't offer lower rates for lower DP customers since these are higher risk customers, just as banks don't offer lower interest to longer term customers compared to shorter term customers.

Larger downpayment = lower interest rates
Shorter loan period = lower interest rates
That's how banks work.

Agree. In real world scenario, I'm sure, 500k DP will be offered much lower interest rate compared to that 200k. (Assuming same bank)

Given that, hindi ko rin makita kung bakit "THE LOWER THE INTEREST RATE THE BETTER IS THE OFFER."
Kung P775K (15% IR) compared to P740K (20% IR). Syempre dun na ako sa 740 even higher IR.

[JJ All Day]

usually, the higher the principal/loan amount (and/or the longer the term of the loan), the lower is the interest rate. that's how bank do business.

Credit risk has nothing to do with down payment (bayad na yan, wala ng risk dyan). it is determined based on the principal/loan amount vis-a-vis credibility of the borrower, the amount of his/her deposit (you can't be a borrower if you are not a depositor) and the value of the collateral (REM, chattel, etc.), among others.

[JJ All Day]

the higher the principal/loan amount (and/or the longer the term of the loan), the lower is the interest rate. that's how bank do business.

Credit risk has nothing to do with down payment (bayad na yan, wala ng risk dyan). it is determined based on the principal/loan amount vis-a-vis credibility of the borrower, the amount of his/her deposit (you can't be a borrower if you are not a depositor) and the value of the collateral (REM, chattel, etc.), among others.

[Juan Martinez]

what, you can't be a borrower if you're not a depositor?

[JJ All Day]

what, you can't be a borrower if you're not a depositor?

while there is no bsp regulation about that, most banks observe that as internal policy.

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[rapiboi]

you can loan to the bank you want even your not a depositor there...banker here

[JJ All Day]

you can loan to the bank you want even your not a depositor there...banker here

Not in the banks i worked with, even if you want to.

[JJ All Day]

LOAN TO VALUE (LPV)

If one needs to borrow P900K to purchase a P1MM Car, the LPV is 90%. For you to get a loan, ideal LPV should not be higher than 75%.

But in the banking industry, the LPV is not the only factor to measure risk (and to determine the rate that may be offered).
Other factors include credit history, customer profile and the deposit adb of that customer.
After considering all factors, we call that CREDIT RISK (not purely LPV).

[dartz]

Okay time out muna, may marecommend po kayo body dents repair shop. Near Mandaluyong sana or Cavite yung malinis gumawa pero di taga. Balak ko pagasa yung dent sa right rear hood.

[JJ All Day]

Okay time out muna, may marecommend po kayo body dents repair shop. Near Mandaluyong sana or Cavite yung malinis gumawa pero di taga. Balak ko pagasa yung dent sa right rear hood.

Buendia Auto Center at Gil Puyat/Jupiter (tapat ng Tong Yang).. Hanapin mo si Rovic.. Do'n ko pinagawa yung akin. 3 small dents, P1300. Nakalibre na din ako parking maghapon hehehe so sulit at pulido ang pagkagawa.

Inquire ka dito 091789425150 09195664666 09229056425 09193415065

[dartz]

Okay try ko mamaya or bukas pumunta. Salamat sa suggestion.

[JJ All Day]

Okay try ko mamaya or bukas pumunta. Salamat sa suggestion.

Painteless Dent Removal (PDR) 'yon, if kaya pa. Pero kung di kaya ng PDR (in case na nabakbak na pintura), kelangan na yan pinturahan (and they charged around P3K per panel). Kagandahan lang sa kanila, yung dent/s eh i-pupush pa din pabalik (instead na takpan ng masilya) bago pinturahan.

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Okay try ko mamaya or bukas pumunta. Salamat sa suggestion.

Painteless Dent Removal (PDR) 'yon, if kaya pa. Pero kung di kaya ng PDR (in case na nabakbak na pintura), kelangan na yan pinturahan (and they charged around P3K per panel). Kagandahan lang sa kanila, yung dent/s eh i-pupush pa din pabalik (instead na takpan ng masilya) bago pinturahan.

[doodzie]

andyan na ung unit ko .. pwede ko na ilabas sa sat yipeee ?

[dartz]

Painteless Dent Removal (PDR) 'yon, if kaya pa. Pero kung di kaya ng PDR (in case na nabakbak na pintura), kelangan na yan pinturahan (and they charged around P3K per panel). Kagandahan lang sa kanila, yung dent/s eh i-pupush pa din pabalik (instead na takpan ng masilya) bago pinturahan.

