BPI Auto Loan Downpayment – How Much You Must Prepare for Brand New Car Purchase

Guide on How Much You Must Prepare for BPI Auto Loan Downpayment

BPI AUTO LOAN DOWNPAYMENT – Here is a guide on how much you must prepare for the purchase of a brand new car under the Bank of the Philippine Islands’ Auto Loan offer.

Most of us wanted to have our own car as early as the age of 22 years old. Undeniably, having your own vehicle will bring you a lot of benefit most especially during emergency situations.

If you have your own car, if you or someone in the house is not feeling well or an accident took place, you can directly rush to a hospital. This possession is also most convenient for those who are living in a place where public transportation is far.

Are you one of those who already have their own car now? Or are you planning to buy a brand new one soon? There are several banks that can assist you like the Bank of the Philippine Islands (BPI).

BPI Auto Loan Downpayment

Buying a car requires a huge amount of money that is why not all people who reached 22 years old also reached their dream of getting a car. Meanwhile, you may apply for a loan offer to get some cash assistance.

One of the best options is the BPI Auto Loan. It is open both for the purchase of a brand new car and as well as in buying a pre-owned one. Under it, you only have to prepare an amount for the downpayment.

Based on the official website of the bank, in buying a brand new car, you only need to prepare at least 20% of the selling price of the vehicle for the BPI Auto Loan downpayment. The loan can be repaid in up to five (5) years.

Do you want to know how much you can borrow under the said BPI loan offer and the procedure in applying? Feel free to visit – BPI AUTO LOAN – How To Apply & Requirements To Prepare in Applying.

Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.

READ ALSO: BPI Auto Loan – Check in 60 Seconds If You’re Qualified To Apply For It

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