Check Here the BDO Auto Loan Features & Requirements for Application
BDO AUTO LOAN – Are you planning to buy a vehicle under a loan offer? BDO Unibank is one of the trusted entities that you may turn to.
Nowadays, there is no need to wait for years or to shelve out a huge amount for a car purchase. There are a lot of car loan providers in the Philippines that are ready to finance the purchase of both brand new and pre-owned vehicles.
In fact, there are entities whose car loan coverage exceeds the financing of the purchase of brand new and pre-owned vehicles. One of these is BDO Unibank, one of the most popular and trusted banks in the Philippines.
The BDO Auto Loan offer is open to finance several purposes including the following:
- purchase of Brand-New Cars including Electric and Hybrid Electric models
- purchase of Pre-owned Cars with models not exceeding six (6) years upon the loan maturity
- reimbursement of Brand-New Cars
- vehicle must not be more than one (1) month old from the delivery date of the dealer to the owner
- with a mileage of less than 2,500 kilometers
BDO boasts its loan offer with affordable cash out options, low interest rates, and fast loan processing. Under the offer, the loan applicants have the following options:
- Low Downpayment
- All-In Financing
- Multi-Year Motor Insurance Coverage
Under the BDO Auto Loan offer, the minimum loanable amount is Php 100,000.00. The loan offer is ready to finance the purchase of vehicles for personal use as well as for business use. Here is a guide on the downpayment and loan term under the loan offer:
Brand New
| Personal Loan | Business Loan | |
| Maximum Loan Term | 5 years | 3 years |
| Minimum Downpayment | 20% | 30% |
Pre-Owned
| Personal Loan | Business Loan | |
| Maximum Loan Term | 4 years | 2 years |
| Minimum Downpayment | 30% | 40% |
