Auto Loan PH

16/09/2020

27/07/2020

Frequently Asked Questions (FAQs)
1. What type of Auto Loans do you offer?
We can finance 60-75% of the fair market value of the 2nd hand vehicle (car, van or bus) you wish to purchase
We can finance up to 80% on your purchase of any mainstream model brand new car
We can refinance 60-70% the fair market value of your existing vehicle (vehicles OR CR only as collateral for cash loan)
2. What kind of vehicles are acceptable?
Locally distributed brand new vehicles
Locally distributed second hand vehicles (2005 up)
3. What is the minimum value of unit that is acceptable? What are the terms?
Minimum Vehicle fair market value of P300, 000 and 2010 model
4. Who is eligible to get an Auto Loan?
You should be between 21 to 65 years old, Filipino, with combined spouses income (if applicable) of at least PHP 25,000 for second hand vehicles and P40,000 for brand new vehicles. Foreign nationals married to Filipinos, or business entities like partnerships or corporations are likewise eligible.
5. What do I need to submit when I apply for an Auto Loan?
Local employment - certificate of employment, 1 month latest payslip, ITR
OFW Seaman, Land Based or Direct Hire - Latest contract, Proof of remittance or allotment documents
Commissioned Based - Proof of commissions Earned, 3 months latest bank statement, Agents Accreditation / Certification from Company
Business owner (sole prop. or partnership) - DTI / Business Name, 3 months latest bank statement, ITR with Financial Statement
Corporations - 3 months latest bank statement, SEC registration, Articles of Incorporation, ITR with Financial Statement
6. How long is the Approval Period?
24 to 48 hours once complete application form and requirements are submitted
7. What is the total turnaround time for my Auto Loan to be released?
For refinancing ( OR CR as collateral) is around 8 days.
For purchase of second hand around 10 days. (a bit longer due to inclusion of transfer to new ownership)
For brand new purchase, around 72 hours and depending on the unit availability at the Dealership.
But seek first his kingdom and his righteousness, and all these things will be given to you as well - Mat 6:33

27/07/2020

Big advantages of having your Car Insured: *Financial protection against all sorts of auto-related damages/accidents ( theft, acts of nature, own damage, excess bodily injury, property damage, passenger medical expenses, etc)
*Peace of mind that you’ll have the funds to cover any unexpected damages *Saves you money – Paying from your own pockets can be a whole lot more expensive (esp if the damage is great) versus paying a premium.
*Saves you time and effort – Imagine dealing with the finances and paperwork yourself (say you are the offending party) versus having your insurer take care of the bulk of the work *Peace of mind knowing that your car has protection against theft and damages and natural calamities and also against legal law suits arising from vehicular accidents
*Premium as low as around 2-3% of your total car cost for 100% Peace of Mind

01/01/2018

Our hope is not in the new year but in the One who makes all things new.
Anonymous

He who promised is faithful.
Hebrews 10:23

Blessed New Year Everybody!!!

25/12/2017

The whole universe celebrate this blissful day to honor Christ our Savior’s birth.

May the Baby Jesus born in the manger reside as Savior in our hearts today and forever!

Merry CHRISTmas to all!!! 💛💚❤

04/10/2017

Units For sale as of today:

2014 Montero Sport Gls V A/T Red 948k
2015 Montero Sport GLX A/T Black 938k
2014 Montero Sport GLX A/T Black 898k
2015 Montero Sport GLX M/T Silver 898k
2012 Montero Sport GLX M/T Gray 698k
2015 Toyota Fortuner V A/T Gray 1.098M
2014 Toyota Fortuner V A/T White 1.068M
2014 Toyota Fortuner G A/T Dark Steel 998k
2015 Toyota Innova G A/T Diesel 898k
2016 Hi ace Grandia GL M/T Pearl white 1.398M
2015 Hyundai Santa Fe A/T White 1.150M
2014 Hyundai Santa Fe A/T White 1.050M
2013 Ford Everest Limited A/T Blue 798k
2011 Kia Carnival Ex A/T White 738k
2015 Kia Sorento A/T Diesel 898k
2013 Kia Sorento A/T Diesel 838k
2015 Kia Sportage Ex Gas A/T 738k
2012 Kia Sportage Ex Gas A/T 658k

02/10/2017

Some of our Happy Clients =)

(posted with previous permission)