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Auto Loan Application Guide
      
    REGULAR FINANCING OPTIONS

1)       Downpayment  -  20%, 25%, 30%, 35%, 40% 45%, 50% of Unit Price
    Balance  -  monthly installment - 24 months, 36 months,48 months or
    60 months
2)       Other Fees -  3 yrs LTO Registration, 3 yrs TPL, Chattel Mortgage   
      Fee and 1 yr Comprehensive Insurance with "Acts of God" -
      *Special Financing Plans give these other fees free to the borrower

      Overseas Filipino Worker

1
)      Ask your authorized representative (a spouse, parent, relative or
    friend) to contact us for personalized and hands-on servicing.

2)      Make a reservation of Php 5,000.00 for the vehicle unit of your choice.  
    This is advised esp. if your choice vehicle is in demand. Orders are
     served on a  "first - to reserve - first - to - be served" policy.  You may
     pay in cash or check, a corresponding Receipt
     will be issued to confirm your reservation.  This will be deducted from
     your total amount due upon purchase of your vehicle.

3)      FINANCING PROCEDURE

 
   a)  Duly fill up Auto Loan Application Form provided herewith and
         submit it to us for processing.
        Auto Loan Application Desktop Form

        Auto Loan Application Mobile Form

    b)  Provide us with a copy of the following:
    1. Your latest Contract of Employment with Gross Compensation
    2. Proof of Remittances to the Philippines

    In case of releasing/ delivery of unit in your absence, pls
    provide us
    3. A copy of your valid ID with picture and signature (eg.
      passport, driver's license etc)
    4. Special Power of Attorney (SPA) for your authorized
    representative duly consularized  by the Philippine Embassy
    located in the country where you are working.  (Sample Form is
    provided herewith)
       -   Initially fax the SPA to your Authorized Representative to
           present to us so we will know who to coordinate with here
           in the Phils.
       -   Prior to the release of your vehicle, your Authorized
           Representative must submit  the original    
           In lieu of SPA - The Spouse can now sign our
           Affidavit of Marital Consent to purchase a unit without
           the presence of the spouse working abroad.
    5. Your Tax Identification Number (TIN) or that of your spouse or
      if single, your co-maker's TIN (usually parent/s or sibling/s)
    6. Proof of Billing Address (Any Latest Utility Bill)

    c)  Financing applications takes a minimum of 3 days or more to
       process depending on individual cases.

    d)  Inform us when you plan to purchase the unit of your choice.  
       It would be ideal for OFWs to apply for an auto loan application
       One (1) a week before their arrival (Metro Manila & Suburbs
       residents)
       Four (4) 4 weeks before their arrival (Provincial residents)

    ** Do you have a short vacation?  Do you want to maximize your
    vacation time?  
    When you qualify, we can assist in  processing your auto loan even
    while you are abroad.

    For Local Buyers
       1) Make a reservation of Php 5,000.00 for the vehicle unit of your choice.  
      This is advised esp. if your choice vehicle is in demand. Orders are served
      on a "first - to - reserve - first - to be served" policy.  You may pay in
      cash or check, a corresponding Receipt will be issued to confirm  your
      reservation.  
     This will be deducted from your total amount due upon purchase of your   
      vehicle.

    2) FINANCING PROCEDURE

    a) Duly fill up Application Form provided herewith and submit it to us
    for loan application  for processing.

    b) Provide us with a copy of the following:
                          Proof of Income
                        Job Contract or Certificate of Employment with Income (OFW),
                        Latest ITR BIR 2316 (Locally Employed & Professionals),
                        Latest ITR BIR 1701 with FS (Income from Business)
         c)   At least 3 months proof of remittances to the Philippines (OFW)
         At least 3 months bank statements or Passbook Entries
         (Income from Business)
         d)   Proof of Philippines Billing Address – Latest Utility Bill
      e)   A copy of your valid ID with picture and signature
                 (eg. passport, driver's license, PRC ID, SSS ID, GSIS ID, etc)

    3)  Financing applications takes a minimum of
       one (1) day - three (3) days - Metro Manila & Suburbs Residents and
       three (3) days - seven (7) days - for Provincial Residents

    For more information and assistance
    Email us at:      auto.searchphilippines@outlook.ph