Good day to everyone.

Recently, I was in a discussion here at tsikot on whether to buy an Innova or a Fortuner for me, my wife and future kid. I decided on the Innova and learned a few other things to consider when getting a new car and it has greatly helped me. Someone suggested that since it would only be my wife and I plus a baby to just get a sedan and right now I am actually looking to get a vios instead. I got a quote for the Vios A/T E variant and this is how it's broken down.

5,000.00 Downpayment (Refundable or convertible to any accessory for the Vios)
19,370 monthly amortization for 60 months (Bank loan thru BDO)
Free insurance for 1st year
Free tint, seat cover and carpet
Chattel mortgage is covered
LTO Registration covered
5 year warranty

As far as I can tell, i think the deal is pretty good. The only catch is that I am locked in with the car insurance provider choice of BDO until the fourth year of ownership of the car. Another thing is my agent didn't actually specify the free maintenance (labor) for first 5k and 10k. I hope it is part of the deal. Originally I asked for a quote for the same model of Vios in a Toyota dealership near my town and the agent gave me about the same quote. However, one major difference is the 120,000.00+ downpayment for bank financing. So I asked around and my office mate introduced me to his agent and I got this deal. Apparently we are subject to 15% discount on Toyota cars hence the omission of the 120,000.00 downpayment.

If I can provide the necessary documents to the agent on monday, I might be able to drive the new car home by Saturday next week. He can give me an invoice and vehicle delivery note on release of the car. The ORCR (named after me) plus plate number will be available after two weeks he says. I think I tried to cover all bases and ask every question I can think of to make sure my vehicle purchase won't have me regretting my decision because I failed to ask a question or I didn't clarify some details. What do you guys think? Is there anything I am missing or do I take the leap and purchase my very first car?