lowest auto loan rate

**kuldudepare** · January 24th, 2014 01:51 PM

good day mga bossing,

ask ko lang po opinions nyo mga bossing. I'm buying a 2nd hand everest 2009mdl. naaprove na ako for financing tapos po eto ang quote sa akin.

760,000php -srp
228,000php -30% downpay

532,000php - amount financed

20,094php - monthly in 3yrs
28,230php - monthly in 2yrs

23,512php - chatel fee
28,184php - insurance fee

ano po ba % interest nito? pano po macompute yung interest?

ok po ba ang deal na ito or pwde pa inegotiate? kng pwede po, ano po reasonable monthly na pwde ko mapiga in 2yrs at 3yrs?

first time buyer kaya po wala pa po alam pagdating sa mga ganito.

Maraming salamat po mga bossing!

**kasper** · January 24th, 2014 02:40 PM

Nakup0 12% per annum ang interest rate for 3 years. Masyado pong taga. Sa 2 years is 13%?. Mas mabuti pa icash nyo na lang. Eto ang ideal kung 5% per annum :

3 years = 17k
2 years = 22.3k

Hope this helps. Mag inquire po kayo sa ibang bangko. Marami nag-ooffer mas mababa.

**kuldudepare** · January 24th, 2014 02:48 PM

Originally Posted by kasper

Nakup0 12% per annum ang interest rate for 3 years. Masyado pong taga. Sa 2 years is 13%?. Mas mabuti pa icash nyo na lang. Eto ang ideal kung 5% per annum :

3 years = 17k
2 years = 22.3k

Hope this helps. Mag inquire po kayo sa ibang bangko. Marami nag-ooffer mas mababa.

maraming salamat bossing..

nagbigay nako ng 10k for reservation para ndi na makuha ng iba pero yun palang nabibigay ko sa pde pa siguro ako makipagnegotiate.

**RaffyDoodle** · January 25th, 2014 05:10 PM

Pasensya na po kung itatanong ko to. It might be discussed somewhere back in the thread kaso maraming pages na to read back.

Pasuyo na lang po kung paano mag compute ng Interest Rate medyo nalilito kasi ako hindi ko makuha nag exact figure ...

Based on BPI Auto Loan Calculator ....

Selling Price: P838,888.00
Downpayment: P167,777.60 *20%
Amount Financed: P671,110.40
Monthly Amortization: P14,154.00

Paano ko po ba malalaman kung ilang percent ang interest na ini apply nila?

**peejay_07** · January 25th, 2014 06:13 PM

^pinakamabilis dyan i click nyo yung rates na link kung bpi calculator gamit nyo. Meron dapat dun. Pwede rin naman i compute. Kulang nga lang ang data nyo. Walang number of months. Pero assuming 60 months to pay yan, interest = (MA x 60) - amount financed. Interest rate = (interest / amount financed) x 100

Sent from my iPhone using Tapatalk

**yebo** · January 25th, 2014 07:37 PM

gamitin kasi ang internet, meron naman google e!

Compound interest - Wikipedia, the free encyclopedia

**MonteroGLSV** · January 26th, 2014 01:09 AM

I think sir iba ung rate ng second hand car sa brand new
pero masyado po tlga mataas ung rate na binigay nila sa inyo sir.

http://info.bpiexpressonline.com/bpi...s?OpenDocument

Originally Posted by kasper

Nakup0 12% per annum ang interest rate for 3 years. Masyado pong taga. Sa 2 years is 13%?. Mas mabuti pa icash nyo na lang. Eto ang ideal kung 5% per annum :

3 years = 17k
2 years = 22.3k

Hope this helps. Mag inquire po kayo sa ibang bangko. Marami nag-ooffer mas mababa.

**RaffyDoodle** · January 26th, 2014 11:16 AM

Originally Posted by yebo

gamitin kasi ang internet, meron naman google e!

Compound interest - Wikipedia, the free encyclopedia

Yabang mo naman pare. You can reply naman without negative side comments. Of course i consulted the internet that's why i bumped with the BPI auto loan calculator.

My question is simple, how BPI arrived at their interest rate and it can also be explained in simple and not complicated manner by persons who are professionals not like you.

What you just did ... binigyan mo lang ako ng link which i think you too does not know how to explain.

Nagyabang ka pa, do you think your answer makes you a better man?

You just displayed your boastfullness and arrogance.

Thanks but no thanks pareng yabang.

**yebo** · January 26th, 2014 12:41 PM

Originally Posted by RaffyDoodle

Yabang mo naman pare. You can reply naman without negative side comments. Of course i consulted the internet that's why i bumped with the BPI auto loan calculator.

My question is simple, how BPI arrived at their interest rate and it can also be explained in simple and not complicated manner by persons who are professionals not like you.

What you just did ... binigyan mo lang ako ng link which i think you too does not know how to explain.

Nagyabang ka pa, do you think your answer makes you a better man?

You just displayed your boastfullness and arrogance.

Thanks but no thanks pareng yabang.

wow, yun lang nayabangan ka na? sensitive mo naman. obvious lang naman yung sinabi ko, na by using google you can find the answer without needing to have other people answer it for you. what difference does my answer make from somebody telling you to use the search funtion of this board to look for a possible answer in previous posts? and people have been reminded time and again here in tsikot to do exactly just that, use the search function. pero ikaw feeling entitled. so galit ka? at nayabangan sa sagot ko?bakit di mo na lang binasa yung buong thread, all 52 pages of it? i guarantee you that you will not be the first person to be told to do so.

kaya nga nilagay ko yung link kasi andun na lahat ng answers sa question mo. ano gusto mo, i-explain pa sa iyo item by item, kung anong values ang isu-substitute para makuha mo yung value ng interest rate na ginamit. andun na yung formula, gagamitin mo na lang. ka tamad mo naman.

**RaffyDoodle** · January 26th, 2014 01:08 PM

Originally Posted by yebo

wow, yun lang nayabangan ka na? sensitive mo naman. obvious lang naman yung sinabi ko, na by using google you can find the answer without needing to have other people answer it for you. what difference does my answer make from somebody telling you to use the search funtion of this board to look for a possible answer in previous posts? and people have been reminded time and again here in tsikot to do exactly just that, use the search function. pero ikaw feeling entitled. so galit ka? at nayabangan sa sagot ko?bakit di mo na lang binasa yung buong thread, all 52 pages of it? i guarantee you that you will not be the first person to be told to do so.

kaya nga nilagay ko yung link kasi andun na lahat ng answers sa question mo. ano gusto mo, i-explain pa sa iyo item by item, kung anong values ang isu-substitute para makuha mo yung value ng interest rate na ginamit. andun na yung formula, gagamitin mo na lang. ka tamad mo naman.

You forgot the essence of having a forum pogi. It's sharing of ideas and having fruitful conversations. And you also forgot using internet does not gave you the right para maliitin mo ang ibang tao. Remember the word "NETIQUETTE". You better google this term and make use of it.

Im not asking for your unsolicited opinion. If you cannot give a balance opinion, why don't you just shut your mouth and let others make healthy contributions.

Im not new to a forum and i know exactly how to use the search button. What i am asking is just an immediate reply from forum members who has immediate knowledge and concern. And obviously HINDI IKAW YUN.

I don't want to argue with you pogi, kung hindi ka lang maangas wala tayong pag aawayan.

Magpakumbaba din pa minsan minsan pag may time wag puro yabang.