AUTO LOAN
GUIDE
    REGULAR FINANCING OPTIONS

1)       Downpayment  -  20%, 25%, 30%, 35%, 40% 45%, 50% of Unit Price
Balance  -  monthly installment - 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
a)  Duly fill up Auto Loan Application Form provided herewith and submit it to
     us  for processing.
b)   Provide us with a copy of the following:
      1.  Your latest Job Contract or COE with Gross Compensation
      2.  At least 3 months Proof of Remittances to the Philippines
In case of releasing/ delivery of unit in your absence, pls provide us
c)   A copy of your valid ID with 3 specimen signatures (eg. passport,
      driver's license etc)
d)   Special Power of Attorney (SPA) for your authorized representative
      duly consularized  by the Philippine Embassy located in the country  
      where you are working.  (Request for a Sample Form
here)
       -   Initially email 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    
       In lieu of SPA - Your Spouse can now sign our Affidavit of Marital
       Consent or some banks allow qualified single signatories for auto loan now.
 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.  It would be
        ideal for OFWs to apply for an auto loan application
        One (1) a week before their arrival (Metro Manila & Suburbs residents)
        Three (3) weeks before their arrival (Provincial residents)

** 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 10,000.00 for the vehicle unit of your choice. Orders are    
served on a  "first - to reserve - first - to be served" policy.  You may pay in cash or  
check, a corresponding 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.  
AUTO LOAN APPLICATION FORM HERE
b) Provide us with a copy of the following:
  1. Your latest Contract of Employment with Gross Compensation
      or Copy of DTI [Business Reg] or SEC if your income is derived from business.
  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. Proof of Billing Address - latest utility bills
3) Financing applications takes a minimum of one (1) day - three (3) days - Metro
  Manila & Suburbs Residents and three (3) days - seven (7) days for Provincial
  Residents
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