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Car Insurance, Financing and Auto Loans Talk Thread, lowest auto loan rate in Drive Talk; meron po ba kayo alam na mas mababa pa sa rate na to? Metrbnk 1year OMA 5.16% 2yearsOMA 11.7% 3yearsOMA ...
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Thread: lowest auto loan rate

                  
   
   
   
  1. #1
    109
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    Tsikot Member Rank 4 109's Avatar
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    Default lowest auto loan rate

    meron po ba kayo alam na mas mababa pa sa rate na to?

    Metrbnk
    1year OMA 5.16%
    2yearsOMA 11.7%
    3yearsOMA 19.17%
    4yearsOMA 26.97%

  2. #2
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    Default Re: lowest auto loan rate

    9% per annum sa afpslai for a 3-year car loan, pero dapat member ka ng afpslai para makapag loan.

  3. #3
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    Default Re: lowest auto loan rate

    try BPI family it is lower.
    1 year is sub 5%

  4. #4
    Tsikot Member Rank 3 uwak18's Avatar
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    Default Re: lowest auto loan rate

    I think BPI family has the lowest rate. with additional discounts and promos during August their anniversary month.

  5. #5
    a.k.a. Snerac j_avonni's Avatar
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    Default Re: lowest auto loan rate

    I took a carloan from BPI Family Saving last year. However, I'm now encountering a problem with them which I'm still resolving.

    On my previous car, it was loaned from Metrobank. They had good service and always reminded me of my obligations.

  6. #6
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    Default Re: lowest auto loan rate

    bpi family savings bank for me is the lowest

  7. #7
    Tsikot Member Rank 2 low_profile2's Avatar
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    Default Re: lowest auto loan rate

    sa PS Bank po kaya ano interest rate...

  8. #8
    Very Active Lurker Hanren's Avatar
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    Default Re: lowest auto loan rate

    Try mo sa Banco De Oro...yung autoloan program. They also have a personal loan paylite program (0.98% per month, the lowest in the industry, I think). Pero pahirapan ata yung pag approve dun.

    Or you can try to visit the banks' web sites.

    www.bpi.com.ph
    www.bdo.com.ph

  9. #9
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    Default Re: lowest auto loan rate

    You can also go bank "hopping". In my experience, the quoted rates are not fixed. Go to one bank and get a quotation. Then go to the 2nd bank and show the 1st bank's quotation, tatapatan or bababaan pa ng 2nd bank yung rate nila. You can then go back to the 1st bank or to a third bank. Just be friendly and maintain good rapport with the loan officers or bank manager. Don't commit at first. Good luck!

  10. #10
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    Default Re: lowest auto loan rate

    Quote Originally Posted by maverickjazzy View Post
    9% per annum sa afpslai for a 3-year car loan, pero dapat member ka ng afpslai para makapag loan.
    so it's way above metrobank's 5.16%


    Quote Originally Posted by Hanren View Post
    Try mo sa Banco De Oro...yung autoloan program. They also have a personal loan paylite program (0.98% per month, the lowest in the industry, I think). Pero pahirapan ata yung pag approve dun.
    that translates to 11.76%p.a.


    Quote Originally Posted by asag View Post
    try BPI family it is lower.
    1 year is sub 5%

    nakausap ko kanina BPI, basta ang ibibigay daw nilang ay "lowest there is"





    thanks guys for the replies



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