Owning a car made easy with BDO Auto Loan
MANILA – Commuting to work every day can be extremely difficult, especially during rush hours. Aside from being exposed to pollution, there is always the danger of being late because the MRT or LRT or buses are jampacked or a taxi isn’t available.
Good thing there’s BDO Auto Loan, a fast and convenient auto financing facility that gives you a chance to own a car.
BDO Auto Loan offers competitive rates and flexible payment options that suit your lifestyle and budget. And you can apply for one, whether you are eyeing a brand new or second-hand car.
BDO offers a low down payment: 20% for brand new cars, payable within 1-6 years, and 30% for used cars, payable within 1-4 years.
For new cars, the minimum loan amount is P100,000, which can be raised to 80% of the car’s appraised value or selling price. For used cars, the loan amount is up to 70% of the appraised value or selling price, whichever is lower.
BDO will also give you the option to increase your initial down payment in order to lower your monthly amortization. Plus, you can avail of the All-In Financing Package, which includes chattel mortgage fees, car insurance premium for the first year, and LTO registration for the first three years.
BDO provides an easy and hassle-free loan application process: your application can be processed within 24 hours, and once approved, you can opt to pay the monthly amortization in any of the bank's over 800 branches nationwide.
With a BDO Auto Loan, you can say goodbye to hassle-filled public transport and say hello to your very own car.
To know more about BDO Auto Loan, call the BDO Customer Contact Center at 631-8000, text BDOLOANS to 2256 or log on to www.bdo.com.ph/personal/loans/auto-loan.