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Painteless Dent Removal (PDR) 'yon, if kaya pa. Pero kung di kaya ng PDR (in case na nabakbak na pintura), kelangan na yan pinturahan (and they charged around P3K per panel). Kagandahan lang sa kanila, yung dent/s eh i-pupush pa din pabalik (instead na takpan ng masilya) bago pinturahan.

Eto yung tama nung wala pang isang buwan na Ponkan Vios ko, bukod pa yung mga nasa front bumper sa harap hahaha... Kaya pa kaya yan ng Painless Dent Removal eh tuklap ang pintura?

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Painteless Dent Removal (PDR) 'yon, if kaya pa. Pero kung di kaya ng PDR (in case na nabakbak na pintura), kelangan na yan pinturahan (and they charged around P3K per panel). Kagandahan lang sa kanila, yung dent/s eh i-pupush pa din pabalik (instead na takpan ng masilya) bago pinturahan.

- - - - - - - - - - - - - - - - - - - - - -



Painteless Dent Removal (PDR) 'yon, if kaya pa. Pero kung di kaya ng PDR (in case na nabakbak na pintura), kelangan na yan pinturahan (and they charged around P3K per panel). Kagandahan lang sa kanila, yung dent/s eh i-pupush pa din pabalik (instead na takpan ng masilya) bago pinturahan.

Eto yung tama nung wala pang isang buwan na Ponkan Vios ko, bukod pa yung mga nasa front bumper sa harap hahaha...

[JJ All Day]

Your options:

(1) Around P500 for PDR then touch-up paint mo nalang
(2) Around P3000 for body repair (mamasilyahin yung part na may dent at pipinturahan yung buong panel)
(3) P4,000 to P10,000 for side skirts

Heto sa akin, naka sideskirts na:

[doodzie]

Your options:

(1) Around P500 for PDR then touch-up paint mo nalang
(2) Around P3000 for body repair (mamasilyahin yung part na may dent at pipinturahan yung buong panel)
(3) P4,000 to P10,000 for side skirts

Heto sa akin, naka sideskirts na:

wow pogi..


tama show your porma vios naman mga sir..
para me idea ung me mga bagong unit

Thanks

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Your options:

(1) Around P500 for PDR then touch-up paint mo nalang
(2) Around P3000 for body repair (mamasilyahin yung part na may dent at pipinturahan yung buong panel)
(3) P4,000 to P10,000 for side skirts

Heto sa akin, naka sideskirts na:

wow pogi..


tama show your porma vios naman mga sir..
para me idea ung me mga bagong unit

Thanks

[JJ All Day]

That side skirts cost me P4,000 only.

Sulit na din kasi natakpan yung "dent dahil sa hampas ng gate" sa isang side (pina PDR ko at nilagyan ng touch up paint kasi metal portion) at "yupi dahil sa tama ko sa gutter" sa kabilang side (di ko na pinagawa dahil sa plastic portion naman ang yupi).

[chito2011]

Ahh, wala sakin walang indicater ng FC sa instrument panel. Pero eco meron, ganyan pinapractice ko na pagtapak as much as possible maintain lang yung apak kaso pag ganyan mabagal mag accelerate kaya nga minsan sa traffic sinisingitan ako kasi nga magaan lang tapak.

[QUOTE=JJ All Day;2569548][B]usually, the higher the principal/loan amount (and/or the longer the term of the loan), the lower

Because I'm very debt-averse, my principle is always to pay the highest DP that you can (100% cash is always best), in order to minimize the loan amount, and always try to pay it off at the shortest time possible.

From all loans that I've encountered, a higher DP allows you to haggle for lower interest rates for the loan amount (whether car loan or housing loan). Hence, a higher DP always results to a lower total payment vs a lower DP loan. Even if the interest rate were equal, the lower loan amount with a higher DP loan means lower interest amounts. But to have an interest rate much lower such that a low DP loan will have a lower total payment than a high DP loan, I've yet to see one. If ever I do, I'll quickly jump to the next bank and tell them to match the low interest rate even with my high DP.

Though it's possible to shell out a small DP and then use your remaining funds to invest in instruments with higher returns, one non-objective factor in that strategy is your ability or discipline to make sure that the money saved from paying a lower DP upfront is allotted completely to investing, as opposed to unnecessary purchases. Many people find it to resist temptation to spend when they have so much money on hand. If you pay a huge DP, then you certainly won't spend unnecessarily since you're not that liquid anymore. And of course there's the volatility of the market (like now, thanks to China and Greece).

DP to me is equity. Ang habol ko ay take home pay so I opted for a bigger equity (to you its deposit pymt) para bumaba ang loanable amount.

Iba iba ang policy ng banks but common yung policy ng mga banks abt the intrest rate gets higher as the term gets longer.

Ano ba yan dati speed ng vios pinagtalunan natin dito, ngayon ay to naman... lol