Buying a Car

[Fluffyheart]

@gorgeous_me

Chattel computation would be
Monthly payment x months x 2%

[gorgeous_me]

^thanks sis

[abbeydasassy]

^someone

what car did you get?

[someone]

@abbeydasassy vios 2015 ☺

[Pretty_aye]

Hi all,

Im planning to get a vios this month pero medyo naguguluhan ako, Low downpayment sa in-house pero malaki monthly compare sa bank, if magdown naman ako ng same amount na dapat downpayment sa bank at maging same yung monthly mas okey sa inhouse kasi madaming freebies tama ba?

[someone]

@Pretty_aye

Mas maliit kasi ang interes pag through bank loan. Kung same ang downpayment mo sa bank at sa in-house, yung monthly payment mo will not be the same. Mas malaki pag sa in-house. Now there are a lot of freebies pero pag itotal mo yung amount, hindi pa rin aabot sa matitipid mo sa bank financing.

Pero ako I opted na lang for in-house para mas convenient. I submitted my documents on a Tuesday, it was approved on a Thursday. Tas ayun, sila na bahala sa lahat. Then I got my car on a Saturday. Actually dapat Thurs din pero walang available unit that time.

[ayi21]

Our first car was Hyundai i10 AT 2011. Actually from Hyundai San Pablo pa yung agent na kinuhanan namin. Ang layo since we are from Pasig. LOL. Sa OLX ko lang kasi din nacontact yung agent tapos dineliver lang nila dito mismo sa bahay yung sasakyan. Tapos last Nov 2013 pinalitan ni hubby ng Tucson AT (Gas) yung sasakyan kasi naliitan na daw sya sa i10. We got the unit naman from Hyundai North Edsa. Nakakatuwa lang din magvisit sa kanila every maintenance nung car merong Free Breakfast. Fuel consumption is okay naman umaabot ng 2weeks full tank(1.8k-2k) hatid and sundo sa school ang kids.

[Pretty_aye]

Got approve with BPI Family bank. pero naguguluhan pa rin ako if inhouse sa Toyota or thru bank, one of the requirements din sa BPI insurance with acts of nature so meaning wala pa included n insurance eh magkano rin yun, Im waiting pa sa quotation ng Toyota if ang amount DP ko [textspeak!] 20% ng total since nkapromo [textspeak!] vios if how much monthly ko tpoz check ko [textspeak!] mas okey.

[C_r_i_s]

Sa computation ko mas mura talaga ang total contract price if you sum up the DP (at least 20%), chattel, insurance, & monthly amort thru bank financing. Advantage naman sa in-house financing, low DP, maraming freebies at less hassle sa requirements. Kung ayaw mo na mabigat ang payments mo before you get your car, pwede na yung in-house. Kung may savings ka naman at nanghihinayang sa addl interest ng in-house, mag bank finance ka. I opted for bank finance when I bought my first car. 20% DP, 36 months balance.     

[mitcha15]

Sa mga bumili po ng mirage, kanino dealer po kayo bumili? Ano po promo Ang mayroon din ngayun whether Toyota and other brand. Thank you.

[nicola_juliano]

^ Thank you smeone. Nagka-idea ako ng bongga. Mukhang brand new nga dapat bilhin kapag zero pa alam sa car. thanks!

[CityHunter]

Hi, mga sis.

Did anyone here bought any of those China-branded car?  It would be great if someone can give their input on such para naman may idea rin yun mga considering those.

[someone]

@nicola_juliano, glad to be of help. I'm no expert pero would be glad to share my experiences if you have other questions.

And yes I agree sa brand new. We have an old automatic car pero deadma. Di ko talaga ginamit at natatakot ako masiraan o makabangga. With brand new you have peace of mind dahil di ka masisiraan na lang basta. Saka makabangga / mabangga  (knock on wood) ka man eh may insurance na sasalo.

[Pretty_aye]

Hi,

Finally we decided to get the in-house even approved kami sa different bank. to compute samples para maka help sa ibang sisses. Here it is

Brand new car -    762,000
                          Down          Monthly
Bpi -                   152,400       12,919

Toyota
25%                   95,400         14,045
20%                   53,400         14,983

Bpi vs. 25%        down difference of 57k monthly is 67,560 for 60months (mas okey ang Toyota 25% kasi 10k plus lang pero included na insurance lto and all that with freebies)

We decided na sa Toyota pero nung nagpa reserve kami nagcompute ulit kami

Toyota 25% vs. 20%  down difference is 42k monthly is 56,280 for 60 months ( mas okey pala [textspeak!] 20% since mas malaki yung price down nya compare sa 25% both with the same inclusion and freebies)

yan waiting na lang kami ng color gray hopefully before Christmas meron na. submit na lang din [textspeak!] ng mga documents later

hehe excited

[someone]

Congrats @Pretty_aye! Sana nga marelease na before Christmas best Xmas gift hehe.. Ako rin Vios E na matic pero black.

Sis, since pareho tayo na Vios and in-house financing, FYI lang na 1 year lang yung free insurance. Bale since 5 years yung term mo, yung remaining 4 years ikaw na magshshoulder. Sa agent ko sabi 28K daw every year pero pwedeng installment (6 months through PDC).

[Pretty_aye]

sis someone, yes one year nga lang pero I don't have any idea sa amount ng insurance, now I know how much ask ko rin sa agent ko hehe, thanks sana nga my color gray na excited na ko

[fredprinz]

Hi Team!

Any idea on how much a 2015 Toyota Wigo na manual transmission is now?

[mitcha15]

^ nagpa-qoute ako ng Wigo 2015 A/T  (M/T wala akong pricing nakakuha) sa Toyota Cubao
 
unit price: 546k
30%dp: 163,800
all-in dp: 149K
ma @2yrs: 19,980 (bank-financing)

free:
insurance, chattel, LTO reg 3yrs, seat cover, rustproofing, tint, floormats, set of tools, labor cost on 1K km and 5K km maintenance service.

[someone]

Sa mga may new cars here, how long did it take for you to get the OR/CR? Sabi ng MMDA 7 days ka lang pwede sa daan otherwise you'd be illegal. Ang sabi naman sakin sa toyota eh 3 weeks daw bago nila marerelease.

[lakwatsa]

^kapag wala ka pang plaka, dapat meron kang permit to travel. hingi ka sa dealer ng ganun para yun ang ipapakita mo sa MMDA kapag pinara ka.