What is the required vehicle age in purchasing pre-owned car under BDO Auto Loan?
BDO AUTO LOAN – Here is a guide on the required age of the vehicle in buying a pre-owned car under the car loan offer of BDO Unibank.
Nowadays, acquiring your own car is getting easier and easier due to the many offers around us. You may consider brand new cars offered by car selling companies with low downpayments or you may also want to buy a pre-owned one.
With regards to buying a pre-owned car, there are several banks that can provide you with a cash assistance. One of them is BDO Unibank.
Under the BDO Auto Loan offer, you may apply for a cash assistance in buying a brand new or a pre-owned car. You may also apply for it for the reimbursement of your car purchase whether the vehicle is for personal or business use.
BDO Unibank has set a list of eligibility requirements in applying for this loan offer. To be eligible for this offer, the applicant must be:
- at least 21 years old but not more than 70 years old
- a Filipino citizen or a foreigner residing in the Philippines for at least two(2) years already
- having a gross family income of Php 50,000.00
- having a stable source of income (employed, self-employed, or employed abroad)
In applying for a brand new car purchase under the BDO Auto Loan offer, there is a wide range of options. The same goes to buying a pre-owned car under this offer only that there is a required vehicle age.
Based on the official website of the bank, the age of the vehicle should not exceed six(6) years upon the loan maturity to be eligible under the BDO Auto Loan. It is open for AUVs, vans, SUVs, and LCVs.
Do you want to know what are the options in buying a brand new car or for car purchase reimbursement? You may visit – BDO AUTO LOAN – What Are the Types of Cars This Offer Is Open For.
You might also like to know about the application process and the requirements under this offer. You may visit – BDO Car Loan: How To Apply For Auto Loan To Banco de Oro.
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: BDO UNIBANK LOANS – Full List of BDO Personal & Business Loan Offers