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"
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 Official 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
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. Local Residence Certificate (Both)
c) Financing applications takes a minimum of 3 days or more to process depending on
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.
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 Official 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
b) Provide us with a copy of the following:
1. Your latest Contract of Employment with Gross Compensation or
Copy of DTI [Business Reg] or SEC if your income is derived from business.
Upon release of the vehicle to you, provide us with the following:
2. A copy of your valid ID with picture and signature
(eg. passport, driver's license, PRC ID, SSS ID, GSIS ID, etc)
3. Your Tax Identification Number (TIN) or that of your spouse or if single, your co-
maker's TIN (usually a parent, a brother, a sister)
4. Residence Certificate (Both)
3) Financing applications takes a minimum of one (1) day - three (3) days - Metro Manila & Suburbs
Residents and three (3) - seven (7) days for Provincial Residents
For more information and assistance
Email us at: admin@auto-searchphilippines.com
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