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GIRLTALK

Author Topic: Auto loan..  (Read 25923 times)

aka_formality

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Re: Auto loan..
« Reply #20 on: November 24, 2012, 09:38:47 AM »
Mga sis, ang interest rate ba na 26.8% for five years na car loan sa bank eh mataas ba na rate compared sa iba? ano ba ang ok na rate if 5 years to pay? No idea kasi. thanks

roxybrat

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Re: Auto loan..
« Reply #21 on: November 27, 2012, 05:39:53 PM »
^sis san yan 26.8% for 5 yrs? ako kasi nag inquire kanina lang sa bdo 29.13% for 5 yrs ang binigay.. natataasan ako.. suggest naman kyo mga sis san mababa na bank magbigay? gusto ko sana punta sa psbank kaya lang medyo malayo smen, kung eastwest bank wait ko pa opening ng malapit sa house namen.. :)
"Lets turn our mistakes into lessons and our fears into hopes. We should have a faith in ourselves and keep strong!"

aka_formality

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Re: Auto loan..
« Reply #22 on: November 29, 2012, 08:21:12 PM »
Hi sis, try mo inquire sa metrobank sis. yan rate binigay nila.

Yui_21

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Re: Auto loan..
« Reply #23 on: December 30, 2012, 01:02:01 AM »
ako hindi na-approve ng kahit anong bank...reason is my co-maker (husband) has bad credit record in citibank...so walang tumanggap saming bangko kahit PSBANK..so sad..kahit nga yung mga in house pinatos na namin ganun pa din..oh well..no choice but to avail a car in full cash or second hand..  :'(
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leicq

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Re: Auto loan..
« Reply #24 on: January 10, 2013, 10:54:51 AM »
It's quite fast. BPI's process was fast and easy, I applied online on a Monday and got the approval the following day. No documents required until you actually avail of the loan and sign the papers. Their rates were quite good also. :)

@Yui_21, my husband also had a bad credit history but we were able to get an approval naman. Maybe it helps if you have an account with the bank (like I did with BPI.)

Yui_21

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Re: Auto loan..
« Reply #25 on: January 10, 2013, 11:06:08 PM »
^sis I have current and savings account sa BPI..even our payroll (hubby and I) is BPI but they didn't approve my loan due to bad credit nga daw ni husband..oh well, maybe it's not really for us (buy new car).. :(
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meimei

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Re: Auto loan..
« Reply #26 on: January 18, 2013, 03:42:35 PM »
^^sis leicq, i'm also considering BPI for a car loan. please share naman yung terms mo... please... :) i mean, how much was the loaned amount, magkano ang monthly amortization, and how long?

also, weird question, first time kasi mag-avail ng car loan... kasi di ba pag bibili ka ng car, there's a downpayment, then monthly amortization. pwede bang kasama sa i-loan sa bank yung pang-downpayment? o kailangan talagang bayaran ko in cash yun?
« Last Edit: January 18, 2013, 03:57:23 PM by meimei »
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dda

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Re: Auto loan..
« Reply #27 on: February 12, 2013, 09:44:45 AM »
Nagpaquote ako sa BPI kahapon ng MIRAGE
taxfree kasi yung car so the price we got from CarWorld is from original price 548K, our price less tax and company discount is 471,400.

BPI
DP 94,280.
36 mos - 12,107
48mos - 9538.
60mos - 8072.

Di pa ako sure sa Mirage kasi parang di ako nagandahan sa interior nya, Other choices ko SPARK (wait ko muna yung new spark na ilalabas this march), CELERIO and PICANTO.

Any suggention? Budget ko is 600k below, pang city driving lang mostly pang mall at panghatid ng mga kids sa school.
« Last Edit: February 12, 2013, 09:48:17 AM by dda »

meimei

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Re: Auto loan..
« Reply #28 on: February 12, 2013, 10:31:12 AM »
^wow, thanks for sharing that! Mirage din ang balak ko and BPI loan. thanks!!!!! naku, saang branch yan? dapat pag kumuha ako sa ibang branch, halos ganyan din ang quote sakin.
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dda

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Re: Auto loan..
« Reply #29 on: February 12, 2013, 04:38:02 PM »
^sis yung quotation na yan less tax kasi ipapasok ni hubby sa company nila located sa clark kaya tax free.. Sayang kasi yung discount pero ako magbabayad at personal use ko yung car.

If not tax free, regular price sya na 548k kaya mas mataas yung computation.

