Car Loan Interest Rates?

[casey_jones]

hi wifi21,

nag message po ako sa inyo. thanks.

[camz]

Hi,

I'm a newbie here. Hingi sana ako ng tulong bout cars. Wala kasi akong idea, plan ko ibili ng adventure sport ung parents ko. Ano kaya magandang gawin? If may idea kayo, latest rates ng bank or ung may magandang deal. Pakisend naman sa chris_camz2003@yahoo.com kasi nagcacanvas pa lang ako. Nag join lang din ako dito para mag seek ng help kasi karamihan sa mga member eh knowledgeable.

Thanks in advance.

[millsguevarra]

Hi,

I'm a newbie here. Hingi sana ako ng tulong bout cars. Wala kasi akong idea, plan ko ibili ng adventure sport ung parents ko. Ano kaya magandang gawin? If may idea kayo, latest rates ng bank or ung may magandang deal. Pakisend naman sa chris_camz2003@yahoo.com kasi nagcacanvas pa lang ako. Nag join lang din ako dito para mag seek ng help kasi karamihan sa mga member eh knowledgeable.

Thanks in advance.

Hello sir.

Normally po in between 7% to 9% ang car loans. 9% pag in-house financing.

Sa banks ka kumuha kasi mas mura. I heard BDO offered the lowest rates. Some guy named mazingerZ works in BDO and maybe he can help you. Not sure if he quit his job already. :P Also, for fast approvals, go to PSBank.

[abbya]

hello mazingerz! can you pm me about your rates.. i'm planning on getting a civic 1.8s AT with 50% down. payable in 2-3 years =)

hello wifi21, i've sent you a message, i hope you'll also be able to help me. thanks!

[rommel gomez]

Hello! Newbie here, We will be acquiring a New Toyota Avanza 1.3 J Thru PS bank car loan, can anyone check if i had a good deal?

Unit Price: 613,000
DP 20%: 122,600
Amount to be Finance: 490,400
Term: 60months
Interest: 29.61%
Monthly Ammor.: 10,911
Chattel Mort.: 14,100

The Tied up Dealer of the bank gave me 10,000 discount.
Insurance + TLP: 19,300 w/ AOG
LTO 3 yrs: 10,100
Floor Matts, Seat Cover, Tint, Rust proofing, some dicount and free labor during PMS

Ok na ba tong nakuha ko? i was thinking of the LTO and Insurance, tama lang ba yung quote nato or parang masyado yatang mataas. Anyway the dealer is from Toyota Manila Bay.. Salamat!..

[ak27]

nag paquote ako sa china bank we plan to get toyota commuter here's the quote they given to me.

unit price: 1215000
20% DP:243,000
Amount Financed: 972,000
Term: 36
Add on Rate: In Arrears 14.78% OMA 13.97
MA : In Arrears 30,991 OMA 30,772
Chattel Fees: 19,388


sabi ng china bank sabihin ko lang daw sa kanila kung ano offer ng ibang bank then they try to lower pa daw

[ernest_john1984]

Hi mga sir papatulong sana ako kung may kilala or alam kayo na nag car financing na may low down payment at kaya stretch hanggang 5 years ang terms. Gusto ko po sana ng HOnda ESI na automatic yung second hand lng, pang first car po.

Salamat ng marami.. God bless..

[Jiggs]

Hello! Newbie here, We will be acquiring a New Toyota Avanza 1.3 J Thru PS bank car loan, can anyone check if i had a good deal?

Unit Price: 613,000
DP 20%: 122,600
Amount to be Finance: 490,400
Term: 60months
Interest: 29.61%
Monthly Ammor.: 10,911
Chattel Mort.: 14,100

The Tied up Dealer of the bank gave me 10,000 discount.
Insurance + TLP: 19,300 w/ AOG
LTO 3 yrs: 10,100
Floor Matts, Seat Cover, Tint, Rust proofing, some dicount and free labor during PMS

Ok na ba tong nakuha ko? i was thinking of the LTO and Insurance, tama lang ba yung quote nato or parang masyado yatang mataas. Anyway the dealer is from Toyota Manila Bay.. Salamat!..

Partner, pa double check mo ang computation...kse kung ang Monthly Ammortization mo is 10,911 pumapatatak na 33.495% yan total interest mo and not 29.61% Php 318 per month din ung madagdag sayo nyan for 60months.

I think mas makakamenos ka kapag sa bank directly ka nagloan.

[wifi21]

Thank you to all those who PMed me. Please let me know if may hindi pa ako nasasagot sa queries nyo. I received a lot of PMs consulting me regarding car/auto loans. I would suggest na PM nyo rin sakin yung email addresses nyo so I can reply to you directly using my office email. We do not have internet connection in the office kasi that's why hindi ako maka check ng Tsikot account ko.

For those of you who would like to know if you are qualified to avail of an auto loan, kindly PM me your basic information such as:
Complete Name (First, middle and last name)
Complete address
Date of Birth
Mobile Number
Employment details (Name of company, address, your position and telephone number)

If you are married, kindly provide the same information of your spouse as stated above. Don't forget to let me know the unit that you are eyeing to buy.
Brand/Model
Price
Preferred Downpayment (how many %?)
Preferred Terms of payment (how many years to pay?)

Thank you.

[rommel gomez]

Sir Jigs,

My mistake, ang Monthly ko pla ay P10,593, ung P10,911 ay applicable kapag nag late ako ng payment. Anyway salamat sa Response, BTW nakuha ko na yung Unit ko from Manila bay., I am now a 1.3 J owner. nahaggle ko pa yung insurance ko from P19,300 to P14,200 and yung LTO w/TPL is P10,000.. the problem is nisage ko kagad si vanzy ko hehehehe. patulong nman kung paano gamitin yung insurance, i caaled up my SA at sabe nya ay dalhin daw sa manila bay para dun ayusin. may i asked kunh magkano kaya ang usually na aabutin ng participation ko? nayupi lang konte yung sa bumper sa harapan right side, hindi namn ganun kalakihan yung damage ko while the other unit ay walang nasustain na damage. Any suggestion what to do?. specially dun sa mga nakagamit na ng issurances nila. im a first time owner kasi kaya hindi pa ako aware masyado sa mga pasikot skot ng issurance. salamat!..