REGULAR FINANCING OPTIONS

Downpayment

20%, 25%, 30%, 35%, 40% 45%, 50% of Unit Price

Balance

monthly installment -36 months,48 months or 60 months

Other Fees

3 yrs LTO Registration, 3 yrs TPL, Chattel Mortgage Fee and 1 yr Comprehensive Insurance with Acts of Nature. These Other Fees are FREE for All-In Low Downpayment Plans.

OVERSEAS FILIPINO WORKERS & LOCAL BUYERS

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 Php10,000.00 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

  a) Duly fill up Auto Loan Application Form provided herewith and submit      b) Provide us with a copy of the following:

      1.  Your latest Job Contract or COE with Gross Compensation
      2.  At least 3 months Proof of Remittances to the Philippines
   In case of releasing/ delivery of unit in your absence, pls provide us
  c) A copy of your Philippine valid ID with 3 specimen signatures (eg.                  passport, driver's license, PRC, UMID etc)
  d) Consularized Special Power of Attorney (SPA) for your authorized rep      

            (Request for a Sample Form here)       

         -   Initially email 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 - Your Spouse can now sign the Affidavit of Marital Consent here in the Philippines or some               banks allow qualified single signatories for an auto loan now.

  c) Financing applications takes a minimum of 5 days or more to process,            depending on individual cases.

  d) Inform us when you plan to purchase the unit of your choice.  

* Submission of complete requirements are needed prior to processing of auto loan applications.

1) Make a reservation deposit of Php10,000.00 for the vehicle unit of your          choice. This should be paid direct to the automotive dealer of the                  authorized Sales Executive.
    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 processing.  

AUTO LOAN APPLICATION FORM HERE

     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.
             Latest three months Bank Transactions and/or ITR with                                   Financial Statement. If business is from trade, major supplier/s and                 regular client/s, business contracts etc.

         2. A copy of your Philippine valid IDs with picture and signature (eg.                 passport, driver's license, PRC ID, UMID, 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. Proof of Billing Address - latest utility bills (original)


**Because of the Worldwide Covid-19 Pandemic, the country is presently under various Quarantine Levels. Therefore, all banks are operating at half their original workforce (skeletal force).  Processing of auto loan applications take longer now.  Stricter approval requirements are being implemented by the banks.  Please prepare your original documents.  Submit the copy together with your auto loan application. But the required latest original utility bills should be submitted prior to release of the vehicle.


***Submission of complete requirements are needed prior to processing of auto loan applications.


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