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2007 - 2010  Copyright @ www.auto-searchphilippines.com                                  Auto Loan Guide    

       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"

       Overseas Filipino Worker

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
         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
    3..         A copy of your valid ID with picture and signature (eg. passport, driver's license etc)
    4.          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
    5.          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)
    6.          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
         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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