« Last Edit: February 13, 2013, 10:22:19 AM by dda »

meimei

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Re: Auto loan..
« Reply #30 on: February 12, 2013, 04:59:35 PM »
^nyaks, wag ninyo ipangalan sa company, mas mabuti pang bayaran ninyo ang mas mataas na price. i don't think that would be a wise practice. kasi kung may mangyari sa inyo ng asawa mo (God forbid), hindi yan maka-count as property ninyo. wawa naman mga anak ninyo. title ang titignan diyan, so kahit na ang internal arrangement ninyo ay pera ninyo ang gagamitin at for personal use, title ang importante. anyway, just my opinion.
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dda

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Re: Auto loan..
« Reply #31 on: February 12, 2013, 05:28:52 PM »
20years na si hubby sa company and 2nd car na namin ito at yung una car loan naman sa company at malapit na matapos. Ok naman yung company nila at halos dun na tumanda si hubby kaya alam na niya na safe yung gagawin namin. Anyway thanks sis sa advice.

pumpkin13

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Re: Auto loan..
« Reply #32 on: February 13, 2013, 04:46:08 PM »
^sis, nagapquote din kami ng Mirage sa BPI. Pero we want a bigger downpayment para mas maliit lang yun monthly payment. Here's what we got:

DP: 30%
5yrs: approximately 7.5k monthly

When BPi called again kanina, ang downpayment amount is around P168k pero since may LTO registration pa and etc, aabot sa P200k ang upfront payment. Masyado na malaki, baka hindi na kayanin.

Any other option kaya?
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meimei

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Re: Auto loan..
« Reply #33 on: February 13, 2013, 05:05:31 PM »
^sis, ang laki kasi ng DP na pina-quote ninyo, 30%. talagang aabutin ng 200K yun. so you really have to choose between "higher downpayment, lower monthly amortization" or "lower downpayment, higher monthly amortization". there really is no other way to get around it. maganda na nga ang BPI auto loan compared sa iba. :)
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pumpkin13

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Re: Auto loan..
« Reply #34 on: February 13, 2013, 05:09:48 PM »
^oo nga sis eh. kami kasi ang nagsabi ng 30% kasi habol namin talaga is yun lower monthly payment kasi 5 years din yun. We just didn't expect na on top of the DP, ma malaki pang fees na aabutin na kami ng 200k.  :(
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dda

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Re: Auto loan..
« Reply #35 on: February 13, 2013, 08:17:06 PM »
^yung mirage kasi dipa ALL IN dun sa 548k. Insurane, lto and chattel mortage aabot ng 46k.
Ako din mas gusto ko yung mababa yung monthly pero ang sakit sa bulsa ng higher DP.

Wait ko lang muna yung 2013 SPARK, irerelease daw ng march before ako magdecide kung ano kukunin ko. Ang ganda kasi ng interion ng sparl compare sa mirage na sobrang simple.

roxybrat

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Re: Auto loan..
« Reply #36 on: February 14, 2013, 07:53:19 AM »
i availed an all in package thru honda agent.. honda city 2013 1.5E kinuha ko.. send my requirements nun monday then approved by tuesday tapos nag dp na ko yesterday at nauwi ko rin agad un unit.. ang bilis ng pangyayari! not bad for me un nakuha kong deal, free lto,chattel, insurance. tapos un accessories like sensor, sun visor, tint free din.. i compared the quotation given by bank vs agent halos same lang ang ilalabas ko na pera.. less hassle pa kc no need na SPA ni hubby (OFW).. :)
« Last Edit: February 15, 2013, 08:17:12 AM by roxybrat »
"Lets turn our mistakes into lessons and our fears into hopes. We should have a faith in ourselves and keep strong!"

meimei

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Re: Auto loan..
« Reply #37 on: February 14, 2013, 06:54:22 PM »
^hi sis. if it's ok, sana you can share how much yung DP mo and how much ang monthly amortization and across how many years? thanks!
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mgeoffrey_88

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Re: Auto loan..
« Reply #38 on: March 20, 2013, 09:13:15 AM »
Hi!

We also applied for auto loan. One day lang approve na agad sa BPI. Before, Mirage and Vios ang pinagpipilian namin. After much consideration, we chose Vios.

Sa banks, pinakamababa ang bigay sa amin ng UCPB. Ok din BPI, but for BDO medyo mataas ang rate na binigay nila.

cinnam

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Re: Auto loan..
« Reply #39 on: March 29, 2013, 06:09:49 PM »
Hi, if mag apply ng bpi car loan, may collateral ba? guarantor?
« Last Edit: March 29, 2013, 06:13:43 PM by cinnam »

 

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