Guide on Right Choice Vehicle Loan Loanable Amount
RIGHT CHOICE VEHICLE LOAN – Here is a guide on how much you may borrow under the car loan offer of the Right Choice Finance.
Nowadays, you don’t need to wait until you can save a million so you can make a big purchase like buying a car. You may apply for a loan offer to banks or lending companies to purchase a vehicle. There are several banks and lending companies in the Philippines that offer vehicle loan offers.
Truth be told that having your own vehicle brings convenience, safety, and comfort. You can travel conveniently anytime and anywhere if you have your own car. Also, it is one of the best preparations against unforeseen situations like medical emergencies in the middle of the night.
Furthermore, you can enjoy the comfort of riding your own car. The COVID-19 pandemic also highlighted the benefits as having your own car can reduce your exposure to the public.
The Right Choice Finance is one of the entities that you can turn to for a car loan. It is a lending company with several branches and its offer is open for both brand new and pre-owned vehicles.
Do you want to know how much you may borrow under the Right Choice Vehicle Loan? According to the lending company, it can finance up to 80% of the appraised value of the car.
For example, if the appraised value of the car is Php 800,000.00, you can borrow up to Php 640,000.00 under the Right Choice Vehicle Loan. There are both eligibility and documentary requirements in applying for the said loan offer.
To check if you are qualified to apply for the car loan offer, you may visit – Right Choice Car Loan: Who Are Qualified To Apply For It.
With regards to the documents that you must prepare and submit to Right Choice Finance, you may visit – LIST: Requirements for Right Choice Car Loan Application.