- With Option A, you enjoy a lower instalment.
Second-Hand Vehicles
For used locally purchased or used roll-on/roll-off vehicles, not more than seven years old:
For used locally purchased or roll-on-roll -off vehicle more than seven years old please contact us for further details.
Earn dividends on your shares by taking advantage of our flexible down-payment options:
- With Option B, you enjoy the benefit of dividends (interest on your shares), and when your loan is repaid, your shares are released to you.
As a further benefit, the Vehicle Loan can be done to include the Insurance and Legal Fees.
Vehicle Loan Requirements
- BIR file number
- Recent payslip – No later than 3 months
- A pro forma invoice from a registered dealer
- Full comprehensive insurance for duration of loan
- Current Credit Report fees – $90.00
- Recent job letter – No later than 3 months
- Required down payment.
- Two valid forms of national identification (must include Driver’s Permit)
- Processing fees – $500.00
Self-Employed Persons
All documents in ‘Requirements’ above, where applicable, as well as the following:
- Business Registration Certificate
Proof of income i.e., receipts and/or contracts, Bank, or other Financial Institution statements.
For Roll-On/Roll-Off Vehicles
All documents in ‘Requirements’ above, where applicable, as well as the following:
- Valuation Report from an approved valuator with photograph of the inside and outside of the vehicle
For Second-Hand Vehicles
All documents in ‘Requirements’ above, where applicable, as well as the following:
- Agreement of sale
- Certified copy of ownership
- Valuation Report from an approved valuator with photograph of the vehicle
