APPLYING FOR THE VEHICLE OF YOUR CHOICE:
REGULAR FINANCING OPTIONS
1) Downpayment - 20%, 25%, 30%, 35%, 40% 45%, 50% of Unit Price
Balance - monthly installment - 12 months, 18 months, 24 months, 36 months,
48 months or 60 months
2) Other Fees - 3 yrs LTO Registration, 3 yrs TPL, Chattel Mortgage Fee and
1 yr Comprehensive Insurance with "Acts of God"
1) Ask your authorized representative (a spouse, parent, relative or friend) to contact us for
personalized and hands-on servicing.
2) Make a reservation of Php 5,000.00 for the vehicle unit of your choice. This is advised
esp. if your choice vehicle is in demand. Orders are served on a "first - to reserve - first - to
be served" policy. You may pay in cash or check, a corresponding Official Receipt will be
issued to confirm your reservation.
This will be deducted from your total amount due upon purchase of your vehicle.
3) FINANCING PROCEDURE
a) Duly fill up Application Form provided herewith and submit it to us for loan application
processing.
b) Provide us with a copy of the following:
1. Your latest Contract of Employment with Gross Compensation
2. Proof of Remittances to the Philippines
In case of releasing/ delivery of unit in your absence, pls provide us
2. A copy of your valid ID with picture and signature (eg. passport, driver's license etc)
3. Special Power of Attorney (SPA) for your authorized representative duly notarized by
the Philippine Embassy located in the country where you are working. [Applicable
to spouses] (Sample Form is provided herewith)
- Initially fax the SPA to your Authorized Representative to present to us so we will
know who to coordinate with here in the Phils.
- Prior to the release of your vehicle, your Authorized Representative must submit the
original
For special cases, in lieu of SPA - spouse here in the Philippines can now issue
AFFIDAVIT OF MARITAL CONSENT
4. Your Tax Identification Number (TIN) or that of your spouse or if single, your co-
maker's TIN (usually a parent, a brother, a sister)
5. Local Residence Certificate (Both)
c) Financing applications takes a minimum of 3 days or more to process depending on
individual cases.
d) Inform us when you plan to purchase the unit of your choice.
** Do you have a short vacation? Do you want to maximize your vacation time?
When you qualify, we can assist in processing your auto loan even while you are abroad.
For Local Buyers
1) Make a reservation of Php 5,000.00 for the vehicle unit of your choice. This is advised esp. if your
choice vehicle is in demand. Orders are served on a "first - to reserve - first - to be served"
policy. You may pay in cash or check, a corresponding Official Receipt will be issued to confirm
your reservation. This will be deducted from your total amount due upon purchase of your
vehicle.
2) FINANCING PROCEDURE
a) Duly fill up Application Form provided herewith and submit it to us for loan application
processing.
b) Provide us with a copy of the following:
1. Your latest Contract of Employment with Gross Compensation or Copy of DTI or SEC
if your income is derived from business.
Upon release of the vehicle to you, provide us with the following:
2. A copy of your valid ID with picture and signature
(eg. passport, driver's license, PRC ID, SSS ID, GSIS ID, etc)
3. Your Tax Identification Number (TIN) or that of your spouse or if single, your co-
maker's TIN (usually a parent, a brother, a sister)
4. Residence Certificate (Both)
3) Financing applications takes a minimum of one (1)day or more to process depending on
individual cases
For more information and assistance
Email us at: admin@auto-searchphilippines.com
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