Used Car Loan Financing
BUYING USED CAR? – 80% MAX APPROVAL 20% DOWN PAYMENT ONLY APPLY NOW!
Buying a used or second hand auto? We’ve got great deal thru financing – with as low as 20% down payment requirement only for our used car loan financing offer. We will finance your 2nd hand car buy so you can get the ball rolling and use it in no time. Just provide us a copy of the OR CR with and name and contact numbers of your dealer or private seller and we’ll talk it out with them on arrangements with you beside so you know the terms. We will shoulder everything else regarding the whole process from the point of your submission of the complete requirements.
USED CAR LOAN REQUIREMENTS
- Completely filled up application form
- Photocopy of Car OR CR you wanted to buy
- TIN ID or any proof of TIN (also photocopy)
- 2 original primary valid IDs photocopied in one page
- Original proof of billing (we only accept electric or water bill) (even if bill is not under borrower’s name) (address must be the same as the 2 valid IDs)
- Car model must be year 2000 and up.
- Borrower must have a source of income – (if with business, must provide photocopy and original DTI business permit or mayor’s permit + 3 months latest bank statement) (if with remittance from abroad, must provide 3 months latest remittance receipt with name of receiver as the borrower + 3 months latest bank statement) (if with property for rent, must provide photocopy of contract of lease + 3 months latest bank statement) (if with work, must provide 3 months latest payslip and certificate of employment / COE)
- Car owners with own checking account will have the advantage for fast processing of used car loan financing as a PDC is needed upon car release.
- For those who want to apply for our car refinancing / financing and car loan takeout from banks and other private lending companies, use our CONTACT US above and call for inquiry.
Year Model | Payment Terms | Interest Rate |
1996-2001 | 12 months (minimum) | 2% (flat rate) |
18 months (maximum) | 2% (flat rate) | |
2002-2005 | 12 months (minimum) | 1.5% (flat rate) |
18 months | 1.5% (flat rate) | |
24 months | 1.3% (flat rate) | |
36 months (maximum) | 1.3% (flat rate) | |
2006-2007 | 12 months (minimum) | 1.5% (flat rate) |
18 months | 1.4% (flat rate) | |
24 months | 1.3% (flat rate) | |
36 months (maximum) | 1.3% (flat rate) | |
2008-Latest | 12 months (minimum) | 1.5% (flat rate) |
18 months | 1.4% (flat rate) | |
24 months | 1.3% (flat rate) | |
36 months (maximum) | 1.3% (flat rate) |
HOW MUCH IS THE INTEREST RATE FOR BUYING SECOND HAND CAR UNDER FINANCING?
We offer the lowest interest rates for private financing for Pinoys who want to buy used / second hand car at 1.8% ONLY 1.3% and the maximum loan term we offer is up to 5 years or 60 months to pay. To know if you can qualify for our used car loan financing offer as well as see the respective requirements list, please contact us now. We will immediately have you undergo an initial pre-qualifying interview. Don’t worry, it will only be 3-5 minutes of your time.
CAR YEAR MODEL WE ACCEPT FOR OUR FINANCING OF USED CAR
As of our new office memorandum, 2015, it is agreed by the board of directors of the company to accept only 2000 year model cars or newer. We no longer accept year model below that minimum treshold to avoid risk factors of high delinquency and wear and tear. We welcome car dealers and private sellers / owners to have their for sale cars offered for financing under our company providers.
Fill Up Our Loan Application Form Below
Sun Cellular No 0932 – 872 5532
Smart Cellular No 0939 – 9269335
Globe No 0917 – 5019245
Email application form at info.autoloanphilippines@gmail.com or info.fastloanph@gmail.com
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